Author: Stu

Nano Nuclear’s Kronos MMR Advances to Next Regulatory Milestone

NANO Nuclear Energy Inc. (NASDAQ: NNE) has reached a pivotal regulatory milestone for its flagship KRONOS MMR micro modular reactor. On May 20, 2026, the company announced that the U.S. Nuclear Regulatory Commission (NRC) has formally accepted the Construction Permit Application (CPA) for review. This acceptance, following the submission of the CPA on March 31, […]

Guyana’s Oil Boom Gets a Major Boost From Higher Oil Price. And not being in a choke point helps

As global oil prices remain elevated amid geopolitical tensions — including recent spikes tied to Middle East conflicts and risks around the Strait of Hormuz — Guyana’s offshore oil sector is surging ahead. This tiny nation (population under 1 million) is delivering one of the world’s most remarkable energy success stories, proving that energy security […]

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

The global oil market remains on edge as the Strait of Hormuz — the world’s most critical oil chokepoint — stays effectively paralyzed amid the ongoing U.S.-Iran conflict that began in late February 2026. JP Morgan has issued a fresh, more urgent update, warning that the situation could drive Brent crude sharply higher in the […]

Oil Prices Slide as Traders Bet on Diplomacy: When Will Paper Trading Meet Physical Delivery Prices?

Oil markets are experiencing sharp volatility as traders price in hopes of de-escalation between the United States and Iran. July WTI crude futures plunged $4.32 (4.79%) to settle near $85.93 on June 11, 2026, after trading as high as $95.47 earlier in the week. As of June 12, WTI futures hovered around $84.80–$86, down over […]

We will stop the Bombing When you sign the Deal – or until my next mean Tweet – Energy News Beat Stand Up

Special Guest David Blackmon on the Energy News Beat Stand Up. What a day on the EnergyNews Beat News Desk, we have 10 big stories for you, and as we were filming this, President Trump calls off the plans – wow, changed everything. David Blackmon’s Energy Additions Stops by the Energy News Beat Stand Up as we […]

President Trump Announces Plans to Strike Iran Again and Take Control of Kharg Island, Echoing Venezuelan-Style Oil Controls

In a major escalation of the ongoing U.S.-Iran conflict, President Donald Trump has signaled that U.S. forces will strike Iran “VERY HARD TONIGHT” and, in the near future, take control of Iran’s critical oil infrastructure, including Kharg Island. This development draws direct parallels to the administration’s approach in Venezuela and aligns with commentary from energy […]

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so via sharply contrasting […]

Full Story on the Downed Apache – Part of Getting 22 Tankers through the Gulf

In the high-stakes waters of the Strait of Hormuz, where roughly 20% of global oil trade flows daily, a dramatic incident unfolded on June 8-9, 2026, that underscores the unseen military efforts keeping energy markets stable. A U.S. Army AH-64 Apache helicopter was struck by an Iranian Shahed drone, forcing an emergency ditching into the […]

The Strait of Hormuz Standoff Why Paper Oil Prices Don’t Match Reality

Rey Trevino, Pecos Operating Company, and Podcast host for the Crude Truth stopped by the Energy News Beat Podcast. We had a blast filming at the Petroleum Club in Downtown Fort Worth. Hat tip to all of the great people at the Petroleum Club, making it a great place to have business meetings. Follow Rey […]

Texas Gov. Abbott Directs PUC and ERCOT to Shield Texans from Data Center and Infrastructure Costs

AUSTIN, Texas — In a decisive move to protect residential electricity ratepayers amid Texas’s explosive data center boom, Governor Greg Abbott today directed the Public Utility Commission of Texas (PUC) and the Electric Reliability Council of Texas (ERCOT) to ensure that data centers fully fund their own electric infrastructure costs — preventing any of those […]