Author: Stu

Trans-Caspian Pipeline May Be a New Geopolitical Influencer

As Europe races to eliminate its remaining dependence on Russian natural gas by late 2027, a long-dormant project is suddenly back in the spotlight. The proposed Trans-Caspian Pipeline (TCP) — a roughly 300-kilometer subsea link across the Caspian Sea from Turkmenistan to Azerbaijan — could deliver a significant new source of non-Russian pipeline gas to […]

Enphase Energy Reports Financial Results for the First Quarter of 2026

FREMONT, Calif., April 28, 2026 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the first quarter of 2026, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $282.9 million in the first quarter of 2026, along with 43.9% for non-GAAP […]

Expand Energy Corporation Reports First Quarter 2026 Results

SPRING, Texas, April 28, 2026 (GLOBE NEWSWIRE) — Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy” or the “Company”) today reported first quarter 2026 financial and operating results. Net cash provided by operating activities of $2,402 million, reflecting continued strong cash generation from operations Net income of $1,159 million, or $4.81 per fully diluted share; adjusted net income (1) of $923 million, or $3.83 per […]

Assemblyman Stan Ellis and Mike Ariza Stop by and Talk about California on Empty

California State Assemblyman Stan Ellis and Mike Ariza stop by the Energy News Beat and the Energy Impacts Podcast with Stu Turley and David Blackmon to discuss the critical nature of the energy crisis facing California, which is about to unfold. Assemblyman Ellis, Mike, and Professor Mische have been working to help get the Federal […]

The Energy Transition Replacement Treadmill is Unsustainable

For two decades, governments, corporations, and activists have poured trillions into wind, solar, batteries, and hydrogen as the path to a “clean” energy future. The result? According to U.S. Energy Secretary Chris Wright, the world has spent roughly $10 trillion—yet wind and solar deliver only about 3% of global primary energy consumption. And nobody is […]

US Hydroelectricity in Crisis: The Worst Drought in 1,200 Years Threatens Western Power Generation

A viral video circulating on X (formerly Twitter) from user @lily95075891 highlights the alarming state of Hoover Dam and the Colorado River system, warning of a potential “dead pool” scenario that could endanger water and power for millions of Americans while crippling agriculture. The post, shared amid growing concerns over the Southwest’s megadrought—the worst in […]

NOV Reports Q1 2026 Earnings: Revenue Holds Steady at $2.05 Billion Amid Middle East Disruptions; Management Eyes Multi-Year Capital Equipment Cycle

Houston, TX – April 29, 2026 – NOV Inc. (NYSE: NOV), a leading provider of oilfield equipment and technologies, reported first-quarter 2026 results that reflected resilience in its diversified portfolio despite significant headwinds from the ongoing conflict in the Middle East. Consolidated revenues reached $2.05 billion, a 2% decline from the prior-year period, while net […]

Phillips 66 Beats Q1 Estimates by $.88 Per Share as Refining Margins Surge

Houston-based integrated energy company Phillips 66 (NYSE: PSX) delivered a solid first-quarter 2026 earnings beat, reporting adjusted earnings of $0.49 per share—surpassing Wall Street consensus estimates of a $0.39 per share loss by $0.88. The company posted net income of $207 million, or $0.51 per diluted share on a reported (GAAP) basis. Strong refining operations, […]

US Rig Count Up One this week

Houston, TX – April 29, 2026 – The latest U.S. rotary rig count data shows a modest rebound in drilling activity. According to Baker Hughes, the total U.S. rig count for the week ending April 24, 2026, stands at 544 rigs, up 1 rig week-over-week from 543 the prior week. Oil-directed rigs fell by 3 […]

Farm Bill Amendment Pits Big Refiners Against Smaller Operations. Is It Time to End Ethanol?

A controversial amendment to the 2026 Farm Bill is lighting up Capitol Hill, pitting big refining interests against smaller operations in a classic Washington showdown over the Renewable Fuel Standard (RFS) and ethanol mandates. Rep. Michelle Fischbach (R-MN) introduced Amendment 289, which would force year-round nationwide sales of E15 (15% ethanol gasoline) by aligning its […]