Energy Transition Faces Challenges as Oil Demand Remains Strong
The shift from fossil fuels to renewable energy sources, often called the energy transition, is proving to be more challenging than many had hoped.
Jay Young
New Drilling Technology: A Major Leap for the Oil Industry
Chevron recently made headlines by starting oil production from a field with extreme pressure levels — 20,000 pounds per square inch (psi), which is three times higher than what was previously possible. This breakthrough could open up access to up to 5 billion barrels of oil that were previously out of reach.
Why Elon Musk’s Support for the Oil and Gas Industry Matters
In a recent interview with Donald Trump on X, Elon Musk, CEO of Tesla and a well-known advocate for renewable energy, made an important point about the oil and gas industry.
Texas Break O&G Production Records
The Energy Information Administration (EIA) warns that this year’s hurricane season, with up to 25 named storms expected, could heavily disrupt the U.S. oil and gas industry.
Musk Says Don’t Vilify O&G
The Energy Information Administration (EIA) warns that this year’s hurricane season, with up to 25 named storms expected, could heavily disrupt the U.S. oil and gas industry.
Market Chaos This Week
The Energy Information Administration (EIA) warns that this year’s hurricane season, with up to 25 named storms expected, could heavily disrupt the U.S. oil and gas industry.
