World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]

Continue Reading

Tensions in the Strait of Hormuz force us to reconsider material benefits of fossil fuels

ENB Pub Note: This article was originally posted on America Outloud by Ronald Stein and Yoshihiro Muronaka, and we highly recommend signing up and reading their material.  ________________________________________________________________________________________________________ Recent calls for a more realistic shift from “decarbonization” to “low carbon” suggest that discomfort with ideology-driven climate policy is finally beginning to surface in public debate. […]

Continue Reading

Is Big Oil Back in Vogue?

Daily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]

Continue Reading

California to Examine Amazon Oil Ties Following Pleas from Ecuador’s Indigenous Leaders: A Closer Look at Newsom’s Energy Choices

In a move that has sparked both environmental and energy security debates, California’s state Senate recently introduced a landmark resolution to scrutinize the state’s reliance on crude oil imports from the Amazon, particularly from Ecuador. This decision follows a visit from Indigenous leaders from Ecuador’s Amazon, including Juan Bay, president of the Waorani Nation, Jhajayra […]

Continue Reading