ENB Pub Note: This article is from Andrew Korybko\’s Newsletter on Substack and is very interesting. This coincides with our points made that it is a mistake for the Trump adminstration to levy tariffs on India to end the Ukraine war. Friday will be a big day, and I hope that President Trump and President […]
Continue ReadingIn a significant blow to India\’s energy landscape, Nayara Energy—operator of the country\’s second-largest refinery—has experienced a dramatic plunge in crude oil imports this August, hitting historic lows. This downturn is largely attributed to the European Union\’s latest sanctions package targeting Russian oil and its derivatives, compounded by U.S. President Donald Trump\’s imposition of tariffs […]
Continue ReadingOil prices experienced a modest decline on Tuesday, reflecting trader caution ahead of the U.S. Energy Information Administration\’s (EIA) latest Short-Term Energy Outlook report. Brent crude futures fell 20 cents, or 0.3%, to $66.43 a barrel, while U.S. West Texas Intermediate crude dipped similarly amid a backdrop of mixed signals from global demand forecasts and […]
Continue ReadingTrump’s plan to impose a 25% tariff on Indian imports over its Russian crude purchases puts India in a dilemma between preserving $87B in U.S. exports or saving billions through discounted oil. India signals it won’t bow to U.S. pressure, prioritizing cheap Russian crude to keep export goods competitive and avoid a potential $20B jump […]
Continue ReadingDaily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has evolved into what critics are calling a “tax on the sun.” This comes amid the country’s aggressive shutdown of reliable […]
Continue ReadingWeekly Daily Standup Top Stories Trump’s Nuclear Energy Overhaul Sparks Unfounded Alarms over Safety August 3, 2025 Clark Savage In a bold move to revitalize America’s energy sector, President Donald Trump has unveiled ambitious plans to quadruple U.S. nuclear power capacity by 2050, targeting an addition of 300 GW of new nuclear energy. This […] Net Zero […]
Continue ReadingThe Association of Average Adjusters (AAA) has issued a warning to the maritime sector, highlighting the growing legal ambiguity around insurance claims involving vessel groundings linked to GPS spoofing. In a new discussion paper, the AAA warns that cyber exclusion clauses increasingly found in hull & machinery (H&M) policies—most notably the LMA5403 clause—could leave shipowners […]
Continue ReadingThe Panama Ship Registry has become the first flag in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. Non-compliance—depending on its severity—may lead to the cancellation of a vessel’s Panamanian registration. The regulation requires all Panamanian-flagged oil tankers with a gross tonnage of 150 or more to […]
Continue ReadingNorwegian authorities will require foreign-flagged tankers operating within the country’s economic zone to disclose their insurance arrangements starting August 11. The new rule, announced by Norway’s coastal administration, is part of a broader push to enhance maritime safety and environmental protection amid mounting concerns over the growing presence of shadow tankers in northern European waters. […]
Continue ReadingIn the evolving landscape of global energy geopolitics, India is pushing back against Western pressures with a compelling economic narrative. As the United States and European Union intensify sanctions on nations engaging with Russian energy exports, India has emerged as a key player, ramping up its imports of discounted Russian crude oil and other commodities. […]
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