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Home2025September

Month: September 2025

Big Oil Companies

ExxonMobil Seeks to Recover Billions Lost in Sakhalin Exit: Is This the First Step Toward Ending the Ukraine War?

September 23, 2025 Clark Savage

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 […]

Climate Crisis

Oil Jumps as Trump Pushes Europe to Stop All Russian Energy Purchases

September 23, 2025 Clark Savage

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 […]

Electrical Generation / Utilities

Texas ERCOT was ok this summer, but are we ready for winter? Are we wrong to ask if we are ok?

September 23, 2025 Clark Savage

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 Crude Flows Hit 16-Month High on Rising Output, Attacks
Crude Oil News

Russia’s Crude Flows Hit 16-Month High on Rising Output, Attacks

September 23, 2025 Clark Savage

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 […]

Bankruptcy

Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets?

September 23, 2025 Clark Savage

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 […]

VLCC rates
Crude Oil News

Surging VLCC rates propel ClarkSea Index to two-year high

September 23, 2025 Stu Turley

– Surging VLCC rates have seen the cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, reach a two-year high of $29,888 per day as […]

Utility-scale batteries
EIA News

Utility-scale batteries are more commonly used for price arbitrage

September 23, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Annual Electric Generator Report Data values: File 3.4—Energy Storage In our annual survey of power plant activity, we ask operators of utility-scale batteries how they are using their systems, and one use case […]

Comoros
Crude Oil News

Comoros takes action on dark fleet

September 23, 2025 Stu Turley

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 […]

US and Kazakhstan
Exports

US and Kazakhstan reach $4 billion locomotive deal to boost rail industry

September 22, 2025 Clark Savage

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 […]

Diesel

Net-zero emission ideologies will be destructive to future generations.

September 22, 2025 Clark Savage

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 […]

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