Trinidad Awards Deepwater Blocks to ExxonMobil and Could See $21.7 Billion Investment

In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant\’s return to the twin-island nation after a two-decade hiatus. The deal, equivalent to seven deepwater blocks, could attract up to $21.7 billion in investments if commercially viable reserves are discovered, according […]

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Diamondback Energy Announces Q2 Earnings and Letter to Stockholders

Diamondback Energy, Inc. (NASDAQ: FANG), a leading independent oil and natural gas company focused on the Permian Basin, released its second-quarter 2025 financial and operating results on August 4, 2025. Alongside the earnings report, the company issued a detailed letter to stockholders, providing insights into its operational strategy, macroeconomic outlook, and future plans. This announcement […]

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Norway Plans Biggest Frontier Oil and Gas Licensing Round in Years

Norway, Europe\’s leading natural gas supplier, is gearing up for its most significant oil and gas licensing round in years, signaling a renewed push to bolster exploration and production amid ongoing global energy demands. The Norwegian government has announced preparations for the 26th licensing round, focusing on frontier areas unexplored since 2021, with invitations for […]

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Get Ready to Be Taxed on Your Sun Use!

Daily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has evolved into what critics are calling a “tax on the sun.” This comes amid the country’s aggressive shutdown of reliable […]

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