In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated media and posts on X, the attacks targeted critical infrastructure in Phase 14 of the South Pars field in Bushehr […]
Continue ReadingThe Middle East is once again a powder keg, with tensions between Israel and Iran threatening to ignite a crisis in global oil markets. Following Israel’s recent airstrikes on Iranian targets, fears are mounting that Tehran’s oil infrastructure—producing roughly 3.3 million barrels per day (bpd)—could be crippled. Iran accounts for about 3% of global crude […]
Continue ReadingThe escalating conflict between Israel and Iran has sent shockwaves through global energy markets, prompting oil forecasters to rapidly revise their price outlooks. With military strikes intensifying and fears of supply disruptions mounting, the geopolitical risk premium on oil has returned with a vengeance. Brent crude surged past $78 per barrel in its biggest intraday […]
Continue ReadingDaily Standup Top Stories What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure? June 10, 2025 Clark Savage The escalating tensions between Israel and Iran have long been a geopolitical flashpoint, with implications that ripple across global energy markets. Recent speculation about Israel potentially targeting Iran’s nuclear facilities […]
Continue ReadingThe escalating tensions between Israel and Iran have long been a geopolitical flashpoint, with implications that ripple across global energy markets. Recent speculation about Israel potentially targeting Iran’s nuclear facilities or oil export infrastructure has raised critical questions about the stability of the oil market. Such an event could disrupt Iran’s oil production and exports, […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: On Energy, China Knows What The Rest Of Us Must Re-Learn June 7, 2025 Clark Savage ENB Pub Note: This article from David Blackmon is fantastic on The Daily Caller. We recommend following him there and on his Substack The Energy Absurdity Turley’s Law is alive and well. The more […]
Continue ReadingWeekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
Continue ReadingDaily Standup Top Stories How big is the Alaska LNG Project? Glenfarne says more than 50 firms interested in Alaska LNG project June 4, 2025 Mariel Alumit The Alaska LNG Project: A Mega-Project for Energy Security and Economic Growth The Alaska LNG Project is a proposed liquefied natural gas (LNG) export initiative aimed at tapping into […]
Continue ReadingCalifornia, once a powerhouse of diverse and reliable energy production, is facing what many analysts call a self-inflicted energy crisis. Under Governor Gavin Newsom’s leadership since 2019, the state’s energy policies have accelerated the decline of its oil and gas industry, pushed for the closure of nuclear power, phased out coal, and driven electricity costs […]
Continue ReadingDaily Standup Top Stories UK North Sea Oil and Gas: Jobs at Risk, Costs Skyrocketing, and the Anti-Fossil Fuel Push June 3, 2025 Stu Turley The UK’s North Sea has long been a powerhouse for oil and gas production, fueling the nation’s economy, supporting high-skilled jobs, and bolstering energy security. But with anti-fossil fuel regulations tightening […]
Continue Reading