Author: Erick Parel

Russia Slashes Oil Exports As Fuel Shortages And Drone Attacks Cut into Production

Energy News Beat Russia is preparing to sharply reduce its crude oil exports in June, diverting more barrels to the domestic market as refinery disruptions, regional fuel shortages, and persistent Ukrainian drone strikes take a heavy toll on production and logistics. According to preliminary industry and trading data reported by Reuters and cited in OilPrice.com, […]

What it really takes to meet the materialistic demands of the modern world

Energy News Beat ENB Pub Note: This is an article from America Out Loud by two Great energy leaders, Ronald Stein and Dr. Lars Schernikau. Both have been on the Energy News Beat Podcast and are highly recommended to follow.  Electricity demands are growing worldwide, and the unpopular questions around what it truly takes to […]

Texas Gas Drillers Shut Out of Oil Price Rally Turn to Shutting Off Wells

Energy News Beat In the heart of America’s oil boom, a tale of two fuels is unfolding in the Permian Basin. While soaring crude prices fueled by the Iran war have oil producers celebrating record revenues, associated natural gas has become a costly burden. At the Waha Hub—the key pricing point for Permian gas—prices have […]

Iranian Official Says Hormuz to Reopen with New Toll Regime – Would Somebody Tell the Trump Administration They May Not Be Talking with the “Right” People?

Energy News Beat In a statement that underscores the deepening fog of miscommunication between Tehran and Washington, Iran’s Ambassador to Russia, Kazem Jalali, told Russia’s Izvestia newspaper that the Strait of Hormuz will ultimately reopen — but only under new conditions set jointly by Iran and Oman, including transit fees for “services” provided in the […]

New York Just Got a Huge Influx of Clean Power From Canada. It Still Needs More, and Will Canada Cut the Power if They Don’t Agree with Trump?

Energy News Beat New Yorkers woke up to a major milestone in the state’s green energy transition on June 1, 2026: the Champlain Hudson Power Express (CHPE) transmission line began flowing hydroelectric power from Quebec, Canada, directly into Queens. This $6 billion underground and underwater project, developed in partnership with Hydro-Québec, delivers up to 1,250 […]

The Energy Realities Round Table – The global markets are changing permanently

Energy News Beat David Blackmon, Dr. Tammy Nemeth, and Stu were on deck, and we covered Irina Slav’s great Oilprice.com’s great story. The world is changing, and the energy markets are at the center stage. Today David Blackmon was the host accompanied by Stu Turley, and Dr. Tammy Nemeth on the The Nemeth Report. Irina Slav was out, […]

The Iran Closure on the Strait of Hormuz Could Last to Labor Day: What It Means for Global Markets, Oil Prices, and the Physical vs. Paper Disconnect

Energy News Beat The Strait of Hormuz — the narrow waterway through which roughly one-fifth of global oil and significant LNG volumes flow — has remained effectively closed since early March 2026 following the escalation of the U.S.-Israel-Iran conflict. Iran has suspended talks and signaled the blockade could become permanent absent major concessions. In a […]

QatarEnergy Sneaks 9th Known LNG Tanker Through the Strait of Hormuz

Energy News Beat In a striking display of persistence amid one of the most volatile energy chokepoints in the world, QatarEnergy has successfully moved its ninth known LNG cargo out of the Persian Gulf since the Iran conflict erupted in late February 2026. Bloomberg energy reporter Stephen Stapczynski highlighted the latest transit on X today, […]

More Indian Imports Of Venezuelan Oil Wouldn’t Mean That India Is Drifting Away From Russia

Energy News Beat ENB Pub Note: This article is republished from Andrew Korybko’s Newsletter on Substack, and he brings up some great points. That false narrative might still gain traction, however, due to misguided Russian soft power policies. Indian Ministry of External Affairs Secretary (East) Rudrendra Tandon said during Venezuelan President Delcy Rodriguez’s recent visit that there’s “perfect […]

Post-War Oil and LNG Trading Will Look Nothing Like It Does Today

Energy News Beat The global energy markets are in the midst of a historic shock. As the 2026 Strait of Hormuz crisis—triggered by the U.S.-Israel conflict with Iran—enters its fourth month, roughly 20% of the world’s seaborne oil and 20% of LNG flows have been disrupted. Prices spiked above $100 per barrel (peaking near $126), […]