In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Robert Brelsford, Downstream Editor, recaps details of Valero’s recent decision to shutter its refinery in Benicia, Calif., and the increased discussion it’s spurred regarding what some are calling California’s anti-industry energy policies.

Read OGJ's coverage of Valero's warning to the government of California for more detailed information.

While the planned refinery closure won’t be a first for net zero-focused state, it has triggered more aggressive attacks on California leadership and legislation.

This is a first of future ReEnterprised episodes that will take a closer look at California’s refining sector and the laws and regulations that govern it.

In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu breaks down recent developments in the global energy markets.

The US and China reached a temporary trade agreement on May 11. The US will lower tariffs on Chinese goods to 30% from 140% and China will reduce tariffs on US imports to 10% from 125%. Certain tariffs, particularly those related to cars, steel, and aluminum, remain in place. Overall, the agreement led to a positive response in global markets. US stocks surged, and oil prices experienced a strong uptake.

With tariffs reduced, if sustainable, there is the expectation of an increase in industrial activity, likely to drive higher demand for oil, supporting prices in the near term. But the deal is temporary, and uncertainty remains. Prior to the deal, certain North American shale producers began releasing first-quarter 2025 earnings reports, detailing plans to reduce capital spending and remain flexible in the current macro environment.

In this episode of ReEnterprised we talk about CCS, traditional hydrocarbons drilling, and the interface between these and the oil and gas workforce.

In this Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, talks with Derek Dixon, vice-president of business development for GreenFire Energy. Dixon provides an overview of GreenFire Energy's enhanced geothermal and hybrid geothermal projects and provides insights on the state of geothermal developments.

In this latest Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor, Economics, dives into insights from the latest Oil & Gas Journal special report on capital spending.

According to the OGJ annual capital spending survey, the combined capex of six major oil companies—ExxonMobil, Chevron, Shell, BP, Equinor, and TotalEnergies—is projected to be US$108-112 billion in 2025. This marks a decrease from $113.7 billion in 2024 and $114.7 billion in 2023 and remains significantly lower than the pre-pandemic level of $123 billion in 2019.

Notably, majors are scaling back on earlier aggressive investments in renewables.

From shifting strategies among oil majors to merger and acquisition activity in the shale sector to new developments in the refining sector and the Canadian oil industry, there’s a lot to unpack.

With this episode, Oil & Gas Journal kicks off a new series within the ReEnterprised podcast: The Business.

In these sponsored The Business episodes, Oil & Gas Journal will talk with companies across the energy space about their latest activities.

In this episode, "Rapid Response Fabrication: Delivering When It Matters Most," we are joined by Dan Creech, executive vice-president of strategy and business development for Enerfab Process Solutions.

Listen in to learn about Rapid Response Fabrication, how it was developed, and how it’s executed to get operations safely back underway in the shortest time possible.

In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor-Economics, discusses how energy policies of the new Trump administration are reshaping the domestic and global energy landscape.

Since his inauguration, Pres. Trump has has wasted no time in rolling out orders and policies, and the energy sector is already feeling the effects.

In this episode, Xu dives into key developments and what they mean for the market, starting with the administration's stated priority to boost domestic energy production through deregulation and accelerated permitting.

Enjoy the episode and want to read more about these and other government actions that impact the oil and gas landscape? Find more coverage at OGJ.com/general-interest/government.

In this, Part II of a two-part Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, Upstream Editor, highlights more hydraulic fracturing development takeaways from his time at the 2025 SPE Hydraulic Fracturing Technology Conference and Exhibition in The Woodlands, Tex.

Procyk discusses perforation erosion studies and a paper on a chemical treatment for EOR in unconventional wells.