Energy News Beat The European Union’s decision to indefinitely freeze approximately €210 billion ($246 billion) in Russian central bank assets, announced on December 12, 2025, marks a significant escalation in the bloc’s response to Russia’s ongoing war in Ukraine. These assets, primarily held in Belgium through the Euroclear clearinghouse, have been immobilized since early 2022, […]
Energy News Beat In a bold display of defiance against US sanctions, two shadowy supertankers—operating under the pseudonyms “Crag” and “Galaxy 3″—have docked at Venezuela’s Jose port to load nearly 4 million barrels of Merey 16 crude oil destined for Asia. These vessels, part of the infamous “dark fleet” used to evade international restrictions, highlight […]
Energy News Beat In-brief analysis December 12, 2025 EIA forecasts U.S. crude oil production will decrease slightly in 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), December 2025 In our latest Short-Term Energy Outlook, we forecast U.S. crude oil production will average 13.5 million barrels per day (b/d) in 2026, about 100,000 b/d less than […]
Energy News Beat Oil had a weak and volatile year, while natural gas outperformed on the back of LNG approvals, higher breakevens, and emerging data-center demand. Despite price pressure, U.S. E&Ps outperformed expectations, and production is unlikely to decline unless oil approaches the $50 per barrel threshold. Looking ahead to 2026, U.S. shale operators may […]
Energy News Beat ENB Pub Note: This is an outstanding article from the Energy Bad Boys, Mitch Rolling and Isaac Orr, on Substack. We highly recommend subscribing to and supporting them. They bring out some crazy points, and I love the line “Electricity Prices: Elections Have Consequences”. With the Democrats pointing fingers at the Republicans […]
