SLB (NYSE: SLB), the global leader in oilfield services, reported third-quarter 2025 earnings that surpassed analyst expectations, driven by resilient international performance, growth in its Digital segment, and contributions from the recently acquired ChampionX business. The company announced revenue of $8.93 billion for the quarter ending September 30, 2025, marking a 4% sequential increase from […]
In the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in the industry. This trend highlights how operators are squeezing more production from fewer rigs, a testament to improved drilling techniques […]
In a world where unelected bureaucrats at the United Nations push for sweeping environmental regulations that often amount to little more than wealth redistribution schemes, President Donald Trump’s no-nonsense approach has once again delivered a win for everyday consumers. The recent delay in the UN’s proposed global maritime carbon tax—dubbed by Trump himself as the […]
In the escalating geopolitical tussle between the United States and China over rare earth elements (REEs)—critical minerals essential for everything from smartphones and electric vehicles (EVs) to fighter jets and renewable energy technologies—Europe finds itself caught in the crossfire, emerging as the unintended primary victim. As both superpowers vie for dominance in supply chains that […]
In a significant blow to the electric vehicle (EV) sector, General Motors (G.M.) has announced a $1.6 billion charge against its third-quarter earnings, primarily due to the recent elimination of the $7,500 federal tax credit for new EVs. This policy change, enacted as part of President Trump’s spending bill and effective at the end of […]
In a dramatic escalation of the ongoing trade tensions between the United States and China, Beijing has imposed new port fees on U.S.-linked vessels, sending shockwaves through the global oil tanker market. This retaliatory move comes in response to U.S. charges on Chinese-owned or operated ships, further complicating an already volatile energy trade landscape. As […]
In a bold step toward energy independence and resilience, the U.S. Army has unveiled Project Janus, an ambitious initiative to install micro nuclear reactors across multiple military installations. Announced on October 14, 2025, during the Association of the United States Army (AUSA) Annual Meeting, the program aims to deploy up to 18 reactors—two at each […]
In a recent development that underscores the complexities of global energy geopolitics, U.S. President Donald Trump claimed that Indian Prime Minister Narendra Modi had assured him India would halt purchases of Russian oil. This announcement came amid escalating U.S. pressure, including tariffs on Indian goods, aimed at isolating Russia economically over its ongoing conflict in […]
In the volatile world of energy markets, recent data from the U.S. Energy Information Administration (EIA) has sent ripples through trading desks. The latest Weekly Petroleum Status Report, released on October 8, 2025, revealed a significant build in crude oil inventories for the week ending October 3, 2025. Stocks rose by 3.72 million barrels, bringing […]
Daily Standup Top Stories Where’s the Glut? Says ConocoPhillips CEO Ryan Lance October 15, 2025 Clark Savage In the ever-volatile world of oil markets, ConocoPhillips CEO Ryan Lance has recently challenged the prevailing narratives of an impending oil surplus. Speaking at a recent industry event, Lance questioned the notion of a glut, […] Occidental CEO Hollub Sees […]
