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HomeTop News

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Mozambique
Big Oil Companies

ENI’s Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds

July 25, 2025 Clark Savage

Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]

Ireland
AI

Amazon Scraps New Irish AI Facility Amid Power Grid Shortfall

July 25, 2025 Clark Savage

In a significant setback for Ireland’s ambitions as a European hub for tech and data centers, Amazon Web Services (AWS) has canceled plans for a €300 million server rack manufacturing plant in Dublin’s Ballycoolin industrial […]

US Green Project Cancellations Hit $22 Billion in First Half
Electrical Generation / Utilities

US Green Project Cancellations Hit $22 Billion in First Half

July 24, 2025 Clark Savage

In a stark indicator of shifting priorities in the US energy sector, clean-energy project cancellations, closures, and scale-backs reached a staggering $22 billion in the first half of 2025. This figure, representing about 17% of […]

BP Appoints New Chairman with Experience of Relocation to New YorkBP to Cut 6,000 Jobs in Another Business Review
Big Oil Companies

BP Plans to Exit $36 Billion Green Hydrogen Project in Australia

July 24, 2025 Clark Savage

In a significant shift that underscores the challenges facing the renewable energy sector, BP Plc has announced its intention to exit the Australian Renewable Energy Hub (AREH), a massive $36 billion green hydrogen production project. […]

CCUS

Zeldin Ready To Go After Obama EPA Endangerment Finding on CO2

July 24, 2025 Clark Savage

ENB Pub Note: This is from David Blackmon’s Substack, and he has yet again hit it out of the park. We highly recommend subscribing to David’s work.  When the EPA does take the sledgehammer to […]

Big Oil Companies

Equinor, Shell, BP News Illustrates the Failing Energy Transition

July 24, 2025 Clark Savage

This article is from David Blackmon’s Substack, and we highly recommend you follow him. His spot on his analysis of the oil majors and their move away from ‘renewables”. And brings up the other topic […]

Crude Oil News

China’s Oil Demand is Plateauing, But What Does That Mean for Global Markets?

July 24, 2025 Clark Savage

In the ever-evolving landscape of global energy, China’s role as the world’s largest oil importer has long been a cornerstone of market dynamics. However, recent projections suggest a significant shift: China’s oil demand is expected […]

alero California - Energy News Beat updated by Grok on X
Diesel

In Rare Move, California Steps In to Find Buyer for Valero Refinery to Avoid Closure, Sources Say

July 23, 2025 Clark Savage

In a surprising turn of events, California officials are scrambling to secure a buyer for Valero Energy’s Benicia refinery, slated for closure in April 2026, according to three anonymous sources familiar with the matter. This […]

Scott Bessent - United States Secratary of the Treasury- created by Grok on X
ENB Pub Note

President Trump Announces Three New Trade Deals

July 23, 2025 Clark Savage

In a bold move to strengthen America’s economic position and promote fair trade practices, President Donald Trump announced three new trade agreements on July 22, 2025. These deals, involving Indonesia, the Philippines, and Japan, aim […]

Top Selling Chinese EV - Created by Grok on X
Electric Vehicles

Global EV Market in 2025: Growth Amid Fire Risks and Insurance Challenges

July 23, 2025 Clark Savage

The electric vehicle (EV) market is continuing to surge globally, driven by advancements in technology, growing demand for hybrids, government incentives, and increasing consumer demand for sustainable transportation. Now that government incentives are being phased […]

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