What a wild day on the News Desk. President Trump ordered the U.S. Navy to escort ships through the Strait of Hormuz, and Iran started lobbing drones and missiles around. Bagdad Bob showed up in Iran and claimed that they hit a US ship, but they did not. It will be interesting to see what […]
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In the high-stakes world of global oil, timing and persistence can make all the difference. While ExxonMobil and ConocoPhillips spent nearly two decades on the sidelines after Venezuela’s 2007 nationalizations, Chevron quietly maintained its foothold through joint ventures and U.S. licenses. Now, with major political shifts in Caracas and a clear push from the Trump […]
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On the Energy News Beat Stand Up, we are covering 9 big stories, and they all have a huge impact on the markets, consumers, and investors. Goldman Sachs validated what we had been writing about, and we also brought up the other downstream products that look to be approaching a critical supply chain breaking point. […]
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America stands on the cusp of a geothermal energy revolution that could deliver up to 150 gigawatts (GW) of clean, constant, 24/7 baseload power—enough to power tens of millions of homes and slash reliance on intermittent renewables or fossil fuels. The breakthrough? Enhanced Geothermal Systems (EGS), which use advanced drilling techniques borrowed from the oil […]
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Founded in 2017 by CEO Tim Latimer and CTO Dr. Jack Norbeck, Fervo Energy has quickly become the commercial frontrunner in next-generation geothermal development. The company has raised more than $1.5 billion in equity, debt, and grants from high-profile backers including Google, Breakthrough Energy Ventures (Bill Gates’ fund), B Capital, Devon Energy, and others. Its […]
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Chevron Corp. has issued a stark warning to California: the state is barreling toward a full-blown fuel crisis unless the ongoing war with Iran eases and state officials slash taxes and regulations that have strangled its refining industry. The world’s second-largest oil company is signaling it may walk away from refining in the Golden State […]
Continue ReadingIn a stunning development that could reshape global energy markets and geopolitics, an internal Russian memo has surfaced proposing a return to the US dollar for settlements as part of a broader economic partnership with the Trump administration. This move, if realized, might signal the beginning of the end for the ongoing war in Ukraine, […]
Continue ReadingIn a year marked by fluctuating oil prices and geopolitical uncertainties, Chevron Corporation (NYSE: CVX) has delivered a strong finish to 2025, surpassing Wall Street\’s profit expectations for the fourth quarter. The energy giant\’s performance, bolstered by record production levels and strategic positioning in key markets like Venezuela, underscores its resilience amid industry challenges. As […]
Continue ReadingIn a bold pre-dawn operation on January 9, 2026, U.S. forces from Joint Task Force Southern Spear boarded and seized the motor tanker Olina in the Caribbean Sea, marking the fifth such interception in recent weeks. The action, supported by Marines and Sailors launching from the USS Gerald R. Ford, underscores the escalating U.S. efforts […]
Continue ReadingWhat a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on the Sunday release of the Energy News Beat Stand Up. Stu points out that President Trump needs to pay attention, […]
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