Tag: Chevron

ExxonMobil and Chevron Ink $34 Billion Deal with Indonesia: A Game-Changer for Energy Markets and Investors

Clark Savage46

On 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 […]

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Highway Robbery at the Pump

Clark Savage54

Daily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential […]

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U.S. Refiners Seek Heavy Crude Sources After Chevron’s Reduced Role in Venezuela

Clark Savage70

U.S. Gulf Coast refiners are facing a tightening supply of heavy crude oil as Chevron’s operational role in Venezuela diminishes, a development driven by U.S. sanctions and geopolitical shifts. With Venezuelan crude exports to the U.S. declining, refiners are scrambling to secure alternative sources to meet their blending needs. This article explores the U.S.’s heavy […]

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Why More Sanctions on Russia Will Hurt the US

Clark Savage45

Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in the […]

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