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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Supertankers are racing into the Persian Gulf for record fees, and that single migration is redrawing how crude moves. More than 40 percent of the world’s roughly 850 very large crude carriers are now inside the Gulf or within a couple of days’ sail of it, according to Signal Ocean data cited by Bloomberg. Empty […]
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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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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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Venezuela’s Cardón refinery — the country’s second-largest plant — was fully halted on Tuesday after a gas-line fire and explosions at its diesel hydrotreater. The blaze was brought under control in under an hour with no reported injuries, but PDVSA has not issued a damage assessment or restart timeline. The outage hits an already fragile […]
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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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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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Politicians, Permitting Reform, and the Collapse of Energy Logic In this episode of the Energy Realities podcast, hosts Dr. Tammy Nemeth, Stu Turley, and David Blackmon tackle the rampant contradictions plaguing modern energy policy across North America and beyond. From Massachusetts Governor Maura Healey’s sudden reversal on natural gas pipelines to Canada’s conflicting signals on […]
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ENB Pub Note: This article was originally published in Andrew Korybko’s Newsletter on Substack, and we recommend subscribing. In order to counterbalance the Mainstream Media’s bias, you have to do your own research. Getting local views from individual countries has really helped me see things in a real-world way, as opposed to what the media feeds […]
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