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HomeAuthorsClark Savage

Articles by Clark Savage

Crude Oil News

Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta

November 11, 2024 Clark Savage

A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north Africa, restoring a clandestine practice that Madrid thought it had ended last summer. On Saturday, the […]

Energy Policy

Trump return will slow, not stop, US clean energy boom

November 6, 2024 Clark Savage

Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely […]

Geopolitical

EU’s Jorgensen Wants Cheaper Energy, End to Russian Fuel Imports

November 5, 2024 Clark Savage

Dan Jorgensen is designate for next EU Energy Commissioner Jorgensen unveils his priorities at hearing in EU Parliament Dan Jorgensen, designate as the European Union’s next energy chief, pledged measures to lower prices and end […]

Carbon Capture

Trudeau to Order Oil, Gas Producers to Cut Emissions by 35%

November 4, 2024 Clark Savage

Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement in 2030 Prime Minister Justin Trudeau’s government will require Canada’s oil and gas industry to cut emissions by 35% from 2019 […]

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 […]

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