Day: March 4, 2026

Secretary Burgum Visits Venezuela with Mineral Executives for New Business

Energy News Beat 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 […]

Chevron Warns of Irreversible Harm to California’s Economy and Energy Security in Letter to gov. Newsom

Energy News Beat 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 […]

The Oil and Gas Global Markets Update with David Blackmon and Stu Turley

Energy News Beat This was a wild discussion of the current global oil and gas markets with David Blackmon and Stu Turley. We covered stories from Energy News Beat and David’s Substack. And a shout-out to Urs, one of our readers. We are looking forward to paying for dinner in Cuba. If you only have […]

Gulf Refineries and Terminals Under Fire by Iran: Escalation in the Middle East and Its Ripple Effects on Global Energy Markets

Energy News Beat March 4, 2026 – The Persian Gulf, long a linchpin of global energy security, is now a frontline in an escalating conflict. In the wake of U.S. and Israeli airstrikes on Iranian targets late last month, Iran has launched a series of retaliatory drone and missile attacks on key energy infrastructure across […]

Qatar Shuts Down LNG: What Does This Mean for Global Markets? What should US Investors look for?

Energy News Beat In a stunning development that has sent shockwaves through the energy sector, Qatar—the world’s second-largest exporter of liquefied natural gas (LNG)—has halted all LNG production following Iranian drone strikes on its key facilities at Ras Laffan and Mesaieed. Stu Turley and David Blackmon will be covering this on the Energy News Beat […]

First LNG Tanker Hit in the Mediterranean: Escalation in Shadow Fleet Warfare

Energy News Beat In a dramatic escalation of covert operations targeting Russia’s energy exports, the Arctic Metagaz, a sanctioned Russian LNG tanker, became the first liquefied natural gas carrier to be destroyed in a conflict-related attack on March 3, 2026. The incident unfolded in the Mediterranean Sea between Malta and Libya, marking a new theater […]

Nationwide Gas Prices Jump 11 Cents; California Still Leads with the Highest Gas Prices

Energy News Beat ENB Pub Note: In a sad, but predictable, press conference, Gavin Newsom blames Trump for high gas prices in California. What he fails to mention is that there are two huge factors in Gasoline vs. Diesel. Refineries and the global oil price. Because of his policies, the State of California imports 70% […]