In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley dives deep with Trisha Curtis, CEO of PetroNerds, in a no-holds-barred conversation on the myths of peak Permian, U.S. shale resilience, OPEC’s bluff, China’s global energy influence, rising electricity costs, the EU’s energy collapse, and the urgent need for pragmatic U.S. energy policy. From […]
Continue ReadingIn 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 in Texas and New Mexico. As of September 2025, both companies have taken concrete steps to trim their Bakken operations, […]
Continue ReadingDaily Standup Top Stories Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets? September 23, 2025 Clark Savage In a stark admission during a September 2025 press conference, China’s Finance Minister revealed that “every penny we spend is borrowed,” highlighting the precarious state of the nation’s finances. This confession has […]
Continue ReadingIn a surprising turn of events amid ongoing geopolitical tensions, ExxonMobil has taken a bold step toward reclaiming billions in losses from its forced exit from Russia\’s Sakhalin-1 oil project. According to recent reports, the U.S. energy giant signed a non-binding agreement with Russia\’s state-owned Rosneft in late August or early September 2025, paving the […]
Continue ReadingUnder the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in 2022, has shattered investor confidence and led to slashed capital expenditures. Operators have cut UK investments, with production projected to […]
Continue ReadingWeekly Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally […]
Continue ReadingThe U.S. oil and gas drilling sector showed continued signs of modest recovery this week, with the total active rig count climbing to its highest level since July. According to the latest data from Baker Hughes, released on September 19, 2025, the total number of active drilling rigs in the United States rose by 3 […]
Continue ReadingDaily Standup Top Stories Fed cuts rates by 0.25% after flagging risks from softening labor market September 17, 2025 Clark Savage The Dow Jones Industrial Average eked out a modest 0.1% increase, while the Nasdaq Composite rose 0.5%, reflecting optimism about lower rates fueling innovation and spending. The U.S. dollar, which had been battered in recent […] […]
Continue ReadingIn this episode of Energy News Beat – Conversations in Energy, I sat down with Graham Patterson and Nathan Myers, founders of Shalehaven Partners. It is refreshing to find oil and gas investments that offer investors attractive benefits by design. One interesting note is the makeup of their investor base. Generally, oil and gas industry […]
Continue ReadingIn a stark admission that underscores the fragility of global energy supply, the International Energy Agency (IEA) has revealed that decline rates in mature oil and gas fields are accelerating, putting unprecedented pressure on the industry to ramp up investments just to keep production steady. This report comes amid growing scrutiny of the IEA\’s forecasting […]
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