In a sharp and timely appearance on CNBC’s Squawk Street today (June 26, 2026), veteran commodity strategist Jeff Currie delivered a clear-eyed assessment of the oil market’s current dynamics. While acknowledging a near-term surplus, Currie stressed that today’s conditions offer almost no guidance on what lies ahead. Currie, Senior Advisor at the Carlyle Group and […]
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In a powerful symbol of America’s accelerating nuclear renaissance, U.S. Secretary of Energy Chris Wright visited the Aalo-X campus next to Idaho National Laboratory (INL) on June 25, 2026, and signed the final authorization allowing Aalo Atomics to turn on its Aalo-X Critical Test Reactor (CTR). This marks the final regulatory step before fuel loading […]
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In a clear signal of strong institutional appetite for U.S. Gulf Coast LNG infrastructure, alternative investment firm Stonepeak has raised approximately $2.5 billion in private bonds to refinance debt linked to its investment in the Louisiana LNG export terminal project. The bonds were issued by Stonepeak Wallaby I Acquiror LP, the dedicated holding company for […]
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Outright short positions in crude oil have hit record levels, according to fresh analysis from Goldman Sachs, raising the specter of a potential short squeeze if market conditions shift. In a notable development highlighted by ZeroHedge and detailed in industry commentary, managed money accounts have aggressively built bearish exposure in Brent crude futures. Goldman Sachs’ […]
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Chevron Corporation and Microsoft have signed a landmark 20-year power purchase agreement to supply electricity to a major data center campus in West Texas. The deal centers on a large natural gas-fired power plant being developed in partnership with investment firm Engine No. 1, marking one of the largest collaborations to date between a U.S. […]
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US LNG export infrastructure is rapidly scaling up, turning American shale gas into a cornerstone of global energy supply. This buildout underscores US energy dominance through exports, as highlighted in recent analyses by commodity trader and analyst Jack Prandelli on X). His posts detail the current state of US LNG terminals and the surge in […]
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In an era of geopolitical uncertainty, maturing conventional fields, and rising global energy demand, the oil and gas industry stands at the threshold of a profound renaissance in energy security. The key? Enhanced recovery techniques—often called tertiary or enhanced oil recovery (EOR)—that unlock vast volumes of oil already discovered but left behind in existing reservoirs. […]
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Guyana’s offshore Stabroek block continues to deliver exceptional results for two of the world’s largest energy companies. In 2025, ExxonMobil reported approximately $4.67 billion in profit from its Guyana operations, while Chevron (through its acquisition of Hess) reported $2.89 billion. The combined $7.56 billion underscores the block’s status as one of the most profitable and […]
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As global oil prices remain elevated amid geopolitical tensions — including recent spikes tied to Middle East conflicts and risks around the Strait of Hormuz — Guyana’s offshore oil sector is surging ahead. This tiny nation (population under 1 million) is delivering one of the world’s most remarkable energy success stories, proving that energy security […]
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The U.S. trade deficit narrowed in April 2026, with exports hitting a record high as surging crude oil and petroleum product shipments more than offset a sharp rise in imports of computers, semiconductors, and telecommunications equipment tied to the AI data center boom. According to data from the Bureau of Economic Analysis (BEA), the trade […]
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