The U.S. shale revolution didn’t just transform American energy—it created a blueprint the rest of the world now wants to copy. After two decades of explosive growth that made the United States the world’s top oil and gas producer, the playbook of horizontal drilling, multi-stage fracking, and relentless cost-cutting is crossing borders. Energy security, once […]
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In a significant move signaling renewed foreign investment in Venezuela’s oil sector, Chevron has executed a strategic asset swap with Petróleos de Venezuela S.A. (PDVSA) and its subsidiaries. Announced on April 13, 2026, and signed in Caracas in the presence of interim President Delcy Rodríguez, the deal allows Chevron to sharpen its focus on high-value […]
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The U.S. rotary rig count fell by three this week to 545 active rigs, according to the latest Baker Hughes North America Rig Count report released today. This marks a modest decline from 548 rigs the prior week (week ending April 2) and leaves the count 38 rigs (or roughly 6.5%) below year-ago levels. The […]
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Energy Security Starts at home, and Jason hits Energy Dominance through Service out of the park. You have heard me say, “Energy Security starts at home, and Energy Dominance comes through your exports”. Well, Jason is a great example of how Energy Dominance can’t happen without exporting our great oilfield services to countries that need […]
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As the world’s largest oil and gas companies slash spending on low-carbon “transition” projects for the first time in eight years, one thing is crystal clear: U.S. oil majors are proving that fiscal discipline and bold upstream development are not mutually exclusive—they are the winning formula. According to BloombergNEF data highlighted in today’s Watts Up […]
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This was a lot of fun with Ron as we covered his latest earnings reports from Liberty Energy, and the exciting direction for Liberty in the AI and Data Center space. In fact, as we were talking, I got the idea to have Ron on the podcast with Jon Brewton, CEO of Data2. We are […]
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In a sign of cautious optimism across the U.S. energy sector, drillers added oil and natural gas rigs for the second consecutive week — the first back-to-back gains since early February — according to the latest Baker Hughes weekly rig count released Friday. The total number of active rotary rigs climbed by two to 553 […]
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The Bureau of Land Management (BLM) opened bids yesterday for the first competitive oil and gas lease sale in the National Petroleum Reserve–Alaska (NPR-A) since 2019 — and the results are stunning. Industry submitted 430 bids on 187 tracts covering approximately 1.335 million acres out of the 5.5 million acres offered across more than 600 […]
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Energy News Beat Analysis – March 2026 Oil prices have spiked in early 2026 amid escalating Middle East tensions, with WTI futures recently trading in the $75–$90+ range and Brent pushing even higher on supply disruption fears. Geopolitical risks around the Strait of Hormuz have flipped the script from the soft-price environment many producers budgeted […]
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As of March 15, 2026, global oil markets are buzzing with Brent crude prices climbing to $103.82 per barrel, marking a significant milestone above the $100 threshold amid ongoing geopolitical tensions and supply disruptions in key regions like the Strait of Hormuz. Meanwhile, West Texas Intermediate (WTI) crude is hovering just below at $99.30, reflecting […]
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