Germany’s new government under Chancellor Friedrich Merz is taking a hardline stance against any potential reactivation of the Nord Stream gas pipelines, signaling a commitment to geopolitical priorities over economic pragmatism. According to reports from […]
The U.S. oil and gas rig count continues its decline, with Baker Hughes reporting a drop of 7 rigs to 547 for the week ending June 27, 2025, the lowest since October 2021. Oil rigs […]
On June 27, 2025, President Donald J. Trump took to Truth Social to announce a new chapter in the ongoing saga of U.S.-Canada trade relations, signaling a hardline stance on tariffs. “Canada’s been ripping us […]
In a recent opinion piece for The Daily Caller, energy expert David Blackmon highlighted a curious phenomenon: despite Israel’s military actions against Iran starting June 12, 2025, the anticipated oil price spike failed to materialize. […]
Brazil’s energy landscape is undergoing a significant transformation with the recent commissioning of GNA II, the country’s largest gas-fired thermal plant. This milestone is set to boost Brazil’s natural gas consumption, marking a pivotal moment […]
The U.S. Department of Energy (DOE) has delayed plans to replenish the Strategic Petroleum Reserve (SPR) by seven months, pushing back significant repurchasing efforts to mid-2025. This setback, driven by rising oil prices and budgetary […]
In a surprising pivot, the UK government has withdrawn its support for the ambitious $34.4 billion Morocco-UK Power Project, a groundbreaking renewable energy initiative that aimed to deliver solar and wind power from Morocco’s Sahara […]
In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at […]
The Chabahar-Zahedan railway line, a transformative infrastructure project in Iran, is nearing completion, signaling a seismic shift in regional trade dynamics. Spanning approximately 628-750 kilometers, this railway connects Iran’s strategic Chabahar Port on the Gulf […]
Russian forces have seized the village of Shevchenko in eastern Ukraine, a strategically significant location near the Kruta Balka lithium deposit, one of Europe’s largest untapped hard-rock lithium prospects. This development, reported by OilPrice.com on […]
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