Crude has six times more water than industry standard Pemex was hit with complaints and demands for discounts US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia […]
22 states are suing New York over its Climate Superfund law, calling it unconstitutional and a threat to energy producers, jobs, and the power grid. On February 6, 2025, a coalition of twenty-two states issued […]
Europe’s soaring gas prices are making it more cost-effective to burn oil for industrial use, potentially boosting the region’s demand for barrels. Natural gas surpassed the equivalent of $100 a barrel on Monday, a two-year […]
The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors, such as the U.S. pause on new LNG […]
West Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may […]
By Wolf Richter for WOLF STREET. Inflation pressures are rebuilding in used vehicles. Prices of used vehicles sold at auctions where franchised and independent dealers replenish their inventories rose by 0.4% in January from December, seasonally adjusted (red […]
ENB Pub Note: This is a fundamental question. Will DeepSeek lead to the cancellation of some nuclear power generation projects? What is the impact on the uranium market and the nuclear supply chain? Anas Alhajii […]
Ed Miliband plans billions in subsidies for biomass power, backing Drax despite criticism over emissions and deforestation concerns. Ed Miliband [pictured above] is poised to announce billions in new subsidies for wood-burning power plants to […]
Seven in ten Brits surveyed said they would rather the government prioritize economic growth over achieving net zero by 2050. Voters in the UK say they want the government to prioritize economic growth over net […]
DOE Sec. Chris Wright plans to reverse Biden’s green policies, boost U.S. energy, cut costs, expand production, and restore energy dominance. Department of Energy (DOE) Secretary Chris Wright unveiled his first secretarial order on Wednesday […]
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