In the high-stakes world of global energy and geopolitics, few moves carry as much weight as controlling the flow of oil. With Venezuela boasting the largest proven oil reserves on Earth—over 300 billion barrels—the South […]
In a dramatic turn of events on January 3, 2026, U.S. forces captured Venezuelan President Nicolás Maduro, sparking immediate reactions across global markets. President Donald Trump has vowed to involve American firms in reviving Venezuela’s […]
In the dynamic world of energy markets, refining margins—the profit earned by converting crude oil into usable products like gasoline, diesel, and jet fuel—have surged to multi-year highs in November 2025. This climb is driven […]
Phillips 66’s decision to shutter its Los Angeles-area refinery by the end of 2025, with layoffs beginning in December, marks another blow to California’s already strained refining sector. The closure, affecting 600 employees and 300 […]
Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]
Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of […]
Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the […]
ENB Pub Note: This article from the EIA highlights significant challenges that the United States’ oil and gas companies face. However, what the world is facing is a lack of investment in oil and gas, […]
Harvest Alaska said on Thursday it has signed a deal with Marathon Petroleum (MPC) and Chugach Electric Association to bolster Southcentral Alaska’s energy supplies through Harvest’s acquisition and re-development of the existing Kenai LNG terminal, […]
Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have outperformed the top tech stocks this […]
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