A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only the financial windfalls possible in the industry but also the unique tax advantages that continue to make oil and gas […]
Continue ReadingThe United Kingdom stands at a crossroads. For years, the nation has championed its Net Zero by 2050 target, a legally binding commitment to slash greenhouse gas emissions and transition to a clean energy future. But soaring energy bills, growing reliance on imported fossil fuels, and a series of legal battles waged by environmental groups […]
Continue ReadingThis was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingThe U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus on high-yield basins, underscores the resilience of U.S. energy output despite reduced drilling activity. Below, we dive into the latest […]
Continue ReadingLNGPrime has an update at the bottom for this month\’s India LNG import statistics. I have added the Energy Mix for India, and who they are buying their oil and LNG. Is Oil & Gas Right for Your Portfolio? India’s Energy Mix India’s energy mix is diverse, with a heavy reliance on fossil fuels, particularly […]
Continue ReadingThe global oil market is once again navigating turbulent waters, with prices fluctuating due to geopolitical tensions, economic uncertainties, and shifting production strategies. In a recent statement, Russia has signaled its willingness to collaborate with OPEC+ and the United States to stabilize oil prices, drawing on a precedent from 2020 when coordinated efforts helped avert […]
Continue ReadingDaily Standup Top Stories The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon June 18, 2025 Clark Savage ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David […] […]
Continue ReadingThe U.S. energy market is reeling from a massive 11.5 million-barrel draw in crude oil inventories, one of the largest weekly declines in recent memory. Despite this significant tightening of supply, oil prices have remained surprisingly stable, with West Texas Intermediate (WTI) July contracts hovering around $71.88 after a brief spike earlier this week. The […]
Continue ReadingThe Strait of Hormuz, a narrow waterway between Iran and Oman, is the world’s most critical oil chokepoint, handling roughly 20 million barrels per day (b/d) of crude oil, condensate, and refined products—about 20% of global oil supply and 25% of liquefied natural gas (LNG). With tensions in the Middle East simmering, particularly between Israel […]
Continue ReadingDaily Standup Top Stories How the Israel-Iran Crisis Is Swiftly Becoming Taiwan’s National Security Crisis June 17, 2025 Clark Savage The escalating conflict between Israel and Iran, marked by Israeli airstrikes on Iranian military and nuclear infrastructure, has sent shockwaves through global energy markets, with far-reaching implications for Taiwan’s national security. The Strait of Hormuz, […] Tankers […]
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