The U.S. Energy Information Administration (EIA) has updated its Short-Term Energy Outlook (STEO), forecasting that U.S. crude oil production will average 13.5 million barrels per day (b/d) in both 2025 and 2026. This projection comes […]
Spain’s aggressive push towards renewable energy has brought both environmental benefits and significant challenges to its power grid. Red Electrica, the country’s grid operator, recently warned that sharp voltage swings are putting the power supply […]
In a strategic move to bolster its energy security amid global market volatility, China is accelerating the construction of 11 new oil storage facilities over the next two years. State-owned oil giants such as Sinopec […]
In a significant development for the global energy sector, ExxonMobil is reportedly in advanced talks to re-enter Iraq’s oil industry after a nearly two-year absence. The U.S. energy giant is eyeing the massive Majnoon oil […]
In a significant step toward securing America’s supply chains and reducing reliance on foreign adversaries, the United States has received its first direct shipment of tungsten concentrate from Rwanda. This milestone, achieved through a partnership […]
In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […]
In a significant setback for its renewable energy ambitions, energy giant Shell has announced it will incur a $600 million financial hit in the third quarter of 2025 due to the cancellation of its biofuels […]
ENB Pub Note: We will cover this on the Energy News Beat podcast, Daily Show, and this article came from Doug Sheridan on LinkedIn. I want to add that it seems like, while the Government […]
In a positive signal for investors, energy giant Shell plc has released its third-quarter 2025 trading update, indicating a significant uptick in performance driven by robust trading activities and increased production volumes. The update, released […]
ENB Pub Note: This article from Irina Slav on Oilprice.com is excellent, and we will cover this on our daily standup podcast. OPEC+ has agreed to modest monthly production boosts, keeping oil prices range-bound around […]
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