In a move that underscores the ongoing ripple effects of Western sanctions on Russia\’s energy sector, at least one independent Chinese refiner—commonly known as a \”teapot\”—has snapped up Russian ESPO crude at a significant discount. The purchase, made late last week, came at a markdown of $7 to $8 per barrel below the ICE Brent […]
Continue ReadingIn a world increasingly focused on energy transitions and geopolitical tensions, recent projections paint a picture of sustained growth in global oil demand. According to a report from the CNPC Economics and Technology Research Institute, global oil demand is expected to continue rising until peaking in 2040 at 4.8 billion tons, marking a significant upward […]
Continue ReadingDavid Blackmon stops by to talk about his Forbes Article and the Geopolitical Issues we face. Today on the Energy News Beat, Stand up Stu Turley and David Blackmon talk about the critical issues around Data Centers, Venezuela, Chevron, and how investors would react. With an oil platform in the Caspian Sea hit by Ukrainian […]
Continue ReadingKaty Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast. This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant story, “Has California’s Oil and Gas Industry Hit the Point of No Return?” and in that story, she is pointing out […]
Continue ReadingIn a dramatic shift for global energy geopolitics, Venezuela finds itself increasingly isolated as its two primary allies, Russia and China, dial back their support for President Nicolás Maduro\’s regime. This development, highlighted in a recent LinkedIn analysis by energy expert Giacomo Prandelli, comes at a time when U.S. pressure is intensifying, raising questions about […]
Continue ReadingThis is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing into gold-backed securities rather than a security based upon nuclear military might. This is a huge change, and when you […]
Continue ReadingIn the ever-evolving landscape of global energy markets and finance, few concepts have sparked as much debate as the \”petrodollar.\” Coined to describe the system where oil is predominantly priced and traded in U.S. dollars, this arrangement has underpinned American economic dominance for decades. But recent shifts—ranging from Saudi Arabia\’s geopolitical realignments to surging gold […]
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 Loan is a great thing for consumers and the United States It is interesting to see the backlash on the people not supporting the loan to get a nuclear reactor back online, when it is a great business loan. The US Government will make money, while the consumers will be insulated from prices at […]
Continue ReadingENB Pub Note: This article is from The Merchants News Substack by Giacomo Prandelli, and I had an outstanding conversation with him while he was in Switzerland. I love talking to people from around the world about energy. We recommend subscribing to his Substack, and I have scheduled an interview with him on the Energy […]
Continue Reading