Energy News Beat Arsenal Resources, a privately held pure-play natural gas explorer and producer focused exclusively on the Marcellus Shale, is exploring strategic options—including a potential sale that could value the company near $1.5 billion—according to sources familiar with the matter. The company has engaged financial advisers to gauge buyer interest, as the Marcellus basin […]
Energy News Beat The ongoing closure of the Strait of Hormuz—now in its seventh week—has triggered the largest oil supply shock in modern history. Roughly 20 million barrels per day (mb/d) of crude and products once flowed through this narrow chokepoint. Today, tanker traffic has collapsed, exports have plunged to a trickle, and Gulf producers […]
Energy News Beat The recent escalation in the Iran conflict — with strikes on energy infrastructure, threats to shipping, and disruptions around the Strait of Hormuz — has done far more than spike oil prices. It has laid bare the world’s true energy demand and the fragility of global supply chains. As Brent crude surged […]
Energy News Beat As energy prices continue to bite households and industry across the West, the UK government under Energy Secretary Ed Miliband has announced a fresh push for up to 10GW of new renewable capacity on public land—brownfield sites, railway land, Ministry of Defense estates, and other government assets. Officials claim this could power […]
Energy News Beat In a decisive move to bolster U.S. energy security amid ongoing supply challenges and geopolitical tensions, President Donald J. Trump signed a Presidential Determination on April 20, 2026, invoking Section 303 of the Defense Production Act (DPA) of 1950 for domestic petroleum production, refining, and logistics capacity. The directive, addressed to the […]
