In a significant development shaking up the energy and petrochemical sectors, Warren Buffett’s Berkshire Hathaway Inc. is reportedly on the verge of acquiring OxyChem, the petrochemical division of Occidental Petroleum Corp., for approximately $10 billion. […]
The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals. Under BP’s “Current […]
Daily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says […]
In a significant move that could reshape its portfolio and bolster its financial health, Occidental Petroleum Corp. (NYSE: OXY) is reportedly negotiating the sale of its petrochemical division, OxyChem, in a deal valued at a […]
On September 25, 2025, Russia announced plans to extend its gasoline export ban through the end of 2025 and introduce a partial ban on diesel exports targeting non-producers, as reported by Deputy Prime Minister Alexander […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2025 Note: Total distillate inventories include distillate fuel oil, renewable diesel, and biodiesel inventories. In our September Short-Term Energy Outlook, we forecast U.S. total distillate inventories to end 2025 […]
The vast resources of underground coal, crude oil, and natural gas are all useless unless refined or processed into the fuels and products that support the lives of 8 billion people. Refineries, coal gasification, and […]
This was an emotional podcast to film as we filmed the day after Charlie Kirk’s assassination. Steve was Charlie’s friend, and he had helped him out tremendously. In this episode of Energy Newsbeat – Conversations […]
Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As […]
In a dramatic eleventh-hour compromise, California lawmakers have forged a deal with the oil industry aimed at bolstering domestic crude production amid looming refinery closures that threaten to drive up gasoline prices. The agreement, embedded […]
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