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 first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingAn explosion has rocked the Trans-Niger Pipeline at Bodo, Gokana Local Government Area of Rivers State. The affected section of the major pipeline is currently on fire, though the exact cause of the explosion remains unknown at this time. Authorities have yet to determine whether the incident resulted from human interference, especially amid recent threats […]
Continue ReadingDaily Standup Top Stories Why China is Winning the Nuclear Energy Race February 17, 2025 Clark Savage China has significantly increased its nuclear energy capacity in the last decade, positioning it to become the world’s largest nuclear energy producer. China is actively developing and deploying advanced nuclear technologies, such as small modular […] EU gas imports from […]
Continue Reading(Reuters) Chevron\’s oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major\’s planned acquisition of oil producer Hess that has stalled due to a court battle with ExxonMobil. Reserve replacement is one of the key metrics for investors in energy companies, as it […]
Continue ReadingDaily Standup Top Stories Big Oil Earnings Slump Puts Payouts to Investors Under Pressure January 29, 2025 Clark Savage Fourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with […] Planet Earth’s […]
Continue ReadingFourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits plunging and the return of President Donald Trump adding to the uncertainty. The five global oil majors are set to […]
Continue ReadingIn an exclusive interview with Energy Capital & Power, Pedro Ribeiro, Managing Director and Country Chair – Libya for TotalEnergies, shared the company\’s strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in the Murzuq Basin. With TotalEnergies participating in approximately half of Libya’s national production, how do […]
Continue ReadingDaily Standup Top Stories Electric Vehicle Sales Are Stumbling. Here’s Why September 29, 2024 Stu Turley With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, […] Biden-Harris Admin Won’t Hold Offshore […]
Continue ReadingWeekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders and national oil companies. Saudi Aramco, ADNOC, Trafigura, and other major players are in the race to acquire Shell’s […] It’s […]
Continue ReadingDaily Standup Top Stories EV Slowdown Steers the World Further Off Course From Net Zero June 16, 2024 Stu Turley Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward [… API, […]
Continue Reading