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Home2025July

Month: July 2025

Russia and the EU in a sanctions - Created by Grok on X
Crude Oil News

EU Lowers Russian Oil Cap to $47.60 in New Sanctions Package, but Will It Do Anything?

July 18, 2025 Clark Savage

In a bold yet unilateral move, the European Union has rolled out its 18th sanctions package against Russia and Belarus, slashing the price cap on Russian crude oil from $60 to $47.60 per barrel. This […]

Where Are Oil Prices Headed in 2025 and Beyond
Crude Oil News

Why Oil and Gas Prices Face a Significant Upside Shift

July 18, 2025 Clark Savage

In a world where oil prices are currently languishing below $70 per barrel, with analysts predicting they could average in the mid-$60s for the remainder of 2025, it’s easy to assume a bearish outlook dominates […]

Crude Oil News

Can India Replace Russian Oil if Secondary Sanctions by President Trump?

July 18, 2025 Clark Savage

In a bold, but horrifically bad idea, may move to pressure Russia into ending its war with Ukraine, President Donald Trump has threatened to impose 100% secondary tariffs on countries purchasing Russian oil and gas if […]

tanker Dark fleet created by Grok on X
Crude Oil News

Iran Seizes Foreign Oil Tanker in Gulf of Oman

July 17, 2025 Clark Savage

In a move that has heightened tensions in one of the world’s most critical energy corridors, Iranian authorities have seized a foreign oil tanker in the Gulf of Oman on suspicion of fuel smuggling. The […]

Electrical Generation / Utilities

Voltage, inertia and the Iberian blackout part 2: faulty PV inverter crashed the grid

July 17, 2025 Mariel Alumit

The Iberian blackout demonstrated the importance of voltage control and reactive power, and how a weak grid, with poor controls, was brought down bu a single faulty solar inverter. In this second part of my […]

Harmony platform; Source: Sable Offshore
Big Oil Companies

Goldman Says the Boom Years of U.S. Oil Output Growth Are Over, But Are They?

July 17, 2025 Clark Savage

The U.S. oil industry has been a powerhouse of global energy production for over a decade, largely fueled by the shale revolution and the explosive growth in the Permian Basin. However, a recent analysis from […]

NFE
Finance

NFE inks second FSRU charter deal with Egypt’s EGAS

July 17, 2025 Mariel Alumit

NFE said on Tuesday that its unit has executed a five-year agreement for the deployment of the 138,350-cbm Energos Winter with state-owned EGAS. The FSRU will operate at EGAS’ LNG import terminal located at Damietta, […]

Geopolitical

Sanctioned Russian Arctic LNG Project May Have Resumed

July 17, 2025 Clark Savage

The Russian Arctic LNG 2 project, a flagship liquefied natural gas (LNG) initiative operated by Novatek on the Gydan Peninsula, appears to be pushing forward despite heavy Western sanctions. Recent vessel-tracking data indicates that loadings […]

200,000 Bpd Halted in Iraq After Drone Strikes in Kurdistan Oilfields
Crude Oil News

200,000 Bpd Halted in Iraq After Drone Strikes in Kurdistan Oilfields

July 17, 2025 Clark Savage

In a series of escalating attacks that underscore the fragile security in Iraq’s oil-rich regions, drone strikes have targeted multiple oilfields in the semi-autonomous Kurdistan area, leading to the shutdown of up to 200,000 barrels […]

Gasunie
International News

Gasunie awards contract for German gas pipeline

July 17, 2025 Mariel Alumit

Germany’s Friedrich Vorwerk announced the award for the pipeline from Gasunie Germany in a statement on Tuesday. The order for the 86 km long pipeline has a “total volume in the mid-range of hundreds of […]

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