In a significant shift for global energy markets, the International Energy Agency (IEA) has revised its long-standing predictions on oil and gas demand, prompting major financial institutions like Goldman Sachs to adjust their forecasts accordingly. This \”U-Turn\” by the IEA, as it\’s being dubbed in industry circles, moves away from earlier projections of an imminent […]
Continue ReadingIn a dramatic escalation of the ongoing Russia-Ukraine conflict, Ukrainian forces launched a drone strike on Russia\’s key Black Sea port of Novorossiysk early on November 14, 2025, targeting vital energy infrastructure. This attack has sent shockwaves through global oil markets, pushing prices up by more than 2% amid fears of supply disruptions. As tensions […]
Continue ReadingIn a striking reversal of fortunes for one of Europe\’s most environmentally conscious nations, Norway\’s oil and gas sector is ramping up investments at a record pace. Just a few years ago, discussions around phasing out fossil fuel production dominated political debates, with green advocates pushing for a swift transition to renewables. Today, however, the […]
Continue ReadingIn 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 […]
Continue ReadingDaily 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 […]
Continue ReadingThe 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 […]
Continue ReadingIn a bold move signaling a return to aggressive energy development, the Bureau of Ocean Energy Management (BOEM) has announced the Big Beautiful Gulf 1 (BBG1) lease sale, set for December 10, 2025. This auction, covering approximately 80 million acres in the newly renamed Gulf of America (formerly the Gulf of Mexico), is the first […]
Continue ReadingU.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, […] U.S. Natural Gas Futures Up […]
Continue ReadingAs the Northern Hemisphere braces for winter, a familiar narrative is flipping on its head. For years, discussions around climate have centered on global warming and its implications for milder winters. But emerging weather forecasts paint a different picture: a weakening polar vortex is poised to unleash frigid air across the US, Asia, and parts […]
Continue ReadingWeekly Daily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on Gutfield hits it out of the park. Stu Turley Illinois Gov Pritzker to Approve Bill Calling for 3 GW […]
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