Energy News Beat The U.S. trade deficit narrowed in April 2026, with exports hitting a record high as surging crude oil and petroleum product shipments more than offset a sharp rise in imports of computers, semiconductors, and telecommunications equipment tied to the AI data center boom. According to data from the Bureau of Economic Analysis […]
Energy News Beat In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil […]
Energy News Beat In a significant sign that Gulf crude is once again finding its way to market, Kuwait is offering at least 4 million barrels of its main export-grade crude to Asian refiners—the first such sales to the region since the Iran war erupted in late February 2026. The volumes are loaded onto two […]
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, […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
