In the midst of escalating tensions in the Middle East, the Strait of Hormuz— a critical chokepoint for global energy supplies— remains largely impassable for most commercial vessels. As of March 7, 2026, only Iran-linked ships are braving the waters, while hundreds of others linger in limbo, awaiting resolution to a burgeoning insurance crisis. This […]
In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous week’s count of 550, signaling a potential rebound amid surging West Texas Intermediate (WTI) crude prices. The rise comes against […]
In the volatile landscape of global energy markets, oil prices are poised for a significant upward trajectory amid escalating geopolitical tensions in the Middle East. As of March 6, 2026, Brent crude has already surged above $89 per barrel, driven by a confluence of factors including disrupted shipping routes, production halts, and a burgeoning crisis […]
In an era of escalating geopolitical tensions and accelerating climate goals, the global energy landscape is a powder keg of vulnerabilities and opportunities. As of March 2026, the world grapples with surging energy demands from AI data centers, volatile oil prices amid Middle East conflicts, and the uneven push toward net-zero emissions. This article examines […]
ENB Pub Note: This is an outstanding article from Giacomo Prandelli’s Substack “The Merchants News”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscribing to his Substack. Lloyds of London appears to be the holdup now, and […]
ENB Pub Note: This is an outstanding article from Andrew Korybko’s Newsletter on Substack. What he does not mention in the article is that if you tie the Venezuelan pricing controls that Stu Turley expects to be dropped onto Iran, and possibly Iraq, it really starts to show the refining of the global oil markets. […]
This is a huge story, especially considering that natural gas is supplying about 40% of the US grid. Toby Rice, CEO of EQT, really articulates some huge cost savings for consumers. Pipelines matter, and they can support growth while saving money and generating returns for investors. We are reaching out to the EQT team and […]
In a striking sign of tightening global fuel supplies, Exxon Mobil has scheduled its first-ever shipments of gasoline from the U.S. Gulf Coast to Australia, totaling around 600,000 barrels this month. These cargoes, loading from Houston in mid-March aboard medium-range tankers like the Largo Eagle and Nord Ventura, consist mostly of gasoline with some diesel […]
In a significant step toward strengthening U.S.-Venezuela energy and resource ties, U.S. Interior Secretary Doug Burgum arrived in Caracas today for a two-day visit aimed at forging new partnerships in critical minerals and oil production. As chairman of President Donald Trump’s National Energy Dominance Council, Burgum’s trip underscores the Trump administration’s push to revive Venezuela’s […]
ENB Pub Note: This article is from Katy Grimes, the Editor in Chief of the California Globe, and I will be interviewing one of her oil experts next week on this topic on the Energy News Beat Podcast. Chevron just sent a letter to California Governor Gavin Newsom and the California Air Resources Board warning […]
