Trinidad Awards Deepwater Blocks to ExxonMobil and Could See $21.7 Billion Investment

In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant\’s return to the twin-island nation after a two-decade hiatus. The deal, equivalent to seven deepwater blocks, could attract up to $21.7 billion in investments if commercially viable reserves are discovered, according […]

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Oil Prices Dip as Market Awaits EIA Report

Oil prices experienced a modest decline on Tuesday, reflecting trader caution ahead of the U.S. Energy Information Administration\’s (EIA) latest Short-Term Energy Outlook report. Brent crude futures fell 20 cents, or 0.3%, to $66.43 a barrel, while U.S. West Texas Intermediate crude dipped similarly amid a backdrop of mixed signals from global demand forecasts and […]

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Governor Newsom has no solutions how to run California’s economy without crude oil

California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels currently derived from fossil fuels. He seems unaware that so-called renewables like wind and solar CANNOT make any products or fuels for society, as they can ONLY generate electricity under favorable weather conditions. Supply chain of PRODUCTS […]

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Diamondback Energy Announces Q2 Earnings and Letter to Stockholders

Diamondback Energy, Inc. (NASDAQ: FANG), a leading independent oil and natural gas company focused on the Permian Basin, released its second-quarter 2025 financial and operating results on August 4, 2025. Alongside the earnings report, the company issued a detailed letter to stockholders, providing insights into its operational strategy, macroeconomic outlook, and future plans. This announcement […]

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Norway Plans Biggest Frontier Oil and Gas Licensing Round in Years

Norway, Europe\’s leading natural gas supplier, is gearing up for its most significant oil and gas licensing round in years, signaling a renewed push to bolster exploration and production amid ongoing global energy demands. The Norwegian government has announced preparations for the 26th licensing round, focusing on frontier areas unexplored since 2021, with invitations for […]

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Get Ready to Be Taxed on Your Sun Use!

Daily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has evolved into what critics are calling a “tax on the sun.” This comes amid the country’s aggressive shutdown of reliable […]

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Liberty Energy Q2 Earnings and Investor Report

Liberty Energy Inc. (NYSE: LBRT), a leading provider of hydraulic fracturing and related services in the oil and gas industry, released its second quarter 2025 earnings on July 24, 2025. The report showcased sequential improvements in key financial metrics amid a challenging energy market landscape, though year-over-year figures reflected broader industry pressures. This article analyzes […]

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