Daily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […] DOE’s Grid […]
Continue ReadingDaily Standup Top Stories Shell and TotalEnergies Boosting Oil and Gas Output in Nigeria: A Global Trend with Financial Implications July 8, 2025 Clark Savage The global energy landscape is witnessing a resurgence in oil and gas production, with major players like Shell and TotalEnergies leading the charge in Nigeria, Africa’s top oil producer. According to […]
Continue ReadingKey Points The U.S. has revised its 2025 crude oil output growth forecast downward to 160,000 barrels per day, down from 210,000, due to slower drilling activity. Research suggests that major basins like Permian, Bakken, and Eagle Ford will see varied impacts, with Permian leading at 6.53 million barrels per day in 2025, while others […]
Continue ReadingOPEC+ has been making waves with ambitious production quota hikes, signaling a bold shift toward reclaiming market share. However, recent data reveals a recurring theme: the group’s actual output consistently falls short of these lofty targets. As oil markets shrug off the latest production push, questions arise about whether OPEC+ is nearing its production ceiling, […]
Continue ReadingDaily Standup Top Stories Ghost Factories Are a Warning Sign for Green Manufacturing’s Future July 7, 2025 Clark Savage The promise of a green manufacturing boom, fueled by generous subsidies and ambitious climate policies, is unraveling across the United States and beyond. So-called “ghost factories”—abandoned or stalled clean-energy projects—are becoming a stark symbol of […] Iraq Lifts […]
Continue ReadingOn July 7, 2025, U.S. energy giants ExxonMobil and Chevron, alongside Indonesia’s state-owned energy firm Pertamina and other companies, signed a monumental $34 billion memorandum of understanding (MoU) for commodity purchases and investments. This landmark agreement, reported by OilPrice.com, marks a strategic move to bolster U.S.-Indonesia trade relations, avoid steep tariffs, and reshape the global […]
Continue ReadingWeekly Daily Standup Top Stories Big Beautiful Bill May Still Yet End the Green New Deal June 29, 2025 Clark Savage Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, dubbed the “One Big Beautiful Bill Act,” with a narrow 51-49 procedural vote on June 28, 2025. This $4.5 trillion […] […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley talks with Mark Lancaster about solving the stranded gas challenge by turning wasted natural gas into energy for Bitcoin mining and data centers. Lancaster explains how his company provides fast, scalable natural gas generators, which cut project timelines and reduce emissions. They discuss […]
Continue ReadingDaily Standup Top Stories Clean Energy Gutted in Last-Minute Rewrite of Trump’s $1.2T Senate Tax Bill June 30, 2025 Clark Savage In a stunning turn of events, Senate Republicans have delivered a seismic blow to the clean energy sector with sweeping last-minute revisions to President Donald Trump’s $1.2-trillion “One Big, Beautiful Bill.” The amendments, inserted just […] […]
Continue ReadingWeekly Daily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels June 22, 2025 Clark Savage The global energy landscape […]
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