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HomeTop News

Top News

UK in distress due to Net Zero created by Grok on X
Crude Oil News

Climate Zealots Shut Down Britain’s Biggest Untapped Oilfield

August 29, 2025 Clark Savage

This Will Only Increase Energy Prices for the Already Struggling UK In a move that reeks of ideological overreach, climate activists and stringent environmental regulations have effectively halted development of Rosebank, Britain’s largest untapped oilfield. […]

U.S. retail gasoline prices lower than last year heading into Labor Day
Diesel

U.S. retail gasoline prices lower than last year heading into Labor Day

August 29, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On August 25, 2025, the Monday before Labor Day weekend, the retail price of regular gasoline averaged $3.15 per gallon (gal) across the United States, 5% […]

Russia Drilling in the Antartic created by Grok on X
Crude Oil News

Russia Uncovers 511 Billion Barrels of Oil Beneath Antarctica: A Find That Could End the Continent’s Era of Peaceful Use

August 28, 2025 Clark Savage

In a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy […]

Diesel

Phillips 66 Starts to Wind Down Los Angeles Area Refinery Next Week

August 28, 2025 Clark Savage

In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]

The Inflation Reduction Act and the Green New Deal is a wealth transfer
ENB Pub Note

President Trump has functionally repealed the Inflation Reduction Act and the Green New Deal, but what is the down side?

August 28, 2025 Clark Savage

ENB Pub Note: Doug Sheridan on LinkedIn again hits it out of the park. The IRA has done more harm to the US economy than most people realize, and it was a wealth realignment tool […]

Big Oil Companies

Wall Street Exit Culminates in Climate Group Failure and Halts Activities

August 28, 2025 Clark Savage

In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA)—the world’s largest climate coalition for financial institutions—has suspended its operations and is now polling remaining members on whether to dismantle its […]

Crude Oil News

Russian Refineries Under Fire: Ukrainian Drone Strikes Disrupt Key Energy Infrastructure

August 28, 2025 Clark Savage

In 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 […]

Crude Oil News

Here’s What the US’ Security Guarantees For Ukraine Might Look Like – And some advice on how to end the war

August 28, 2025 Clark Savage

ENB 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 […]

Finance

Hanwha bankrolls Philly revival in showpiece of Korea-US shipbuilding pact

August 28, 2025 Mariel Alumit

Hanwha Group has unveiled a $5bn expansion plan for Hanwha Philly Shipyard as well as ordering 10 tankers to be built in Philadelphia, in a landmark moment for Korea-US industrial cooperation designed to revive American […]

Sempra
Exports

Sempra, EQT ink 20-year Port Arthur LNG SPA

August 28, 2025 Mariel Alumit

Under the new SPA, EQT will buy 2 million tonnes per annum of LNG for 20 years, according to a joint statement. EQT will purchase the LNG supplies on a free-on-board basis at a price […]

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