In a significant development for the global energy market, Chevron Corporation has ramped up its operations in Venezuela by chartering its largest fleet of tankers in over a year to transport crude oil amid evolving […]
What 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 […]
In an era when energy independence is paramount to national security, California’s aggressive push to phase out fossil fuels under Governor Gavin Newsom has created a precarious situation. Refineries are shuttering, fuel shortages loom, and […]
Weekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has […]
In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its Benicia refinery in […]
In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]
Phillips 66’s decision to shutter its Los Angeles-area refinery by the end of 2025, with layoffs beginning in December, marks another blow to California’s already strained refining sector. The closure, affecting 600 employees and 300 […]
Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]
Daily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around […]
Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, […]
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