ENB Pub Note: This article was originally published on Bison Insights by Josh Young. We highly recommend subscribing to his Substack at Bison Inights. Saudi Aramco recently brought the first phase of its Jafurah gas development online, a $100 billion project that is expected to reach 2 billion cubic feet per day of sustainable production by […]
Continue ReadingThis is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing into gold-backed securities rather than a security based upon nuclear military might. This is a huge change, and when you […]
Continue ReadingIn a striking reversal that underscores the enduring grip of fossil fuels on the global economy, the International Energy Agency (IEA) has updated its forecast, now projecting that oil demand will continue to climb until at least 2050. Under its Current Policies Scenario (CPS), the IEA anticipates global oil consumption reaching 113 million barrels per […]
Continue ReadingWeekly Daily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine […]
Continue ReadingDaily Standup Top Stories Citi Says Russia-Ukraine De-escalation Could Impact Oil to $50, and Oil’s Surplus Is Here—But What’s the Real Story? October 19, 2025 Clark Savage In the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict […]
Continue ReadingIn the volatile world of energy markets, headlines from major financial institutions like Citigroup often grab attention. Recently, Citi analysts suggested that a potential de-escalation in the Russia-Ukraine conflict could drive oil prices down toward $50 per barrel, accelerating an already emerging supply surplus. This comes amid reports of a \”billion-barrel flotilla\” signaling the long-awaited […]
Continue ReadingIn a bold assertion that underscores the ongoing tension between global energy transitions and surging technological demands, Saudi Aramco CEO Amin Nasser declared that fossil fuels, rather than renewables, will be the primary force driving the electricity surge needed for artificial intelligence (AI) and electric vehicles (EVs). Speaking at an industry conference on October 13, […]
Continue ReadingWith a price tag of a total $100 billion, the Jafurah development is described as the largest unconventional gas development outside the United States. Investors in Saudi Aramco’s Jafurah natural gas project have approached a group of lenders to secure $10.3 billion in funding for the project. According to Reuters, BlackRock, via Global Infrastructure Partners, […]
Continue ReadingDaily Standup Top Stories The True Cost of Renewable Energy and the Impact on Consumers\’ Electrical Bills What does the EU, UK and ERCOT have in common? Stu Turley Climate change supporters and their media try to hit Net Zero by 2050, but at what cost – Doug Sheridan August 26, 2025 Clark Savage ENB Pub […]
Continue ReadingIn a strategic move that underscores Saudi Aramco\’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by BlackRock\’s Global Infrastructure Partners (GIP). This deal, announced on August 14, 2025, involves the Jafurah gas processing facilities and is […]
Continue Reading