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HomeAuthorsClark Savage

Articles by Clark Savage

Sinopec
International News

TotalEnergies to supply 2 million tpy of LNG to Sinopec for 15 years

November 4, 2024 Clark Savage

As part of its strategy to grow its LNG business, TotalEnergies has announced the signing of a sales agreement (HoA) with Sinopec for the delivery of 2 million tpy of LNG for 15 years, starting […]

Crude Oil News

Storm Rafael May Menace Oil, Gas Production in Gulf of Mexico: Weather Watch

November 4, 2024 Clark Savage

A patch of thunderstorms south of Jamaica is forecast to grow into Tropical Storm Rafael on Monday before strengthening into a hurricane late Tuesday as it moves northwest through the Caribbean toward the Gulf of […]

Big Oil Companies

Big Oil Chiefs See Middle East Conflict and China as Top Concerns

November 4, 2024 Clark Savage

Comments highlight forecasters’ debate over oil demand growth US is seen focused on growth regardless of election outcome Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big […]

Crude Oil News

OPEC+ agrees to delay December output hike for one month, sources say

November 3, 2024 Clark Savage

LONDON/DUBAI/MOSCOW, Nov 3 (Reuters) – OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China […]

Bankruptcy

Billions Pouring into UK Renewables

November 3, 2024 Clark Savage

ENB Pub Note: This is an excellent article from Felicity Bradstock on OilPrice.com that really points out that greener policies will lead toward de-industrialization. Following Germany, New York, New Jersey, and California will only ruin […]

Crude Oil News

Exxon, Chevron report rising Permian production despite analyst estimates

November 3, 2024 Clark Savage

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted earnings exceeded expectations by a nickel on Friday, while Chevron […]

ENB Pub Note

10 Can’t-Miss Election Predictions

November 2, 2024 Clark Savage

ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record a podcast post on this topic next week. I highly recommend subscribing […]

Electric Vehicles

Ford to Halt F-150 Lightning Production as EV Demand Wanes

October 31, 2024 Clark Savage

Michigan factory to be idled for seven weeks from mid-November CEO Farley has warned of ‘slow uptake’ for plug-in vehicles Ford Motor Co. plans to shut down the Michigan factory that produces its F-150 Lightning plug-in […]

Big Oil Companies

Exxon Agrees to Sell Argentina Shale Oil Assets to Pluspetrol

October 31, 2024 Clark Savage

Deal still needs the approval of Neuquen Province, person says Exxon is exiting Vaca Muerta shale patch to focus elsewhere Exxon Mobil Corp. has agreed to sell most of its assets in Argentina’s Vaca Muerta shale […]

Crude Oil News

Biden’s EV Mandate Backfires

October 28, 2024 Clark Savage

Daily Standup Top Stories Fyodor Lukyanov: Here’s why this week’s BRICS summit will eventually be seen as a milestone October 26, 2024 Stu Turley The group’s success means that the West is no longer totally in […]

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