Ukraine Claims Strike on Rosneft’s Refinery – We summarize 2025 Energy Strikes in the Ukraine – Russian War

In a bold escalation of its campaign against Russian energy assets, Ukraine\’s military claimed responsibility for a drone strike on Rosneft\’s Ryazan oil refinery, one of Russia\’s largest facilities, on November 15, 2025. This attack is part of Kyiv\’s strategy to disrupt Moscow\’s oil revenues, which fund the ongoing war. The Ryazan refinery, located southeast […]

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Enbridge Updating Expansion Plans to its Mainline and Flanagan South Systems to Export Canadian Oil

In a significant move for North America\’s energy landscape, Enbridge Inc. has announced the final investment decision on its Mainline Optimization Phase 1 (MLO1) project, greenlighting a $1.4 billion expansion to enhance the flow of Canadian crude oil to key U.S. refining markets. This update comes as Canadian oil production continues to climb, reaching a […]

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Oil is Up Over 2% After Ukraine Attacks Russian Energy Infrastructure in the Black Sea

In 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 […]

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Allegedly India Racing to Replace Russian Oil with U.S., Iraqi, and UAE Crude. Or Are They?

In the ever-shifting landscape of global energy markets, headlines often paint a picture of dramatic pivots driven by geopolitics and sanctions. A recent article from OilPrice.com suggests that India is \”racing\” to swap out its hefty reliance on Russian crude for supplies from the United States, Iraq, and the UAE, spurred by fresh U.S. sanctions […]

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Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032

In 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 […]

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Ukraine Attacks Russian Oil and Fuel Sites

In a bold escalation of its asymmetric warfare strategy, Ukraine launched a series of long-range drone strikes on Russian energy infrastructure overnight on October 29, 2025. Targeting facilities deep within Russian territory and in occupied Crimea, these attacks aimed to disrupt fuel production and logistics critical to Russia\’s military operations and economy. Ukrainian Special Operations […]

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India Looking to Buy from US to Replace Russian Oil – What is the best blend for India\’s refineries is a real question.

In a significant shift amid escalating geopolitical tensions, India\’s largest refiner, Indian Oil Corporation (IOC), is actively seeking to diversify its crude oil imports by turning to the United States and other American suppliers. This move comes as U.S. sanctions on major Russian oil producers like Rosneft and Lukoil disrupt traditional supply chains, forcing Indian […]

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