This action, announced August 3, 2026, comes roughly three weeks after New York became the first state to impose a temporary statewide moratorium on new hyperscale data centers. It applies to projects seeking to interconnect with the Electric Reliability Council of Texas (ERCOT) system and pauses related transmission planning work, including the “Batch Zero” study. […]
Oil markets swung lower on Tuesday as Qatar and U.S. Treasury Secretary Scott Bessent pointed to advancing mediation efforts aimed at a short-term arrangement between the United States and Iran, centered on reopening the Strait of Hormuz. The chokepoint, which normally handles roughly one-fifth of global oil and LNG supplies, has been heavily disrupted since […]
Natan Shahar, Founder & Chief Strategy Officer of Standard Carbon stops by with solutions. What if the solution to the alleged climate change was hiding in plain sight—literally in the smokestacks of power plants, factories, and boilers around the world? On this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Natan […]
The Bank of England is moving further away from thermal coal. From October 2026, it will no longer accept bonds issued by companies deriving revenue from thermal coal mining as eligible collateral in its lending operations. Commercial banks borrowing from the Bank (including major UK institutions) will not be able to post those bonds. The […]
Saudi Arabia is exporting and producing less oil amid ongoing regional conflicts and shipping disruptions, yet its oil revenues have risen sharply thanks to elevated crude prices. This paradox highlights the resilience of the Kingdom’s energy sector even as capacity constraints, security threats, and infrastructure damage create significant hurdles. In the second quarter of 2026, […]
New York City’s lights increasingly depend on a pair of half-century-old floating power plants that were never meant to run this hard. The Gowanus and Narrows barge-mounted generating stations, moored off Brooklyn in the Upper Bay, serve as the city’s last line of defense against blackouts. As intense heat waves and rising demand strain the […]
For years, the dominant energy narrative has been a single, heavily marketed story: the world is undergoing an inevitable, morally urgent transition away from fossil fuels toward wind, solar, and battery storage. Climate activists, aligned media, and policymakers have framed this as both destiny and imperative. As David Blackmon observed in his August 2, 2026, […]
In the second quarter of 2026, ExxonMobil and Chevron delivered blockbuster earnings, fueled by elevated oil prices stemming from the ongoing Iran conflict and associated supply disruptions in the Middle East, including pressures around the Strait of Hormuz and Red Sea. These results highlight the resilience of the U.S. majors’ integrated portfolios amid geopolitical volatility, […]
Texas ratepayers are on the hook for a $33 billion high-voltage transmission expansion that critics call a classic power grab—funneling guaranteed returns to transmission monopolies, condemning thousands of acres of private land, and primarily enabling more intermittent wind and solar that many of today’s assets won’t economically or physically outlast another decade. The Electric Reliability […]
In late June 2026, President Donald Trump publicly singled out ExxonMobil, Chevron, Shell, and BP, accusing the “big Oil Companies” of failing to lower gasoline prices at the pump in line with falling crude oil costs. In comments to the media and on Truth Social, he argued that with oil prices dropping sharply, Americans should […]
