Author: Stu

Ten counties in the Permian Basin account for 93% of U.S. oil production growth since 2020

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly (total U.S. production) and Enverus (county-level data) Data values: U.S. Field Production of Crude Oil Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (b/d), 93% of which was produced from just 10 counties in Texas and New Mexico. […]

Shanghai Cooperation Organization (SCO) is Rolling This Week with India, Russia, and China

The Shanghai Cooperation Organization (SCO) has kicked off a pivotal summit in Tianjin, China, from August 31 to September 1, 2025, bringing together leaders from across Eurasia to discuss security, trade, and a vision for a multipolar world order. Hosted by Chinese President Xi Jinping, the gathering underscores the deepening ties among member states, particularly […]

Texas Suit vs. Blackrock et al Could Undermine the Trump Energy Agenda – David Blackmon

ENB Pub Note: This article is from the Substack of David Blackmon, and Michael and I will be covering it in tomorrow’s daily standup. We highly recommend following and subscribing to David Blackmon here: https://blackmon.substack.com/ In a move demonstrating that big oil companies aren’t the only targets of energy-related lawsuits, a coalition of state attorneys […]

Poland’s Gaz-System revives plan for second Gdansk FSRU

In November 2023, Gaz-System announced it had not received binding capacity orders at a “sufficient level” to proceed with the implementation of the second Gdansk FSRU. Gaz-System is currently building an FSRU-based terminal in the Gdansk area, designed to allow the supply of up to 6.1 bcma of natural gas from LNG regasification. Are you […]

Cosco Shipping’s LNG fleet continues to grow

Among these vessels, 52 LNG carriers with a total capacity of 8.763 million cubic meters have been put into operation, 35 LNG carriers with a total capacity of 6.285 million cubic meters are under construction, while one 174,000-cbm bareboat chartered vessel has also been put into operation, according to CSET. CSET’s first-half report shows that […]

NextDecade’s Rio Grande LNG secures final FERC approval

The US Federal Energy Regulatory Commission (FERC) has issued its final order for NextDecade’s Rio Grande LNG facility and the accompanying pipeline in Texas. The regulator issued the order on remand on August 29, stating it affirms its earlier determinations that the Rio Grande LNG terminal “is not inconsistent with the public interest”, and the […]

Russia Wins in China with New Pipeline

In a significant development underscoring the deepening energy ties between Russia and China, Presidents Vladimir Putin and Xi Jinping met in Beijing on September 2, 2025, where a breakthrough agreement on the Power of Siberia 2 gas pipeline was announced. This deal marks a pivotal moment for Russia’s energy strategy, allowing it to pivot away […]

Eastern Pacific chemical tanker attacked by the Houthis

X / @army21ye A chemical tanker owned by Idan Ofer’s Eastern Pacific Shipping came under attack from the Houthis yesterday.  The five-year-old, 20,000 dwt Scarlet Ray reported an explosion nearby while underway passing the coastline of Saudi Arabia. No casualties or damage to the ship was reported, with the vessel continuing on its voyage.  “The […]

UK Energy Policies Strain Economy Amid Rising Taxes

Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK Energy […]

Energy Security Starts at Home, and Norway Needs to Look Out for Its Own

In an era where energy demands are skyrocketing and climate change is reshaping weather patterns, Norway stands as a prime example of the vulnerabilities inherent in over-reliance on a single energy source. As Europe’s hydropower giant, Norway has long exported its abundant clean electricity to neighbors like the UK and other EU countries. However, a […]