Weekly Daily Standup Top Stories Joe Biden and Kamala’s Iran Oil Sanctions Failure November 2, 2024 Stu Turley ENB Pub Note: This is an excellent article from Ariel Cohen on the National Interest website. Joe Biden and Kamala Harris’s foreign policies are horrific. They are either incompetdent, corrupt or both. The global failure […] LyondellBasell to Shut […]
Continue ReadingDaily Standup Top Stories EU’s Jorgensen Wants Cheaper Energy, End to Russian Fuel Imports November 5, 2024 Clark Savage Dan Jorgensen is designate for next EU Energy Commissioner Jorgensen unveils his priorities at hearing in EU Parliament Dan Jorgensen, designate as the European Union’s next energy chief, pledged measures to lower prices and end […] Russia’s Oil […]
Continue ReadingDaily Standup Top Stories Why BP’s Elimination Of 2030 Oil Reduction Target Is No Real Surprise October 9, 2024 Stu Turley British oil giant BP continued efforts to adjust its business plans to make itself more competitive with peer companies Monday, announcing it will abandon a goal of reducing its equity oil production by 2030. Originally […] […]
Continue ReadingDaily Standup Top Stories What will happen to oil prices if Israel attacks Iran oil installations? October 6, 2024 Stu Turley If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would likely be a significant increase, driven by concerns over supply disruptions in a region crucial for global oil production. Here’s […] […]
Continue ReadingDaily Standup Top Stories Oil Prices Spike As Iran Sends Volley of 100+ Ballistic Missiles Into Israel October 1, 2024 Stu Turley Iran has fired more than 100 ballistic missiles into Israel, according to the latest reports, after the United States warned Israel this morning that an attack was imminent. Israel had time to move its […]
Continue ReadingDaily Standup Top Stories Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members September 11, 2024 Stu Turley It’s doubtful whether the Gulf of Mexico shutdowns will generate enough momentum to fully reverse the months-long oil price selloff. Back in July, Russia, Iraq and Kazakhstan submitted their compensation plans to the OPEC Secretariat […] Layoffs […]
Continue ReadingDaily Standup Top Stories In Germany, The Green Energy Transition Is Only Getting Worse September 10, 2024 Andy Del Prado Germany is running faster and faster to stay in place. In the meantime, it is destroying its economy. Plenty of virtuous places (New York, California, UK, Australia) want to compete for the mantle of “climate […] Oil […]
Continue ReadingWeekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia in October. The cut is likely due to weaker refining margins in China and the wider Asian region. The decision […]
Continue ReadingDaily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil fuels to renewable energy sources. The reality is that global energy demand growth has consistently outpaced […] Saudi Arabia Expected to […]
Continue ReadingWeekly Daily Standup Top Stories Ford scraps plans for $1.8-billion Oakville EV assembly plant, will retool to make gasoline pickups July 21, 2024 Stu Turley New plan comes after Ford postponed EV plant launch to 2027; those EVs will now be made elsewhere, while Oakville may get an electric pickup later in the decade Ford Motor […]
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