What a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on the Sunday release of the Energy News Beat Stand Up. Stu points out that President Trump needs to pay attention, […]
Continue ReadingIn a major boost for U.S. energy infrastructure and Alaska\’s economy, the Alaska LNG project has secured all necessary federal permits ahead of schedule, paving the way for what could become one of the largest natural gas developments in North America. This milestone, achieved under the Federal Permitting Improvement Steering Council\’s oversight, marks the end […]
Continue ReadingIn a stark indicator of mounting pressures on Russia\’s energy sector, the country\’s oil and gas revenues are projected to plummet by nearly 50% in December 2025, reaching a five-year low of approximately $5.15 billion. This sharp decline caps off a challenging year, with cumulative revenues for the first 11 months of 2025 estimated at […]
Continue ReadingENB Pub Note: This article is a fantastic follow-up to the interview that Stu Turley, Mike Umbro, and Katy Grimes had on the Energy News Beat Podcast on Friday. This is a gigantic Energy Security problem that the Trump Administration is now facing. We will be following this huge crisis, and please follow Katy at […]
Continue ReadingWeekly Daily Standup Top Stories Mike Wirth, Chevron CEO, Believes in the Future of Oil, Gas, and Chevron November 15, 2025 Clark Savage In a landscape where energy markets are grappling with uncertainties around oversupply and the push toward renewables, Chevron CEO Mike Wirth stands firm in his optimism for the oil and gas sector. Speaking […]
Continue ReadingThe world needs trillions of dollars just to meet normal decline curves, and we are tracking the oil and gas businesses\’ returns to investors as consistent compared to renewable energy sources. Consumers and investors want low-cost and reliable energy, and with leaders like Gavin Newsom representing the United States at COP30, we can rest assured […]
Continue ReadingIn a significant move for North America\’s energy landscape, Enbridge Inc. has announced the final investment decision on its Mainline Optimization Phase 1 (MLO1) project, greenlighting a $1.4 billion expansion to enhance the flow of Canadian crude oil to key U.S. refining markets. This update comes as Canadian oil production continues to climb, reaching a […]
Continue ReadingIn a high-stakes diplomatic maneuver amid escalating global energy tensions, Hungarian Prime Minister Viktor Orban is scheduled to meet U.S. President Donald Trump in Washington next week to address the impact of new U.S. sanctions on Russian oil and natural gas exports. The discussions come at a critical juncture for Hungary, a landlocked Central European […]
Continue ReadingIn a significant shift in global energy dynamics, China has overtaken the United States as Canada\’s largest crude oil customer in recent months, largely thanks to the expanded Trans Mountain pipeline (TMX). This development marks a diversification of Canadian energy exports away from near-total reliance on the U.S. market, which has dominated for decades. The […]
Continue ReadingIn a recent escalation of the ongoing conflict between Ukraine and Russia, Ukrainian drones targeted the Orenburg gas processing plant in Russia\’s Orenburg region, one of the country\’s largest facilities. This strike, which occurred overnight, has prompted Kazakhstan\’s energy ministry to closely monitor its oil production, as the plant plays a critical role in processing […]
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