In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but […]
This article is from David Blackmon’s Substack, and we highly recommend subscribing. This is an expected move by the EPA that can have a wide-ranging impact. This will be another nail in the coffin for […]
In a resounding victory for American energy independence, the Department of the Interior (DOI) has successfully facilitated the restart of oil production at the Santa Ynez Unit (SYU) off the coast of California. This achievement, […]
Volkswagen, Europe’s largest automaker, has revised its financial outlook for 2025 downward following a significant €1.3 billion ($1.5 billion) hit to its first-half earnings attributed primarily to escalated U.S. import tariffs. The company reported a […]
The U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at […]
“On Mozambique, I’ll be clear, we are working, you know it’s a major project, and I would say we are working in order to ensure a very strong alignment between the government of Mozambique and […]
Reuters reported yesterday that Russia has imposed a sudden halt on foreign oil tanker loadings at its key Black Sea export hubs, citing a new port security decree that requires Federal Security Service (FSB) clearance […]
Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]
In a significant setback for Ireland’s ambitions as a European hub for tech and data centers, Amazon Web Services (AWS) has canceled plans for a €300 million server rack manufacturing plant in Dublin’s Ballycoolin industrial […]
In a stark indicator of shifting priorities in the US energy sector, clean-energy project cancellations, closures, and scale-backs reached a staggering $22 billion in the first half of 2025. This figure, representing about 17% of […]
Copyright © 2025 | Sandstone Group