In the ever-evolving landscape of global energy, the narrative of an impending \”peak\” in fossil fuel demand has long been a cornerstone of climate policy and investment strategies. Proponents argued that as renewables like wind and solar scale up, oil, gas, and coal consumption would inevitably plateau and decline within the decade. However, recent projections […]
Continue ReadingBy ZeroHedge The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to fund projects and shareholder payouts. The downturn is significantly impacting the US shale industry and raising concerns about the future […]
Continue ReadingJapan, the world\’s fourth-largest economy as of mid-2025, is grappling with a confluence of economic pressures that threaten its stability and energy security. From sluggish growth and surging bond yields to demographic decline and political upheaval, these challenges are amplifying the nation\’s heavy reliance on imported energy. As a net importer of over 90% of […]
Continue ReadingIn the ever-evolving landscape of global energy, one trend stands out: the sharp decline in exploration capital expenditures (capex) by oil majors since the peak years around 2013. This pullback raises critical questions about future oil production capacity, especially as natural decline rates in existing fields demand massive investments to maintain supply. With demand from […]
Continue ReadingAs global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world\’s largest oil importer will continue its aggressive stockpiling strategy, building strategic petroleum reserves (SPR) at a multi-year high pace. This move not only secures China\’s energy needs but also […]
Continue ReadingENB 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 ReadingWeekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK […]
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 Reading