In a stark admission that underscores the fragility of global energy supply, the International Energy Agency (IEA) has revealed that decline rates in mature oil and gas fields are accelerating, putting unprecedented pressure on the industry to ramp up investments just to keep production steady. This report comes amid growing scrutiny of the IEA’s forecasting […]
In an era where energy security is paramount, the United Kingdom’s growing dependence on imported power from neighbors like Norway underscores a harsh reality: true sovereignty over your energy future cannot be outsourced. Interconnectors—those undersea cables linking grids across borders—promise stability but deliver vulnerability. As Norway grapples with domestic unrest over skyrocketing electricity prices fueled […]
New York State’s revenue could feel the impact of the new federal tax law as soon as next year unless it decouples its tax code from federal law, according to a report from State Comptroller Thomas DiNapoli. The “One Big Beautiful Bill Act” President Donald Trump signed earlier this year extends the tax cuts implemented in his first term and […]
U.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d late-2025 to roughly 13.2 mb/d by end-2026 as low prices slow drilling and completions. Previously, we reported that U.S. oil production has […]
In a bold move signaling the oil giant’s pivot toward the electric vehicle (EV) ecosystem, Exxon Mobil Corp. CEO Darren Woods revealed a groundbreaking invention: a new form of synthetic graphite designed to supercharge EV battery performance. Speaking at the University of Texas at Austin’s Energy Symposium on September 12, Woods declared, “We’ve invented a […]
The Truth about Wind Farms – With Meghan Lapp Meghan Lapp has been at the forefront of the Wind Farm Turbulence and issues on the East Coast, and she was just on the Ingram Angle discussing the problems with the offshore wind farms. You won’t want to miss this opportunity to ask David Blackmon, Tammy Nemeth, Irina […]
ENB Pub Note: This article is from the Energy Market Place, and is a good sign that countries are realizing they are in deep trouble with their energy plans. Net Zero and climate crisis policies have severely impacted the industrial capabilities of many countries, prompting them to realize that they risk being replaced or voted […]
Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally Expects […]
Subsea7 Subsea7 has landed a major engineering, procurement, construction, and installation (EPCI) contract from Aramco, covering offshore facilities in Saudi Arabia. The award falls under Subsea7’s long-term agreement (LTA) with the state-owned operator, the Oslo-listed company said. The contract scope includes approximately 106 km of infield and export pipelines, topside modification work, and associated hook-up […]
The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging infrastructure struggles to keep up. Recent blackouts, escalating costs, and regulatory bottlenecks are painting a picture of a system pushed […]
