Norway\’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. While Norway is a leader in renewable energy, it continues to invest heavily in oil and gas production, raising concerns about its climate commitments. Norway aims to balance its oil […]
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ENB Pub Note: Michael and I will cover this report from Oilprice.com and other items for a New Year\’s Look into the Energy Markets on Monday\’s Podcast. Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China\’s attempts to stimulate its economy. The gradual […]
Continue ReadingDaily Standup Top Stories High Gas Prices Spell Tough Start to 2025 for European Consumers December 30, 2024 Clark Savage End of Russia-Ukraine transit will add strain to tight market Higher prices set to last longer with futures showing premium European gas prices are up about 45% this year, adding to the burden on households […] Ukraine […]
Continue ReadingDaily Standup Top Stories New York to Force Oil, Gas Companies to Pay Reparations for ‘Climate Change’ Damage December 27, 2024 Clark Savage ENB Pub Note: This is true madness. I will get the bill and cover it on my podcast – this will do nothing for the climate but will hurt New York Consumers. […]
Continue ReadingDaily Standup Top Stories Azerbaijan-brokered deal to keep gas flowing to EU via Ukraine fails December 21, 2024 Clark Savage [[{“value”:” Moscow and Kyiv have failed to agree on a deal brokered by Azerbaijan to continue Russian gas exports to Europe via Ukraine, a senior source at the Azeri energy company SOCAR told Reuters on […] Qatar […]
Continue ReadingDaily Standup Top Stories In protest against LNG export permits, Climate Defiance blocks unused entrance to DOE garage December 16, 2024 Clark Savage The group didn’t provide any information on why they were blocking an unused entrance to the agency’s garage. Radical anti-fossil fuel activist group Climate Defiance on Thursday protested at Energy Department’s Washington, D.C., […]
Continue ReadingWeekly Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained the traction that has been able to achieve. Anyone looking to replace […] The Secretive Oil Shipping Hub Funneling Iranian Crude […]
Continue ReadingDaily Standup Top Stories China Targets Critical Metals in Tit-for-Tat Response to US December 3, 2024 Clark Savage Beijing bans exports of germanium, gallium to American market Move is a swift reply to Biden’s escalation of tech curbs China announced an outright ban on exports of several materials with high-tech and […] OPEC+ Is Firming […]
Continue ReadingDaily Standup Top Stories Traders Become More Bullish on European Diesel as Winter Arrives December 2, 2024 Mariel Alumit Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas prices and colder weather are boosting demand for diesel and gasoil. Traders are becoming more bullish on diesel […] U.S. Enters […]
Continue ReadingDaily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained the traction that has been able to achieve. Anyone looking to replace […] U.N.’s Top Court Weighs Penalties For Countries Defying Climate […]
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