In a move that underscores the relentless squeeze on California’s fossil fuel industry, Valero Energy has confirmed it will proceed with shutting down its Benicia refinery by April 2026, despite last-ditch negotiations with state officials. The 145,000-barrel-per-day facility, a cornerstone of West Coast refining since 1968, falls victim to what Valero cites as an unforgiving […]
Daily Standup Top Stories EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats October 22, 2025 Clark Savage In an escalating tension over global energy trade, the European Union’s push for stringent climate and sustainability regulations has drawn sharp rebukes from major LNG suppliers, the United States, and Qatar. Both […]
In a bold move that underscores the Trump administration’s aggressive strategy to secure America’s supply chains, U.S.-based REAlloys Inc. has inked a groundbreaking Memorandum of Understanding (MoU) with Japan’s government-backed Japan Organization for Metals and Energy Security (JOGMEC). This deal, announced just days after Japan’s historic election of its first female prime minister, ultraconservative Sanae […]
The energy sector is witnessing a transformative shift as artificial intelligence (AI) and data centers drive unprecedented demand for reliable power sources. GE Vernova, a leading player in the natural gas turbine market, is positioning itself at the forefront of this boom. According to CEO Scott Strazik, the company anticipates significant growth in gas turbine […]
In a significant blow to the U.S. offshore wind sector, JERA Nex BP—a joint venture between Japan’s largest power generator JERA and British energy giant BP—has announced plans to halt development of the Beacon Wind project. The decision, revealed on October 22, 2025, comes amid escalating costs and an increasingly hostile political environment under President […]
Overview of Rig Counts The latest data from Baker Hughes indicates that drilling activity in the United States remains relatively stable amid fluctuating oil prices. As of the week ending October 17, 2025, the total U.S. rig count stood at 548, marking an increase of 1 rig from the previous week. This includes 418 oil […]
In the ever-evolving landscape of global energy geopolitics, one truth remains steadfast: Russian oil continues to flow unabated, defying the best efforts of Western sanctions to choke off Moscow’s revenues. Despite intensified pressure from the United States and the European Union, export volumes from Russia show no signs of significant decline. Instead, key buyers like […]
ENB Pub Note: Check out my article this morning EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats. Hat tip to the Nemeth Report for sending this announcement below. Secretary Wright and Minister Al-Kaabi sent a letter today to the Heads of State of European Union Member States, regarding […]
ENB Pub Note: This article from Andrew Korybko’s Newsletter on Substack is again on point. It is interesting to see the LNG import capabilities of Poland really starting to roll in, and I have had the pleasure of talking with CEOs who are involved with the LNG trade. Germany, as well as the EU and […]
In an escalating tension over global energy trade, the European Union’s push for stringent climate and sustainability regulations has drawn sharp rebukes from major LNG suppliers, the United States, and Qatar. Both nations have issued stark warnings that these rules could disrupt vital liquefied natural gas (LNG) supplies to Europe, potentially jeopardizing the continent’s energy […]
