The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.

The Song Remains the Same

Oil and gas output is up but low prices and potential policy changes weigh on investment opportunities

The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades and setting up a confrontation with Gov. Gavin Newsom, a Democrat who has fought offshore drilling.

The Interior Department also said it would allow a contentious road to be built through the Izembek National Wildlife Refuge in southwestern Alaska.

It’s earnings season for the world’s major oil services companies — Halliburton and Baker Hughes. Because of global oversupply, U.S. crude oil has been priced below the break-even point for a lot of oil companies.

Storm Clouds Approaching

In our latest thought leadership piece, Johanna Kingsfield, Consulting & Advocacy Analyst at Pickering Energy Partners, examines the intensity of AI and data centers on energy, critical minerals, water, land, and local communities. The piece also discusses potential solutions Big Tech, local governments, states, and communities can consider.

Dan on CNBC Asia

Founded by Trump’s former energy secretary, Liberty Energy leads an AI-powered fracking shift, cutting costs and boosting efficiency nationwide.

Chopping Along

Dan Pickering on CNBC Asia discussing his view on the oil markets, ADNOC’s 15 year LNG purchase deal with Indian Oil, and the XRG-Santos deal?

Transaction Creates Clean Energy Platform Spanning Residential, Commercial, and Utility Markets

Patience remains the mantra

Can’t keep a bull market down!