By ZeroHedge The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to fund projects and shareholder payouts. The downturn is significantly impacting the US shale industry and raising concerns about the future […]
Continue ReadingIn the ever-evolving landscape of global energy, one trend stands out: the sharp decline in exploration capital expenditures (capex) by oil majors since the peak years around 2013. This pullback raises critical questions about future oil production capacity, especially as natural decline rates in existing fields demand massive investments to maintain supply. With demand from […]
Continue ReadingAs global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world\’s largest oil importer will continue its aggressive stockpiling strategy, building strategic petroleum reserves (SPR) at a multi-year high pace. This move not only secures China\’s energy needs but also […]
Continue ReadingENB Pub Note: This article from Irina Slav\’s Substack is on point on the oil glut in the news. We recommend following her on her Substack. As we say in Texas, the math ain\’t mathing. First, looking at OPEC+\’s additional increases, if they can actually produce them as well as the simple fact we are […]
Continue ReadingDaily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Hyundai EV […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Bill Mazzetti of Rosendin to break down the explosive growth of AI-driven data centers, behind-the-meter power strategies, and the future of energy infrastructure in the U.S. From Abilene’s gas-turbine projects to modular nuclear, battery mandates, and California’s near-blackout save, this […]
Continue ReadingWeekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK […]
Continue ReadingIn a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan\’s exclusive economic zone (EEZ), marking a new phase in Beijing\’s \”gray-zone\” tactics against the island. According to recent reports, the state-owned China National Offshore Oil Corporation (CNOOC) has […]
Continue ReadingDaily Standup Top Stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped September 3, 2025 Clark Savage In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan […]
Continue ReadingDaily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK Energy […]
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