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Home2025May

Month: May 2025

Climate Crisis

Spain’s Blackout Raising Alarms Over Its Fragile ‘Green Energy’ Grid

May 2, 2025 Stu Turley

ENB Pub Note: This is a massive wake-up call for the world. We have been saying for years that energy security starts at home, and “renewable” energy cannot replace fossil fuels.  The world is about […]

ENB Podcast

Trump’s Tariffs: Resetting Global Trade and Sparking America’s Industrial Comeback

May 2, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, host Stuart Turley interviews Wasif Latif, president of Sarmaya Partners, to discuss the global impact of President Trump’s tariffs, the return to tangible assets like […]

Argentina
ENB Pub Note

PAE, Golar, and partners take FID on Argentina FLNG project

May 2, 2025 Clark Savage

ENB Pub Note: Great update on Golar LNG. I am adding the information about Argentina’s natural gas and LNG production in the pub note.  Argentina is a significant producer of natural gas, leveraging its vast […]

Climate Crisis

The Spanish Government Is Lying About The Blackouts

May 2, 2025 Stu Turley

Spain’s blackout exposed the danger of unstable renewables—yet the government is blaming everything but its own green energy agenda. ​Renewable energy had nothing to do with Spain’s catastrophic blackouts, its Prime Minister says, insisting instead […]

Atlantic
Exports

Atlantic LNG shipping rates rise above $40,000 per day

May 2, 2025 Clark Savage

“Spark30S (Atlantic) freight rates continue to rise for a second consecutive week, increasing by $5,000 to $40,750 per day and the first time Atlantic freight rates have risen above $40,000 since October 2024, Spark’s data lead […]

Crude Oil News

What is the new norm for oil prices?

May 2, 2025 Clark Savage

Being in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get […]

Shell
Big Oil Companies

Shell’s Q1 profit reaches $5.58 billion, LNG sales drop

May 2, 2025 Clark Savage

The UK-based firm said its adjusted earnings reached $5.58 billion in the first quarter, down compared to $7.73 billion in the comparable quarter last year. Adjusted earnings rose 52 percent compared to $3.66 billion in the prior quarter. Income […]

ENB Pub Note

Trump energy official concedes Empire Wind halt was ‘dangerous’ – because we need all forms of energy not weather dependent

May 2, 2025 Stu Turley

ENB Pub Note: I like her response, and sent her an invitation to hop on the Energy News Beat podcast. She emphasised that the US needs all forms of energy, that it “can get its […]

Equinor
Big Oil Companies

Equinor sells majority stake in Brazilian oil field for $3.5bn

May 2, 2025 Clark Savage

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s […]

CO2 emissions
Press

The inconvenient truth about shipping’s decarbonisation

May 2, 2025 Stu Turley

Pierre Aury reflects on MEPC 83 and mankind’s failure to rein in CO2 emissions. The International Maritime Organization (IMO) just held the 83rd session of its Marine Environment Protection Committee (MEPC). Before we deal with […]

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