European benchmark natural gas prices remain near multi-year highs in mid-October 2026, approaching levels last seen at the end of 2022. The Dutch Title Transfer Facility (TTF) front-month contract traded around €86 per megawatt-hour (MWh)—roughly $96.50/MWh—after a sharp rally driven by constrained Middle East LNG supplies and historically low storage heading into winter. Prices have […]
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Berlin is talking to its own energy companies about filling gas storage without the government walking into the market and buying molecules itself. That is the story Bloomberg reported today, and it is the tell that Germany’s summer refill has not gone to plan. Officials have been discussing how Uniper SE and SEFE — both […]
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Italian Prime Minister Giorgia Meloni met Azerbaijani President Ilham Aliyev in Baku on May 4, 2026, and vowed to deepen energy cooperation with Azerbaijan as part of Italy’s broader strategy to secure supplies amid ongoing global disruptions. Meloni described Azerbaijani gas and oil — which currently account for 16% of Italy’s gas imports and 17% […]
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In a stark illustration of mounting pressure on Iran’s oil sector amid the U.S. naval blockade of its ports, Tehran has reactivated a 30-year-old Very Large Crude Carrier (VLCC) that had been languishing in retirement off Kharg Island. The vessel, NASHA (IMO 9079107), built in 1996 and capable of holding approximately 2 million barrels of […]
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A critical energy artery in Central Europe was temporarily disabled in late March 2026, raising fresh concerns about the continent’s fragile post-Russian oil supply chain. The Transalpine Pipeline (TAL), which carries millions of tons of non-Russian crude from the Italian port of Trieste across the Alps to refineries in southern Germany, Austria, and the Czech […]
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As Europe enters the critical summer refill season in April 2026, its natural gas market faces significant headwinds. Underground storage levels are starting from an unusually low base after a harsh winter, compounded by geopolitical disruptions to LNG supply chains—particularly from the Middle East. With refill operations already underway but volumes constrained, the continent is […]
Continue ReadingWeekly Daily Standup Top Stories Trump’s Nuclear Energy Overhaul Sparks Unfounded Alarms over Safety August 3, 2025 Clark Savage In a bold move to revitalize America’s energy sector, President Donald Trump has unveiled ambitious plans to quadruple U.S. nuclear power capacity by 2050, targeting an addition of 300 GW of new nuclear energy. This […] Net Zero […]
Continue ReadingDaily Standup Top Stories Trump Says US to Hike India’s Tariffs Over Russian Oil Buys August 4, 2025 Clark Savage ENB Pub Note: The Bloomberg story below is pointing out that President Trump is planning on “substantially raising the tariff on Indian exports to the US over their buying Russian oil. This is a trap […] Tankers […]
Continue ReadingDaily Standup Top Stories Dutch government scales back offshore wind to preserve fisheries April 29, 2025 Mariel Alumit ENB Pub Note: Focusing on Fishing rather than offshore wind is a good thing. The country is realizing that offshore wind is crippling their fishing industry and not providing the electrical generation that was promised. […] EU’s Green Dream […]
Continue ReadingThe Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish firm Esta. This pipeline, with a capacity of 2.4 million bpd, will support increased exports from Iraq’s southern ports. Turkiye is looking to expand cooperation with Iraq in electricity exports too. Is the Iraq-Türkiye Cooperation Set […]
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