In a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including […]
Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes […]
In a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan’s exclusive economic zone (EEZ), marking a new phase […]
Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty […]
Internal disputes and rivalries, particularly involving Azerbaijan, India, and Russia, are undermining the perceived unity and potential expansion of the Shanghai Cooperation Organization. India reportedly blocked Azerbaijan’s full membership application to the SCO, possibly due […]
Image: EemsEnergyTerminal The FSRU-based LNG import facility in the Dutch port of Eemshaven, owned by Gasunie and Vopak, has reached a new record. During the summer months of June, July, and August this year, EemsEnergyTerminal […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) LNG freight rates fell $5,750 to $28,500 per day, marking the lowest Atlantic rates since April. “Spark25S (Pacific) have fallen less sharply […]
ENB Pub Note: This article from Oilprice.com is an excellent follow-up to my stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped, and Russia Wins in China with […]
Data source: U.S. Energy Information Administration analysis based on International Energy Agency, Global Trade Tracker, and Vortexa Note: LNG=liquefied natural gas. figure data Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal […]
In the race to decarbonize, Spain has emerged as a frontrunner in Europe, boasting one of the continent’s highest shares of renewable energy from solar and wind. By mid-2025, renewables accounted for over 50% of […]
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