U.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d […]
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 […]
Subsea7 has landed a major engineering, procurement, construction, and installation (EPCI) contract from Aramco, covering offshore facilities in Saudi Arabia. The award falls under Subsea7’s long-term agreement (LTA) with the state-owned operator, the Oslo-listed company […]
In the high-stakes world of global markets, the U.S. stock market has been on a tear, adding a staggering $14 trillion in value since April lows, with the S&P 500 surging 32%. This rally, as […]
Weekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has […]
In the world of energy markets, where headlines often scream about impending gluts and oversupply, OPEC’s latest outlook is turning heads for all the wrong reasons—at least from the perspective of those expecting a flood […]
In the ever-evolving landscape of global energy, the narrative of an impending “peak” in fossil fuel demand has long been a cornerstone of climate policy and investment strategies. Proponents argued that as renewables like wind […]
Daily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are […]
By ZeroHedge The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to […]
ENB Pub Note: This article from Irina Slav’s Substack is on point on the oil glut in the news. We recommend following her on her Substack. As we say in Texas, the math ain’t mathing. […]
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