Day: March 24, 2026

Chevron to Buy Oil from Sable Offshore for Californians

Energy News Beat In a significant boost for California’s energy security and domestic oil supply, Chevron Corp. announced plans to purchase up to 20,000 barrels per day of crude oil from Sable Offshore Corp.’s newly restarted Santa Ynez Unit platforms off the coast of Santa Barbara. The deal, reported today, marks one of the first […]

Iran Gas Flow to Turkey Said to Stop After South Pars Strike

Energy News Beat   Istanbul — Iran has halted all natural gas exports to Turkey following last week’s Israeli strike on the giant South Pars gas field, Bloomberg reported Monday, citing people familiar with the matter. The move marks the latest ripple from the March 18 attack on processing facilities at Asaluyeh, Iran’s key onshore […]

Global Fertilizer Crisis Deepens: Strait of Hormuz Closure, Diesel Shortages, and LNG Disruptions Threaten Agriculture and Food Security

Energy News Beat The global agriculture sector is staring down a perfect storm of fertilizer disruptions, diesel fuel shortages, and skyrocketing energy costs—all triggered by the effective closure of the Strait of Hormuz following the escalation of conflict in the Middle East after “Operation Epic Fury” on February 28, 2026. What began as a geopolitical […]

Refineries Under Attack Globally

Energy News Beat Energy News Beat Special Report – March 2026 Escalating conflicts have turned oil refineries into strategic targets worldwide. Ukrainian drone campaigns continue to hammer Russian facilities, while the 2026 Iran war (U.S.-Israeli strikes on Iran and Iranian retaliation across the Gulf) has triggered widespread damage to refineries, terminals, and related gas infrastructure […]

Valero Port Arthur Refinery Explosion Shuts Down 435,000 b/d Refinery

Energy News Beat Port Arthur, Texas — A powerful explosion rocked Valero Energy’s massive Port Arthur refinery on the evening of March 23, 2026, triggering a shelter-in-place order, a towering plume of black smoke visible for miles, and immediate operational disruptions at the 435,000-barrel-per-day facility. The blast occurred around 6:30 p.m. CDT. Residents across Port […]

America’s superpower is natural gas.

Energy News Beat Secretary Chris Wright at CERAWeek has some critical points. “Using my authorities at DOE, We stopped the closure of 17 gigawatts of coal power plants that were slated to prematurely retire. Winter storm firm that hit 22 states across the eastern half of our country in late January would have caused significant […]