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HomeAuthorsClark Savage

Articles by Clark Savage

Santos
Big Oil Companies

The Top 5 Oil Exploration Prospects of 2025

February 27, 2025 Clark Savage

Around 120 discoveries were made in 2024, but most were small, unlike major finds in previous years. High-impact drilling is expected in Suriname (Korikori), Cyprus (Elektra), Libya (Area C), and South Africa (DWOB). Oil majors […]

Critical Minerals

Electricity returns to most of Chile after a sweeping blackout, but questions remain

February 27, 2025 Clark Savage

SANTIAGO, Chile (AP) — Power was restored to most of Chile’s 19 million people Wednesday after the country’s most disruptive blackout in 15 years, the government said, as authorities lifted a strict curfew imposed when […]

Big Oil Companies

Chevron Open to Buying Phillips 66 Chemical Stake

February 26, 2025 Clark Savage

Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]

Crude Oil News

Trafigura: Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices

February 26, 2025 Clark Savage

Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last year, Trump pledged in his Republican National Convention speech to dramatically lower Iranian oil exports. On Tuesday, the […]

A receiving platform at the export terminal for the Coastal GasLink natural gas pipeline under construction in Kitimat - created by Grok on X
Energy Crisis

Natural Gas Prices Surged 160%—And They’re Not Coming Down Soon

February 24, 2025 Clark Savage

Natural gas prices have jumped in recent weeks in all major consuming markets, including in the United States, where prices have soared by more than 160% from this time last year. Colder winters in North […]

Sanctions
Crude Oil News

US Imposes Fresh Sanctions Targeting Iran Shadow Fleet

February 24, 2025 Clark Savage

The Trump administration imposed a new round of sanctions on oil brokers, ships and people it said were linked to illicit shipments of Iranian crude, framing the move as a return to a “maximum pressure” […]

Energy Crisis

Redrawing of global energy markets map set to heap benefits on US

February 23, 2025 Clark Savage

The prospects of peace and the return of Russian gas looks likely to serve the interests of Donald Trump The Kremlin’s invasion of Ukraine three years ago has reverberated through the global energy industry; unravelling Europe’s […]

Crude Oil News

ConocoPhillips to sell interest in Gulf of America assets to Shell for $735 million

February 23, 2025 Clark Savage

ENB Pub Note: I had to change the title to “Gulf of America” as World Oil published with “Gulf of Mexico” – just trying to help.  ConocoPhillips will sell its interests in the Gulf of […]

ENB Podcast

Innovating Energy: How W Energy is Transforming Data and Operations

February 23, 2025 Clark Savage

In this episode of Energy News Beat – Conversation in Energy, host Stuart Turley sits down with Rachel Collins, CEO of W Energy, discusses the company’s significant investments in integration, unveiling Stream Plus, a fully […]

Crude Oil News

Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty

February 23, 2025 Clark Savage

Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal […]

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