Daily Standup Top Stories BRICS’ Kazan Declaration Trumps COP29 Climate Blather November 19, 2024 Clark Savage Gathering in the Russian city of Kazan and hosted by that country’s “alienated and sanctioned” leader Vladimir Putin, the heads of some of the world’s most powerful nations made clear that the so-called climate emergency […] Saudi Arabia Resists Renewing Fossil […]
Continue ReadingDaily Standup Top Stories Oil Prices Spike As Iran Sends Volley of 100+ Ballistic Missiles Into Israel October 1, 2024 Stu Turley Iran has fired more than 100 ballistic missiles into Israel, according to the latest reports, after the United States warned Israel this morning that an attack was imminent. Israel had time to move its […]
Continue ReadingDaily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […] Relying on electricity interconnectors […]
Continue ReadingWeekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia in October. The cut is likely due to weaker refining margins in China and the wider Asian region. The decision […]
Continue ReadingDaily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil fuels to renewable energy sources. The reality is that global energy demand growth has consistently outpaced […] Saudi Arabia Expected to […]
Continue ReadingDaily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even considered renewable nor sustainable as they require oil and gas to even exisit. Renewable energy’s share of […] Visualizing the […]
Continue ReadingDaily Standup Top Stories We’re Burning More Climate-Warming Coal Than Ever. Why? August 12, 2024 Stu Turley There’s little doubt that avoiding the most dire effects of climate change requires phasing out power stations that burn coal, the biggest source of carbon dioxide emissions. Yet the opposite is happening. Even as temperatures […] India’s Oil Ministry Wants […]
Continue ReadingDaily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday that blocks the Biden administration’s ban on new exports of liquefied natural gas (LNG) following a challenge by a group of more […]
Continue ReadingWeekly Daily Standup Top Stories New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer June 9, 2024 Stu Turley New Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The […]
Continue ReadingDaily Standup Top Stories The Myth of the Inevitable Rise of a Petroyuan June 11, 2024 Stu Turley In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […] Don’t Bet Against […]
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