By Paul Sankey
Published on November 13, 2025 at 12:48 AM
Tomorrow: 4pm ET Rich Kruger, CEO Suncor, let’s talk some sense in to these people, I am fighting for the oils here. Rich is like an assassin. We have questions. “I am the assassin! With tongue forked from eloquence.” – Marillion, Assassing. Worth a YouTube. ~ For sure I was over-excited going into the first Chevron analyst meeting since 2023 and post-Hess – the longest gap between Chevron analyst meetings of my career. So I …
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By Paul Sankey
Published on November 2, 2025 at 8:17 PM
My Dear Correspondent, I was out all night last night. But to be clear, this nuit blanche, was not the “Do you fancy a swift half after work?” turning into an twelve hour bender, to return laughing uncontrollably as day breaks, having lost your tie and keys, loudly trying not to wake an incandescent wife. No sir, what would I know about that anyway? In fact, here in Michoacan, Mexico, we did a tour of …
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By Paul Sankey
Published on October 26, 2025 at 7:31 PM
How does value get created and transferred in major energy companies? This past week we had Q3 earnings reports from an interesting representation of key US energy theme companies: Valero in refining, Matador in US exploration and production (E&P), Baker Hughes in transition from oil field service to new technologies, and GE Vernova as a play on “picks and shovels”: for US power demand growth. ~ And the winner was? Not the cheapest (Matador), not …
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