On June 22, 2025, Texas Governor Greg Abbott signed Senate Bill 6 (SB 6) into law, marking a significant step toward enhancing the reliability of the state’s power grid, managed by the Electric Reliability Council […]
On June 21, 2025, the U.S. military, under President Donald Trump’s directive, struck three key Iranian nuclear facilities—Fordo, Isfahan, and Natanz—escalating an already volatile conflict between Israel and Iran. These strikes, aimed at crippling Iran’s […]
In a bold move signaling a strategic pivot toward the energy transition, Chevron Corporation (NYSE: CVX) has entered the U.S. lithium market with the acquisition of approximately 125,000 net acres across the lithium-rich Smackover Formation […]
A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only […]
The United Kingdom stands at a crossroads. For years, the nation has championed its Net Zero by 2050 target, a legally binding commitment to slash greenhouse gas emissions and transition to a clean energy future. […]
This was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran’s oil export capacity is diminished, we may see some short-term spikes […]
Data source: U.S. Energy Information Administration analysis based on Vortexa tanker tracking Note: 1Q25=first quarter of 2025. figure data The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and […]
Here’s who dumped and who bought over the years through Q1.
California’s electric grid, often celebrated for its renewable energy ambitions, is buckling under the weight of its own complexity and external pressures. Nowhere is this more evident than in the Kern River Valley, where a […]
The U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus […]
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