Category: ENB Publisher Picks

IRENA’s 2026 “24/7 Renewables” report documents real hardware cost declines for solar, wind and four-hour batteries and introduces a useful project-level Firm LCOE metric.

Clark Savage133

However, it only captures part of the story. It does not fully capture system-level costs, weather extremes in places like Germany, consumer price outcomes in the West, or end-of-life realities. Those gaps matter when the claim is that firm renewables are already cheaper than new fossil generation and insulated from fuel shocks. Renewable Wind, Solar, […]

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Minister to meet Jaguar Land Rover boss as thousands of job cuts expected due to Net Zero

Clark Savage142

Business Secretary Jonathan Reynolds will meet Jaguar Land Rover chief executive PB Balaji and Unite general secretary Sharon Graham early this week to discuss thousands of expected job cuts at Britain’s largest carmaker. JLR has opened a voluntary redundancy program for salaried and management staff as it targets £1.7 billion in savings over two years. […]

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CENTCOM Destroys 3 IRGC Oil Tankers After Iran Targets 2 U.S. Navy Warships

Clark Savage150

U.S. Central Command struck three Islamic Revolutionary Guard Corps-linked crude oil tankers on September 5 after Iran fired ballistic missiles at two U.S. Navy warships in regional waters. The American ships evaded the attack. No U.S. personnel were harmed. Tehran’s shadow fleet paid the bill. That is the energy war in one exchange: Iran shoots […]

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Labor Day Pain at the Pump across the U.S. The Top 10 Most Expensive Gas States vs. the Top 10 Most Affordable Gas States.

Clark Savage131

The Crude Truth about the Pain at the Pump ENB Pub Note: This article first ran on The Crude Truth Substack, and we recommend subscribing! Americans heading out for Labor Day weekend are paying the highest holiday-weekend gasoline prices on record. AAA’s national regular average closed Friday at $4.1474 a gallon — the first Labor Day […]

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Weekly Rig Report: Baker Hughes Flat at 588, WellDatabase at 601 After a North Dakota Reclass, Enverus Still Running Higher

Clark Savage163

The three major U.S. rig tallies are telling the same structural story and three different weekly headlines. Baker Hughes held unchanged at 588 for a second straight week. WellDatabase printed 601, down 30 week over week but up 23 year over year. Enverus’s GPS-based daily count continues to run well above both weekly censuses, last […]

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Beyond Coal? India, Indonesia, and Vietnam Didn’t Get the Memo. Should Someone Tell Michael Bloomberg That Coal Is Not Quite Dead Yet?

Clark Savage77

Michael Bloomberg has poured more than $1 billion into campaigns to retire coal plants in the United States and globally. In 2019, his philanthropies committed $500 million to the Beyond Carbon effort. In 2021, he launched a drive to close a quarter of the world’s remaining coal plants and cancel all proposed ones by 2025. […]

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Chinese refiners are paying record premiums for Russian ESPO crude as cheap sanctioned barrels from Iran dry up and Venezuelan oil moves onto the open market.

Clark Savage213

November-loading ESPO from Kozmino is trading at more than $7 per barrel over Brent, with some offers to independent refiners reaching $10, according to traders cited by Bloomberg and OilPrice.com. That is a sharp reversal from the deep discounts China extracted for years. ESPO loads on Russia’s Pacific coast and reaches Chinese ports in less […]

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