Key Points Research suggests Chevron\’s oil production in Venezuela is winding down, likely zero or negligible by May 11, 2025. It seems likely that U.S. sanctions and license termination have halted significant operations. The evidence leans toward Chevron ceasing production by May 27, 2025, with controversy over the impact on Venezuela\’s economy. Current Status As […]
Continue ReadingSource: The Crude Truth Substack, Rey Trevino It brings up some interesting points about an American Company helping a foreign country to overproduce their OPEC+ production quotas. We have often wondered why they were not adhering to their agreed-upon quotas, but we have to look at the individual government’s need for cash for the answer. […]
Continue ReadingDaily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] House Votes […]
Continue ReadingDaily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingDaily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control it within your own borders, you can not control it outside of your borders, and […] US Urges Eastern Europe to […]
Continue ReadingENB Pub Note: This article by Charles Kennedy for Oilprice.com makes some excellent points. I still feel that energy, Utility, critical minerals, oil, and gas are still good investments. There are some great deals available, and I have conducted several insightful interviews with CEOs discussing the benefits of investing in energy commodities. Wind, solar, and […]
Continue ReadingWeekly Daily Standup Top Stories Clean Energy Projects in the United States have been lost in the wind to the tune of $8 Billion – But how much cheaper will be our electricity? April 20, 2025 Clark Savage In the first quarter of 2025, 16 large-scale clean energy projects in the U.S. were canceled, downsized, or […]
Continue ReadingDaily Standup Top Stories To Be or Not to Be – Russian LNG Revisited April 20, 2025 Clark Savage ENB Pub Note: This article from Cyrus Brooks on LinkedIn over at RBAC is spot on. As RBAC is a leading global energy company, Dr. Robert Brooks and Cyrus have both been featured on the […] Here’s How […]
Continue ReadingOil giant BP, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a fundamental reset. Britain’s Shell and U.S. oil giants Exxon Mobil and Chevron have been touted as possible suitors. “I wouldn’t take anything off on the table. You know, oil and gas […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, host Stuart Turley interviews industry veterans Mark Stansberry, author of American Needs Energy and its Natural Resources, and Steve Reese, a key figure in the LNG and data center sectors. They discuss a wide range of energy issues, including the impact of tariffs on energy prices, […]
Continue Reading