China, the world’s largest crude oil importer and a powerhouse in global energy consumption, has long prioritized energy security as a cornerstone of its economic and geopolitical strategy. With escalating tensions in the Middle East—a region critical to China’s oil and liquefied natural gas (LNG) imports—Beijing’s foresight in building substantial oil reserves and diversifying its […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe global energy market is reeling from an unexpected shock that has sent Brent crude prices soaring toward $80 and potentially beyond. Just weeks ago, analysts were forecasting an oversupplied oil market with Brent averaging around $60. The International Energy Agency (IEA) and commodity experts were confident in a stable, if not bearish, outlook. But […]
Continue ReadingDaily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels June 22, 2025 Clark Savage The global energy landscape is […]
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A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only the financial windfalls possible in the industry but also the unique tax advantages that continue to make oil and gas […]
Continue ReadingThe United Kingdom stands at a crossroads. For years, the nation has championed its Net Zero by 2050 target, a legally binding commitment to slash greenhouse gas emissions and transition to a clean energy future. But soaring energy bills, growing reliance on imported fossil fuels, and a series of legal battles waged by environmental groups […]
Continue ReadingThis was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingThe U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus on high-yield basins, underscores the resilience of U.S. energy output despite reduced drilling activity. Below, we dive into the latest […]
Continue ReadingLNGPrime has an update at the bottom for this month\’s India LNG import statistics. I have added the Energy Mix for India, and who they are buying their oil and LNG. Is Oil & Gas Right for Your Portfolio? India’s Energy Mix India’s energy mix is diverse, with a heavy reliance on fossil fuels, particularly […]
Continue ReadingDaily Standup Top Stories The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon June 18, 2025 Clark Savage ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David […] […]
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