Category: Energy News Beat

China Indefinitely Suspends Power of Siberia 2 Negotiations: A Major Blow to Russia’s Energy Export Ambitions

Energy News Beat A recent Wall Street Journal report has confirmed that China has effectively put negotiations for the Power of Siberia 2 (PoS2) natural gas pipeline on indefinite hold. This development, highlighted in a July 19 X post by commodities analyst Jack Prandelli, underscores Beijing’s hardball tactics and Russia’s increasingly desperate position in pivoting […]

ConocoPhillips to Buy 42% Stake in BP’s Iraq Kirkuk Oil Venture

Energy News Beat In a significant move strengthening U.S. energy ties with Iraq, ConocoPhillips has agreed to acquire a 42% interest in BP Energy Company of Kirkuk Limited (BP ECKL), the contractor entity overseeing the redevelopment of major oil fields in northern Iraq’s Kirkuk region. BP will retain the remaining 58% majority stake. The deal, […]

WellDatabase Weekly Rig Report for July 18, 2026: US Rig Count Climbs Up 11 with Strong Horizontal and Oil Activity

Energy News Beat The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high […]

Wyoming Wind Turbines Killed More Than 23,000 Birds And Bats Last Year

Energy News Beat ENB Pub Note: Personally, we would like to know why it is that farmers go to jail for killing a single eagle that is killing their animals, but windfarms can eviscerate entire flocks. This story first ran on Cowboy State Daily, and we recommend subscribing to them for their great articles. ‘ […]

EU Triples Down on Net Zero: Parliament and Commission Push Absurd, Destructive Policies

Energy News Beat This week, the European Union doubled (or tripled) down on its net-zero agenda with a flurry of proposals that critics describe as micro-managed, unrealistic, and dangerously detached from energy system realities. From a sweeping electrification mandate to tweaks in carbon pricing and selective delays on enforcement, Brussels continues to prioritize targets over […]

Oil and Gas Markets are rebalancing

Energy News Beat Energy News Beat Stand Up – Buckle Up – 10 Huge Stories Welcome to the Energy News Beat Standup, where host Stu Turley breaks down the 10 biggest energy stories reshaping global markets. In this episode, we dive into a world in flux: Russia’s refining capacity is crumbling under Ukrainian drone strikes, […]

ExxonMobil Steps Up to Help Iraq Become Energy Independent from Iran

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 […]

Saudi Aramco Awards Halliburton a Multi-Billion Dollar Multi-Year Contract for Jafurah Unconventional Gas Development

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 […]

Scandal engulfs Britain’s electricity grid Claims blackout risks were covered up put the energy grid under the spotlight

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 […]

President Trump Sets the Record Straight on Election Interference — and Outlines the Next Steps

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 […]