The President signed the refining authority in April, and $1 billion has moved to the Energy Department. But ENB found no refinery award; most of the law expires Dec. 11, and the first big new refinery since 1977 is not due until 2028-29. The barrels that could come fastest are restarts and a wider shipping […]
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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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Crude is moving again through the Strait of Hormuz. The fuel Americans actually buy is not. That is the gap David Blackmon flags in his October 7 Forbes piece, “Oil Is Flowing Again But Gasoline, Diesel Prices Aren’t Cooperating,” and the data behind it explain why pump prices remain stuck near records even as headlines […]
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Russell Hardy did not wake up on October 6 and decide to scare a room full of energy executives. He runs Vitol, the biggest independent oil trader on the planet, and he was describing what his people are actually seeing when they try to move barrels. The seven-month war involving the United States, Israel, and […]
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Crude dipped below $98 Tuesday on recovering Middle East exports and a G7 stockpile release, then climbed back to $100. Gasoline is still $4.37 and diesel $6.32. Nearly 20 ship attacks in a month, “scarily thin” inventories and an SPR at a 44-year low say the relief is fragile. On paper, Tuesday looked like relief. […]
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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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Global electricity demand is growing faster than the grids that have to carry it. The constraint is no longer just generation. It is the hardware that steps voltage up and down—large power transformers and the related substation gear—and the industrial base that used to build them. The International Energy Agency’s Electricity 2026 report puts global […]
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NANO Nuclear Energy (NASDAQ: NNE) has taken another concrete step toward vertical integration across the U.S. nuclear fuel cycle. On October 1, 2026, the company and its wholly owned subsidiary HALEU Energy Fuel Inc. signed a definitive asset purchase agreement with Radnostix, Inc. (formerly International Isotopes Inc.) and its subsidiary International Isotopes Fluorine Products, Inc. […]
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ENB Pub Note: This article is from friends of the Energy News Beat podcast, Ronald Stein and Michael Karbowski, on America Outloud. We are looking to get them on the podcast in a few weeks. Currently, we have about 10 interviews going through production and have lots of news rolling. We highly recommend following Ronald […]
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