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HomeInternational News

International News

Global Flaring Surges- A Stark Contrast with U.S. Progress Created by Grok on X
Crude Oil News

Global Flaring Surges: A Stark Contrast with U.S. Progress

July 26, 2025 Clark Savage

In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but […]

Earnings

Volkswagen Cuts 2025 Forecast After U.S. Tariffs Slash €1.3 Bn from Earnings

July 26, 2025 Clark Savage

Volkswagen, Europe’s largest automaker, has revised its financial outlook for 2025 downward following a significant €1.3 billion ($1.5 billion) hit to its first-half earnings attributed primarily to escalated U.S. import tariffs. The company reported a […]

Eni
Earnings

Eni boosts LNG sales in Q2

July 26, 2025 Mariel Alumit

According to its quarterly results report released on Thursday, Eni sold 2.8 bcm (2.1 million tonnes of LNG) in the second quarter of this year. Quarterly LNG sales rose 27 percent compared to 2.7 bcm in […]

TotalEnergies
Big Oil Companies

TotalEnergies working on Mozambique LNG restart, CEO says

July 25, 2025 Mariel Alumit

“On Mozambique, I’ll be clear, we are working, you know it’s a major project, and I would say we are working in order to ensure a very strong alignment between the government of Mozambique and […]

Russia
Crude Oil News

Russia temporarily halts Black Sea oil loadings amid sweeping port security crackdown

July 25, 2025 Mariel Alumit

Reuters reported yesterday that Russia has imposed a sudden halt on foreign oil tanker loadings at its key Black Sea export hubs, citing a new port security decree that requires Federal Security Service (FSB) clearance […]

Mozambique
Big Oil Companies

ENI’s Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds

July 25, 2025 Clark Savage

Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]

Ireland
AI

Amazon Scraps New Irish AI Facility Amid Power Grid Shortfall

July 25, 2025 Clark Savage

In a significant setback for Ireland’s ambitions as a European hub for tech and data centers, Amazon Web Services (AWS) has canceled plans for a €300 million server rack manufacturing plant in Dublin’s Ballycoolin industrial […]

BP Appoints New Chairman with Experience of Relocation to New YorkBP to Cut 6,000 Jobs in Another Business Review
Big Oil Companies

BP Plans to Exit $36 Billion Green Hydrogen Project in Australia

July 24, 2025 Clark Savage

In a significant shift that underscores the challenges facing the renewable energy sector, BP Plc has announced its intention to exit the Australian Renewable Energy Hub (AREH), a massive $36 billion green hydrogen production project. […]

How It’s Done - The US finally gets serious about rare earth metals.
Critical Minerals

How It’s Done – The US finally gets serious about rare earth metals.

July 24, 2025 Clark Savage

ENB Pub Note: This article is from Doomberg’s Substack, and we highly recommend subscribing to get all of his great content. He has been a top guest on the Energy News Beat Podcast and is […]

Big Oil Companies

Equinor, Shell, BP News Illustrates the Failing Energy Transition

July 24, 2025 Clark Savage

This article is from David Blackmon’s Substack, and we highly recommend you follow him. His spot on his analysis of the oil majors and their move away from ‘renewables”. And brings up the other topic […]

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