WTI is hovering near $89 after a sharp September unwind from above $100. Brent is still the more stubborn benchmark, recently trading in the mid-to-high $90s after spending stretches of the month above $100. The market is no longer pricing a clean “Hormuz victory.” It is pricing a split world: more crude is moving again, […]
Continue Reading
Mercedes-Benz is no longer talking about “transformation.” It is talking about survival in Germany. WirtschaftsWoche, citing three people familiar with the talks, reports that Mercedes wants about €800 million in German labor-cost savings — roughly $911 million at current rates. Options on the table include longer hours without extra pay, cuts to holiday and Christmas […]
Continue Reading
On Thursday, September 24, 2026, Bloomberg reported that Oracle sent a force majeure notice to the developer of Project Jupiter — the 1,400-acre AI campus in Doña Ana County, New Mexico — in an effort to defer payments if the facility misses its planned 2028 in-service date. Shares of Oracle fell about 4–5%. Blue Owl […]
Continue Reading
The wind industry is approaching a structural inflection point. Early fleets in Europe and the United Kingdom are aging faster than advertised, composite blade waste is outrunning recycling capacity, and decommissioning liabilities are coming due just as subsidy structures change. Two recent posts by Peter Clack capture the twin problems: rapid performance decay well short […]
Continue Reading
A diesel export ban is the kind of policy that polls well and trades poorly. With the AAA national average at about $6.53 a gallon as of September 22, 2026 — a record — and California well above $8, the political impulse is obvious: keep more barrels at home. That impulse misunderstands how U.S. refining […]
Continue Reading
Ineos, the chemicals giant owned by Sir Jim Ratcliffe, is idling all three of its world-scale acetyls plants in Hull, northern England. The facilities—Europe’s last remaining plants of their kind—produce essential feedstocks for pharmaceuticals, clothing, cosmetics, detergents, construction materials, and military explosives. Two have already stopped production; the third will follow in days. The site […]
Continue Reading
ENB Pub Note: This article first ran on America OutLoud, and we highly recommend reading their publication. Ronald Stein, a great friend of the Energy News Beat Podcast, and Lance Christensen wrote this article on California and the pending crisis. Despite what out-of-state friends and family have said for years, California won’t fall into the […]
Continue Reading
Special Guest Richard Norris Pandreco on the Energy Realities Podcast with Dr. Tammy Nemeth, David Blackmon and Stu Turley In this episode of the Energy Realities podcast, hosts David Blackmon, Stu Turley, and Dr. Tammy Nemeth sit down with Dr. Richard Norris, managing director at Pandrako Advisors and author of the Energy IQ Substack, […]
Continue Reading
The oil market is no longer one price. It is a map. Javier Blas put the new arithmetic on the table in Bloomberg Opinion on September 21: hiring a Very Large Crude Carrier from the Persian Gulf to Asia has jumped twelvefold in a few months to a record $1.1 million a day. Translate that […]
Continue Reading
The National Energy System Operator’s figures put transmission investment at about £64 billion through 2030 and another £89 billion after that—more than £150 billion in all. The Guardian’s mapping of official recommendations points to well over 4,000 miles of new power lines by 2041, plus subsea cables and converter stations to move Scottish and offshore […]
Continue Reading