Satellite observations from the Payne Institute for Public Policy at the Colorado School of Mines reveal a notable divergence in upstream gas flaring trends across the Middle East in early 2026. While countries like Iraq, the UAE, Qatar, and Saudi Arabia showed sharp declines in flaring activity amid regional conflict, Iran registered a net increase […]
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When you follow bad energy policies, bad things happen. And California has tried to emulate EU and UK standards on carbon taxes, Net Zero, and the elimination of oil products. That’s the good news, and the bad news is they both are in trouble with spiking diesel, gasoline, and how are they going to fix […]
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The Iran war that erupted on February 28 has sent oil prices surging past $100 per barrel amid disruptions in the Strait of Hormuz and Persian Gulf supply chains. While the broader energy sector has benefited from the geopolitical shock, not all Big Oil majors have performed equally. BP has emerged as the standout performer […]
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Houston-based Chevron Corporation remains the leading Western oil major active in Venezuela, but CEO Mike Wirth is calling for deeper reforms from Caracas if the country’s vast oil sector is to achieve meaningful revival. In comments reported by Bloomberg on April 26, 2026, Wirth acknowledged recent positive policy moves under Venezuela’s Hydrocarbons Law but stressed […]
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ENB pub Note: This article ran on David Blackmon’s Substack and validates several articles we have published here on Energy News Beat. We recommend subscribing to David’s Substack. David and Stu Turley will be on a Podcast this week with Tim Stewart, President of the US Oil & Gas Association. Six weeks after I wrote […]
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Crescent Energy Company (NYSE: CRGY) continues to solidify its position as a top-10 U.S. independent oil and gas producer, delivering strong free cash flow, disciplined capital allocation, and accretive growth through acquisitions. Following its transformative 2025 M&A activity—including the December 2025 all-stock acquisition of Vital Energy—and robust Q4/full-year 2025 earnings, the company is well-positioned amid […]
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As the Iran war enters its third month, the world is staring down the barrel of the largest oil supply disruption in history. The Strait of Hormuz—the chokepoint for roughly one-fifth of global petroleum trade—has been effectively closed to most non-Iranian shipping since early March 2026. Bloomberg’s latest analysis warns that the resulting “billion-barrel oil […]
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In a sharp pivot amid stalled ceasefire efforts, President Donald Trump has canceled a high-profile diplomatic trip to Pakistan by his son-in-law Jared Kushner and special envoy Steve Witkoff. The envoys had been expected to engage in indirect or mediated talks aimed at resolving the ongoing U.S.-Iran conflict, which has disrupted global energy flows through […]
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U.S. energy exports have surged to unprecedented levels in 2026, driven by global supply disruptions from the ongoing conflict in the Middle East and the effective closure of key Persian Gulf shipping routes. According to The Wall Street Journal, crude oil and petroleum product exports reached a record of nearly 12.9 million barrels per day […]
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As the Strait of Hormuz remains effectively closed following the escalation of the U.S.-Israel-Iran conflict in late February 2026, the world is witnessing what energy experts are calling the largest supply shock in history. Traffic through the strait has plummeted by over 95%, choking off roughly 20% of global oil and LNG flows, along with […]
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