In a bold pivot amid escalating global energy tensions, Russian President Vladimir Putin has signaled a potential full-scale shift of Russia’s natural gas and liquefied natural gas (LNG) exports toward Asia, effectively threatening to cut off remaining supplies to Europe. This move, framed as a preemptive response to the European Union’s planned bans on Russian […]
In a late-night post on Truth Social dated March 13, 2026, President Donald Trump announced that U.S. forces had conducted a major bombing raid on Iran’s Kharg Island, describing it as “one of the most powerful bombing raids in the History of the Middle East.” He emphasized that the strikes “totally obliterated every MILITARY target” […]
As California’s push toward a zero-emissions future accelerates, the state’s petroleum refining sector is undergoing a dramatic transformation. With refinery closures already underway and more potentially on the horizon, California is increasingly dependent on imported refined products to meet its massive fuel demand. This shift raises critical questions about supply stability, price volatility, and broader […]
In the midst of escalating tensions in the Middle East, hedge funds have ramped up their bullish positions on oil to levels not seen since early 2020, betting on sustained supply disruptions from the ongoing U.S.-Israel conflict with Iran. As of late February 2026, just before the strikes intensified, money managers boosted their net-long stance […]
Gavin Newsom has succeeded in taking down the oil and gas market, and this was one of my most important podcasts. Mike Ariza, a refinery expert who has been working in the industry for decades, stopped by the Energy News Beat podcast, and what a show. Mike has been working with several key people in […]
In a landmark move for the U.S. energy sector, Venture Global has announced the Final Investment Decision (FID) and financial close for Phase 2 of its CP2 LNG project in Louisiana. This $8.6 billion financing package pushes the total investment for the entire CP2 facility to $20.7 billion, marking one of the largest project financings […]
This was a fun podcast and is going out on both the Energy News Beat channel and the Crude Truth Podcast Channel with Rey Trevino. Former Prime Minister Liz Truss is a breath of fresh air, and I really enjoyed her answers, and Rey hit it out of the park with some great questions as […]
In a strategic move amid escalating geopolitical tensions, Saudi Arabia is ramping up efforts to bypass the disrupted Strait of Hormuz by utilizing its East-West Pipeline, also known as Petroline. This backup infrastructure allows the kingdom to redirect crude oil from its eastern fields to the Red Sea port of Yanbu, avoiding the chokepoint that’s […]
In a move that underscores the escalating tensions between federal authority and state-level environmental ambitions, the Trump administration has filed a lawsuit against California, targeting the state’s aggressive zero-emission vehicle (ZEV) mandates and greenhouse gas emissions rules. The suit, lodged by the U.S. Department of Transportation against the California Air Resources Board (CARB), argues that […]
A wild day on the Energy News Beat Stand Up. – We even play a short from Former Prime Minister Lizz Truss as I just finished recording her podcasts with Rey Trevinio on a joint podcast with the Crude Truth and Energy News Beat. That episode airs tomorrow, and PM Truss is a class […]
