Saudi Aramco ordered the evacuation of its Dhahran headquarters on Thursday, October 22, 2026, directing staff to work remotely after an alarm. Multiple sources, including Bloomberg and Reuters, confirmed the move. It is the first full headquarters evacuation since the U.S.-Israeli war with Iran began in late February 2026.BloombergReuters The headquarters, which includes an operations […]
As of mid-to-late October 2026, U.S. drilling activity shows modest weekly stability or small gains depending on the source, set against a solidly higher year-over-year base. Oil-directed activity continues to dominate; the Permian remains the clear leader, and inventory data point to tighter crude and gasoline stocks alongside a distillate build that still leaves supplies […]
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 […]
This was a fun podcast, and we covered a lot, including Bloom Energy and Neil’s Substack, The AI Grid Report. We highly recommend subscribing. In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Neil Winward, founder of Dakota Ridge Capital and author of the AI Grid Report Substack, to explore […]
Bloom Energy sells on-site fuel-cell power plants to data centers, utilities, and businesses, and markets them as “clean energy.” ENB checked the company’s filings, product specs, and deals against federal data. Bloom’s sales and profits rose sharply in the first half of 2026, and as of the Oct. 21, 2026 close, its stock was up […]
Washington has the authority and a $1 billion DPA fund for refinery projects, and it is talking with shut refineries about restarts. Valero’s idled Benicia plant is part of the talks, but the owner is weighing redevelopment and the state is paying for imports. If you drive in California, you pay for the state’s refinery […]
A mild weather outlook pushed U.S. gas futures to a more-than-two-week low while oil and European gas stayed expensive. Cheaper gas is only part of your bill, and America’s storage cushion is thinner than it looks. Here’s some welcome news as the furnace season starts. U.S. natural gas futures slipped below $3 on Tuesday. The […]
The Venezuelan-owned refiner now expects $7.7 billion to $8 billion in 2026 EBITDA on surging fuel margins. Meanwhile, the court fight over who owns it reaches a federal appeals court today. an arbitration award against Venezuela. On Nov. 25, 2025, Judge Leonard P. Stark approved a $5.9 billion bid from Amber Energy, an affiliate of […]
Gov. Abigail Spanberger ran on lowering energy costs. Her Oct. 19 merger testimony asks for a base-rate freeze and bigger bill credits, plus a zero-carbon data center subsidiary, heat pump and EV rate If you are a Dominion Energy customer, the “typical” bill for 1,000 kilowatt-hours a month was $149.92 in July 2025. On July […]
The global liquefied natural gas (LNG) market is locked in an intensifying bidding contest between Asia and Europe, driven by severe disruptions to Qatari supplies through the Strait of Hormuz amid the US-Iran conflict that began in late February 2026. Spot prices have more than doubled—surging roughly 150% from pre-conflict levels near $10.40 per million […]
