Month: December 2025

GE Vernova Inc: Supplier to Vineyard Wind Looking at Its Books After This Week\’s Trump Administration Cancellation of Projects

Clark Savage30

In a move that has sent ripples through the renewable energy sector, the Trump administration announced on December 22, 2025, the suspension of leases for five major offshore wind projects along the U.S. East Coast, citing national security concerns. The affected projects include Vineyard Wind 1 off Massachusetts, Revolution Wind in Rhode Island, Sunrise Wind […]

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Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

Clark Savage26

In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an estimated 1.3 billion barrels of \”oil on water\”—the highest level since April 2020 and a staggering 30% increase from August. […]

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Trump Administration Intercepts a Second Tanker in Venezuela Oil Tanker Blockade – Update US Is Said to Board Third Tanker Off Venezuela as Tensions Mount

Clark Savage28

In a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime\’s oil exports. On December 20, 2025, the US Coast Guard seized the supertanker named Centuries in the Caribbean Sea, shortly after it departed from […]

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Has the Shadow Fleet Met Its Match? Will OPEC+ Be The Beneficiary? 

Clark Savage22

The global energy landscape has long been shadowed by the so-called \”shadow fleet\”—a network of aging, often poorly maintained tankers that evade international sanctions to transport oil and liquefied natural gas (LNG) from countries like Russia, Iran, Iraq, and Venezuela. These vessels, frequently operating under opaque ownership and false flags, have allowed sanctioned regimes to […]

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