Energy News Beat HF Sinclair Corporation (NYSE: DINO) just delivered its strongest quarterly results in years while simultaneously announcing it will retire the base oil refining assets at its Mississauga, Ontario facility—Canada’s largest (and essentially only significant) producer of Group II and Group III base oils. The decision comes amid a highly profitable lubricants segment, […]
Energy News Beat We cover 10 Big Stories on the Energy News Beat Stand Up Welcome to the Energy Newsbeat, where host Stu Turley breaks down the ten most critical energy stories shaping global markets and infrastructure. In this episode, we explore a landscape marked by unprecedented challenges and opportunities: from the alarming vulnerability of […]
Energy News Beat ENB Pub Note: This article originally appeared on David Blackmon’s Substack; we highly recommend subscribing. We will be covering this on several podcasts this week. This also brings in the Hydro Connection from Canada to New York City that we have covered. It is not wise to spend billions on importing energy […]
Energy News Beat Britain is running out of shallow waters suitable for fixed-bottom offshore wind turbines and is now pivoting aggressively to floating wind farms in deeper seas around Scotland, Wales, and Cornwall. According to recent reporting, the government aims for roughly 3,000 new floating turbines over the next 10–15 years (about 500 by 2030), […]
Energy News Beat Order a heavy-duty gas turbine from GE Vernova today, and it will not arrive until 2031. That production reality, confirmed on the company’s July 22, 2026, earnings call, sits beneath nearly every ambitious AI data-center power plan announced in recent years. GE Vernova closed the second quarter with a combined gas-power equipment […]
Energy News Beat The U.S. power grid faces a long-standing vulnerability that has resurfaced in recent discussions: a coordinated attack on a small number of critical substations could trigger a cascading nationwide blackout lasting months—or longer. This warning, originally highlighted by former Federal Energy Regulatory Commission (FERC) Chairman Jon Wellinghoff, stems from analysis following the […]
Energy News Beat Hedge funds have sharply reduced their short-only positions on European diesel (ICE gasoil) to the lowest level in more than two years while adding fresh long positions, signaling that traders expect the current historic fuels supply crunch to persist. According to ICE Futures Europe data cited in reports of the Bloomberg story, […]
Energy News Beat In a striking visual that feels pulled straight from a post-apocalyptic film set, the United Arab Emirates has completed the installation of massive metal “cope cages” over key oil and gas storage tanks in Abu Dhabi, with similar structures already in place or under construction near Dubai. These large steel mesh and […]
Energy News Beat Iraq is pushing aggressively to more than double its oil production capacity, targeting 8–10 million barrels per day (bpd) within six years—up from roughly 4 million bpd before the recent Iran-related regional conflict disrupted Strait of Hormuz shipping. On August 21, 2026, Prime Minister Ali al-Zaidi announced the goal at the Baghdad […]
Energy News Beat The Electric Reliability Council of Texas (ERCOT) aims to finish Governor Greg Abbott’s comprehensive verification and audit of data center and large-load projects by December 2026. The review, ordered on August 3, pauses advancement of new data center interconnections until projects demonstrate compliance with state law, Public Utility Commission of Texas (PUCT) […]
