CALGARY — In a major step toward diversifying Canadian crude exports, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced on July 2, 2026, plans for a new West Coast oil pipeline capable of transporting 1 million barrels per day (bpd) from Alberta’s oil sands to a deep-water terminal on British Columbia’s southwest coast. […]
The largest U.S. regional transmission organization, PJM Interconnection, escalated emergency measures on July 3, 2026, issuing a federal alert to cut electricity consumption across its vast territory amid generator outages, overloaded high-voltage transmission lines, and surging air-conditioning demand from a prolonged heatwave. PJM, which manages the electric grid for approximately 67 million people, activated demand-response […]
You won’t want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant’s News : https://themerchantsnews.substack.com/ Follow Jack on X @jackprandelli Connect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/ Add Free for our SubStack Subscribers. Jack Prandelli […]
China Merchants Energy Shipping (CMES) is doubling down on Very Large Crude Carriers (VLCCs), signaling strong long-term confidence in global crude oil trade despite short-term market volatility. In a recent Lloyd’s List report, the Chinese shipping giant dismissed a nearly 40% drop in VLCC spot rates since late June 2026 as a temporary distortion, raising […]
Small Modular Reactors (SMRs) are reshaping the nuclear energy landscape with their compact size (typically up to 300 MWe per unit, versus 1,000–1,400 MWe for traditional large reactors), factory-built modular designs, enhanced safety features, and faster deployment potential. These attributes make SMRs ideal for powering data centers, remote communities, industrial sites, and replacing retiring coal […]
Recent analyst predictions of an impending oil glut and sharply lower prices have gained traction amid falling benchmark crude prices and reports of recovering tanker flows through the Strait of Hormuz. However, a closer look at actual oil movements, inventory dynamics, refinery constraints, and exploration activity suggests these calls may be getting ahead of reality. […]
In a landmark achievement for America’s nuclear renaissance, the U.S. Department of Energy (DOE) announced that Deployable Energy’s Unity demonstration reactor successfully achieved criticality on June 30, 2026 (late yesterday), at Idaho National Laboratory (INL). This marks the third DOE-authorized advanced reactor to reach this milestone by the July 4, 2026, deadline set by President […]
This article was first Run on The Energy News Beat Substack. If you would like to make a comment, head over there. There is a pattern that the more political regulatory overreach, innovation, and lower costs to consumers are quashed. From the wood fires that warmed homes and fueled early industry in 1776 to the […]
In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Thomas Land, CEO of Myriad Uranium and J2 Metals, to explore the geopolitical battle reshaping global energy. While China aggressively builds dozens of nuclear reactors to power its AI dominance, the United States remains frozen in time with just 94 reactors—a […]
As the Strait of Hormuz reopens following the mid-June U.S.-Iran ceasefire and sanctions waiver on Iranian oil sales (valid until August 21, 2026), Middle East crude flows are recovering, and tanker traffic is picking up. However, a key market twist has emerged: Asian refiners, who aggressively sourced non-Middle Eastern crude during the disruption, now have […]
