U.S. Shale Turns From Drilling Faster to Recovering More Oil
It has been an eventful year for U.S. shale oil and gas. Low prices—at least in oil—a double down on capital discipline, and drilling efficiency gains that pushed the U.S. total to a record high again were the hallmarks of 2025. The next frontier? …
Fermi Tanks 50% Amid Shock Exit of First Texas Data Center Customer
Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million Advance in Aid of Construction agreement (i.e., lease). The stock has plunged as much as 50% in premarket trading in what is …
Seizing Venezuelan Oil May Cost Washington More Than Caracas
On Wednesday, the United States carried out one of its most consequential maritime interventions to date. The Federal Bureau of Investigation, Homeland Security Investigations, and the United States Coast Guard, acting with support from the Department…
America’s LNG Boom Is About to Spike Your Power Bill
The US is the world’s largest exporter of LNG. And efforts are apace to further increase that export capacity. As the US exports LNG at an increasing rate, this implies good news and bad news. The good news is that gas producers and owners of gas liq…
A Conflict is Brewing Between Big Tech and American Farmers
For farmers in the United States, concerns about too much clean energy production are quickly transforming into concerns about too little energy to go around. For years, rural America has been pushing back against the spread of utility-scale solar and…
Why Oil Prices are Set to Fall Below $60 Next Year
Oil prices are set to average below $60 per barrel next year, investment banks have said in their latest forecasts in recent weeks. In 2026, both Brent Crude and WTI Crude are expected to slip from current levels of $63 per barrel and $60 a barrel, re…
Surge in Natural Gas Prices Sets The Stage for Coal Comeback
As U.S. natural gas prices jumped to a three-year high, coal has become a cheaper power-generating fuel for utilities, which are set to run coal-fired generators harder this winter.U.S. benchmark natural gas prices at Henry Hub have jumped from $4.23 …
Kazakhstan’s Oil Output Drops 6% After Damage Cuts CPC Export Capacity
Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows, tightening supplies from one of OPEC+’s largest non-core contributors and forcing operators to curtail production, Reut…
White House Proposes Relaxed Vehicle Efficiency Rules in Bid to Lower Car Prices
Earlier in the year, President Trump signed legislation that effectively ended fuel economy penalties for automakers. The penalties applied to automakers for failing to meet Corporate Average Fuel Economy (CAFE) standards dating back to the 2022 model…
U.S. Oil Inventories Climb, But Still Below 5 Year Average
Crude oil inventories in the United States increased by 600,000 barrels during the week ending November 28, after adding 2.8 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wed…
LNG Sticker Shock Sends Europe Scrambling Back to Domestic Gas
Energy Costs Prompt Europe To Reconsider Oil, Gas OppositionEurope’s Green Dreams Buckle Under the Weight of Its Power Bills Soaring Energy Costs Push Europe Back Into Oil and Gas’s Arms Europe’s Transition Stalls as Voters Rebel Against Sky-High E…
Texas Producer Battles California to Restart Offshore Oil Platforms
A Texas oil firm is fighting an uphill battle with the state of California to restart crude oil production and sales from three platforms in federal waters offshore Santa Barbara.Houston-based Sable Offshore Corp, led by industry veteran James Flores,…
Cutting-Edge Space Tech Uncovers Major Lithium Target in Quebec
Australian space company Fleet Space has used a satellite-enabled exploration platform to uncover a large lithium deposit in Quebec, demonstrating how these space vehicles can be used to expedite and streamline the mineral exploration process. Accordi…
Gulf Coast Pipeline Boom Marks Largest Natural Gas Expansion Since 2008
A massive pipeline buildout is sweeping across Texas, Louisiana, and Oklahoma, marking the largest expansion of Gulf Coast natural-gas capacity since the 2008 shale boom, according to Bloomberg.As many as a dozen projects are slated for completion nex…
Permian Gas Wave Sparks Biggest Pipeline Buildout Since the Shale Boom
Growing domestic and export demand for Permian’s natural gas is pushing pipeline developers to invest in new pipeline capacity in the U.S. Gulf Coast.Chemical and manufacturing industries and data centers looking for reliable energy supply drive incr…
EC Conditionally Approves ADNOC’s $17-Billion Acquisition of Covestro
The European Commission has approved with conditions the $17-billion acquisition by Abu Dhabi National Oil Company (ADNOC) of Germany’s chemicals giant Covestro, the EU’s executive arm said on Friday, following an investigation into foreign subsidie…