In the shadow of ongoing tensions with Iran, threats to the Strait of Hormuz, and high-stakes negotiations, President Donald Trump’s administration is actively pushing to expand the Abraham Accords. Recent statements tie potential deals with Tehran directly to broader normalization between Israel and additional Arab and Muslim-majority countries — including key Gulf states. The strategy […]
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Even the most optimistic reopening of the Strait of Hormuz won’t deliver a quick fix. Physical barrels tell a far harsher story than paper futures. Art Berman (@aeberman12) nailed it in his May 25, 2026, post: There is no clean, modelable “successful reopening” of the Strait of Hormuz. Even in the wildly optimistic scenario, the […]
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In the shadow of the ongoing U.S.-Israeli conflict with Iran — marked by the near-closure of the Strait of Hormuz and the largest oil supply disruption in modern history — Saudi Arabia stands out as a clear winner. While many Gulf producers face sharp production cuts, export halts, and economic contractions, the Kingdom under Crown […]
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This is an outstanding article from Nathan Hammer’s Substack Hammer and Anvil. Every time you see a 400 foot wind turbine cutting through the sky, you are looking at a machine designed to harvest the wind. It feels clean. It feels weightless, like a piece of the future that has successfully severed its ties to […]
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The Strait of Hormuz — the world’s most critical oil chokepoint — remains at the center of global energy markets. A promising diplomatic window has opened, but it is far from sealed. Commodity trader and analyst Jack Prandelli captured the moment perfectly in a post today: “Iran’s ‘Hormuz weapon’ is real. But every year it […]
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ENB Pub Note: This article was originally posted on the California Globe, and we highly recommend reading their site. We will be covering this opinion on the Jones Act on the next Energy News Beat Stand Up. California put itself in a dangerous position by relying heavily on expensive foreign oil rather than prioritizing American-made […]
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Oil facilities at Russia’s strategically vital Black Sea port of Novorossiysk erupted in flames overnight after a Ukrainian drone attack, with satellite imagery confirming a significant blaze at the Grushovaya (also spelled Grushovaya Balka or Grushevaya) oil terminal/depot. The strike marks the latest escalation in Ukraine’s long-range drone campaign targeting Russian energy infrastructure in 2026, […]
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The upstream oil and gas sector stands on the cusp of a transformative opportunity. According to fresh analysis from Rystad Energy, digitalization and artificial intelligence could generate nearly $500 billion in cumulative value for Exploration & Production (E&P) companies between 2026 and 2030. This windfall would come through three main levers: cost reductions via more […]
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The Delaware Basin, the western half of the mighty Permian, is buzzing with deal-making energy. According to Reese Energy Consulting’s May 21, 2026, update, “Looks like the Delaware this week is host of Party Central in Perm Town for upstream M&A and a midstream FID.” With crude prices volatile and recently tipping toward $100 per […]
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A major shift is underway in global energy geopolitics. According to reports, ExxonMobil is close to finalizing contracts to produce oil in up to six fields across multiple regions in Venezuela, and may announce them as soon as this month. This comes just four months after Exxon CEO Darren Woods described Venezuela as “uninvestable” under […]
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