Author: Erick Parel

U.S. Breaks 15-Year Run Of Coal Declines With Increased Demand

Energy News Beat ENB Pub Note: A shout-out to the Cowboy State Daily site and newsletter. We recommend following them as they do an outstanding job covering Wyoming and key issues.  The International Energy Agency reports global coal demand is expected to hit a new record high in 2025. In the U.S. and Wyoming, it’s […]

Venezuela Never Paid Back Debt Owed to ExxonMobil and ConocoPhillips

Energy News Beat In the world of global energy politics, few stories highlight the tensions between resource nationalism and international investment as starkly as Venezuela’s ongoing disputes with U.S. oil giants ExxonMobil and ConocoPhillips. Stemming from the 2007 nationalization of oil projects under President Hugo Chávez, these conflicts have resulted in billions of dollars in […]

Zelenskiy Expects to Meet with Trump Sunday in Florida

Energy News Beat In a significant development amid ongoing efforts to resolve the Russia-Ukraine conflict, Ukrainian President Volodymyr Zelenskiy has announced plans to meet U.S. President Donald Trump in Florida this Sunday, December 28, 2025. The meeting, expected to take place at Trump’s Mar-a-Lago resort in Palm Beach, comes as peace negotiations reach a critical […]

Oil Prices Hold as Markets Realign to Supply and Demand in 2026

Energy News Beat As we close out 2025, oil prices are holding steady amid a complex interplay of geopolitical tensions, sanctions enforcement, and shifting supply-demand dynamics. Brent crude is trading around $62.46 per barrel, while West Texas Intermediate (WTI) sits at approximately $58.48, both benchmarks reflecting modest gains of about 0.13% and 0.17% respectively in […]

California Gas Set to Rip Past $5 on the Road to $8 and $10 Gasoline and Diesel

Energy News Beat As we approach the end of 2025, California drivers are already grappling with some of the highest fuel prices in the nation, averaging around $4.34 per gallon for regular gasoline. But experts warn that this is just the beginning of a self-inflicted energy crunch. With refinery closures on the horizon, stringent environmental […]

Virginia-based Utility Dominion Energy May Be Hit as Investors Eye This Week’s Offshore Wind Cancellations

Energy News Beat In a move that has sent shockwaves through the renewable energy sector, the Trump administration announced on December 22, 2025, the immediate suspension of leases for five major offshore wind projects under construction along the U.S. East Coast, citing classified national security concerns raised by the Pentagon. This includes Dominion Energy’s flagship […]

GE Vernova Inc: Supplier to Vineyard Wind Looking at Its Books After This Week’s Trump Administration Cancellation of Projects

Energy News Beat In a move that has sent ripples through the renewable energy sector, the Trump administration announced on December 22, 2025, the suspension of leases for five major offshore wind projects along the U.S. East Coast, citing national security concerns. The affected projects include Vineyard Wind 1 off Massachusetts, Revolution Wind in Rhode […]

U.S. Fossil-Fuel Power Plants Delay Retirement as AI Power Demand Soars

Energy News Beat If Shakespeare were writing a play now instead of “To Be or Not To Be,” he would say, “To keep the Lights On, Or Not“. And if Yoda were involved instead of “Do or not, there is no Try.”, it would be “Open they must, or dark they be.” The artificial intelligence […]

Sanctioned Tankers Load Venezuelan Oil Despite US Pressure

Energy News Beat In a bold defiance of escalating US pressure, sanctioned tankers continue to load Venezuelan oil off the country’s coast, even as the Trump administration ramps up its naval blockade to cut off revenue streams for President Nicolás Maduro’s regime. Despite recent high-profile interceptions and pursuits by US forces, oil loadings have persisted […]

Oil Glut and Surging Barrels at Sea Have Spooked Oil Traders and the Market, but Is This Market Dysfunction Rather Than a Glut?

Energy News Beat In the volatile world of global energy markets, the sight of surging oil barrels floating at sea has sent shockwaves through traders and investors. As of late 2025, global crude supplies have ballooned, with an estimated 1.3 billion barrels of “oil on water”—the highest level since April 2020 and a staggering 30% […]