Ex-Chevron Chief Seeking $2 Billion to Revive Venezuela\’s Oil Fields

In a bold move amid Venezuela\’s rapidly evolving political landscape, former Chevron executive Ali Moshiri is spearheading an initiative to raise $2 billion for investments in the country\’s beleaguered oil sector. This comes just days after U.S. forces captured ousted President Nicolás Maduro, sparking renewed interest in revitalizing what were once the world\’s largest proven […]

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Sable Gets the Go-Ahead to Restart Controversial California Pipeline: Is It Too Little Too Late?

In a move that\’s reigniting debates over energy security, environmental risks, and California\’s fraught relationship with fossil fuels, Sable Offshore Corp. has secured federal approval to restart its Las Flores Pipeline System off the Santa Barbara coast. The decision, handed down by the Pipeline and Hazardous Materials Safety Administration (PHMSA) in late December 2025, allows […]

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Breaking Barriers: Phoenix Energy’s 4-Mile Laterals and the Future of American Oil

In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley sits down with Adam Ferrari, CEO of Phoenix Energy, to talk about “American oil” in action—from drilling record-setting four-mile laterals in the Bakken and delivering strong well economics even at $60 oil, to Phoenix’s transparent, yield-focused model that lets everyday investors track real […]

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Five Energy Market Trends to Track in 2026: The Year of the So-Called Glut

As we step into 2026, the global energy landscape is poised for turbulence, with whispers of an oil \”glut\” dominating headlines. Yet, this narrative may be overstated, influenced by geopolitical pressures and market dynamics that could reshape supply realities. Drawing from recent analyses, including Reuters\’ outlook and insights from OPEC and specialized energy commentary, here […]

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Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an estimated 1.3 billion barrels of \”oil on water\”—the highest level since April 2020 and a staggering 30% increase from August. […]

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