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Crude Oil News

What Are The Implications of the Califorina Chevron Refinery Disaster?

October 6, 2025 Andy Del Prado

This is a National Security issue for the United States Gavin Newsom should be proud. Has absolutely devastated the oil and gas industry in California, and single-handedly wiped out the future development of oil and […]

AI

Wall Street Found Big Oil. Who Would Have Thought? – ENB Weekly Recap

October 4, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up […]

Crude Oil News

Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike

October 4, 2025 Clark Savage

The Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in supplying critical fuels to Southern California. As one of […]

Diesel

Fire Erupts at Chevron’s El Segundo Refinery in Los Angeles – Not good for California consumers

October 3, 2025 Clark Savage

Los Angeles, CA – October 3, 2025 – A massive explosion followed by a towering inferno rocked Chevron’s El Segundo refinery late Thursday night, sending flames and thick smoke billowing into the night sky visible […]

AI

What the U.S. Government Shutdown Means for the U.S. Energy Markets

October 2, 2025 Andy Del Prado

Wall Street rediscovers that oil and gas are a much better market than renewables. The world is short Trillions of dollars of investments just to meet decline curves, and the oil and gas companies in […]

AI

Big Oil Is Getting Leaner and Leaner, and AI Is Having an Impact

October 1, 2025 Clark Savage

In a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants […]

Big Oil Companies

Big Oil Has Benefited from the Financial Discipline Imposed by ESG and what this means to investors

September 29, 2025 Clark Savage

In recent years, the environmental, social, and governance (ESG) movement has reshaped the investment landscape for the oil and gas industry. While ESG criteria often cast fossil fuels in a negative light, making them nearly […]

TotalEnergies
Big Oil Companies

TotalEnergies Cuts CapEx by Over a Billion Dollars, Mostly in Renewables

September 29, 2025 Clark Savage

In a move signaling a strategic pivot amid rising debt and fluctuating energy markets, TotalEnergies has announced significant reductions in its capital expenditure (CapEx), with cuts exceeding $1 billion annually starting in 2026, and earlier […]

Crude Oil News

How the Newest Snapback Sanctions on Iran from the EU Will Impact the Global Oil Markets

September 28, 2025 Clark Savage

The global oil markets are entering a period of heightened uncertainty following the European Union’s decision to trigger “snapback” sanctions on Iran. On September 27, 2025, France, Britain, and Germany activated this mechanism under the […]

Crude Oil News

Exxon, Chevron Weigh Bakken Oil Strategy Amid Permian Priority

September 25, 2025 Clark Savage

In the ever-evolving landscape of U.S. oil production, major players ExxonMobil and Chevron are reassessing their positions in the Bakken shale play in North Dakota, even as they double down on the prolific Permian Basin […]

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