In a bold move amid Venezuela\’s rapidly evolving political landscape, former Chevron executive Ali Moshiri is spearheading an initiative to raise $2 billion for investments in the country\’s beleaguered oil sector. This comes just days after U.S. forces captured ousted President Nicolás Maduro, sparking renewed interest in revitalizing what were once the world\’s largest proven […]
Continue ReadingAs we step into 2026, the global energy landscape is poised for turbulence, with whispers of an oil \”glut\” dominating headlines. Yet, this narrative may be overstated, influenced by geopolitical pressures and market dynamics that could reshape supply realities. Drawing from recent analyses, including Reuters\’ outlook and insights from OPEC and specialized energy commentary, here […]
Continue ReadingIn a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime\’s oil exports. On December 20, 2025, the US Coast Guard seized the supertanker named Centuries in the Caribbean Sea, shortly after it departed from […]
Continue ReadingWhat a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on the Sunday release of the Energy News Beat Stand Up. Stu points out that President Trump needs to pay attention, […]
Continue ReadingWhat a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on the Sunday release of the Energy News Beat Stand Up. Stu points out that President Trump needs to pay attention, […]
Continue ReadingOr is this about the Monroe Doctrine? 1. The Trump administration’s actions against Venezuela, including the capture of a “dark fleet” oil tanker. We discuss whether this is more about oil or a show of force against the Venezuelan government. Stu chimes in that Panama is not renewing their “Belt and Road” initiative with China, […]
Continue ReadingIn a bold display of defiance against US sanctions, two shadowy supertankers—operating under the pseudonyms \”Crag\” and \”Galaxy 3\”—have docked at Venezuela\’s Jose port to load nearly 4 million barrels of Merey 16 crude oil destined for Asia. These vessels, part of the infamous \”dark fleet\” used to evade international restrictions, highlight the ongoing cat-and-mouse […]
Continue ReadingThe US oil and gas sector is showing signs of resilience with a recent uptick in drilling activity, even as analysts sound alarms over an impending global oil surplus. According to the latest Baker Hughes data, the US rig count rose by five to 549 in the week ending December 5, 2025, marking the fourth […]
Continue ReadingDavid Blackmon stops by to talk about his Forbes Article and the Geopolitical Issues we face. Today on the Energy News Beat, Stand up Stu Turley and David Blackmon talk about the critical issues around Data Centers, Venezuela, Chevron, and how investors would react. With an oil platform in the Caspian Sea hit by Ukrainian […]
Continue ReadingIn the volatile landscape of global energy geopolitics, Chevron Corporation stands as a pivotal player in Venezuela\’s ongoing crisis. As the only U.S. oil major still operating in the sanctioned nation, Chevron is navigating a complex web of political tensions, economic sanctions, and potential regime change under the Maduro government. Recent discussions between Chevron executives […]
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