In a significant sign of cautious normalization amid the ongoing U.S.-Israel-Iran conflict, two Very Large Crude Carriers (VLCCs) and at least two LNG tankers have successfully transited the Strait of Hormuz this week, with cargoes bound for key Asian buyers in China and India. The vessels operated in “dark mode” — transponders switched off to […]
In a notable development underscoring shifting global energy trade flows amid ongoing Middle East tensions, a cargo of crude oil drawn from the U.S. Strategic Petroleum Reserve (SPR) is heading to California for the first time ever, according to ship-tracking firm Kpler. The shipment involves approximately 460,000 barrels of Bayou Choctaw Sweet crude destined for […]
Germany’s electricity market is once again flashing a warning sign about the challenges of its rapid shift to renewables. On Wednesday, day-ahead power prices surged nearly 30% as a European heatwave drove up cooling demand while unusually low wind speeds slashed output from the country’s vast wind fleet. According to data reported by Reuters and […]
Global energy markets have enjoyed an uneasy calm in recent weeks despite the ongoing conflict in Iran and the closure of the Strait of Hormuz. Brent crude has traded in a relatively contained range around $95–110 per barrel rather than exploding past $150 as many initially feared. The reason? China has dramatically slashed its crude […]
The global aluminum market is confronting what analysts describe as one of the largest base metals supply shocks in the post-2000 era. Missile strikes tied to the ongoing conflict in the Middle East have damaged key Gulf smelters, while the closure of the Strait of Hormuz has created severe logistical bottlenecks. The result: a sharp […]
Alaska is experiencing a genuine renaissance in its oil and gas sector. After decades of declining production that saw output fall from a peak of nearly 2 million barrels per day two decades ago to below 600,000 barrels per day in recent years, the state is poised for a significant rebound. Record-breaking lease sales, major […]
ENB Pub Note: This article ran on Andrew Korybko’s SubStack and is worth reading. He brings up some interesting points, and Turkey is out for Turkey and should be watched. The Polish-led “cordon sanitaire” that’s taking shape along Russia’s western borders will connect with the Turkish-led one that’s poised to emerge along its southern borders, thus […]
Wasif Latif, Co-Founder, President & Chief Investment Officer, Sarmaya Partners, stopped by the Energy News Beat Podcast again. This time, we covered current events in the Strait of Hormuz and the impact of the war in Iran. It does not look like they will be going away quietly into the night, and they will want […]
Northern Oil and Gas, Inc. (NYSE: NOG) has taken a significant step into Canada with its first international acquisition. The company announced on May 26, 2026, that it has agreed to acquire a 25% undivided non-operated interest in light-oil producing properties and substantial undeveloped acreage in Alberta’s Duvernay Shale from Parallax Energy Operating Inc. This […]
Stu Turley here from the Energy News Beat Podcast. For years on this show, we’ve been hammering home a core truth: energy policy is destiny. Affordable, reliable, abundant energy drives manufacturing, jobs, investment, and GDP growth. Ideological Net Zero pursuits that ignore reality — spiking costs, killing baseload power, and forcing deindustrialization — deliver the […]
