Energy News Beat Lake Tahoe residents on the California side of the iconic Sierra Nevada lake are facing a major energy transition. Approximately 49,000 customers served by Liberty Utilities must secure a new primary power source by May 2027 after NV Energy announced it will end its long-standing wholesale electricity supply agreement. The change stems […]
Energy News Beat Canada’s manufacturing and industrial base is in freefall under Prime Minister Mark J. Carney’s leadership. A viral X post from @wealthmoose on May 14, 2026, lays out the stark reality with receipts: over $50 billion in planned investments have been canceled, moved, or evaporated in key auto, battery, and manufacturing projects across […]
Energy News Beat Eleven weeks into the Middle East conflict that has effectively shuttered the Strait of Hormuz and sent energy prices soaring, the correlation between the Bloomberg Dollar Spot Index and Brent crude futures has hit its highest level on record. This marks the strongest daily tandem movement between the greenback and oil in […]
Energy News Beat Jon Brewton, CEO, Data2, stops by, and we talk about accountability. The negative issues we are facing about Data Centers and AI are hitting the front pages, and we need accountability for AI. We also need accountability for local politicians and all elected officials. Jon just presented right behind the Head of […]
Energy News Beat ENB Pub Note: Interesting Article from Andrew Korybko’s Newsletter on Substack. We recommend following him. The Sino-Russo Entente might evolve into a de facto alliance if South Korea and Japan join AUKUS+, the US’ de facto “Asian NATO”, but that risks spooking India into a de facto alliance with the US to […]
Energy News Beat WASHINGTON/BEIJING – U.S. Treasury Secretary Scott Bessent delivered a stark update on Iran’s oil sector while in Beijing for the Trump-Xi summit, declaring that Iran’s primary export terminal at Kharg Island has reached 100% storage capacity. No oil loadings have occurred in the past three days, ships are neither entering nor leaving, […]
Energy News Beat Honda Motor Co., Ltd. reported its first annual net loss as a publicly listed company in nearly 70 years, driven by a massive restructuring of its electric-vehicle (EV) business that included more than $9 billion in writedowns, impairments, and related charges. The Japanese automaker posted an operating loss of ¥414.3 billion ($2.63 […]
Energy News Beat In a move that signals business-as-usual intent amid extraordinary disruption, OPEC+ delegates have outlined plans to press ahead with a series of oil production quota increases, aiming to fully unwind the final layer of voluntary cuts announced in 2023 by the end of September 2026. According to Bloomberg reporting, key members intend […]
Energy News Beat In a notable development for global energy markets still reeling from disruptions in the Persian Gulf, a Japan-bound crude oil tanker has successfully transited the Strait of Hormuz. The vessel, identified as the Eneos Endeavor and owned by Japanese refiner Eneos, is the second Japan-bound tanker to clear the critical chokepoint since […]
Energy News Beat While global oil markets grapple with the fallout from the Strait of Hormuz disruptions and seek a path toward price recovery, one player is quietly rewriting the rules: China. Through years of deliberate, long-range planning, Beijing has transformed its strategic petroleum reserves into a powerful tool for energy security—and, unintentionally or not, […]
