ENB Pub Note: This is from Andrew Korybko’s Newsletter on Substack, and he is spot on. Zelensky is playing Trump. Even worse, it would be all because of Zelensky’s lust for money and power, not any legitimate reason. Trump’s flip-flop on Ukraine was explained here as being partially due to him responding to the whispers of warmongers […]
In a stunning reversal that has sent shockwaves through global energy markets and geopolitical circles, former President Donald Trump appears to have abandoned his previous calls for a negotiated peace in Ukraine. After a recent meeting with Ukrainian President Volodymyr Zelensky, Trump declared on social media that he considers Ukraine “in a position to fight […]
Global oil and gas majors are increasingly focusing on frontier regions and technically challenging areas to find new conventional oil and gas, driven by shrinking reserves and rising demand. Companies like ExxonMobil, TotalEnergies, Chevron, BP, and Eni are actively acquiring exploration rights and investing in new drilling projects in diverse, high-potential areas, despite varying strategies. […]
ENB Pub Note: As I wrote the other day, “Where’s the Glut like the old commercial Where’s the Beef”, Irina Slav from Oilprice.com brings up some supporting points. And referring to China, that is the wild card. I wrote: Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets?” j […]
In a significant development for regional energy cooperation, Chevron Corporation, the operator of Israel’s Leviathan gas field, has secured approval and finalized agreements to construct a new natural gas pipeline to Egypt. This move is poised to bolster Egypt’s energy security amid its ongoing crisis, while enhancing Israel’s role as a key gas exporter in […]
Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would allow the company to enhance capital and operational efficiencies while unlocking value from one of its surplus facilities. Following the […]
In a surprising turn of events amid ongoing geopolitical tensions, ExxonMobil has taken a bold step toward reclaiming billions in losses from its forced exit from Russia’s Sakhalin-1 oil project. According to recent reports, the U.S. energy giant signed a non-binding agreement with Russia’s state-owned Rosneft in late August or early September 2025, paving the […]
In a bold move that sent shockwaves through global energy markets, U.S. President Donald Trump urged European nations to immediately halt all purchases of Russian energy, including oil and natural gas. This call, renewed amid ongoing geopolitical tensions over Russia’s war in Ukraine, coincided with a rally in oil prices on Tuesday, with ICE Brent […]
Doug Sheridan on LinkedIn writes: Last month we came across the attached series of charts on the Grid Status app. They show continual generation on Ercot for the 30 days ending Aug 4—ie, the middle of the Texas summer. We marked the demand peaks in each chart with green dots, and demand troughs with red […]
Russia’s seaborne crude oil exports have surged to their highest levels in over a year, driven by a combination of increased production and disruptions to domestic refining capacity from Ukrainian drone strikes. According to recent vessel-tracking data, the four-week average shipments reached 3.62 million barrels per day (bpd) in the period ending September 21—the highest […]
