Month: October 2025

How is China Holding Up Under the Trump Tariff Wars, and Can They Still Keep Buying Oil?

Clark Savage43

In the escalating trade tensions dubbed the \”Trump Tariff Wars,\” China finds itself at a pivotal crossroads. For decades, Beijing has navigated the global stage with a dual narrative: projecting itself as a rising superpower domestically while leveraging its \”developing country\” status abroad to secure subsidies, lower tariffs, and delayed international obligations. This strategy allowed […]

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Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil\’s Surplus Is Here—But What\’s the Real Story?

Clark Savage36

In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict could drive oil prices down toward $50 per barrel, accelerating an already emerging supply surplus. This comes amid reports of a \”billion-barrel flotilla\” signaling the long-awaited […]

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SLB Reports Q3 Earnings Higher Than Expected

Clark Savage24

SLB (NYSE: SLB), the global leader in oilfield services, reported third-quarter 2025 earnings that surpassed analyst expectations, driven by resilient international performance, growth in its Digital segment, and contributions from the recently acquired ChampionX business. The company announced revenue of $8.93 billion for the quarter ending September 30, 2025, marking a 4% sequential increase from […]

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US Oil Rig Count Stalling While Output Soars

Clark Savage33

In the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in the industry. This trend highlights how operators are squeezing more production from fewer rigs, a testament to improved drilling techniques […]

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China’s Critical Minerals Ban: A Win for the U.S.? – ENB Weekly Recap

Clark Savage27

Weekly Daily Standup Top Stories The Current State of Critical Minerals in the US Market October 12, 2025 Clark Savage In an era defined by the push toward clean energy, electrification, and advanced technologies, critical minerals have emerged as the backbone of modern manufacturing and national security. These essential resources—ranging from lithium for batteries to […] China […]

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What Is Really Going On in Venezuela? What Is the Real Endgame for the Trump Administration?

Clark Savage26

Introduction: A Nation in Turmoil Amid Escalating US Involvement As of October 2025, Venezuela remains gripped by political instability, economic collapse, and international tensions. President Nicolás Maduro clings to power following a disputed July 2024 presidential election, where opposition leader Edmundo González claimed victory based on tally sheets, but Maduro\’s regime declared him the winner […]

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How Modern Energy is Changing Lives

Clark Savage25

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Cyrus Brooks of RBAC and Anne Atkinson Hyre, Executive Director of the Bettering Human Lives Foundation, to tackle the global energy poverty crisis. Over 2 billion people still rely on firewood, charcoal, or dung for cooking, facing severe health risks, environmental […]

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India Most Likely Will Not Curb Russian Oil Imports as They Focus on Indian Consumers

Clark Savage33

In a recent development that underscores the complexities of global energy geopolitics, U.S. President Donald Trump claimed that Indian Prime Minister Narendra Modi had assured him India would halt purchases of Russian oil. This announcement came amid escalating U.S. pressure, including tariffs on Indian goods, aimed at isolating Russia economically over its ongoing conflict in […]

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