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Home2025May

Month: May 2025

teapot refinery
Crude Oil News

Washington unveils another package of sanctions aimed at Iran’s oil shipments

May 9, 2025 Stu Turley

ENB Pub Note: This is a significant sanction, and will impact the tariff discussions this weekend with the Trump administration’s team and China. China is not doing very well, and this weekend will be critical. […]

Price
Finance

Dear Readers, Please Donate to WOLF STREET: Spring 2025 Reminder

May 8, 2025 Stu Turley

Your generous support has kept WOLF STREET free and open to all, and not behind a paywall. Thank you!!

Chevron and Kazakstan oil drilling rig created by Grok on X
Crude Oil News

How helpful is Chevron in Kazakhstan’s oil over production in it’s OPEC+ production quota?

May 8, 2025 Clark Savage

Source: The Crude Truth Substack, Rey Trevino It brings up some interesting points about an American Company helping a foreign country to overproduce their OPEC+ production quotas. We have often wondered why they were not […]

Finance

Recession Watch: Time to Dig Out Our Favorite Recession Indicator Again

May 8, 2025 Stu Turley

Recession talk is swirling densely all over the place, so let’s have a look.

Secretary Chris Wright on the Glen Beck show
Electrical Generation / Utilities

Trump’s Energy Department just discovered $93 Billion in green energy loans in the 3 months before Trump took office.

May 8, 2025 Clark Savage

This is an excellent interview on the Glenn Beck show with Secretary Chris Wright   Trump’s Energy Dept. just discovered Biden rushed out $93 BILLION in green energy loans in the 3 months before Trump. […]

Green Energy
Climate Crisis

How Wind And Solar Sent Energy Prices Sky-High in ‘Green’ Countries

May 8, 2025 Stu Turley

Ask families in Germany and the UK what happens when more and more supposedly “cheap” solar and wind power is added to the national power mix, and they can tell you by looking at their utility bills: […]

Siberia 2 Pipeline created by Grok on X
Geopolitical

China–Russia East-Route Natural Gas Pipeline 2 talks are underway.

May 8, 2025 Clark Savage

Txvetana Paraskova from OilPrice.com posted today, “Russia Claims Active Talks With China on New Gas Pipeline Are Underway,” which makes some interesting points. “Russia is in an active stage of talks with China over the […]

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Press

Costamare ships out 15-year-old handy

May 8, 2025 Stu Turley

Dry CargoEurope Bernard Delmont / Marine Traffic Bernard Delmont / Marine Traffic New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos […]

Excelerate
Earnings

Excelerate boosts net income in Q1

May 8, 2025 Mariel Alumit

ENB Pub Note: I have just contacted the CEO, Steven Kobos, to interview him on the Energy News Beat podcast.    Exclerate Energy reported net income of $52.1 million and adjusted net income of $55.6 […]

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