Iranian missile strikes have inflicted “extensive damage” on Qatar’s Ras Laffan Industrial City, home to the world’s largest LNG export complex and a facility that historically supplied roughly one-fifth of global LNG. QatarEnergy declared force majeure on its entire LNG output following the attacks, with two of 14 production trains damaged and repairs expected to […]
In a sign of cautious optimism across the U.S. energy sector, drillers added oil and natural gas rigs for the second consecutive week — the first back-to-back gains since early February — according to the latest Baker Hughes weekly rig count released Friday. The total number of active rotary rigs climbed by two to 553 […]
In a shocking escalation of the escalating Middle East conflict, Iranian missile and drone strikes have delivered a devastating blow to QatarEnergy’s core operations at Ras Laffan Industrial City — the world’s largest LNG export hub. The attacks have shuttered 17% of Qatar’s LNG production capacity for up to five years, triggering an estimated $20 […]
California’s refining industry — once the backbone of the West Coast’s fuel supply — stands at a make-or-break moment. With just seven refineries still operating as of March 2026, the state is weeks away from the next wave of closures that will slash capacity by another 17–20%. Phillips 66’s Wilmington complex shut down late 2025; […]
America’s energy future is bright—but only if we build the pipelines to deliver it. Surging electricity demand from data centers, AI, manufacturing, and electrification is driving a wave of new natural gas-fired power plants. The U.S. has abundant, low-cost natural gas thanks to the shale revolution. The missing link? Pipeline infrastructure to move that gas […]
What a wild day on the Energy News Beat Stand Up. We have a special guest, David Blackmon, Forbes, Daily Caller, and Substack Author, and we have a blast. Key points: “Secretary Scott Bessent: President Trump is talking about, and to be clear, he has focused on Karg Island since 1988, before the Shaw fell, that […]
In a dramatic escalation of the ongoing Middle East conflict, QatarEnergy — the world’s second-largest exporter of liquefied natural gas (LNG) — has confirmed it will likely invoke force majeure on long-term supply contracts with buyers in Italy, Belgium, South Korea, and China. The move stems from extensive damage to key production facilities at the […]
As the U.S.-Israel conflict with Iran roils global energy markets and pushes benchmark crude above $100 per barrel at times, Treasury Secretary Scott Bessent is wielding sanctions policy like a supply-side tool. With the Strait of Hormuz under pressure and Iranian exports partially disrupted, Bessent has already pulled several levers — temporary Russian oil sanctions […]
The Bureau of Land Management (BLM) opened bids yesterday for the first competitive oil and gas lease sale in the National Petroleum Reserve–Alaska (NPR-A) since 2019 — and the results are stunning. Industry submitted 430 bids on 187 tracts covering approximately 1.335 million acres out of the 5.5 million acres offered across more than 600 […]
Ras Laffan Industrial City, Qatar In a dramatic escalation of the Iran-Israel conflict spilling into the Persian Gulf, QatarEnergy’s flagship Pearl Gas-to-Liquids (GTL) complex — the world’s largest — has been struck and is burning. Satellite thermal imaging from FIRMS (Fire Information for Resource Management System) shows multiple active hot spots across Ras Laffan’s industrial […]
