In a candid interview with the Financial Times, U.S. Energy Secretary Chris Wright didn’t mince words about the global push for net-zero emissions by 2050. “Net zero 2050 is just a colossal train wreck… It’s […]
Daily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are […]
By ZeroHedge The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to […]
Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced […]
September 6, 2025In a dramatic escalation of immigration enforcement, U.S. Immigration and Customs Enforcement (ICE) conducted a large-scale raid on Hyundai’s electric vehicle (EV) battery manufacturing plant in Bryan County, Georgia, resulting in the detention […]
In a significant move amid ongoing challenges in the oil and gas sector, ConocoPhillips has announced plans to reduce its global workforce by 20 to 25%, affecting thousands of employees. This restructuring comes as the […]
In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]
So goes Germany’s economy, so goes the EU. Germany’s GDP contracted 0.2% in 2024, marking back-to-back recessions, with forecasts for zero growth in 2025 due to persistent structural issues and trade tensions. There is a […]
In a dramatic turn of events that has sent shockwaves through financial markets, President Donald Trump has fired Federal Reserve Governor Lisa Cook for cause, citing allegations of deceitful conduct related to mortgage loans. This […]
Weekly Daily Standup Top Stories Solar Shares Rise as Trump Hit to Credits Softer Than Feared August 17, 2025 Clark Savage In a surprising turn for the renewable energy sector, solar stocks have surged following the […]
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