The White House’s August 31, 2026 fact sheet details a landmark oil agreement that grants North American Blue Energy Partners (NABEP) 100-year concessions on 17 Venezuelan fields holding roughly 65 billion barrels of proven reserves.

The U.S. government receives a 35% equity stake in NABEP’s corporate parent via the Department of War’s Office of Strategic Capital, a guaranteed right to buy 20% of offtake at production cost, and a right of first refusal on the remaining 80%. U.S. governance rights include veto power over board appointments, a requirement that a […]

Continue Reading

Norway Breaks Ranks: The First Crack in Europe’s Net-Zero Facade

ENB Pub Note: This is an outstanding article from Dr. Tammy Nemeth on the Nemeth Report Substack. We highly recommend subscribing!  Norway has punctured the illusion that Europe’s net-zero transition is attainable. At the end of August, Energy Minister Terje Aasland not only declared that Norway as Europe’s “green battery” was “a flawed idea”, but also made clear […]

Continue Reading

“Profound Game-Changer”: Musk Launching New Turbine Blade Factory To Solve Shortage Threatening AI Boom

Elon Musk confirmed on August 29 that SpaceX is bringing the hardest part of the gas-turbine supply chain in-house: casting hot-section blades and vanes at a new foundry in Bastrop, Texas. He called the move “a profound game-changer” because those parts—not the rest of the machine—are what now set the pace of new natural-gas generation […]

Continue Reading

The Everything Shortage: Why Global Supply Chains Are Breaking and What It Means for Energy Markets

The world is short of nearly everything. Shipping routes are under attack, refineries are maxed out, and energy policies have backfired. In this episode, commodities expert Jack Prandelli breaks down the “everything shortage”—the interconnected crises in oil, gas, food, and critical minerals that are reshaping geopolitics and creating the next commodity super-cycle. Discover why diesel […]

Continue Reading