As we step into 2026, the global energy landscape is poised for turbulence, with whispers of an oil \”glut\” dominating headlines. Yet, this narrative may be overstated, influenced by geopolitical pressures and market dynamics that could reshape supply realities. Drawing from recent analyses, including Reuters\’ outlook and insights from OPEC and specialized energy commentary, here […]
Continue ReadingIn a bold escalation of its long-range drone campaign, Ukraine has claimed responsibility for a strike on Rosneft\’s Syzran oil refinery in Russia\’s Samara region. The attack, which occurred overnight on December 27, 2025, marks the latest in a series of targeted operations aimed at disrupting Russia\’s energy infrastructure amid the ongoing conflict. Ukrainian military […]
Continue ReadingIn a bold escalation of its campaign against Russia\’s war machine, Ukraine launched overnight drone strikes on key energy infrastructure deep inside Russian territory. The attacks targeted the Slavyansky Oil Refinery in the Krasnodar region and the Nikolaevskaya oil depot in Rostov, disrupting fuel supplies critical to Moscow\’s military operations. Confirmed by Kyiv\’s military intelligence […]
Continue ReadingThe Golden State\’s Fading Oil Legacy California, once a powerhouse in U.S. oil production, is watching its storied industry fade into history. From a peak of 760,000 barrels per day (b/d) in 2000, output has plummeted to just 250,000 b/d in 2025. This decline isn\’t just a matter of exhausted wells; it\’s the result of […]
Continue ReadingIn a dramatic escalation of the ongoing Russia-Ukraine conflict, Ukrainian forces launched a drone strike on Russia\’s key Black Sea port of Novorossiysk early on November 14, 2025, targeting vital energy infrastructure. This attack has sent shockwaves through global oil markets, pushing prices up by more than 2% amid fears of supply disruptions. As tensions […]
Continue ReadingIn a bold escalation of its campaign against Russia\’s energy infrastructure, Ukraine has claimed responsibility for a drone strike on the Saratov Oil Refinery in Russia\’s Volga region overnight on November 11, 2025. This marks the second attack on the facility this month, the fifth reported strike this fall, and the seventh overall in 2025. […]
Continue ReadingEnergy Security starts at home, and Energy Dominance starts with exporting services and energy. We are seeing the world start to wake up to energy security. The levels of natural gas supply vs. imports is a real question for planners. The question is: why take down perfectly good coal plants when China and India will […]
Continue ReadingIn a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]
Continue ReadingIn a move that could reshape the global energy landscape, Russian oil giant Lukoil has agreed to sell its vast international assets to Swiss-based commodity trader Gunvor Group, led by Swedish billionaire Torbjörn Törnqvist. The deal, valued at up to $20 billion, comes in direct response to fresh U.S. sanctions imposed by the Trump administration […]
Continue ReadingWeekly Daily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine […]
Continue Reading