In a significant shift in global energy dynamics, China has overtaken the United States as Canada\’s largest crude oil customer in recent months, largely thanks to the expanded Trans Mountain pipeline (TMX). This development marks a diversification of Canadian energy exports away from near-total reliance on the U.S. market, which has dominated for decades. The […]
Continue ReadingIn a recent escalation of the ongoing conflict between Ukraine and Russia, Ukrainian drones targeted the Orenburg gas processing plant in Russia\’s Orenburg region, one of the country\’s largest facilities. This strike, which occurred overnight, has prompted Kazakhstan\’s energy ministry to closely monitor its oil production, as the plant plays a critical role in processing […]
Continue ReadingDaily Standup Top Stories Where’s the Glut? Says ConocoPhillips CEO Ryan Lance October 15, 2025 Clark Savage In the ever-volatile world of oil markets, ConocoPhillips CEO Ryan Lance has recently challenged the prevailing narratives of an impending oil surplus. Speaking at a recent industry event, Lance questioned the notion of a glut, […] Occidental CEO Hollub Sees […]
Continue ReadingThe Iraq-Turkey oil pipeline, also known as the Kirkuk-Ceyhan pipeline, transports crude oil from Iraq\’s northern Kurdistan region to the Mediterranean port of Ceyhan in Turkey. It was originally built in the 1970s and has been a key export route for Kurdish oil. Prior to its shutdown, the pipeline had a capacity of approximately 450,000 […]
Continue ReadingThe global oil markets are entering a period of heightened uncertainty following the European Union\’s decision to trigger \”snapback\” sanctions on Iran. On September 27, 2025, France, Britain, and Germany activated this mechanism under the 2015 Joint Comprehensive Plan of Action (JCPOA), reimposing sweeping United Nations sanctions that had been lifted as part of the […]
Continue ReadingHow does Warren Buffett’s being right about wind fit into the potential collapse of the Chinese market? Well, the West has just offloaded all of its manufacturing to China over the last 30 years, and now that Donald Trump has been “Wright-sizing” energy, we are seeing a huge potential collapse of the Chinese system. (Pun […]
Continue ReadingDaily Standup Top Stories Warren Buffett Was Right About Wind Energy, and You Should Not Invest in It Without Tax Breaks and Subsidies September 20, 2025 Clark Savage In the world of renewable energy, few voices carry as much weight as Warren Buffett, the legendary investor and CEO of Berkshire Hathaway. Buffett has long been candid […]
Continue ReadingThe Michigan Supreme Court has agreed to hear a case regarding the Line 5 pipeline tunnel permit, challenged by Tribal Nations and environmental groups. The legal challenge centers on whether the state’s Public Service Commission properly approved the tunnel, considering treaty rights and alternative solutions. This case is one of two major legal battles for […]
Continue ReadingRussia\’s oil and gas sector, a cornerstone of its economy and a key funding source for the ongoing conflict in Ukraine, is facing a sharp downturn this month. According to estimates, revenues from these exports are projected to plummet by 23% year-on-year to approximately $7.11 billion (592 billion rubles) in September 2025. This decline, driven […]
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 […]
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