In a surprising turn of events amid ongoing geopolitical tensions, ExxonMobil has taken a bold step toward reclaiming billions in losses from its forced exit from Russia’s Sakhalin-1 oil project. According to recent reports, the […]
In a bold move that sent shockwaves through global energy markets, U.S. President Donald Trump urged European nations to immediately halt all purchases of Russian energy, including oil and natural gas. This call, renewed amid […]
Doug Sheridan on LinkedIn writes: Last month we came across the attached series of charts on the Grid Status app. They show continual generation on Ercot for the 30 days ending Aug 4—ie, the middle […]
Russia’s seaborne crude oil exports have surged to their highest levels in over a year, driven by a combination of increased production and disruptions to domestic refining capacity from Ukrainian drone strikes. According to recent […]
In a stark admission during a September 2025 press conference, China’s Finance Minister revealed that “every penny we spend is borrowed,” highlighting the precarious state of the nation’s finances. This confession has reignited global concerns […]
Israeli maritime analytics firm Windward is reporting that the government of Comoros has begun a clean-out of its international registry, a flag which has been central to sanctions-circumventing dark fleet tankers shipping Russian, Iranian and […]
WASHINGTON (TNND) — The United States and Kazakhstan reached a $4.2 billion locomotive agreement on Monday that will support thousands of U.S. jobs in Texas and Pennsylvania. Parts maker Wabtec, based in Pennsylvania, will provide the […]
The vast resources of underground coal, crude oil, and natural gas are all useless unless refined or processed into the fuels and products that support the lives of 8 billion people. Refineries, coal gasification, and […]
Under the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in […]
In the wake of geopolitical shifts and Europe’s ongoing quest for energy security, U.S. oil supermajors are ramping up their presence in the liquefied natural gas (LNG) market. Companies like ExxonMobil and Chevron are expanding […]
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