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HomeTop News

Top News

Crude Oil News

Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions

June 16, 2025 Clark Savage

The Middle East is once again at the epicenter of global energy market concerns as tensions between Israel and Iran escalate, raising fears of disruptions to oil and natural gas supplies. Despite recent military strikes […]

Big Oil Companies

Energy News Beat: BP Takeover Speculation Ignites as ADNOC Eyes Gas Assets – Should BP Relocate to the U.S. Before Selling?

June 15, 2025 Clark Savage

The energy world is buzzing with speculation as British oil major BP finds itself at the center of a potential takeover storm. The United Arab Emirates’ state-owned oil giant, Abu Dhabi National Oil Company (ADNOC), […]

Crude Oil News

Is Closing the Strait of Hormuz the ‘Apocalyptic’ Scenario for the Oil Market?

June 14, 2025 Clark Savage

The Strait of Hormuz, a narrow 21-mile-wide passage between Iran and Oman, is the world’s most critical chokepoint for oil and liquefied natural gas (LNG) trade. Often described as the “jugular vein” of global energy, […]

Diesel

Massive Fire at Marathon Oil Refinery in Texas City Sparks Supply Concerns and Consumer Impact

June 14, 2025 Clark Savage

Texas City, Texas – On June 14, 2025, a massive fire erupted at Marathon Petroleum’s Galveston Bay Refinery in Texas City, sending plumes of thick, toxic smoke into the sky and prompting a shelter-in-place order […]

Electric Vehicles

DAVID BLACKMON: Trump Ends Newsom’s Terrible Week By Killing His EV Mandate

June 14, 2025 Clark Savage

ENB Pub Note: This is an outstanding article from the Daily Caller and David Blackmon. We will cover this live on Monday morning on the Energy Realities Podcast. We recommen following David on his Substack, […]

Iranian State Media confirms South Pars hit - Source X
Crude Oil News

Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates

June 14, 2025 Clark Savage

In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated […]

Earnings

Automakers Pivot to Hybrids as EV Sales Lag Behind Expectations – Will the EV market bifurcate into Tesla vs. all the other hybrid manufacturers?

June 14, 2025 Clark Savage

For years, the automotive industry has been electrified by the promise of electric vehicles (EVs), with governments worldwide pushing for a transition away from internal combustion engine (ICE) vehicles through incentives, emissions regulations, and ambitious […]

Crude Oil News

Does OPEC+ Have the Spare Capacity to Cover an Iranian Oil Disruption? Implications for U.S. Consumers and Investors

June 14, 2025 Clark Savage

The Middle East is once again a powder keg, with tensions between Israel and Iran threatening to ignite a crisis in global oil markets. Following Israel’s recent airstrikes on Iranian targets, fears are mounting that […]

leviathan field - ENB
ENB Pub Note

Israel Shuts Down Leviathan Gas Field, Choking Natural Gas Supply to Egypt

June 13, 2025 Clark Savage

In a dramatic escalation of regional tensions, Israel has ordered the immediate shutdown of its Leviathan gas field, the country’s largest energy asset, citing security threats amid ongoing conflict with Iran. This abrupt halt, announced […]

NextDecade
Finance

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

June 13, 2025 Mariel Alumit

In August last year, NextDecade and Bechtel signed a $4.3 billion lump sum turnkey engineering, procurement, and construction (EPC) contract for the construction of the fourth Rio Grande LNG train. NextDecade announced on Thursday that […]

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