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Crude Oil News

Valero Charges Forward with California Refinery Shutdown: Newsom’s Net Zero “Victory” Accelerates the Exodus of Oil and Gas from the Golden State

October 24, 2025 Clark Savage

In a move that underscores the relentless squeeze on California’s fossil fuel industry, Valero Energy has confirmed it will proceed with shutting down its Benicia refinery by April 2026, despite last-ditch negotiations with state officials. […]

Crude Oil News

Oil Prices Up Today After Latest Sanctions and Drone Strikes Against Russia – What do Invesors look for?

October 23, 2025 Clark Savage

Oil prices surged nearly 5% on Thursday, October 23, 2025, following the imposition of new U.S. sanctions on Russia’s two largest oil companies and amid escalating Ukrainian drone strikes on energy infrastructure. Benchmark U.S. crude […]

Carbon Credit

EU Faces Backlash from U.S. and Qatar Over Climate Mandates

October 23, 2025 Andy Del Prado

Daily Standup Top Stories EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats October 22, 2025 Clark Savage In an escalating tension over global energy trade, the European Union’s push […]

Big Oil Companies

JERA NEX BP Halts Development of Beacon Wind Project in the US as Costs Soar

October 22, 2025 Clark Savage

In a significant blow to the U.S. offshore wind sector, JERA Nex BP—a joint venture between Japan’s largest power generator JERA and British energy giant BP—has announced plans to halt development of the Beacon Wind […]

Carbon Credit

U.S. Energy Secretary and Qatari Energy Minister Send Letter to EU Regarding Proposed Corporate Climate Regulations

October 22, 2025 Clark Savage

ENB Pub Note: Check out my article this morning EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats. Hat tip to the Nemeth Report for sending this announcement below.    […]

Finance

Germany Stands To Lose and Poland To Gain From The EU’s Latest Energy Move

October 22, 2025 Clark Savage

ENB Pub Note: This article from Andrew Korybko’s Newsletter on Substack is again on point. It is interesting to see the LNG import capabilities of Poland really starting to roll in, and I have had […]

Carbon Tax

EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats

October 22, 2025 Clark Savage

In an escalating tension over global energy trade, the European Union’s push for stringent climate and sustainability regulations has drawn sharp rebukes from major LNG suppliers, the United States, and Qatar. Both nations have issued […]

Bankruptcy

How is Germany Facing Total Collapse Through Deindustrialization and Net Zero Energy Policies

October 21, 2025 Clark Savage

Germany, once hailed as Europe’s economic powerhouse, is grappling with a profound crisis driven by deindustrialization and aggressive net zero energy policies. High energy costs, regulatory burdens, and the abrupt shift away from reliable energy […]

California Public Utilities Commision
Climate Crisis

Gavin Newsom Signs Bill Allowing California Utility Companies to Draw Funding from State Wildfire Fund

October 21, 2025 Clark Savage

In a move that has sparked widespread criticism, Governor Gavin Newsom signed a historic package of bipartisan legislation on September 19, 2025, aimed at addressing California’s escalating energy challenges. Among the provisions is the replenishment […]

ENB Pub Note

Can Wind, Solar and Storage for Energy Be Recycled, and Are They Sustainable Without Subsidies?

October 20, 2025 Clark Savage

In the race to combat climate change, wind and solar energy have emerged as frontrunners in the transition to renewable power. Governments worldwide have poured billions into these technologies, touting their environmental benefits and potential […]

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