Weekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
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In a blockbuster move shaking up the oil and gas sector, Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), has announced its acquisition of Sitio Royalties Corp. (NYSE: STR) in an all-equity transaction valued at approximately $4.1 billion, including $1.1 billion in net debt. This strategic merger, centered in the […]
Continue ReadingDaily Standup Top Stories Russia-Ukraine Talks Stall: Will Congress Ramp Up Sanctions Pressure on Moscow? June 2, 2025 Clark Savage It has been clear for well over 6 months that President Trump does not have the information he needs to end the war in Ukraine, and we are watching peace slip through his fingers, which […] Trump […]
Continue ReadingDaily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in the […]
Continue ReadingWe are tracking trends and changes in grid development and the investment world, and I have several podcast guests lined up to discuss this significant shift in grid management, technology, and investments. One key issue we are asked about frequently is why you invest in privately held oil companies rather than publicly traded ones on […]
Continue ReadingDaily Standup Top Stories Spain – the aftermath by Doug Sheridan – Wind and Solar are infact more expensive May 28, 2025 Clark Savage ENB Pub Note: This is an outstanding post on LinkedIn from Doug Sheridan, and I have invited him to be on the Energy News Beat podcast several times, but he is having […]
Continue Reading– Chevron Corporation, one of the world’s leading integrated energy companies, has announced plans to lay off nearly 800 employees in Texas as part of a sweeping global restructuring effort. The cuts, primarily targeting the Permian Basin, underscore the challenges facing the oil and gas industry as companies grapple with low oil prices, regulatory pressures, […]
Continue ReadingSource: The Crude Truth Substack. Rey Trevino, Pecos Operating, The Crude Truth Podcast Earlier in the week, I released the podcast “Water Shortage in Texas? Texas Land and Water: Big Plans with Commissioner Dr. Dawn Buckingham”. It prompted me to do a deeper dive into the challenges facing our exploration and production teams in the Permian […]
Continue ReadingThe Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have released their latest strategy, accelerating oil output hikes in a move that’s raising eyebrows across the U.S. shale patch. With oil prices dipping and production costs rising, some analysts and industry voices suggest OPEC is targeting U.S. shale oil […]
Continue ReadingThe Permian Basin, the heart of U.S. oil production, is grappling with a mounting crisis as toxic wastewater from fracking threatens environmental catastrophe and production setbacks. The Texas Railroad Commission (RRC), the state’s oil and gas regulator, has issued urgent warnings about “widespread” underground pressure increases caused by wastewater disposal, risking poisonous leaks, higher crude […]
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