As we navigate through July 2025, the global energy landscape continues to evolve amid economic uncertainties, policy shifts, and fluctuating demand. From traditional fossil fuels to emerging renewables, various sectors are experiencing notable movements—some upward, others facing headwinds. This article examines key markets, starting with the concerning decline in U.S. clean energy developers, and extends […]
Continue ReadingIn a significant policy reversal, the Trump administration\’s Department of the Interior (DOI) announced new measures to eliminate what it calls \”regulatory favoritism\” toward wind and solar energy projects. This initiative includes an enhanced oversight process for approvals and the termination of fee discounts, signaling a broader effort to level the playing field for traditional […]
Continue ReadingThe U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count in the United States increased by 7 to 544 as of July 18, 2025. This uptick was driven primarily by […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley, along with industry experts Doomberg,Mike Umbro, and David Blackmon It discusses the ongoing energy and political crisis in California, with a particular focus on the state\’s energy policies, oil production, and refinery shutdowns. We highlight the mismanagement of California\’s resources, the decline in domestic oil production, […]
Continue ReadingIn a landmark victory for Chevron Corporation (NYSE: CVX), the oil giant has officially completed its $53 billion acquisition of Hess Corporation (NYSE: HES) today, following Hess\’s successful arbitration win against ExxonMobil Corporation (NYSE: XOM). This resolution ends a protracted 20-month legal skirmish that had cast uncertainty over one of the most significant deals in […]
Continue ReadingThe U.S. oil industry has been a powerhouse of global energy production for over a decade, largely fueled by the shale revolution and the explosive growth in the Permian Basin. However, a recent analysis from Goldman Sachs has cast a shadow over this narrative. In an interview with Bloomberg TV, Daan Struyven, head of oil […]
Continue ReadingIn a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions at the company\’s […]
Continue ReadingPresident Donald Trump has signaled a bold agenda to expand oil and gas leasing on federal lands, a move that could reshape America’s energy landscape. This policy shift, aimed at bolstering domestic energy production, has sparked intense debate about its economic, environmental, and geopolitical ramifications. Drawing on recent discussions, including insights from Energy Security and […]
Continue ReadingThe U.S. oil and gas industry is witnessing a persistent decline in active drilling rigs, reflecting ongoing market uncertainties and volatile oil prices. According to the latest data from Baker Hughes, the total number of active oil and gas drilling rigs in the United States fell by two rigs for the week ending July 11, […]
Continue ReadingCNBC’s 2025 Top States for Business rankings have once again placed Alaska dead last, citing its oil-dependent economy and vulnerability to volatile crude prices as the primary culprits. The article from OilPrice.com, “Alaska Sinks to Bottom of Business Rankings on Oil Price Woes,” echoes this sentiment, highlighting how oil accounts for up to 73% of […]
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