Energy News Beat The U.S. Energy Information Administration forecasts non-OPEC crude oil production to increase by 1.8 million barrels per day this year. OPEC+ has maintained output cuts for three years, reducing its global market share from 53% in 2016 to 47% in 2024. Global crude inventories are shrinking, with OECD stocks falling below the […]
Energy News Beat The Trump administration is intensifying its crackdown on Iranian oil shipments to China. Unlike his first term, Trump’s second presidency is actively using economic and geopolitical pressure. The Trump administration is targeting tankers, brokers, financiers, and shipping hubs that facilitate Iranian oil exports to China. The second presidency of Donald Trump has […]
Energy News Beat Ukraine has rejected a bid by the US to own 50% of the country’s rare earth minerals, as President Volodymyr Zelenskiy seeks to negotiate a better deal, the Financial Times reported. US Treasury Secretary Scott Bessent presented the proposal to Zelenskiy in a draft contract, which was brought to their meeting on Wednesday, NBC reported earlier, […]
Energy News Beat Is the war on coal over? You do not want to miss this episode of the LIVE Energy Realities Podcast on LinkedIn, X, and YouTube. David Blackmon, Tammy Nemeth, Irina Slav, and Stu Turley host a wild topic that we secretly had on our Bingo Cards: “Is the War on Coal Dead?” […]
Energy News Beat ENB Pub Note: Check out the articless on the George McMillian page on how we got here. How will the situation develop if the US president’s efforts to end the war fail? ‘Deal’ – it’s the key word in Donald Trump’s vocabulary and he’s built his career on striking them, but as […]
Energy News Beat It was truly an honor to be on the Crude Truth podcast with Rey Trevino, David Blackmon, and Dr. Ed Ireland. There are two videos below; the first is a short 7-minute part about the Russian/Ukraine war peace talks. The Second video is the full interview from Rey’s YouTube feed with the […]
Energy News Beat China has significantly increased its nuclear energy capacity in the last decade, positioning it to become the world’s largest nuclear energy producer. China is actively developing and deploying advanced nuclear technologies, such as small modular reactors and thorium-fueled reactors, outpacing Western development in these areas. The cost and time required to build […]
Energy News Beat Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restrictions will increase. Exports of synthetic oil from Chevron’s Petropiar project are expected to rise about 50% to about 143,000 barrels a day this […]
Energy News Beat California is home to 9 International airports, 41 Military airports, 3 of the largest shipping ports in America, as well as more than 30 million registered vehicles, all of which cannot operate without imported foreign oil from other nations like Saudi Arabia, Ecuador, Iraq, Columbia, and Russia. Thus, California is a serious […]
Energy News Beat The bloc imported nearly $2 billion worth of the fuel in December, according to data Russian gas purchases by EU member states jumped to nearly €2 billion in the final month of last year, their highest point since early 2023, TASS reported on Monday, citing Eurostat data. The surge occurred ahead of […]
