On September 25, 2025, Russia announced plans to extend its gasoline export ban through the end of 2025 and introduce a partial ban on diesel exports targeting non-producers, as reported by Deputy Prime Minister Alexander Novak. These measures aim to stabilize Russia’s domestic fuel market amid shortages triggered by Ukrainian drone attacks on refineries and […]
EPA Secretary Lee Zeldin appeared on Fox with Brian Kilmeade to discuss “Trump Week at the UN.” Unlike the famous Shark Week on Discovery, President Trump went full Truth Bomb on the UK, the EU, and the rest of the world. “The president is absolutely right. And we’ve seen in the name of climate change, […]
ENB Pub Note: And for those Californians, the shadow fleet rust buckets that are prone to leak are the ones delivering 70% of your oil, thanks to Gavin Newsom. Russia’s shadow fleet now accounts for around 17% of all global oil tankers, with hundreds of ageing ships transporting crude to countries like China, India, and […]
New Zealand has reopened for oil and gas exploration, ready to receive applications for exploration projects after a seven-year pause, following the lifting of a ban on such activity installed by the previous government. The country’s government will also accelerate the project approval process in a bid to enhance New Zealand’s energy security, local media […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2025 Note: Total distillate inventories include distillate fuel oil, renewable diesel, and biodiesel inventories. In our September Short-Term Energy Outlook, we forecast U.S. total distillate inventories to end 2025 and 2026 at lower levels than previous years because of significant inventory draws in 2025, strong export demand, and domestic […]
Daily Standup Top Stories Is China’s Debt Bomb About to Explode, and What Is the Impact on Global Markets? September 23, 2025 Clark Savage In a stark admission during a September 2025 press conference, China’s Finance Minister revealed that “every penny we spend is borrowed,” highlighting the precarious state of the nation’s finances. This confession has […]
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 […]
