In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government\’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline rate—exemplify this contradiction, […]
Continue ReadingIn a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela\’s oil sector. This initiative aims to revitalize two underutilized oil fields, potentially boosting Venezuela\’s crude production at a time when the […]
Continue ReadingThe global push toward net zero emissions has been a cornerstone of climate policy and investment strategy for years, but recent developments suggest a significant shift. Major banks, once vocal supporters of environmental, social, and governance (ESG) initiatives, are increasingly retreating from these commitments. This trend raises critical questions for investors in the energy sector: […]
Continue ReadingIn a bold move to revitalize American energy production, the Trump administration has unveiled a sweeping offshore oil and gas leasing schedule through the Department of the Interior (DOI). Announced on August 19, 2025, this initiative marks a stark reversal from the restrictive policies of the previous Biden administration, aiming to unleash domestic resources and […]
Continue ReadingWe are witnessing a total fiscal collapse and deindustrialization in the UK, the EU, and Canada, primarily due to the implementation of Net Zero policies. This and other stories confirm today the path for the countries following Net Zero. In the story TotalEnergies Wins Legal Battle to Shut Down North Sea Oil Fields. we see a […]
Continue ReadingENB Pub Note: Doug Sheridan writes on LinkedIn the following, and he is spot on. And as the subtitle suggests, \”Turley\’s Law\” has been proven accurate in the past, and we will have to look at modifications as the world needs more oil and gas. The overall premise was that the more money spent on […]
Continue ReadingIn a testament to operational excellence, Chevron Corporation (CVX) has achieved record-breaking oil and gas production in the second quarter of 2025, positively influencing its earnings despite headwinds from lower commodity prices. This milestone underscores the resilience of traditional energy giants in a volatile market while highlighting key considerations for investors evaluating shareholder returns across […]
Continue ReadingIn a bold move that underscores a pragmatic approach to energy policy, President Donald Trump has reinstated Chevron\’s license to operate in Venezuela, allowing the U.S. energy giant to resume production and export activities in the South American nation. This decision, which reverses previous sanctions and builds on earlier exemptions, is poised to deliver significant […]
Continue ReadingIn a significant shift that underscores the challenges facing the renewable energy sector, BP Plc has announced its intention to exit the Australian Renewable Energy Hub (AREH), a massive $36 billion green hydrogen production project. This decision marks BP\’s withdrawal as both operator and equity holder, reflecting a broader strategic shift back toward its core […]
Continue ReadingDaily Standup Top Stories Natural Gas Has Achieved Dominance and Is No Longer a Bridge Fuel July 20, 2025 Clark Savage In the evolving global energy landscape, natural gas has undergone a profound transformation. Once positioned as a mere “bridge fuel” to facilitate the shift from coal to renewables, it is now recognized as a cornerstone […] […]
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