Energy News Beat In a development that echoes broader regional efforts to reduce vulnerability to the Strait of Hormuz chokepoint, ExxonMobil is emerging as a key partner in Iraq’s drive for energy self-sufficiency—particularly by ending its costly and geopolitically sensitive dependence on Iranian natural gas. Iraqi Prime Minister Ali al-Zaidi met directly with ExxonMobil CEO […]
Energy News Beat Riyadh/Dhahran, July 17, 2026 — Saudi Aramco has awarded Halliburton a multi-billion-dollar, multi-year contract for integrated stimulation and completion services supporting unconventional gas development, with a key focus on the massive Jafurah Basin in Saudi Arabia’s Eastern Province. This award underscores Aramco’s aggressive push to scale one of the world’s largest unconventional […]
Energy News Beat Britain’s electricity system is facing intense scrutiny following serious allegations that the National Energy System Operator (NESO) — the body responsible for balancing supply and demand — covered up risks to grid security. Whistleblowers claim that during periods of system stress, senior managers instructed control room staff to hide critical information and […]
Energy News Beat How do the Monroe Doctrine, Energy, and Election Integrity all match up I have been saying that the world is healing, and last night was just a critical step. Last night, July 16, 2026, President Donald Trump delivered a primetime address from the White House East Room focused on election security and […]
Energy News Beat Net Zero Strikes again Energy Secretary Ed Miliband’s push to embed solar panels into every new home under the Future Homes Standard (FHS) is drawing sharp criticism from housebuilders, who argue the policy mandates installations even on roofs that receive little or no meaningful sunlight. The rules, which build on plans originally […]
Energy News Beat Chevron Corp. is set to sign non-binding memorandums of understanding (MOUs) with the Iraqi government on Friday, advancing negotiations for major investments in two of Iraq’s key oil fields while joining efforts to develop pipelines that would allow Iraqi crude exports to bypass the vulnerable Strait of Hormuz. The move signals deepening […]
Energy News Beat A long-dormant shale gas reservoir in Alberta is getting a second life — this time as a promising oil play. Companies are targeting the sandstone layers of the Basel Belly River formation in the Willesden Green area southwest of Edmonton, using modern fracking techniques to unlock light oil in what was historically […]
Energy News Beat Crude oil inventories held at storage facilities in Cushing, Oklahoma, fell below 20 million barrels during the week ending June 19 until the week ending July 10, according to our Weekly Petroleum Status Report. Storage facilities for crude oil and petroleum products require a minimum volume of product in their tanks and pipe […]
Energy News Beat Iraq has suspended crude oil loading operations at all its southern export terminals following a drone incident at the Basra (Basrah) terminal complex in the Persian Gulf. The move affects a significant portion of the country’s exports, which normally average around 3.3–3.6 million barrels per day (bpd) via these facilities (with some […]
Energy News Beat Energy News Beat Channel | July 16, 2026 Pacific Gas and Electric Company (PG&E) has implemented a Public Safety Power Shutoff (PSPS) affecting approximately 7,800 customers across small portions of 10 counties in Northern and Central California. The action, announced on July 14, 2026, began in the afternoon of July 15 as […]
