With roughly 50 days remaining until the European Union’s full ban on Russian LNG imports takes effect on January 1, 2027, the bloc has already spent more on Russian liquefied natural gas this year than it did in all of 2025. German campaign group Urgewald, analyzing Kpler vessel-tracking data, estimates that EU ports received 12.89 […]
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Four tankers that left Russia declaring U.S. destinations have turned away, the Wall Street Journal reports. Two are headed to Brazil, one has reached Egypt, and the fourth was listed for South America in Kpler data cited by the Journal on Nov. 10. No barrels have landed here. Diesel is still $6.13 a gallon — […]
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For years, “energy security starts at home” served as a catchy talking point in policy debates. The Iran war and the resulting disruptions around the Strait of Hormuz, combined with the 2026 midterm “blue wave,” have turned it into a practical requirement for businesses, investors, grid operators, and voters. Reliability, affordability, and deliverable supply now […]
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New Jersey Governor Mikie Sherrill has formally warned the state’s port and terminal operators against accepting Russian diesel cargoes authorized under a Trump administration deal, arguing the imports violate a 2022 federal statute and could expose businesses and individuals to substantial civil and criminal penalties. In a November 2 letter to operators, Sherrill stated that […]
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The United States has solidified its position as Europe’s top crude oil supplier. According to Eurostat data highlighted in a recent analysis by commodity markets observer Jack Prandelli, the US accounted for 18.8% of the EU’s petroleum oil imports by value in the second quarter of 2026. That marked a rise from 15.1% in 2025 […]
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Japan is on track to reclaim the title of the world’s largest liquefied natural gas (LNG) importer in 2026 for the first time since 2022, narrowly ahead of China. Analysts at ICIS and Kpler both forecast a slim Japanese lead driven by weak Chinese spot buying amid high prices, full storage, and structural shifts toward […]
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On the night of October 30–31, 2026, Ukrainian long-range drones struck the Bashneft refining complex in Ufa, in Russia’s Republic of Bashkortostan, roughly 1,400–1,600 kilometers from the front lines. The attack came as Russian forces simultaneously hit Ukrainian energy infrastructure, leaving hundreds of thousands of households without power as winter approaches.BloombergKyivpost Bloomberg reported that Ukraine […]
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Moscow says three cargoes are on the water under the Trump-Putin diesel deal. Diesel is $6.34 a gallon, up $2.70 in a year, and Russia’s drone-battered refineries are the real bottleneck. Why Russia has so little to sell Russia has about 6.5 million barrels a day of installed refining capacity across 32 major refineries, but […]
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ENB Pub Note: An interesting article from Andrew Korybko’s Substack newsletter. With Russia and Ukraine potentially interested in finally ending the war, this could be a bright spot. Doing business with Ukraine and Russia rather than bombing each other. Although Putin might agree to some trade-offs in Ukraine as the quid pro quo for these […]
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ENB Pub Note: Since we are in the mood to poke people who don’t do their research, this one popped up. This article first appeared in Andrew Korybko’s newsletter and has an interesting idea on how to unfreeze Russian Assets, and poke the EU. After what Zelensky has been doing to his people, and what […]
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