In a significant development for the energy sector, BlackRock’s Global Infrastructure Partners (GIP) has secured regulatory approval for its over $6 billion acquisition of Allete Inc., a key utility provider based in Duluth, Minnesota. The deal, which will take Allete private, underscores the growing investor interest in utilities amid surging electricity demand from data centers, […]
Weekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […] U.S. Shale […]
The Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in supplying critical fuels to Southern California. As one of the state’s key energy facilities, any disruption here can ripple through regional fuel markets. This update covers the latest on […]
The rapid expansion of artificial intelligence (AI) is reshaping global energy landscapes, with data centers at the epicenter of this transformation. According to recent estimates from Citi, the surge in AI computing demand will necessitate an additional 55 gigawatts (GW) of power capacity worldwide by 2030. This projection aligns with broader industry analyses, such as […]
Copper futures have risen above $10,500 a ton, reaching their highest point since May 2024, driven by investment trends, macroeconomic factors, and a worsening supply outlook. Recent supply disruptions, including a force majeure declaration at Indonesia’s Grasberg mine and operational shutdowns at Peru’s Constancia mine, are significantly tightening the copper market. Growing demand from AI […]
In the ever-volatile world of global energy markets, OPEC+ finds itself once again in the spotlight following fresh leaks from Reuters about its upcoming production strategy. As oil prices hover around multi-month lows amid economic uncertainties and rising non-OPEC supply, the cartel’s internal debates have spilled into the public domain, raising questions about its ability […]
EuropeTankers MarineTraffic / Gianluca Balloni (Boracay under previous name) The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents across northern Europe, according to a Daily Telegraph analysis of AIS tracking. The newspaper reports the vessel was within striking […]
In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA), once hailed as a cornerstone for the banking sector’s push toward carbon emission reductions, has voted to cease operations effective immediately. Established in 2021 under the United Nations’ umbrella, the alliance aimed to align banking portfolios with net-zero emissions by 2050. […]
ENB Pub Note: This is an excellent interview on Stuart Varney, Fox Business, with Secretary Chris Wright on energy dominance. Today on the live podcast with Stu Turley, David Blackmon, and Josh Young, Stu Turley called Secretary Burgum, Zeldin, and Wight the “Three Horsemen of the Energy Dominance Apocolypse”. 1. Energy policy and the debate […]
The UK’s 2019 Net Zero law, once universally praised, is now blamed for high energy costs, industrial closures, and grid inefficiencies. Conservatives have vowed to scrap the 2050 target, while even Labour faces union pressure to roll back on ambitious climate commitments. Britain’s energy crisis highlights a paradox: subsidising idle wind farms, losing industry to […]
