In a notable development for global energy markets amid the ongoing Strait of Hormuz crisis, the Chinese-owned VLCC supertanker Yuan Hua Hu has successfully transited the vital chokepoint and is now en route to China. The passage comes on the heels of high-stakes meetings between U.S. President Donald Trump and Chinese President Xi Jinping in […]
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Saudi Aramco, the world’s largest oil producer, is embarking on its most ambitious privatization and asset monetization drive in its 93-year history. The company aims to raise up to $35 billion by opening midstream, downstream, and non-core assets to Wall Street investors through sale-leaseback deals, minority stake sales, and infrastructure partnerships. This move is explicitly […]
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President Donald Trump’s two-day summit with Chinese President Xi Jinping in Beijing (May 14-15, 2026) delivered a mix of tangible trade deliverables and diplomatic signaling on the Iran war—framed against a backdrop of disrupted global energy flows through the Strait of Hormuz. While no sweeping new trade war truce or grand bargain emerged, both sides […]
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Canada’s manufacturing and industrial base is in freefall under Prime Minister Mark J. Carney’s leadership. A viral X post from @wealthmoose on May 14, 2026, lays out the stark reality with receipts: over $50 billion in planned investments have been canceled, moved, or evaporated in key auto, battery, and manufacturing projects across Ontario and Quebec. […]
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ENB Pub Note: Interesting Article from Andrew Korybko’s Newsletter on Substack. We recommend following him. The Sino-Russo Entente might evolve into a de facto alliance if South Korea and Japan join AUKUS+, the US’ de facto “Asian NATO”, but that risks spooking India into a de facto alliance with the US to counterbalance perceived Chinese […]
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While global oil markets grapple with the fallout from the Strait of Hormuz disruptions and seek a path toward price recovery, one player is quietly rewriting the rules: China. Through years of deliberate, long-range planning, Beijing has transformed its strategic petroleum reserves into a powerful tool for energy security—and, unintentionally or not, a distorting force […]
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In a 218-203 vote on May 13, 2026, the U.S. House of Representatives passed legislation that would greenlight year-round, nationwide sales of E15 gasoline—a blend containing 15% ethanol. This is also part of Big Oil companies and refineries ganging up on smaller refineries, trying to wipe them out. That is also a major point I […]
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Saudi Arabia has delivered a stark update to OPEC: its crude oil production plunged another 651,000 barrels per day (b/d) in April, hitting just 6.316 million b/d—the lowest level since the 1990 Gulf War. According to a monthly report from OPEC’s secretariat obtained by Bloomberg, the kingdom’s output has now fallen a cumulative 42% since […]
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It was a wild day on the Energy News Beat News desk today, and we have John Rich getting into the AI and Data Center rumble in Georgia Power. We love John Rich, and when we saw that he was jumping into the mix, we had to find out what was going on. This is […]
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ENB Pub Note: Just a friendly reminder that we have been tracking a national security issue in California. The following is from Ronald Stein on America Outloud, and we recommend following and subscribing! California is the 4th largest economy in the world and an “ENERGY ISLAND that is isolated from the other 49 States by the […]
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