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  • [ October 1, 2025 ] Big Oil Is Getting Leaner and Leaner, and AI Is Having an Impact AI
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HomeAuthorsClark Savage

Articles by Clark Savage

Exploration and Production

Crescent Energy nears deal for US shale peer Vital Energy, sources say

August 24, 2025 Clark Savage

NEW YORK, Aug 22 (Reuters) – Crescent Energy (CRGY.N) is in advanced talks to acquire smaller peer Vital Energy (VTLE.N), people familiar with the matter said on Friday, in a deal that would give the […]

Petronet
Crude Oil News

President Trump’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang

August 24, 2025 Clark Savage

In a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain […]

Texas ERCOT east of Abiline, Texas - Stu Turley for ENB News Channel
Electrical Generation / Utilities

ERCOT Project Cancellations Reached a Record in Q2 2025, and What is Next?

August 24, 2025 Clark Savage

In the second quarter of 2025, the Electric Reliability Council of Texas (ERCOT) witnessed an unprecedented surge in project cancellations, marking a pivotal moment for the state’s energy landscape. With approximately 16 gigawatts (GW) of […]

Ørsted
ENB Pub Note

US Orders Ørsted to Halt Rhode Island Wind Farm Construction

August 23, 2025 Clark Savage

In a significant blow to the offshore wind industry, the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued a stop-work order for Ørsted’s Revolution Wind project off the coast of […]

Jerome Powel in Jackson Hole economic symposium in Wyoming- David Paul Morris Bloomberg
Crude Oil News

What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors?

August 23, 2025 Clark Savage

Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was no exception. Titled “Monetary Policy […]

FPSO
Crude Oil News

Chinese Firm Concord Resources Developing Oil Fields in Venezuela

August 23, 2025 Clark Savage

In a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela’s oil […]

Crude Oil News

US Rig Count Falls as Drillers Play it Safe

August 22, 2025 Clark Savage

The U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data […]

J.H. Campbell Coal Plant created by Grok on X
Coal

Trump DOE Extends Lifeline for Michigan’s J.H. Campbell Coal Plant Amid Ongoing Energy Emergency

August 22, 2025 Clark Savage

In a decisive move to prioritize grid reliability, the Trump administration’s Department of Energy (DOE) has issued a second emergency order extending the operation of the J.H. Campbell coal-fired power plant in West Olive, Michigan, […]

Carbon Credit

Narrative in free fall

August 22, 2025 Clark Savage

ENB Pub Note: This is a fantastic article from Irina Slav’s Substack, and we recommend you subscribe and support her channel! She is spot on, and the United States has a plan and a path […]

AI

Powering the Future: How AI, Natural Gas, and Midstream Innovation Are Shaping America’s Energy Landscape

August 22, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Adam Hirschfeld, SVP of Workrise, to discuss the evolving landscape of the oil and gas industry. They dive into the […]

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