In a dramatic shift for global energy geopolitics, Venezuela finds itself increasingly isolated as its two primary allies, Russia and China, dial back their support for President Nicolás Maduro\’s regime. This development, highlighted in a recent LinkedIn analysis by energy expert Giacomo Prandelli, comes at a time when U.S. pressure is intensifying, raising questions about […]
Continue ReadingENB Pub Note: This article is from the Bison Insights with Josh Young. Stu Turley, David Blacmon, Josh Young, and Wasif Latif will be live next week, and this article will be one of the key talking points. We highly recommend subscribing to the Bison Interests Substack. Here is the live link to watch the […]
Continue ReadingIn a significant development for the global energy sector, U.S. oil giant ExxonMobil has expressed interest in acquiring Russian firm Lukoil\’s majority stake in one of Iraq\’s premier oilfields. This move comes amid escalating U.S. sanctions on Russian entities, which have forced Lukoil to declare force majeure and seek an exit from its Iraqi operations. […]
Continue ReadingIn a significant blow to Russia\’s wartime economy, state revenues from oil and gas exports are projected to decline sharply in November 2025. According to calculations by Reuters, these revenues could drop by approximately 35% compared to November 2024, falling to around 520 billion roubles ($6.59 billion). This estimate is based on lower oil prices […]
Continue ReadingIn a world of geopolitical volatility, the oil market remains a barometer for global tensions. As we approach the end of 2025, two hypothetical scenarios loom large: a complete shutdown of Venezuela\’s oil production amid escalating U.S. pressures, and a peace deal in Ukraine that could lead to the lifting of sanctions on Russian oil, […]
Continue ReadingIn a significant escalation of the ongoing energy warfare between Ukraine and Russia, the Caspian Pipeline Consortium (CPC) has suspended oil loading operations at its Black Sea terminal in Novorossiysk following a Ukrainian naval drone attack. The incident, which occurred early on November 29, 2025, marks the latest in a series of targeted strikes on […]
Continue ReadingAs the world watches the evolving dynamics of the Ukraine-Russia conflict, the energy sector remains on high alert. With the current date being November 28, 2025, recent developments suggest a potential path toward peace, including a proposed 19-point plan from the Trump administration that favors Ukraine by avoiding territorial concessions in Donbas and offering U.S.-style […]
Continue ReadingIn the ongoing saga of geopolitical tensions, the energy sector has emerged as a critical battleground. As of November 2025, U.S.-led sanctions are tightening their grip on Russia\’s oil giants, forcing operational halts and asset fire sales that could hasten the end of the Russia-Ukraine war. Two recent developments underscore this pressure: the shutdown of […]
Continue ReadingIn a stark warning that echoes growing concerns across the global energy sector, Russia\’s top OPEC+ negotiator, Alexander Novak, has highlighted the imminent risk of an oil shortage driven by chronic underinvestment. Speaking recently, Novak emphasized that traditional accessible reserves are depleting rapidly, while hard-to-recover reserves demand significantly higher costs. \”We are now seeing traditional […]
Continue ReadingENB Pub Note: This is from The Merchant\’s News on Substack, and Stu Turley will interview Giacomo Prandelli in December about this and several other global energy issues. We recommend following and subscribing to his Substack. Take a look at how Russia has survived, and the new Natural Gas pipeline to China will take 4 […]
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