Norway’s energy giant Equinor, a major player in the global oil and gas sector, released its third-quarter 2025 earnings on October 29, revealing a challenging period marked by declining oil prices that weighed heavily on profitability. The company reported a net loss of $204 million, a stark contrast to the $2.285 billion net income in […]
In a bold move that underscores the intertwining of energy ambitions and regional politics, British Petroleum (BP) has activated a massive $25 billion redevelopment project in Iraq’s northern Kirkuk region. This investment, formalized earlier in 2025 and kicked into gear on October 2, isn’t just about extracting crude—it’s a strategic play that could reshape power […]
In a market grappling with tumbling crude prices and an oversupply of oil, major oil companies are aligning with OPEC’s strategy by ramping up production. This week’s earnings reports from industry heavyweights like ExxonMobil, Chevron, Shell, BP, and TotalEnergies are expected to confirm these expansion plans, signaling a push forward despite short-term headwinds. As Brent […]
In a stark reminder of the vulnerabilities in global energy supply chains, the Suez Canal was temporarily blocked early today after a sanctioned oil tanker, part of Russia’s shadowy “dark fleet,” ran aground in the vital waterway. The incident, involving a Hong Kong-owned vessel laden with Russian crude, halted northbound traffic for several hours, disrupting […]
In a significant development for the U.S. energy sector, Wyoming and Basin Electric Power Cooperative have advanced plans to potentially build the first new coal-fired power plant unit in over a decade. On October 27, 2025, the Wyoming Energy Authority (WEA) announced a $4 million matching grant to fund a Front-End Engineering Design (FEED) study […]
In a bold move aligning with the Trump administration’s skepticism toward renewable energy, Health and Human Services Secretary Robert F. Kennedy Jr. has directed the Centers for Disease Control and Prevention (CDC) to investigate the potential harms posed by offshore wind farms. This directive, issued through the Department of Health and Human Services (HHS), specifically […]
ENB Pub Note: The following is an outstanding article from Doug Sheridan on LinkedIn. The only real solution is to throw the UN out of the US and get the US out of the UN. We also need to get legislation in place, as the lawfare against companies bringing low-cost energy to the consumers will […]
As the European Union and its allies intensify sanctions against Russia amid the ongoing conflict in Ukraine, the continent’s energy landscape is undergoing a profound transformation. Europe’s diesel and jet fuel imports are surging toward record levels this October 2025, driven by preparations for winter demand and the impending clampdown on Russian petroleum products. Traders […]
In a landmark move for Iraq’s energy sector, the country has inked its inaugural agreement for a floating liquefied natural gas (LNG) import terminal with U.S.-based Excelerate Energy, Inc. This deal, valued at approximately $450 million, marks Iraq’s entry into the global LNG market and aims to bolster the nation’s energy security amid rising electricity […]
In a high-stakes diplomatic maneuver amid escalating global energy tensions, Hungarian Prime Minister Viktor Orban is scheduled to meet U.S. President Donald Trump in Washington next week to address the impact of new U.S. sanctions on Russian oil and natural gas exports. The discussions come at a critical juncture for Hungary, a landlocked Central European […]
