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HomeTop News

Top News

Commodities

China fortifies resource security with strategic mineral, energy reserve gains

October 20, 2024 Stu Turley

China added major gains to its critical mineral reserves and discovered more mineral deposits last year as it ramped up efforts to boost self-reliance and energy security, according to the Ministry of Natural Resources. Increased investment […]

Iran
Crude Oil News

Iran Readies New Oil Outlet To Bypass the Strait of Hormuz

October 20, 2024 Stu Turley

Iran is closer to finding a way to circumvent the crucial Strait of Hormuz when it comes to oil exports. The Jask oil terminal,  officially opened a few years ago, has seen but limited activity […]

Cuba
Electrical Generation / Utilities

Cuba restores power to one-fifth of population after nationwide blackouts

October 20, 2024 Stu Turley

HAVANA, Oct 20 (Reuters) – Cuba’s efforts to restore power to the island were derailed for a third time late on Saturday, Cuban authorities said shortly before midnight, leaving millions in the dark and raising […]

Dark fleet
Crude Oil News

‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 Sanctions

October 19, 2024 Stu Turley

Chinese and Indian oil traders have been responsible for the explosive growth of dark fleet tankers hauling Russian crude to Asia, evading Western sanctions. A new report titled “BRICS+ Energy: Engine of the New World Order” from the Valdai International […]

Downstream

California’s energy dilemma and how new laws might spark even higher gas prices

October 19, 2024 Stu Turley

Governor Gavin Newsom recently signed a law aimed at preventing gas price spikes in California, but experts say the new regulations could have unintended consequences that harm consumers and the industry. The recent closure announcement […]

Climate Crisis

Week Recap: Rising Oil Risks, Inflation, and the Push for Alternative Power

October 19, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Israel-Iran: A strike on oil assets could revive inflation October 12, 2024 Stu Turley When Iran launched a barrage of some 180 ballistic missiles at Israel a week ago — causing little damage or casualties — Israeli Prime […]

Crude Oil News

Gavin Newsom Chases Another Oil Company Out of California

October 18, 2024 Stu Turley

Phillips 66 announced Wednesday that it plans to close operations at its Los Angeles-area refinery late in 2025. The company said in a press statement that it “will work with the state of California to supply fuel […]

Climate Crisis

‘Net Zero’ Will Make Wall Street Richer at Main Street’s Expense – Proven True

October 18, 2024 Stu Turley

ENB Pub Note: This article was originally published in the WSJ opinion section in November 2021, and Joshua Rauh and Mels de Zeeuw made some great points. Green Energy Policies have resulted in the deindustrialization […]

Drilling Activity
Crude Oil News

U.S. Drilling Activity Stumbles As Prices Remain Volatile

October 18, 2024 Mariel Alumit

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 […]

Cuba's power grid
Electrical Generation / Utilities

Cuba’s power grid fails, plunging country into darkness

October 18, 2024 Mariel Alumit

HAVANA/HOUSTON, Oct 18 (Reuters) – Cuba’s national electrical grid shut down on Friday after one of the island’s major power plants failed, Cuba’s energy ministry said, plunging the entire country into a blackout. The Communist-run […]

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