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 […]
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. […]
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 […]
In a stark indicator of shifting priorities in the US energy sector, clean-energy project cancellations, closures, and scale-backs reached a staggering $22 billion in the first half of 2025. This figure, representing about 17% of […]
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. […]
ENB Pub Note: This is from David Blackmon’s Substack, and he has yet again hit it out of the park. We highly recommend subscribing to David’s work. When the EPA does take the sledgehammer to […]
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 […]
In the ever-evolving landscape of global energy, China’s role as the world’s largest oil importer has long been a cornerstone of market dynamics. However, recent projections suggest a significant shift: China’s oil demand is expected […]
In a surprising turn of events, California officials are scrambling to secure a buyer for Valero Energy’s Benicia refinery, slated for closure in April 2026, according to three anonymous sources familiar with the matter. This […]
In a bold move to strengthen America’s economic position and promote fair trade practices, President Donald Trump announced three new trade agreements on July 22, 2025. These deals, involving Indonesia, the Philippines, and Japan, aim […]
Copyright © 2025 | Sandstone Group