Author: Stu

Ireland Doubles Down on Energy Dependency by Boosting Interconnections with Spain and UK

Ireland has taken another step toward deeper integration with its European neighbors’ electricity grids, signing memorandums of understanding (MoUs) with Spain and the UK to expand interconnection capacity. While officials frame these deals as advances in “energy security” and renewable integration, a closer look at the data reveals a different story: Ireland is doubling down […]

BP’s Stock Runs Past Exxon to Emerge as Top Big-Oil Stock During Iran War

The Iran war that erupted on February 28 has sent oil prices surging past $100 per barrel amid disruptions in the Strait of Hormuz and Persian Gulf supply chains. While the broader energy sector has benefited from the geopolitical shock, not all Big Oil majors have performed equally. BP has emerged as the standout performer […]

Goldman Sachs says Higher for Longer Is the New Reality – We add that it’s not just oil – it is gas, diesel, jet fuel and everything else.

On the Energy News Beat Stand Up, we are covering 9 big stories, and they all have a huge impact on the markets, consumers, and investors. Goldman Sachs validated what we had been writing about, and we also brought up the other downstream products that look to be approaching a critical supply chain breaking point. […]

Goldman Sachs: ‘Higher for Longer’ Is the New Reality

ENB pub Note: This article ran on David Blackmon’s Substack and validates several articles we have published here on Energy News Beat. We recommend subscribing to David’s Substack. David and Stu Turley will be on a Podcast this week with Tim Stewart, President of the US Oil & Gas Association. Six weeks after I wrote […]

U.S. States Are in Full Retreat from Climate Goals as Voters Show Unrest

As recently as April 25, 2026, multiple U.S. states—many of them longtime Democratic strongholds—are quietly scaling back or delaying ambitious climate targets. The driver? Surging energy costs, fading federal support under the current Trump administration, and growing voter pushback over affordability. This retreat, detailed in a timely analysis by OilPrice.com, marks a significant shift from […]

Geothermal Breakthrough Looks to Break Open 150 Gigawatt Energy Revolution – If State and Federal Regulators Can Get Out of the Way

America stands on the cusp of a geothermal energy revolution that could deliver up to 150 gigawatts (GW) of clean, constant, 24/7 baseload power—enough to power tens of millions of homes and slash reliance on intermittent renewables or fossil fuels. The breakthrough? Enhanced Geothermal Systems (EGS), which use advanced drilling techniques borrowed from the oil […]

Crescent Energy (CRGY) Valuation Post Earnings and Expectations

Crescent Energy Company (NYSE: CRGY) continues to solidify its position as a top-10 U.S. independent oil and gas producer, delivering strong free cash flow, disciplined capital allocation, and accretive growth through acquisitions. Following its transformative 2025 M&A activity—including the December 2025 all-stock acquisition of Vital Energy—and robust Q4/full-year 2025 earnings, the company is well-positioned amid […]

Demand Destruction is on the Horizon with a Billion-Barrel Hormuz Oil Shock About to Send Prices Up

As the Iran war enters its third month, the world is staring down the barrel of the largest oil supply disruption in history. The Strait of Hormuz—the chokepoint for roughly one-fifth of global petroleum trade—has been effectively closed to most non-Iranian shipping since early March 2026. Bloomberg’s latest analysis warns that the resulting “billion-barrel oil […]

Baker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Order Surge

Houston-based energy technology leader Baker Hughes (NYSE: BKR) delivered a strong start to 2026, posting first-quarter revenue of $6.59 billion — beating Wall Street estimates by approximately $260 million — driven by a record surge in Industrial & Energy Technology (IET) orders fueled by liquefied natural gas (LNG), power generation, and energy infrastructure demand. The […]

US Energy Exports Hit Records as Energy Markets Shift

U.S. energy exports have surged to unprecedented levels in 2026, driven by global supply disruptions from the ongoing conflict in the Middle East and the effective closure of key Persian Gulf shipping routes. According to The Wall Street Journal, crude oil and petroleum product exports reached a record of nearly 12.9 million barrels per day […]