Clark Savage, Author at Energy News Beat

Moscow vows ‘retaliatory measures’ if EU apprehends tankers in the Baltic

February 12, 2025 Clark Savage449

With reports swirling that the European Union is contemplating seizing ageing substandard shadow tanker tonnage transiting through the Baltic, Alexey Zhuravlev (pictured), first deputy chairman of Russia’s State Duma Committee on Defence, has vowed retaliation. European news organisation Politico reported earlier this week that the EU was discussing apprehending shadow tankers leaving Russia and heading […]

‘Illegal’ US sanctions will not stop Russia’s oil trade – Moscow

February 11, 2025 Clark Savage364

Pavel Sorokin, Russia’s first deputy energy minister, said supplies to India, a key market for Russian crude, will continue despite Western pressure Russia will continue supplying oil to global markets despite sanctions pressure, First Deputy Energy Minister Pavel Sorokin has insisted. Speaking at India Energy Week in New Delhi on Tuesday, Sorokin noted that […]

Russia Says Sanctions Shouldn’t Hinder Oil Trade With India

February 11, 2025 Clark Savage354

U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minister, Pavel Sorokin, said on Tuesday. Indian refiners are scrambling for alternatives after the U.S. sanctions designated hundreds of tankers, as well as oil traders, last month. Since the Russian invasion of Ukraine and the […]

BP Teases Fundamental Reset of Strategy to Boost Returns and Cash

February 11, 2025 Clark Savage414

BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust. “Building on the actions taken in the past 12 months, we now plan to fundamentally reset our strategy and drive further […]

Iran Fires Back to Oil Exports

February 11, 2025 Clark Savage371

Daily Standup Top Stories Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero February 10, 2025 Mariel Alumit The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive the Islamic Republic’s oil exports to zero, Iran’s Oil Minister Mohsen […]

Gulf Refiners Are Balking at Watery Mexican Oil in Blow to Pemex

February 10, 2025 Clark Savage384

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 and Canada amid complaints that Petroleos Mexicanos is increasingly delivering crude that’s unfit to make gasoline and diesel. Refiners in Texas and […]

Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero

February 10, 2025 Clark Savage365

The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive the Islamic Republic’s oil exports to zero, Iran’s Oil Minister Mohsen Paknejad said this weekend. “The maximum pressure policy has failed, and (Trump\’s) dream of reducing Iran’s oil exports to zero will never […]

Swiss Emission Curbs

February 10, 2025 Clark Savage429

Daily Standup Top Stories $300 Billion in Global Nuclear Energy Investment – is this in trouble because of DeepSeek February 8, 2025 Clark Savage 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 […]

EU nations aim to seize alleged ‘Russian shadow fleet’ vessels – Politico

February 10, 2025 Clark Savage326

Cargo ships could reportedly be impounded on grounds of supposed piracy and the threat of environmental incidents Several EU members are considering strengthening the legal framework for seizing ships in the Baltic Sea with the aim of undermining Russian trade, Politico reported on Monday, citing insiders. Finland, Estonia, Lithuania, and Latvia are allegedly seeking […]

Pushback Begins Against Trump’s Oil Agenda

February 9, 2025 Clark Savage311

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 turn out to be one promise Trump can’t keep—because it’s not entirely up to him. President Trump declared a national […]

Author: Clark Savage

Moscow vows ‘retaliatory measures’ if EU apprehends tankers in the Baltic

‘Illegal’ US sanctions will not stop Russia’s oil trade – Moscow

Russia Says Sanctions Shouldn’t Hinder Oil Trade With India

BP Teases Fundamental Reset of Strategy to Boost Returns and Cash

Iran Fires Back to Oil Exports

Gulf Refiners Are Balking at Watery Mexican Oil in Blow to Pemex

Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero

Swiss Emission Curbs

EU nations aim to seize alleged ‘Russian shadow fleet’ vessels – Politico

Pushback Begins Against Trump’s Oil Agenda

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