Energy News Beat Global oil inventories are rapidly approaching their lowest level in nearly eight years, according to a new analysis from Goldman Sachs. The investment bank warned that the pace of depletion has become a major concern amid ongoing supply disruptions, particularly restrictions on flows through the Strait of Hormuz. Goldman estimates that total […]
Energy News Beat The Haynesville-Bossier Shale play, long anchored in Northwest Louisiana, is redrawing its boundaries westward into East Texas. Operators are chasing fresh drilling inventory in the Shelby Trough and surrounding counties as core areas mature and Gulf Coast LNG demand surges. Leading the charge are Caturus Energy, Adamas Energy (formerly Aethon Energy), and […]
Energy News Beat The European offshore wind market is experiencing a structural supply constraint as the exit of GE Vernova from new orders leaves Siemens Gamesa and Vestas as the primary suppliers for the region. Turbine selling prices have increased by 40% to 45% since 2020, a surge that outpaces manufacturing cost inflation and reflects […]
Energy News Beat In a sharp rebuke of European and UK energy policies, British billionaire Sir Jim Ratcliffe, founder and chairman of global chemicals giant Ineos, has publicly slammed the continent’s “all over the place” approach to energy as a threat to economic growth, industrial competitiveness, and national security. At the same time, Ineos is […]
Energy News Beat Chris Johnson, President of the American Energy Leadership Institute, stops by the Energy News Beat podcast. What a great conversation, and you will recognize Chris from his many interviews. I have seen him on Mornings with Maria, and he’s all over the map. It is very encouraging to have young leaders trying […]
Energy News Beat Houston, TX – May 6, 2026 – EOG Resources, Inc. (NYSE: EOG) delivered a strong beat on first-quarter 2026 estimates, posting adjusted earnings of $3.41 per share and revenue of $6.92 billion while exceeding production guidance midpoints across oil, NGLs, and natural gas. The company also raised its full-year 2026 oil and […]
Energy News Beat The ongoing conflict in the Middle East — sparked by U.S. and Israeli strikes on Iran in early 2026 — has delivered an unexpected windfall to the Kremlin. Global oil prices surged as threats to the Strait of Hormuz disrupted supplies from the region, pushing benchmark prices above $100 per barrel at […]
Energy News Beat Europe’s natural gas market is once again on the brink of turmoil as traders place aggressive bets that benchmark prices could more than double ahead of the 2026/2027 winter. Options contracts for the October–March delivery period have traded as high as €100 per megawatt-hour (MWh), compared to the current front-month TTF price […]
Energy News Beat ENB Pubnote: This article was run on David Blackmon’s Energy Additions Substack, and we highly recommend subscribing. This morning on Mornings with Maria, Secretary Chris Wright hit it out of the park, and we will have that information out later. California is a self-imposed energy island with a crisis brewing, and Secretary […]
Energy News Beat Oslo, Norway – In a significant move to bolster European energy security, Norway’s Ministry of Energy has approved the reopening of three long-idle North Sea gas fields that were shut down in 1998. The fields—Albuskjell, Vest Ekofisk, and Tommeliten Gamma—are located less than 10 km west of the giant Ekofisk complex […]
