Energy News Beat On August 18, 2026, Evolution announced a definitive agreement to acquire mineral, royalty, and overriding royalty interests spanning approximately 3,420 net royalty acres (NRA) across 152 tracts in Reagan, Upton, Glasscock, Midland, and Martin Counties, Texas, from a non-affiliated private seller. The purchase price is approximately $16 million in cash, subject to […]
Energy News Beat South Bow Corp. (TSX/NYSE: SOBO) shares rose on August 19, 2026, marking their strongest one-day advance in more than a month, after U.S. President Donald Trump publicly suggested a revival of the long-canceled Keystone XL pipeline project. In a Truth Social post, Trump announced a three-day pause on planned 50% tariffs on […]
Energy News Beat Steven Wang, CEO of Jackery Americas, stops by the Energy News Beat Podcast There are way too many warning signs across the globe and in the US. We have a real treat with Steven Wang, CEO of Jackery Americas, talking about solutions and what’s around the corner. I would like to get […]
Energy News Beat The ongoing conflict in Iran has triggered a profound energy crunch that extends far beyond crude oil prices. While Brent crude has retreated to around $90 per barrel from a wartime peak near $126, global shortages of refined products—diesel, gasoline, and jet fuel—have intensified. Global refinery throughput in July 2026 ran nearly […]
Energy News Beat The U.S. diesel crack spread—the premium of ultra-low sulfur diesel (ULSD) futures over West Texas Intermediate (WTI) crude—has shattered every historical record. On Monday, August 17, 2026, it surged to an intraday all-time high of $102.20 per barrel and settled in triple digits for the first time, hovering around $100 the following […]
Energy News Beat (Updated August 19, 2026, with actual August 18 numbers and latest peak forecasts)The Electric Reliability Council of Texas (ERCOT) continues to brace for a multi-day stretch of extreme heat that is expected to push power demand past the current all-time record of 91.089 GW. ERCOT is forecasting that peak demand will exceed […]
Energy News Beat The U.S. diesel crack spread—the premium of ultra-low sulfur diesel futures over West Texas Intermediate (WTI) crude—has shattered historical records, surging above $100 per barrel for the first time ever. It hit an intraday all-time high of $102.20 on Monday, August 17, 2026, before hovering around $100 on Tuesday, August 18 (settling […]
Energy News Beat As electricity demand surges from electrification, data centers, and extreme weather, utilities and regulators are turning to customer-owned resources—electric vehicles (EVs) and home battery storage—to balance the grid. This involves “load balancing” or demand flexibility: shifting or reducing consumption (or discharging stored energy) during peak times, often through virtual power plants (VPPs) […]
Energy News Beat NANO Nuclear Energy Inc. (NASDAQ: NNE) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18, 2026, that they have entered into a non-binding memorandum of understanding (MoU) to collaborate on the future supply of high-assay low-enriched uranium (HALEU) fuel. The agreement aims to support advanced reactor deployments, strengthen the U.S. nuclear […]
Energy News Beat Brent crude hovering near $91 a barrel might look manageable on a trading screen. Jeff Currie, the veteran commodities strategist now at Carlyle Group, argues that focus is dangerously misplaced. “Nobody on the planet Earth consumes crude oil,” Currie told CNBC. “Refineries do. Everyone else consumes gasoline, diesel and jet fuel, and […]
