Data source: Bloomberg L.P. Note: Data through November 26, 2025. All crack spreads are calculated against the Dated Brent crude oil spot price. Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on Russia’s crude […]
On a continent rich in untapped hydrocarbon resources, Africa is positioning itself as a prime destination for oil and gas investments amid global energy demand. From legacy producers like Nigeria and Angola to emerging frontiers such as Namibia and Mozambique, African nations are reforming fiscal policies, licensing rounds, and production-sharing agreements to lure international capital. […]
ENB Pub Note: This is another story by David Blackmon, from his Substack. We highly recommend subscribing to his Substack, and we will be covering this on an upcoming podcast. During the latest marathon cabinet meeting on December 2, Energy Secretary Chris Wright made news when he told President Donald Trump that “The biggest determinant […]
In the volatile world of energy markets, where geopolitical tensions and supply chain dynamics can swing prices overnight, the latest data from the U.S. Energy Information Administration (EIA) offers a mixed bag for oil investors. U.S. crude oil inventories have ticked upward in recent weeks, signaling a slight easing of supply tightness—but they’re still lagging […]
In a stark illustration of the petrochemical industry’s deepening woes, ExxonMobil is set to permanently shutter one of its two steam crackers at its sprawling Jurong Island complex in Singapore. The decision, first reported by Reuters and echoed across global energy outlets, marks a pivotal moment for the U.S. energy giant and underscores the seismic […]
Michael Tanner and Stu Turley cover several significant developments in the energy industry. First, they discuss New York’s new “Cap and Invest” program, which will ration and tax fossil fuels. We do not see this as being ineffective and costly for consumers. This will do nothing but drive more people out of New York and […]
ENB Pub Note: This is an excellent article from David Blackmon, which was originally published on Forbes, and backlinks are provided. I will be talking to him about this on an upcoming podcast. As we have discussed on the Energy News Beat Podcast, we are not in an ‘Energy Transition’ with our current technology. Instead, […]
In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley sits down with Nathan Lord, President of Shale Crescent USA, to unpack why Ohio, West Virginia, and Pennsylvania may be the world’s most overlooked manufacturing and energy powerhouse. Nathan explains how the region’s abundant, low-cost natural gas creates a world-class advantage for petrochemicals, […]
ENB Pub Note: This excellent article is from Cfact.org and David Wojick. Stu Turley and Michael Tanner will be covering this on the next Energy News Beat Stand Up. If you don’t see the correlation between high energy costs and Democrat policies, you are not doing your own research and listening only to the mainstream […]
The Energy Reality team from Bulgaria, the US, and the UK had a fun energy discussion at the expense of the COP30 participants. When you get Tammy Nemeth, David Blackmon, Stu Turley, and Irina Slav on a podcast, buckle up, as fun is around the corner. The main topics The Energy Realities Team discussed in […]
