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HomeAuthorsClark Savage

Articles by Clark Savage

Big Oil Companies

BP CEO: Global Oil Demand Keeps Exceeding Expectations

November 25, 2024 Clark Savage

Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]

Climate Crisis

How Saudi Arabia Turned Back Climate Progress at COP29

November 25, 2024 Clark Savage

Saudi Arabia and its allies had two words they didn’t want to see repeated in a COP29 deal: “fossil fuels.” The faction got their way after two weeks of bitter negotiations in Azerbaijan, reversing gains made […]

Finance

ONEOK Buys Out EnLink in $4.3 Billion Deal

November 25, 2024 Clark Savage

ONEOK has struck a deal with EnLink Midstream to buy its remaining assets in the Permian for $4.3 billion in stock, boosting its presence in the star of the shale patch further amid growing expectations of a […]

Coal

Half of U.S. at risk for blackouts during extreme cold this winter, grid watchdog warns

November 24, 2024 Clark Savage

A new report by the North American Electric Reliability Corporation (NERC), which assesses the United States and Canada’s grid reliability, finds that much of the central and eastern U.S. could experience blackouts should a significant and […]

Energy Crisis

Europe Is Already Facing Its Next Energy Crisis

November 23, 2024 Clark Savage

With winter still approaching, storage is being emptied faster than usual and gas prices have surged, raising echoes of the 2022 shock. Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings […]

Climate Crisis

COP29 Deal in View With an Outline for Climate Finance Blueprint

November 23, 2024 Clark Savage

COP29 appeared set for a last-ditch deal as key negotiators agreed to a broad blueprint on climate finance, pulling the United Nations talks in Azerbaijan back from the brink of collapse. After a chaotic day, […]

Crude Oil News

Texas Pacific Land Replaces Marathon Oil in S&P 500 After ConocoPhillips Deal

November 23, 2024 Clark Savage

Texas Pacific Land, a large owner of acreage in the Permian basin, will replace Marathon Oil in the S&P 500 index on November 26, as Marathon Oil is being acquired by ConocoPhillips in a deal […]

Climate Crisis

Biden Sends $4 Billion to the World Bank After $41 Billion Vanishes – Americans Robbed Blind!

November 20, 2024 Clark Savage

Joe Biden is not “mismanaging” funds or making “poor decisions.” Let’s drop the pretense. What’s unfolding here is far more sinister: an outright global scheme orchestrated by elites to siphon wealth from the American people […]

Electric Vehicles

Ford Plans 4,000 Job Cuts in Europe as EVs Lose Momentum

November 20, 2024 Clark Savage

Reductions amount to about 14% of carmaker’s local workforce Vice chairman says Europe, Germany lack clear EV policy agenda Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region […]

Lithium
Big Oil Companies

Exxon Signs Deal to Supply Lithium to Battery Maker LG Chem

November 20, 2024 Clark Savage

Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain. The multiyear deal will […]

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