Oil Giants Join OPEC in Boosting Production with Earnings Confirmations This Week

In a market grappling with tumbling crude prices and an oversupply of oil, major oil companies are aligning with OPEC\’s strategy by ramping up production. This week’s earnings reports from industry heavyweights like ExxonMobil, Chevron, Shell, BP, and TotalEnergies are expected to confirm these expansion plans, signaling a push forward despite short-term headwinds. As Brent […]

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Valero Charges Forward with California Refinery Shutdown: Newsom\’s Net Zero \”Victory\” Accelerates the Exodus of Oil and Gas from the Golden State

In a move that underscores the relentless squeeze on California\’s fossil fuel industry, Valero Energy has confirmed it will proceed with shutting down its Benicia refinery by April 2026, despite last-ditch negotiations with state officials. The 145,000-barrel-per-day facility, a cornerstone of West Coast refining since 1968, falls victim to what Valero cites as an unforgiving […]

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How is China Holding Up Under the Trump Tariff Wars, and Can They Still Keep Buying Oil?

In the escalating trade tensions dubbed the \”Trump Tariff Wars,\” China finds itself at a pivotal crossroads. For decades, Beijing has navigated the global stage with a dual narrative: projecting itself as a rising superpower domestically while leveraging its \”developing country\” status abroad to secure subsidies, lower tariffs, and delayed international obligations. This strategy allowed […]

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China’s Critical Minerals Ban: A Win for the U.S.? – ENB Weekly Recap

Weekly Daily Standup Top Stories The Current State of Critical Minerals in the US Market October 12, 2025 Clark Savage In an era defined by the push toward clean energy, electrification, and advanced technologies, critical minerals have emerged as the backbone of modern manufacturing and national security. These essential resources—ranging from lithium for batteries to […] China […]

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“There is No Oil Glut,” According to ConocoPhillips CEO Ryan Lance

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 […]

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Occidental CEO Hollub Sees Tight Oil Price Range Through 2026 – But what about Natural Gas we ask?

In a market still reeling from geopolitical tensions and shifting global demand patterns, Occidental Petroleum CEO Vicki Hollub delivered a sobering yet strategic outlook at the Energy Intelligence Forum in London this week. Hollub projected that crude oil prices will remain confined to a narrow band of $58 to $62 per barrel through 2026, describing […]

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