Daily Standup Top Stories A Big Coal Plant Was Just Imploded to Make Way for an AI Data Center – WSJ April 2, 2025 Clark Savage ENB Pub Note: Interesting article from the WSJ. They bring up some interesting points and confirm my bullish sentiment on natural gas. But what is missing is the bigger question […]
Continue ReadingENB Pub Note: This is a critical story, and we will dig into this issue. The program in the IRA allocated $1.55 billion to the MERP, with $350 million designated as formula grant funding to states to monitor and reduce methane emissions from marginal conventional wells on non-federal lands. This funding, announced in December 2023 […]
Continue ReadingDaily Standup Top Stories Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion March 31, 2025 Clark Savage The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a total of $1.5 billion (1.4 billion euros), the fund’s manager, Norges […] […]
Continue ReadingENB Pub Note: As of recent data, the United States consumes approximately 20 million barrels of oil per day. This figure is based on averages from 2023 and 2024, with the U.S. Energy Information Administration (EIA) reporting total petroleum consumption at around 20.25 million barrels per day in 2023, including biofuels. Daily consumption can fluctuate […]
Continue ReadingDaily Standup Top Stories Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of Papers March 30, 2025 George McMillian ENB Pub Note: George McMillan, an ENB news contributor on energy and geopolitical topics, wrote this article. You can find my interviews with George on his landing […]
Continue ReadingWeekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies that countries force […] […]
Continue ReadingChina, the biggest buyer of oil from Venezuela, saw trade with Venezuela stall on Tuesday after U.S. President Donald Trump threatened on Monday 25% tariffs on the goods of any country buying Venezuelan oil. Traders and refiners in China were caught off guard by Monday’s executive order and are waiting to see whether Beijing will have some […]
Continue ReadingU.S. President Donald Trump has announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trades with the United States, Reuters reported on Monday, with Trump claiming that Venezuela has sent \”tens of thousands\” of people to the U.S. who have a \”very violent nature. Earlier this month, Chevron Corp. (NYSE:CVX) […]
Continue ReadingWeekly Daily Standup Top Stories EPA Unleashes 31 Actions To Overturn Biden- and Obama-Era Regulations, Boost American Power March 14, 2025 Stu Turley The EPA is reconsidering various regulations on power plants, oil and gas facilities, and coal plants to jumpstart growth and unleash American energy. The Environmental Protection Agency (EPA) announced Wednesday that it is […]
Continue ReadingDaily Standup Top Stories Chevron Out, Black Market In? The Fallout of U.S. Sanctions on Venezuela March 19, 2025 Clark Savage Revoking Chevron’s license in Venezuela could drive oil sales back underground, reducing transparency and benefiting corrupt intermediaries. Sanctions on Venezuela have had mixed effects. Removing licenses may disrupt Venezuela’s foreign exchange market and private sector. […] […]
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