Day: January 17, 2026

Mitsubishi Enters U.S. Shale With $5.2 Billion Haynesville Gas Deal: What Does This Mean for Investors and Consumers?

Energy News Beat In a landmark move that underscores Japan’s growing commitment to securing its energy future, Mitsubishi Corporation announced on January 16, 2026, its acquisition of Aethon Energy Management’s Haynesville shale gas assets in a deal valued at approximately $5.2 billion in equity, with the Japanese giant also assuming $2.33 billion in net debt […]

Carney’s Canadian Carnage: What He Means By a ‘New…world…order’ – David Blackmon

Energy News Beat ENB Pub Note: This article is from David Blackmon’s Substack, and we highly recommend subscribing and being a paid member. This is a perfect example of the realignment of trading blocs that Stu Turley has been talking about last year. We are in the middle of a total global realignment, and this […]

Why Chevron and Exxon are Holding Their Stock Price Even When Oil is Holding at $60 to $65?

Energy News Beat In the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies’ stock performance. Yet, industry giants Chevron (CVX) and ExxonMobil (XOM) have demonstrated remarkable resilience, with their shares holding […]

U.S. Total Rig Count Down One This Week With Production Also Down

Energy News Beat The U.S. oil and gas industry saw a slight decline in drilling activity this week, with the total rig count dropping by one to 543, according to the latest data from Baker Hughes. This continues a trend of subdued rig additions amid fluctuating commodity prices and market uncertainties. Meanwhile, U.S. crude oil […]