Energy News Beat In one of the most significant escalations yet in Ukraine’s campaign against Russian energy infrastructure, Ukrainian forces launched a massive drone assault on Moscow on June 18, 2026 — striking Gazprom Neft’s Kapotnya (Moscow) oil refinery for the second time in just days. Nearly 200 drones targeted the facility on the southeastern […]
Energy News Beat Iran is tightening its grip on the Strait of Hormuz, the world’s most critical oil chokepoint, with new rules requiring ships to obtain permission and secure insurance from Tehran. This move explicitly paves the way for future tolls, even as a fragile U.S.-Iran memorandum of understanding (MOU) signed earlier this week aimed […]
Energy News Beat US LNG export infrastructure is rapidly scaling up, turning American shale gas into a cornerstone of global energy supply. This buildout underscores US energy dominance through exports, as highlighted in recent analyses by commodity trader and analyst Jack Prandelli on X). His posts detail the current state of US LNG terminals and […]
Energy News Beat TotalEnergies CEO Patrick Pouyanné recently put it plainly: US LNG cannot fully replace Qatar. Oil markets have substitutes and buffers that can ease pressure. Gas does not — at least not in time for winter 2026-27. This assessment comes amid a rapidly evolving situation in the Middle East. Following Iranian strikes on […]
Energy News Beat Ukraine launched one of its largest drone attacks on Moscow since Russia’s full-scale invasion began in 2022, striking the Kapotnya (Moscow) Oil Refinery for the second time in less than a week. The assault caused fires, explosions, and significant disruption in the Russian capital, while also hitting targets in the Rostov region […]
Energy News Beat West Texas Intermediate (WTI) crude oil is trading around $75 per barrel today, with Brent near $78. Following the U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz, headline prices have eased significantly from the peaks above $120 seen during the conflict. Yet a growing disconnect exists between these paper/futures […]
Energy News Beat ENB Pub Note: This is from the Great Kathryn Poter, at Watt-Logic, and it is on point. Here is a transcript of a speech on grid stability that I gave to the International Energy Credit Association in Valencia on 16 June 2026… …………………………… Good morning, and thank you for inviting me to […]
Energy News Beat 10 big stories on the Energy News Beat Stand Up It is a wild day on the Energy News Beat Stand Up. Make no mistake, time will tell if the Strait of Hormuz is open, but do not underestimate the importance that the Bank of London and Lloyds of London play in […]
Energy News Beat Cushing, Oklahoma — often called the “Pipeline Crossroads of the World” — is facing critically low crude oil storage levels, with inventories hovering near operational “tank bottoms.” As of the week ending June 5, 2026, Cushing held approximately 21.64 million barrels of crude oil (excluding the Strategic Petroleum Reserve), according to U.S. […]
Energy News Beat The United Arab Emirates is accelerating an ambitious strategy to achieve zero dependency on the Strait of Hormuz, one of the world’s most critical oil chokepoints. This comes amid recent regional tensions and a temporary closure of the strait following the Iran-US conflict earlier in 2026. Bloomberg reports, citing an interview with […]
