Category: Energy News Beat

Cheniere Energy Raises 2026 LNG Output. What Does This Mean to Their Bottom Line?

Energy News Beat Houston, TX – May 10, 2026 – Cheniere Energy, Inc. (NYSE: LNG), the largest U.S. LNG exporter, delivered a blockbuster update in its Q1 2026 earnings release. The company not only posted record LNG export volumes but also raised its full-year 2026 financial guidance, citing higher production forecasts, stronger market margins, and […]

Three Mile Island Nuclear Plant Set to Restart Amid Booming AI Power Demand

Energy News Beat In a landmark move signaling a nuclear renaissance driven by surging artificial intelligence and data center energy needs, Constellation Energy is preparing to restart Three Mile Island Unit 1—now rebranded as the Crane Clean Energy Center—in Pennsylvania. The plant, which has been offline since 2019 for economic reasons, will once again deliver […]

Will Venezuela Export Stranded Gas through Trinidad?

Energy News Beat Shell is actively exploring the development of Venezuela’s offshore natural gas resources, with plans to route production through Trinidad and Tobago’s existing infrastructure for export as LNG. In a February 2026 earnings call and subsequent Bloomberg TV interview, Shell CEO Wael Sawan confirmed ongoing talks with Venezuela’s government to advance offshore gas […]

US Weekly Rig Operator Report

Energy News Beat Week Ending May 8, 2026 U.S. Rig Count Edges Higher for Third Straight Week The Baker Hughes U.S. rotary rig count rose by 1 rig to 548 for the week ending May 8, 2026. Here is the Full WellDatabase Weekly Report We recommend getting a Subscription at WellDatabase! This marks the third […]

Venezuela’s Faulty Power Grid May Set Back Economic Comeback

Energy News Beat Venezuela’s long-suffering electricity system is once again flashing red warning lights. According to Bloomberg, the country has announced emergency measures after power consumption reached a nine-year high, raising the specter of widespread blackouts that could derail the nascent economic recovery following the dramatic political changes earlier this year. Installed generation capacity stands […]

America’s energy weakness isn’t overseas — it’s at home

Energy News Beat ENB Pub Note: This article was originally posted on the Hill by Sen. Alan Armstrong.  I am reaching out to him to get him on the podcast.  We recommend reading The Hill.  I didn’t come to the Senate from politics — I came from the field. I started as an engineer in […]

Blocking Data Centers Won’t Make Electricity Cheaper

Energy News Beat ENB Pub Note: This article is from C3 News Mag, and we highly recommend following them and reading.  David Kemp & Prasanna Pydipalli Growing opposition to data centers is beginning to expose divides in both parties. Last week, POLITICO reported that progressive challengers in battleground House primaries in Tennessee, Indiana, Virginia, and Maine are backing a […]

BP to Sell Stakes in UK Carbon Capture Projects, Getting Back to Basics

Energy News Beat In a move signaling a renewed focus on its core oil and gas operations, BP announced on May 7, 2026, that it plans to sell portions of its equity stakes in two flagship UK carbon capture and storage (CCS) projects in Northern England. The decision comes as both projects—Net Zero Teesside (NZT) […]

Virginia’s Carbon Market is a Wealth Transfer the Democrats are Trying to Hide

Energy News Beat As Virginia prepares to rejoin the Regional Greenhouse Gas Initiative (RGGI) this summer under Democratic Gov. Abigail Spanberger, ratepayers are facing yet another round of higher electricity bills. Proponents frame the move as a smart climate policy that will somehow deliver affordability amid surging data-center demand. But the reality, backed by years […]

How Effective is the Iran Back Door Rail Line to China?

Energy News Beat As U.S. naval pressure intensifies around Iran’s ports and the Strait of Hormuz, Tehran is accelerating use of its overland rail connection to China as a sanctions-busting “back door.” The route, part of Beijing’s Belt and Road infrastructure push, offers a faster, blockade-resistant alternative for goods — but how much can it […]