As artificial intelligence drives explosive demand for reliable, always-on electricity, data center operators are scrambling for carbon-free power that doesn’t require sprawling new transmission lines or prime farmland. One unlikely hero is emerging from America’s oil patch: hundreds of thousands — potentially millions — of abandoned oil and gas wells that can be repurposed for […]
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Europe’s largest new natural gas development is officially underway. In the Black Sea, 160 km off Romania’s coast, drilling has begun on the Neptun Deep project — a landmark initiative that promises to nearly double Romania’s domestic gas output, turn the country into a net exporter, and bolster energy security across Central and Eastern Europe.The […]
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The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]
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ENB Pub Note: This article was run on RealClear Energy by Dan Doyal, who was a guest on the Energy News Beat podcast. This is a great update on New York. We highly recommend Dan and RealClear Energy. Finally, there’s been a counterpunch in New York’s climate politics. A father and son with mineral rights […]
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In a decisive move that underscores its strategic pivot amid ongoing regional tensions and its recent departure from OPEC, the United Arab Emirates is accelerating infrastructure to dramatically expand its oil export capacity, bypassing the Strait of Hormuz. On May 15, 2026, Abu Dhabi’s Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan directed […]
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Canada’s manufacturing and industrial base is in freefall under Prime Minister Mark J. Carney’s leadership. A viral X post from @wealthmoose on May 14, 2026, lays out the stark reality with receipts: over $50 billion in planned investments have been canceled, moved, or evaporated in key auto, battery, and manufacturing projects across Ontario and Quebec. […]
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Saudi Arabia has delivered a stark update to OPEC: its crude oil production plunged another 651,000 barrels per day (b/d) in April, hitting just 6.316 million b/d—the lowest level since the 1990 Gulf War. According to a monthly report from OPEC’s secretariat obtained by Bloomberg, the kingdom’s output has now fallen a cumulative 42% since […]
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The world is facing its most severe oil and gas supply crunch in history, triggered by the ongoing Middle East conflict and prolonged disruptions to flows through the Strait of Hormuz—the chokepoint carrying roughly 20% of global oil. What began in late February as a short-term geopolitical flashpoint has evolved into a structural crisis, with […]
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Australia’s own Treasury has run the numbers on a nightmare escalation of the Iran conflict — and the result is a doomsday scenario that would send global oil prices to $200 a barrel, throw the world economy into chaos, and expose just how fragile Australia’s energy position has become. In its annual budget papers released […]
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Shell is actively exploring the development of Venezuela’s offshore natural gas resources, with plans to route production through Trinidad and Tobago’s existing infrastructure for export as LNG. In a February 2026 earnings call and subsequent Bloomberg TV interview, Shell CEO Wael Sawan confirmed ongoing talks with Venezuela’s government to advance offshore gas projects, specifically targeting […]
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