ENB Pub Note: This article from Irina Slav\’s Substack is on point on the oil glut in the news. We recommend following her on her Substack. As we say in Texas, the math ain\’t mathing. First, looking at OPEC+\’s additional increases, if they can actually produce them as well as the simple fact we are […]
Continue ReadingIn 2024, Chinese investments in Brazil surged to $4.18 billion across 39 projects, marking a 113% increase from the previous year and positioning Brazil as the top emerging market for Chinese capital. This influx, heavily concentrated in the energy and oil sectors, reflects Beijing\’s strategic push to secure resources amid global energy transitions and geopolitical […]
Continue ReadingIn a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including Saudi Arabia and Russia, are set to discuss and likely approve an addition of approximately 137,000 barrels per day (bpd) […]
Continue ReadingIn a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan\’s exclusive economic zone (EEZ), marking a new phase in Beijing\’s \”gray-zone\” tactics against the island. According to recent reports, the state-owned China National Offshore Oil Corporation (CNOOC) has […]
Continue ReadingIn a market already grappling with supply concerns and shifting global dynamics, oil prices dipped modestly this week following the U.S. Energy Information Administration\’s (EIA) latest Weekly Petroleum Status Report. Released on September 4, 2025, the report confirmed an unexpected build in crude oil inventories, adding downward pressure to prices that have been range-bound amid […]
Continue ReadingIn a significant move to curb Iran\’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, led by Iraqi-Kittitian businessman Waleed Khaled Hameed al-Samarra\’i based in the United Arab Emirates, is said to have facilitated the […]
Continue ReadingIn the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government\’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline rate—exemplify this contradiction, […]
Continue ReadingIn a bold move that could reshape the UK\’s energy landscape, Conservative Party leader Kemi Badenoch has vowed to scrap net zero requirements for oil and gas extraction in the North Sea, prioritizing maximum fossil fuel production to boost economic growth and energy security. Speaking ahead of a planned address in Aberdeen, Badenoch declared that […]
Continue ReadingThe narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging demand drivers reveals a resilient industry far from exhaustion. While some industry voices suggest that shale oil output may have […]
Continue ReadingThis Will Only Increase Energy Prices for the Already Struggling UK In a move that reeks of ideological overreach, climate activists and stringent environmental regulations have effectively halted development of Rosebank, Britain\’s largest untapped oilfield. Located 130 kilometers northwest of Shetland in deep waters, Rosebank holds an estimated 336 million barrels of oil equivalent, including […]
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