In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that\’s uncomfortably close to breakeven for many operations. Yet, as recent developments show, this resilience isn\’t uniform across the board. It\’s all about location: basins with lower costs, higher […]
Continue ReadingEnergy Security starts at home, and Energy Dominance starts with exporting services and energy. We are seeing the world start to wake up to energy security. The levels of natural gas supply vs. imports is a real question for planners. The question is: why take down perfectly good coal plants when China and India will […]
Continue ReadingIn a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]
Continue ReadingIn a move that could reshape the global energy landscape, Russian oil giant Lukoil has agreed to sell its vast international assets to Swiss-based commodity trader Gunvor Group, led by Swedish billionaire Torbjörn Törnqvist. The deal, valued at up to $20 billion, comes in direct response to fresh U.S. sanctions imposed by the Trump administration […]
Continue ReadingIn a bold counter to the International Energy Agency\’s (IEA) dire predictions of a massive oil surplus, executives from Europe\’s leading oil majors—BP, Eni, and TotalEnergies—are sounding the alarm that the so-called \”2026 oil glut\” may be nothing more than an illusion. While the IEA forecasts an \”untenable\” oversupply potentially reaching 4 million barrels per […]
Continue ReadingIn a move that underscores the delicate balancing act facing global oil producers, OPEC+ has agreed to a modest production increase of 137,000 barrels per day (b/d) for December 2025, while simultaneously announcing a three-month pause on further hikes from January to March 2026. This decision, influenced heavily by recent U.S. sanctions on Russia, reflects […]
Continue ReadingWeekly Daily Standup Top Stories Secretary Chris Wright has a plan for Rare Earth and Critical Minerals – What is the timeline? October 25, 2025 Clark Savage In an outstanding interview with Larry Kudlow on Fox Business, Secretary Chris Wright covers some key points on the upcoming China meetings with President Trump and President Xi. • […]
Continue ReadingExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking an increase from $7.1 billion in the prior quarter. Excluding identified items, adjusted earnings reached $8.1 billion, or $1.88 per […]
Continue ReadingThe African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa\’s onshore oil and gas sector. According to the report, onshore hydrocarbon spending across the continent is projected to reach $22 billion in 2026, driven by optimization at mature […]
Continue ReadingIn the volatile world of energy markets, oil prices have found a moment of stability heading into the weekend, with traders closely monitoring a mix of geopolitical tensions and reassuring signals from the US regarding Venezuela. As of October 31, 2025, West Texas Intermediate (WTI) crude is hovering near $60 per barrel, marking a steadiness […]
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