In a landscape where energy markets are grappling with uncertainties around oversupply and the push toward renewables, Chevron CEO Mike Wirth stands firm in his optimism for the oil and gas sector. Speaking recently, Wirth dismissed fears of a looming glut in oil supply, emphasizing a balanced outlook that aligns more closely with OPEC’s projections […]
In a stark warning to global investors chasing the green dream, Sweden’s pension funds are reeling from massive financial setbacks tied to ambitious net-zero initiatives. Once hailed as pioneers in sustainable investing, these funds poured billions into high-risk clean energy ventures, only to watch them crumble amid market realities. This debacle highlights the perils of […]
Weekly Daily Standup Top Stories U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, […] […]
In a significant move for North America’s energy landscape, Enbridge Inc. has announced the final investment decision on its Mainline Optimization Phase 1 (MLO1) project, greenlighting a $1.4 billion expansion to enhance the flow of Canadian crude oil to key U.S. refining markets. This update comes as Canadian oil production continues to climb, reaching a […]
This was a great live podcast with Tracy Shuchart, CEO/Founder & Chief Market Strategist with Hilltower Resource Advisors, and Josh Young, Portfolio Manager at Bison Interests. We have had 6,811 views on my X account with 32K in impressions. People have really enjoyed listening to Tracy Shuchart and Josh Young. We also recommend following his […]
As winter sets in across the Russian Arctic, Novatek’s ambitious Arctic LNG 2 project is scaling back gas production to align with anticipated reductions in export capabilities. This move comes amid ongoing Western sanctions, early ice formation on the Northern Sea Route (NSR), and a critical shortage of ice-class vessels capable of navigating harsh winter […]
The latest weekly rig count report from Baker Hughes, released on November 14, 2025, shows a modest increase in U.S. drilling activity. The total number of active rigs in the United States rose by one to 549, marking a slight uptick amid ongoing fluctuations in the energy sector. This comes as the industry navigates volatile […]
The electric vehicle (EV) sector in China, once hailed as a global powerhouse driving the green energy transition, is now facing a severe crisis characterized by oversupply, cutthroat competition, and mounting financial losses. This downturn threatens not only domestic manufacturers but the broader economy, as the industry grapples with unsustainable practices fueled by years of […]
In a bold move to expand its footprint in the U.S. energy sector, Harvest Midstream Company has recently completed two significant acquisitions, one in Alaska and another spanning the Rocky Mountains region. These deals, announced and closed in November 2025, underscore Harvest’s strategy to bolster its midstream operations, enhance natural gas infrastructure, and position itself […]
In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley sits down with Dr. Lars Schernikau, author of The Unpopular Truth About Electricity and the Future of Energy, to unpack why reliability and affordability must lead energy policy. They dive into the real costs of large-scale wind and solar—intermittency, low energy density, short lifetimes, grid stability (AC […]
