In a potential thaw in U.S.-Russia energy relations amid ongoing geopolitical tensions, secret talks are underway that could see ExxonMobil reclaim a stake in Russia\’s lucrative Sakhalin-1 oil project. This development, whispered about in diplomatic circles and reported across multiple outlets, signals a strategic pivot: using energy cooperation as a \”carrot\” to lure President Vladimir […]
Continue ReadingENB Pub Note: This article is from Andrew Korybko\’s Newsletter on Substack. Andrew confirms several of my articles and brings up some great additional points. \”The EU would plunge into full-blown recession if it complied\” is an understatement. President Trump is correct in asking them to step up and end their remaining use of Russian […]
Continue ReadingIn a stark admission that underscores the fragility of global energy supply, the International Energy Agency (IEA) has revealed that decline rates in mature oil and gas fields are accelerating, putting unprecedented pressure on the industry to ramp up investments just to keep production steady. This report comes amid growing scrutiny of the IEA\’s forecasting […]
Continue ReadingAs the United States under President Donald Trump ramps up pressure on allies to sever Europe\’s lingering ties to Russian energy, the European Union finds itself caught in a geopolitical vise. Trump\’s administration has signaled readiness to impose sweeping sanctions on Russian oil exports, but only if European nations match the effort—potentially targeting third-party enablers […]
Continue ReadingIn the sweltering heat of the Caribbean, tensions between the United States and Venezuela have simmered for years, fueled by oil riches, political animosity, and the shadowy world of drug trafficking. But recent events—a U.S. military strike on a suspected drug boat off Venezuela\’s coast that killed 11 people on September 1—have pushed the rhetoric […]
Continue ReadingThe International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has drafted a report admitting that both oil and gas demand are set to continue growing for decades. Bloomberg’s Javier Blas reported the news in a column this week, citing a draft of the IEA report, World Energy Outlook. The […]
Continue ReadingMILAN, Sept 11 (Reuters) – It may appear quite audacious for the world\’s largest natural gas producer to demand that its biggest market stop buying from a competitor. But that\’s exactly what unfolded this week at the global gas industry’s annual gathering in Milan. Speaking at the start of the Gastech conference, U.S. Interior Secretary […]
Continue ReadingIn a bold escalation of its campaign against Russian energy infrastructure, Ukraine\’s Security Service (SBU) claimed responsibility for a drone strike on the Port of Primorsk, Russia\’s premier oil-loading terminal on the Baltic Sea. This marks the first direct hit on the facility, which handles a significant portion of Moscow\’s crude oil exports to global […]
Continue ReadingIn the world of energy markets, where headlines often scream about impending gluts and oversupply, OPEC\’s latest outlook is turning heads for all the wrong reasons—at least from the perspective of those expecting a flood of cheap oil. Much like the iconic 1984 Wendy\’s commercial that famously asked, \”Where\’s the Beef?\”, we\’re left pondering: Where\’s […]
Continue ReadingIn the complex web of global energy politics, the European Union\’s hesitation to slap oil-related tariffs on major Russian oil buyers like China and India is creating ripple effects far beyond trade balances. As of September 2025, this reluctance not only underscores the EU\’s pragmatic approach to sanctions but also poses a fascinating scenario for […]
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