Energy News Beat In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, as recent developments show, this resilience isn’t uniform across the board. It’s all about location: basins with […]
Energy News Beat The U.S. natural gas market is experiencing a bullish surge, with futures prices climbing amid unprecedented liquefied natural gas (LNG) export volumes and storage injections that have fallen short of expectations, signaling tighter supplies heading into winter. As global demand intensifies—particularly from Europe grappling with delayed inventory refills—domestic producers are ramping up […]
Energy News Beat ENB Pub Note: You can’t buy this kind of entertainment. David Blackmon writes another funny article on his Substack. I had to respond and ask, “Who had a greater impact? Would that be Chris Wright as the Secretary of Energy, or was that Bill Gates, the world’s richest Climate Crisis funding and […]
Energy News Beat In a strategic move that underscores the growing role of U.S. energy giants in global markets, ExxonMobil has entered the Greek offshore exploration sector through a farm-in agreement for Block 2 in the northwestern Ionian Sea. This deal, signed with Energean and HELLENiQ ENERGY, grants ExxonMobil a 60% stake in what is […]
Energy News Beat As winter approaches in Europe, the continent is grappling with delayed refilling of natural gas inventories amid surging liquefied natural gas (LNG) shipping rates. This situation is compounded by rising demand for natural gas in electricity generation and ongoing challenges in renewable energy sectors, such as Germany’s wind power issues. These factors […]
Energy News Beat Energy Security starts at home, and Energy Dominance starts with exporting services and energy. We are seeing the world start to wake up to energy security. The levels of natural gas supply vs. imports is a real question for planners. The question is: why take down perfectly good coal plants when China […]
