In a move that underscores the escalating tensions in global trade, China has announced expanded export restrictions on rare earth elements and other critical minerals. Effective from December 1, 2025, for materials and immediately for technologies and labor, these measures extend controls beyond raw materials to include intellectual property, extraction technologies, and even barring Chinese […]
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 on the heels of a record-breaking July 2025, when U.S. crude oil output hit an all-time high of 13.6 million […]
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 at risk, echoing the vulnerabilities exposed during the massive blackout in April 2025. These fluctuations, largely attributed to the intermittent […]
Daily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage 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 […] […]
Podcast with Mike Umbro, and David Blackmon This was a fun podcast featuring Mike Umbro of Californians for Energy and Science, along with David Blackmon of the Energy Impacts podcast. We covered some critical points about the total failure of Gavin Newsom’s war on oil and gas, and you have to ask the real question. Did Gavin Newsom […]
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 and CNOOC are leading the effort, aiming to add a combined capacity of approximately 169 million barrels by the end […]
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 field in southern Iraq as its primary target for exploration and development. This move could signal renewed confidence in Iraq’s […]
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 between Rwandan mining firm Trinity Metals and U.S.-based Global Tungsten and Powders (GTP), marks a deliberate effort to diversify sources […]
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 position where any major disruption could send crude prices soaring. As of October 2025, recent decisions to modestly increase output […]
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 plant in Rotterdam. This decision underscores the challenges facing the biofuels sector amid competitive pressures and shifting market dynamics. The […]
