Daily Standup Top Stories Chevron Targets $6-8 bln In Free Cash Flow Growth By 2026 January 8, 2025 Clark Savage Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by “a couple billion dollars,” Chevron CEO Michael Wirth announced on Wednesday. America’s second […] Salt […]
Continue ReadingDaily Standup Top Stories China Targets Critical Metals in Tit-for-Tat Response to US December 3, 2024 Clark Savage Beijing bans exports of germanium, gallium to American market Move is a swift reply to Biden’s escalation of tech curbs China announced an outright ban on exports of several materials with high-tech and […] OPEC+ Is Firming […]
Continue ReadingWeekly Daily Standup Top Stories Half of U.S. at risk for blackouts during extreme cold this winter, grid watchdog warns November 24, 2024 Clark Savage A new report by the North American Electric Reliability Corporation (NERC), which assesses the United States and Canada’s grid reliability, finds that much of the central and eastern U.S. could experience blackouts […]
Continue ReadingDaily Standup Top Stories Europe Is Already Facing Its Next Energy Crisis November 23, 2024 Clark Savage With winter still approaching, storage is being emptied faster than usual and gas prices have surged, raising echoes of the 2022 shock. Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings […] Half of U.S. at […]
Continue ReadingDaily Standup Top Stories Drill, Baby, Drill’ Hits Wall of Capital Restraint – More like Drill Baby Drill when fiscally responsible! November 13, 2024 Clark Savage Trump will encounter a very different mindset of shale industry executives in 2025 compared to the late 2010s. Discipline and a pragmatic approach to balancing production growth with shareholder returns […]
Continue ReadingDaily Standup Top Stories Oil Prices Tumble as Demand Concerns Take Center Stage October 15, 2024 Mariel Alumit Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders refocused on growing demand concerns. – The September monthly average refining margin fell to its lowest for the month since […] Israel Vows It […]
Continue ReadingWeekly Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled power in its grid. Unit 3 and Unit 4 at Plant Vogtle near Waynesboro, Georgia, have started commercial […] Heavy […]
Continue ReadingDaily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled power in its grid. Unit 3 and Unit 4 at Plant Vogtle near Waynesboro, Georgia, have started commercial […] Shock Drop: […]
Continue ReadingDaily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […] Relying on electricity interconnectors […]
Continue ReadingDaily Standup Top Stories Italy’s central bank backs helping poorer countries fund energy transition September 16, 2024 Mariel Alumit ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind a plan to help poorer countries reduce their carbon emissions, saying it would ultimately reduce the overall cost […] LNG pipeline […]
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