In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on June 24, 2025, marks a significant departure from the Trump administration’s “maximum pressure” campaign, reinstated in February 2025, which aimed […]
Continue ReadingThe European Union is rolling out its 18th sanctions package against Russia, and this time, it’s aiming straight for the heart of Moscow’s energy sector. With a proposed ban on the Nord Stream pipelines and a tighter $45-per-barrel cap on Russian oil (down from $60), the EU is doubling down on its strategy to choke […]
Continue ReadingDaily Standup Top Stories UK North Sea Oil and Gas: Jobs at Risk, Costs Skyrocketing, and the Anti-Fossil Fuel Push June 3, 2025 Stu Turley The UK’s North Sea has long been a powerhouse for oil and gas production, fueling the nation’s economy, supporting high-skilled jobs, and bolstering energy security. But with anti-fossil fuel regulations tightening […]
Continue ReadingWeekly Daily Standup Top Stories Where Are Oil Prices Headed in 2025 and Beyond? Goldman Sachs’ Bearish Outlook Meets Rising Demand Well economics matters May 27, 2025 Clark Savage Source: The Crude Truth Substack Oil well economics matters at all times, but it has now become the difference between profitability and incurring a loss. Goldman Sachs […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: Trump’s ‘Big, Beautiful Bill’ Smashes Biden’s Signature Climate Law Into Pieces May 26, 2025 Clark Savage ENB Pub Note: This is an outstanding article from David Blackmon on the Daily Caller, and Michael and I will cover this on tommorow’s Energy News Beat Daily Standup. We highly recommend checking out […]
Continue ReadingPresident Trump has had people advising him on the Russia/Ukraine war who do not have all of the critical information. I have covered this in many podcasts with George McMillan, and you can check out his information here as an Energy News Beat contributor. But today, as President Trump has a huge dilemma facing him. Does he […]
Continue ReadingENB Pub Note: Sanctions don\’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won\’t stop the oil trade. It will be the secondary sanctions that the U.S. would put in place against China\’s or […]
Continue ReadingThis is a huge story. President Trump posted on Truth Social the following: Trump on Iranian Oil: stop buying it NOW pic.twitter.com/9CIBhVNjLD — Josh Young (@Josh_Young_1) May 1, 2025 First, let’s look into who is buying and how much oil Iran is shipping. In 2025, Iran\’s oil exports, despite facing extensive U.S. sanctions, have continued […]
Continue ReadingThe US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted three vessels and their owners for allegedly providing support to the Houthis. Marshall Islands-registered Zaas Shipping & Trading facilitated the delivery of LPG to the Houthi-controlled port of Ras Isa using the San Marino-flagged Tulip BZ. The Tulip BZ has also […]
Continue ReadingDaily Standup Top Stories How will ERCOT and Texas learn from the past on the grid? April 23, 2025 Clark Savage ENB Pub Note: This is an essential update from Doug Sheridan, a LinkedIn Author and knowledgeable leader in the energy sector. Doug is raising some significant concerns about the Texas grid and potential issues on […] […]
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