Author: Erick Parel

Alaska LNG Locks in ConocoPhillips on 30-Year Gas Supply Deal — FID for Phase One Pipeline Now Within Reach

Energy News Beat In a major breakthrough for Alaska’s long-awaited natural gas infrastructure, Glenfarne Alaska LNG announced on May 18, 2026, a 30-year gas sales precedent agreement with ConocoPhillips Alaska. The deal supplies natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project. Combined with existing agreements from ExxonMobil, Hilcorp Alaska, […]

Are Data Centers Driving up Electricity Rates? Who is Responsible?

Energy News Beat Electricity bills are rising across much of the United States, sparking heated debate. With AI fueling explosive data center growth, many point to hyperscale facilities as the culprit behind higher rates. But a new independent analysis from Energy + Environmental Economics (E3), released May 18, 2026, alongside corroborating work from Lawrence Berkeley […]

Iran Launches Bitcoin-Backed “Hormuz Safe” Shipping Insurance for the Strait of Hormuz

Energy News Beat Iran has launched a new state-backed digital maritime insurance platform called “Hormuz Safe” for vessels transiting the Strait of Hormuz, one of the world’s most critical energy chokepoints. The platform accepts Bitcoin and other cryptocurrency payments, allowing instant blockchain-verified coverage in a clear attempt to bypass Western financial systems and sanctions. According […]

Oil Shortage Scenario is Starting to Surface

Energy News Beat The warning signs are flashing brighter than ever. What began as a major supply disruption in the Middle East has rapidly evolved into a tightening global oil market where inventories are being drawn down at a record pace — and critically, not all of those barrels are actually accessible. A new analysis […]

How does Energy Security Fit with Democratic Socialism?

Energy News Beat 9 Big stories on the ENB Standup We had 9 big stories today on the Energy News Beat Channel. We have new trading blocs forming around the world, and where will your country end up? Well, the US will be at the center, and I should ask, where will your state end […]

The data center doomers must be defeated – But not at the cost of our family farms and water

Energy News Beat The Washington Examiner was right on target in its May 16, 2026, editorial: the “data center doomers” — the coalition of socialists, Democrats, and foreign-funded activists pushing moratoriums and fear-mongering — must be defeated. Data centers are the backbone of the AI revolution, national security, economic growth, and America’s edge over China. […]

As Cuba Falls into Darkness, People See How Communism and Socialism Cannot Keep the Lights On

Energy News Beat Havana is literally in the dark. On May 14, 2026, Cuba’s communist Energy and Mines Minister Vicente de la O Levy delivered a stark admission: “We have absolutely no fuel oil, absolutely no diesel.” Power plants sit idle. Blackouts in the capital now stretch 20–22 hours a day, with electricity flickering on […]

Commonwealth LNG Greenlights $13 Billion Export Facility in Louisiana

Energy News Beat Houston, TX – May 17, 2026 – Caturus LLC announced a positive Final Investment Decision (FID) on May 15 for its Commonwealth LNG export facility in Cameron Parish, Louisiana, unlocking full construction on one of the most cost-competitive and efficient LNG projects in the United States. The $13 billion project, backed by […]

Iran Attacks UAE Nuclear Plant: Drone Strike Hits Barakah Facility Amid Escalating Tensions

Energy News Beat In a significant escalation of regional conflict, a drone strike targeted the Barakah Nuclear Power Plant in the UAE’s Al Dhafra region on May 17, 2026. The incident, which sparked a fire in an external electrical generator outside the plant’s inner perimeter, has raised immediate concerns about nuclear safety and energy infrastructure […]

Vietnam’s Largest Refinery Sees ‘Stable’ Operations Through June

Energy News Beat Vietnam’s largest refinery, the Nghi Son Refinery and Petrochemical LLC (NSRP), has confirmed it will maintain stable operations through the end of June 2026. According to a company statement reported by Bloomberg, the facility is actively diversifying its crude oil supply by strengthening cooperation with both domestic and international suppliers across multiple […]