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HomeAuthorsClark Savage

Articles by Clark Savage

Trump playing golf with tankers in the background, created by Grok on X
Crude Oil News

Trump Tariffs in Flux as Trump and Von der Leyen Set to Meet with Trade Deal Balance

July 27, 2025 Clark Savage

In a high-stakes diplomatic rendezvous set against the backdrop of Trump’s Scottish golf resort in Turnberry, US President Donald Trump and European Commission President Ursula von der Leyen are scheduled to convene today at 4:30 […]

Global Flaring Surges- A Stark Contrast with U.S. Progress Created by Grok on X
Crude Oil News

Global Flaring Surges: A Stark Contrast with U.S. Progress

July 26, 2025 Clark Savage

In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but […]

Zeldin, Trump, Prepare Assault on EPA Endangerment Finding
Carbon Tax

Zeldin, Trump, Prepare Assault on EPA Endangerment Finding

July 26, 2025 Clark Savage

This article is from David Blackmon’s Substack, and we highly recommend subscribing. This is an expected move by the EPA that can have a wide-ranging impact. This will be another nail in the coffin for […]

Crude Oil News

Department of Interior Secures Win for American Energy Dominance – Safely and Timely

July 26, 2025 Clark Savage

In a resounding victory for American energy independence, the Department of the Interior (DOI) has successfully facilitated the restart of oil production at the Santa Ynez Unit (SYU) off the coast of California. This achievement, […]

Earnings

Volkswagen Cuts 2025 Forecast After U.S. Tariffs Slash €1.3 Bn from Earnings

July 26, 2025 Clark Savage

Volkswagen, Europe’s largest automaker, has revised its financial outlook for 2025 downward following a significant €1.3 billion ($1.5 billion) hit to its first-half earnings attributed primarily to escalated U.S. import tariffs. The company reported a […]

Energy News Beat Rig count created by Grok on X
Crude Oil News

U.S. Rig Count Drops Again, and Is Shale on the Ropes?

July 25, 2025 Clark Savage

The U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at […]

Mozambique
Big Oil Companies

ENI’s Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds

July 25, 2025 Clark Savage

Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]

Ireland
AI

Amazon Scraps New Irish AI Facility Amid Power Grid Shortfall

July 25, 2025 Clark Savage

In a significant setback for Ireland’s ambitions as a European hub for tech and data centers, Amazon Web Services (AWS) has canceled plans for a €300 million server rack manufacturing plant in Dublin’s Ballycoolin industrial […]

Crude Oil News

Lease Sale in New Mexico Generates Over $58 Million in Revenue

July 24, 2025 Clark Savage

SANTA FE, N.M. – Today, the Department of the Interior announced the Bureau of Land Management New Mexico State Office leased 16 parcels totaling 7,501.76 acres for $58,260,939 in total receipts for its quarterly oil and […]

US Green Project Cancellations Hit $22 Billion in First Half
Electrical Generation / Utilities

US Green Project Cancellations Hit $22 Billion in First Half

July 24, 2025 Clark Savage

In a stark indicator of shifting priorities in the US energy sector, clean-energy project cancellations, closures, and scale-backs reached a staggering $22 billion in the first half of 2025. This figure, representing about 17% of […]

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