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Home2025December

Month: December 2025

JAPEX to Buy US Oil Assets
Crude Oil News

JAPEX Buys U.S.-Owned Verdad Resources Intermediate Holdings for $1.3 Billion

December 18, 2025 Clark Savage

In a strategic move underscoring the importance of global energy diversification, Japan Petroleum Exploration Co. Ltd. (JAPEX) has acquired Verdad Resources Intermediate Holdings LLC (VRIH) for approximately $1.3 billion. This deal highlights a key principle […]

Crude Oil News

Venezuela Isn’t Escalation — It’s Supply Management

December 17, 2025 Clark Savage

ENB Pub Note: This was originally published on the Hot Take of the Day Substack by David Ramsden-Wood, or as I call him, “DRW”. I have thoroughly enjoyed all of my podcasts with DRW, and […]

Sanctions Through Drone Strikes Source ENB
Crude Oil News

Ukraine Hits Slavyansky Oil Refinery and Rostov Depot in Escalation of Drone Attacks on Russian Energy

December 17, 2025 Clark Savage

In a bold escalation of its campaign against Russia’s war machine, Ukraine launched overnight drone strikes on key energy infrastructure deep inside Russian territory. The attacks targeted the Slavyansky Oil Refinery in the Krasnodar region […]

The Western Gateway - Energy Security Starts at Home - Source: ENB
Diesel

Phillips 66 Sees an Opportunity to Supply the West Coast with the Western Gateway Pipeline: A National Security Imperative

December 17, 2025 Clark Savage

In an era when energy independence is paramount to national security, California’s aggressive push to phase out fossil fuels under Governor Gavin Newsom has created a precarious situation. Refineries are shuttering, fuel shortages loom, and […]

Crude Oil News

Trump Announces Blockade on Sanctioned Dark Fleet Tankers

December 16, 2025 Clark Savage

In a bold escalation of U.S. policy toward Venezuela, President Donald Trump has ordered a “total and complete blockade” of all sanctioned oil tankers entering or leaving the country. The announcement, made via Truth Social, […]

Big Oil Companies

Will Oil Be the Next in the Commodity Bull Run?

December 16, 2025 Clark Savage

ENB Pub Note: This is a fantastic article from the Merchant’s News Substack by Giacomo Prandelli. We highly recommend subscribing to and reading his Substack. Stu Turley just had an interview with Giacomo, and the […]

Ford Takes 19.5 billion write down on Ford 150 EV
Electric Vehicles

Ford to Record $19.5 Billion in Special Charges Related to EV Pullback: Implications for Investors, Consumers, and the Road Ahead

December 15, 2025 Clark Savage

In a bold pivot amid shifting market dynamics, Ford Motor Company announced on December 15, 2025, that it anticipates recording approximately $19.5 billion in special charges, primarily in the fourth quarter, tied to a significant […]

New York Releases Regulation Requiring Mandatory GHG Reporting for Large Emitters from 2027
CCUS

New York Releases Regulation Requiring Mandatory GHG Reporting for Large Emitters from 2027

December 15, 2025 Clark Savage

In a move that underscores New York’s aggressive push toward climate accountability, the state’s Department of Environmental Conservation (DEC) has finalized regulations mandating greenhouse gas (GHG) reporting for large emitters starting in 2027. This program, […]

Climate Crisis

The EU’s Worst Piece of Legislation According to an Exxon Top Executive May Force Exxon Out of the EU

December 15, 2025 Clark Savage

In a stark warning that underscores the growing tension between global energy giants and European regulators, ExxonMobil’s CEO Darren Woods has labeled the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) as “the worst piece of […]

Diesel

Governor of Oregon Panics After Gov. Newsom Forces Refinery Closures, Impacting Washington State

December 15, 2025 Clark Savage

In a dramatic escalation of California’s aggressive push toward green energy, Governor Gavin Newsom’s policies on oil and gas have rippled beyond state borders, igniting concerns in Oregon and Washington. What began as a targeted […]

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