Author: Erick Parel

Chevron, Eni, and a broader group of firms signed energy agreements in Caracas on September 2, 2026, with U.S. Energy Secretary Chris Wright and acting Venezuelan President Delcy Rodríguez present.

Energy News Beat The pacts target higher crude output from existing and new acreage under Venezuela’s reformed hydrocarbons law, separate from the larger U.S.-backed North American Blue Energy Partners (NABEP) arrangement announced days earlier by President Trump. Wright described the package as “tens of billions” in investments and a “transformation for Venezuela.” Rodríguez credited Trump […]

New Jersey just made plug-in solar panels legal. No roof required.

Energy News Beat New Jersey just made plug-in solar panels legal. No roof required. For renters, condo owners, and anyone whose roof is shaded, leased, or owned by someone else, that is not a slogan. It is a change in the rules.solarpowerworldonline.com On September 1, 2026, Governor Mikie Sherrill signed the Garden State Balcony Solar […]

Energy Addition, Not Transition: Why Politics Is Failing the World

Energy News Beat This was a fun podcast with Mark LaCour, OGGN Podcast Host, and Joe Leather, host of Wind, Waves and Wells. Buckle Up: We Solve the World’s Energy Crisis In a wide-ranging discussion that cuts through the noise of energy policy debates, three industry experts—Joe Leather (HSE Professional and Offshore Wind & Oil […]

Russia’s surprise return to a G20 finance meeting in Asheville, North Carolina, this week laid bare a widening rift.

Energy News Beat European attendees openly scorned the presence of Russian Finance Minister Anton Siluanov, who attended at the invitation of the Trump administration—the first in-person Russian participation since the 2022 invasion of Ukraine. German Vice Chancellor and Finance Minister Lars Klingbeil called the signal “quite troubling” and insisted “you cannot simply return to normality.” […]

Cheniere Finishes Corpus Christi LNG Expansion as Overseas Markets Squeezed

Energy News Beat Cheniere Energy has handed over the last piece of its Corpus Christi Stage 3 expansion just as the global LNG market is being pulled in two directions: Asia bidding hard for cargoes, and Europe trying to refill storage that is running well behind seasonal norms. The timing is not a coincidence. It […]

What Is the Reason for the 1000% Increase in Power costs to Consumers?

Energy News Beat American electricity customers are facing sticker shock that goes far beyond ordinary inflation. In the nation’s largest grid region, PJM Interconnection—serving 65 million people across 13 states and Washington, D.C.—capacity prices have risen from roughly $29 per MW-day in the 2024/2025 auction to $270, then $329–$333 per MW-day in subsequent auctions. That […]

The White House’s August 31, 2026 fact sheet details a landmark oil agreement that grants North American Blue Energy Partners (NABEP) 100-year concessions on 17 Venezuelan fields holding roughly 65 billion barrels of proven reserves.

Energy News Beat The U.S. government receives a 35% equity stake in NABEP’s corporate parent via the Department of War’s Office of Strategic Capital, a guaranteed right to buy 20% of offtake at production cost, and a right of first refusal on the remaining 80%. U.S. governance rights include veto power over board appointments, a […]

UK refineries are being killed off by high carbon costs. How U.S. Blue States are following the same playbook

Energy News Beat Britain’s downstream oil sector is shrinking in real time. Two refineries closed in 2025—Grangemouth in April and Lindsey in August—leaving only four operating sites: Fawley, Humber, Pembroke, and Stanlow. Liquid fuels still account for 47 percent of UK final energy consumption. There are no scalable near-term substitutes for diesel in freight, agriculture, […]

California is handing control of its fuel supply to foreign refineries

Energy News Beat ENB Pub Note: This article first ran on America Outloud by Ronald Stein and Mike Ariza. Both are great energy leaders and have been on the Energy News Beat Podcast. We highly recommend checking out America Outloud and subscribing.  Because California’s transportation fuel market is isolated from the rest of the country, with […]

Energy Markets Seek a Balance – The Energy Realities Roundtable

Energy News Beat Dr. Tammy Nemeth leads the fun discussion with David Blackmon and Stu Turley In this episode of the Energy Realities Podcast, host Dr. Tammy Nemeth brings together energy industry veterans David Blackmon and Stu Turley for an in-depth roundtable discussion on the seismic shifts reshaping global energy markets. From a landmark Venezuelan […]