Energy News Beat The U.S. Strategic Petroleum Reserve (SPR), the world’s largest emergency crude oil stockpile, is facing serious operational challenges after years of massive drawdowns, deferred maintenance, and mismanagement. One of the four primary storage sites has been left inoperable, equipment purchased with taxpayer dollars was left exposed and unusable, and critical infrastructure repairs […]
Energy News Beat In a forceful move against what he describes as entrenched waste, bias, and politicized science in the energy sector, President Donald Trump has ordered a comprehensive review, suspension, and potential debarment of officials tied to fraudulent climate research and manuals used to justify massive regulatory and litigation costs against American energy producers […]
Energy News Beat In a dramatic adaptation to regional turmoil, Iraq has mobilized thousands of tanker trucks to haul fuel oil—and soon crude—across the border into Syria, rerouting exports to Mediterranean ports like Baniyas. This overland operation stands as a stark paradigm shift from the traditional reliance on massive sea tankers through the Strait of […]
Energy News Beat Europe is facing a perfect storm in the summer of 2026: record early heatwaves clashing with the structural weaknesses of aggressive Net Zero policies. The EU and UK have systematically dismantled reliable baseload power from coal, nuclear, and natural gas, replacing it with intermittent wind and solar—without sufficient storage or flexible backup. […]
Energy News Beat A recent Wall Street Journal report has confirmed that China has effectively put negotiations for the Power of Siberia 2 (PoS2) natural gas pipeline on indefinite hold. This development, highlighted in a July 19 X post by commodities analyst Jack Prandelli, underscores Beijing’s hardball tactics and Russia’s increasingly desperate position in pivoting […]
Energy News Beat In a significant move strengthening U.S. energy ties with Iraq, ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL), the contractor entity overseeing the redevelopment of major oil fields in northern Iraq’s Kirkuk region. BP will retain the remaining 58% majority stake. The deal, […]
Energy News Beat The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high […]
Energy News Beat ENB Pub Note: Personally, we would like to know why it is that farmers go to jail for killing a single eagle that is killing their animals, but windfarms can eviscerate entire flocks. This story first ran on Cowboy State Daily, and we recommend subscribing to them for their great articles. ‘ […]
Energy News Beat This week, the European Union doubled (or tripled) down on its net-zero agenda with a flurry of proposals that critics describe as micro-managed, unrealistic, and dangerously detached from energy system realities. From a sweeping electrification mandate to tweaks in carbon pricing and selective delays on enforcement, Brussels continues to prioritize targets over […]
Energy News Beat Energy News Beat Stand Up – Buckle Up – 10 Huge Stories Welcome to the Energy News Beat Standup, where host Stu Turley breaks down the 10 biggest energy stories reshaping global markets. In this episode, we dive into a world in flux: Russia’s refining capacity is crumbling under Ukrainian drone strikes, […]
