In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous […]
In a move that underscores the ongoing tension between fossil fuel revival efforts and the push for clean energy, the Trump administration issued an emergency order on December 30, 2025, requiring the Craig Station Unit […]
In a strategic move underscoring the importance of global energy diversification, Japan Petroleum Exploration Co. Ltd. (JAPEX) has acquired Verdad Resources Intermediate Holdings LLC (VRIH) for approximately $1.3 billion. This deal highlights a key principle […]
Weekly Daily Standup Top Stories Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike October 4, 2025 Clark Savage The Chevron El Segundo Refinery, located […]
In a stark admission that the electric vehicle revolution is more mirage than reality, Colorado’s Regional Transportation District (RTD) is set to borrow a whopping $539 million to replenish its bus fleet, effectively shelving its longheld EV […]
In a significant development shaking up the energy and petrochemical sectors, Warren Buffett’s Berkshire Hathaway Inc. is reportedly on the verge of acquiring OxyChem, the petrochemical division of Occidental Petroleum Corp., for approximately $10 billion. […]
In a move that underscores the Trump administration’s commitment to fiscal responsibility and energy priorities, the U.S. Department of Energy (DOE) has announced the termination of 223 energy projects, canceling approximately $7.56 billion in federal […]
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, […]
The U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, […]
News about massive oil and gas reserves identified in southwest Wyoming’s Mowry Shale formation has Josh Sorensen of Rock Springs reflecting on past booms. As president of Mountain States Pressure Service, Sorensen has over the […]
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