In a strategic move amid ongoing pressures to streamline operations and bolster financial health, BP is reportedly in advanced negotiations to sell its iconic Castrol lubricants business to U.S. investment firm Stonepeak. This potential divestment aligns with BP’s broader efforts to shed non-core assets, focus on high-margin oil and gas activities, and meet ambitious divestment […]
In the volatile world of energy markets, 2025 has proven to be a year of contrasts for Big Oil. While crude oil prices have dipped amid oversupply concerns and shifting global demand, major players like ExxonMobil, Chevron, Shell, and TotalEnergies continue to report robust profits. Third-quarter earnings for these giants exceeded $21 billion combined, showcasing […]
Daily Standup Top Stories COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line? November 12, 2025 Clark Savage As the confetti from the 2024 U.S. election settles and President-elect Donald Trump’s “drill, baby, drill” mantra echoes […]
In a world where energy transitions are touted as the path to a sustainable future, natural gas is making a surprising comeback. Investors are piling into the sector, driven by soaring global demand and a shifting narrative around climate policies. At COP30 in Belém, Brazil, discussions emphasized methane reductions through targeted actions like the methane […]
As the confetti from the 2024 U.S. election settles and President-elect Donald Trump’s “drill, baby, drill” mantra echoes across the heartland, the United Nations’ annual climate circus—better known as the Conferences of the Parties (COPs)—limps into its 30th iteration in Belém, Brazil. But let’s cut the green-tinted fog: these gatherings have been a spectacular flop. […]
ENB Pub Note: This article is from Doug Sheridan’s LinkedIn, and we highly recommend subscribing. Javier Blas writes in Bloomberg that Trump has confidently predicted the return of coal in America. Trump won’t resurrect coal consumption to its glory days, but he is likely to arrest its decline, freezing demand around current levels. US coal […]
The International Energy Agency (IEA) has released its World Energy Outlook 2025, painting a nuanced picture of global energy trends that challenges earlier narratives of a swift transition away from fossil fuels. In a revived scenario based solely on current policies and regulations—known as the Current Policies Scenario (CPS)—demand for oil and natural gas is […]
The US nuclear industry is experiencing a renaissance, fueled by massive investments and a surge in demand from energy-hungry AI data centers. According to recent reports, around $80 billion is pouring into new nuclear projects, with tech giants like Amazon, Google, and Microsoft betting big on advanced reactors to power their AI ambitions. However, as […]
In a bold move to capitalize on the surging energy demands of artificial intelligence, Chevron has announced its first dedicated power project for a data center in West Texas. This initiative marks the oil giant’s strategic pivot into the power generation sector, leveraging its abundant natural gas resources from the Permian Basin to fuel the […]
ENB Pub Note: This summary was posted on Seeking Alpha, and I thought it was a good summary. We will prepare these types of summaries in the future. Let us know what types of summaries you would like to see. Summary Midstream/MLP earnings results for the third quarter were largely in line with consensus expectations, […]
