Category: Energy News Beat

US Forces See Nearly 1,000 Hormuz Crossings Since Ceasefire

Energy News Beat US military surveillance has documented nearly 1,000 commercial vessel transits through the Strait of Hormuz in the roughly two months since the US-Iran ceasefire took effect on April 8, 2026. The figure, shared by an official familiar with US Central Command operations, exceeds private-sector estimates that rely primarily on ship transponders (AIS […]

Trump Admin Boosts Sable offshore oil rig support – Fox News

Energy News Beat This was a good interview on the Sable offshore platform with Secretary Doug Burgum and Secretary Chris Wright on the importance and impact of the implementation of the Defense Production Act on California Oil. Make no mistake. There is still work to be done as the new legislation that Gov Newsom is […]

Global Oil and Gas Markets Update – Doomberg’s insights and opinions

Energy News Beat We had a great discussion, and the global oil and gas markets have been changed permanently. “ Iran will have permanent control over the Strait of Hormuz. As though that necessarily, in and of itself, is bullish for oil prices. I would argue that, in fact, it isn’t. “ Doomberg, Substack Author, […]

The Hormuz Squeeze Is Redrawing Global Oil and Gas Markets for GoodBy Energy News Beat Channel

Energy News Beat The Strait of Hormuz has long been the world’s most critical energy chokepoint—handling roughly 20 million barrels per day (b/d) of oil and a significant share of global LNG before the 2026 crisis. But Iran’s de facto closure of the strait since late February 2026, amid escalating conflict, has forced a permanent […]

USA Rare Earth to Invest $1.2B in South Carolina Magnet Plant

Energy News Beat Blacksburg, SC – USA Rare Earth (Nasdaq: USAR) has announced a $1.2 billion investment to build a major rare earth magnet manufacturing and refined metals facility in Cherokee County’s Bailey Industrial Park in Blacksburg, South Carolina. The project marks a significant milestone in the company’s effort to create a fully domestic “mine-to-magnet” […]

President Trump Signs the Defense Production Act for Coal Plants Nationwide

Energy News Beat In a major boost for America’s energy security and domestic coal industry, President Donald J. Trump today invoked the Defense Production Act (DPA) to direct nearly $700 million in federal support for coal-fired power plants, new construction, restarts, and critical export infrastructure. The announcement, made during an Oval Office event focused on […]

What America and Virginia needs right Now

Energy News Beat Kim Farrington, a candidate for the U.S. Senate in Virginia, stopped by the EnergyNews Beat Podcast to discuss her campaign strategy of listening to Virginia voters and addressing their concerns. Kim Farrington is a candidate for U.S. Senate in Virginia, running on an America First platform, and she stopped by the Energy […]

Dangote Breaks Ground on 700,000-Bpd Second Crude Processing Unit

Energy News Beat Nigeria’s Dangote Petroleum Refinery has officially broken ground on a second 700,000-barrels-per-day (bpd) crude processing unit at its Lekki complex outside Lagos. The expansion, announced today, will nearly double the facility’s total refining capacity to approximately 1.4 million bpd once the new unit comes online by the end of 2028. The move […]

The Inola Aluminum Smelter Project: What It Is and Potential Impacts for Investors and Consumers

Energy News Beat A major industrial proposal is advancing in northeast Oklahoma at the Tulsa Port of Inola along the Verdigris River. The Inola Aluminum Smelter—formally known as the Oklahoma Primary Aluminum project—represents the first new primary aluminum smelter in the United States since 1980 and would become the largest ever built in the country. […]

TeraFab Incentive Package Approval by Grimes County, Texas

Energy News Beat Grimes County, Texas, took a bold step forward on June 3, 2026, by approving a major incentive package for SpaceX’s proposed TeraFab semiconductor manufacturing and advanced computing facility. In a 4-1 vote, county commissioners designated a Tax Increment Reinvestment Zone (TIRZ) and granted a 100% property tax abatement for the project, paving […]