In the complex web of global energy politics, the European Union\’s hesitation to slap oil-related tariffs on major Russian oil buyers like China and India is creating ripple effects far beyond trade balances. As of September 2025, this reluctance not only underscores the EU\’s pragmatic approach to sanctions but also poses a fascinating scenario for […]
Continue ReadingDaily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its […]
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 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 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 ReadingDaily 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 Energy […]
Continue ReadingIn the early hours of August 28, 2025, Ukrainian forces launched a significant drone assault on multiple Russian oil refineries, marking yet another escalation in the ongoing conflict\’s economic warfare. The attacks targeted the Kuibyshev refinery in Samara Oblast and the Afipsky refinery in Krasnodar Krai, with reports also indicating hits on the nearby Novokuibyshevsk […]
Continue ReadingENB Pub Note: This article from Andrew Korybko\’s Newsletter on Substack is spot on. President Trump is running on all cylinders with his domestic team, but the wheels are off the electric school bus, the short electric school bus, in terms of handling Putin, Zelensky, and India. This morning, we see that China is meeting […]
Continue ReadingIn an escalation of its defense strategy, Ukraine has intensified drone strikes on Russia\’s energy infrastructure, targeting oil refineries, pipelines, and storage facilities that fund Moscow\’s war machine. These attacks, which have disrupted Russian oil production and exports, come amid rising global oil prices as markets react to potential supply shortages. Brent crude futures climbed […]
Continue ReadingENB Pub Note: This is an outstanding article from David Blackmon\’s substack, and we recommend you support and subscribe to his channel. We had covered this last week on the Energy News Beat Daily stand-up, and stated that it would cause problems for the India/US relationship. But as David points out, there are reasons that […]
Continue Reading