Prime Minister Mark Carney is moving ahead with a new Canada-EU “alliance” to be launched at the Canada-EU summit in Montreal on October 29-30, 2026. In an October 8 appearance in Sherbrooke, Quebec, he framed the step as advancing the relationship European Commission President Ursula von der Leyen floated on September 16—Canada as the EU’s […]
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India Hits Seven-Year High in Venezuelan Crude as Reliance Loads Up Jamnagar October flows could top 465,000 b/d—the strongest since 2019—while India’s decade-long import reshuffle and its No. 2 global refined-product export role show how discounted heavy barrels still clear through the world’s most complex refineries. India’s Venezuelan crude imports are on track for a […]
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Global energy markets are undergoing a dramatic rebalancing, and most people have no idea what’s happening. While politicians argue about which energy sources to cancel, real-world supply constraints are forcing a reckoning. Ukraine sanctions have wiped out Russian refinery capacity, diesel prices are spiking worldwide, and the U.S. is caught in a policy whiplash China […]
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Heating oil opened the season at $6.04 a gallon, a record in EIA’s weekly data and 70% above last fall. The government expects oil-heated homes to spend 21% more this winter; the state energy-aid directors say closer to 50%. What is driving it, who gets hit hardest, where to find help, and what could still […]
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ENB Pub Note: This article first ran on Doug Sheridan’s LinkedIn, and we highly recommend connecting. Hat Tip to David Blackmon for running on his Substack, and we recommend subscribing there as well, only after subscribing to the Energy News Beat Substack. – Just saying. Five years ago, Mark Carney wanted finance to accelerate […]
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Isaac Orr, Vice President of Research at Always On Energy Research, to discuss a groundbreaking report on how alternative energy mandates are driving up electricity bills across America. The conversation reveals a stark divide between blue and red states in energy affordability and policy effectiveness, exploring how renewable energy requirements in regions with poor solar […]
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On 5 October 2026, members of the Green Party of England and Wales voted at their autumn conference to drop the party’s longstanding blanket opposition to nuclear power. The motion removes nuclear fission from the list of technologies the party had committed to phase out and reclassifies it as a low-carbon option that can be […]
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Record VLCC rates now equal about $33 a barrel — 27 percent of delivered crude — and history shows that energy shocks plus Fed tightening are how demand destruction turns into recession. Especially after the Fed raises rates during an energy crisis, recessions follow. Patterns in finance matter, just like physics matters to the grid. […]
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ENB Pub note: This article first appeared on the Energy News Beat Substack, and we reached out to Peter Clack about appearing on the Energy Realities or Energy News Beat Podcast. If you want to leave a comment, subscribe to the Energy News Beat Substack. The world is running out of easily accessible high-grade ores, […]
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A worldwide diesel crunch, driven by wartime disruptions, is giving fresh political momentum to Brazil’s state oil company Petrobras and its long-debated push for greater domestic refining. The same supply tightness is exposing the United States’ own refining constraints—constraints that have accumulated for decades and are heavily concentrated in states with stricter environmental rules. In […]
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