California, once a pioneer in environmental policy, now finds itself in an energy quagmire of its own making. Skyrocketing electricity prices, frequent blackouts, and a heavy reliance on imported power have become hallmarks of the Golden State’s energy landscape. At the heart of this crisis lies a nearly 50-year-old moratorium on new nuclear power plants, […]
In a development that underscores the mounting vulnerabilities in America’s renewable energy sector, Shannon Wind, LLC—a 204 MW wind farm operating in Clay County, Texas—has filed for Chapter 11 bankruptcy protection. The filing, made on January 25, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas, aims to facilitate a sale of […]
ENB Pub Note: This article is from Andrew Korybko’s Substack newsletter. He has some very interesting points that seem to add up to the geopolitical actions going on right now. This is the grand strategic context within which Russia’s talks with the US and Ukraine are taking place. Casual observers are convinced that Trump […]
In a move that underscores the ongoing consolidation and optimization in the U.S. oil industry, ConocoPhillips (COP) is reportedly exploring the sale of certain assets in the Permian Basin valued at approximately $2 billion. This development, first reported by Bloomberg, comes as the company seeks to streamline its portfolio following a series of major acquisitions. […]
As the energy landscape evolves, Canada’s oil sands sector is buzzing with anticipation. Following a whirlwind 2025 marked by record production, infrastructure expansions, and shifting global demands, industry analysts predict a wave of mega-mergers in 2026. With smaller acquisition targets dwindling after a busy year of deals, larger players are eyeing consolidations to boost efficiency, […]
The oil market in early 2026 has been anything but predictable. What was expected to be a year of oversupply and sluggish prices has instead delivered a surge in volatility, driven by geopolitical flare-ups and unexpected supply disruptions. At the center of this storm is Iran, where escalating tensions with the United States have prompted […]
In a move that echoes the tense standoffs of the Cold War era, a tanker believed to be laden with Russian fuel is steaming toward Cuba, directly challenging the stringent sanctions imposed by U.S. President Donald Trump. The vessel, identified as the Sea Horse, is projected to arrive in early March, potentially providing much-needed relief […]
ENB Pub Note: This article is from Guy Massey on LinkedIn. I have reached out and will try to get him on the Podcast to discuss his viewpoints. In the previous decade data centres have gone from background infrastructure to a primary driver of electricity demand. AI has turned that curve almost vertical. Hyperscalers have […]
In a stunning revelation that underscores the resilience of Russia’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the “Dark Fleet,” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]
The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a decline of 41 rigs compared to the same period last year, when the count stood at 592. This stability comes […]
