In a sharp escalation of the ongoing 2026 Iran conflict, Iranian drones and missiles struck Kuwait International Airport overnight on June 2-3, hitting Terminal One and causing significant material damage. Kuwaiti authorities reported at least one fatality and dozens of injuries (with some sources citing up to 63 wounded), prompting the immediate suspension of all […]
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ENB Pub Note: This article was posted on David Blackmon’s Energy Additions SubStack. I will be interviewing him today about several other topics and will add this one to the list. We highly recommend subscribing. In a striking X post this week, the American Petroleum Institute spotlighted a powerful and unprecedented truth about American […]
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In rural Texas, a quiet but transformative shift is underway. Developers are increasingly siting massive data centers in unincorporated areas—where county governments have far less regulatory authority than cities—bypassing the kind of local zoning, public hearings, and citizen pushback that could slow or stop projects in more populated zones. This strategy is playing out dramatically […]
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In a stark warning delivered at S&P Global’s Middle East Petroleum & Gas Conference in London, Vitol board member Tom Baker pulled no punches: “In Europe and I think in the US, everyone is kind of asleep at the wheel and just carrying on life as normal.” Vitol, one of the world’s largest independent oil […]
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ENB Pub Note: This is a great article from America Outloud with Mike Ariza and Ronald Stein, and both have been on the Energy News Beat podcast. We recommend connecting with both great resources. An energy “REALITY” reminder is that crude oil by itself is useless black tar, unless you build a multi-billion-dollar refinery to […]
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ENB Pub Note: Interesting article from Andrew Korybko’s Newsletter on SubStack. China could replace the US’ subsidization of Zambia’s healthcare industry to preempt it from obtaining influence over Zambia’s critical minerals one, but failing to act soon could lead to Zambia capitulating to the US’ demanded quid pro quo, thus threatening China’s access to its […]
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In an era of surging global energy demand driven by AI, manufacturing resurgence, and geopolitical realities, Texas stands as the undisputed leader in American energy production, infrastructure, and innovation. The Lone Star State isn’t just keeping pace—it’s defining the future of reliable, affordable, and dominant energy. From record-breaking oil and gas output to a massive […]
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ExxonMobil’s massive offshore operations in Guyana are delivering blockbuster returns, even as global oil markets navigate geopolitical turbulence. The U.S. supermajor, operator of the world-renowned Stabroek Block, is riding a wave of record production, ultra-low breakeven costs, and newfound regional stability following Venezuela’s political restructuring. As highlighted in recent market analysis, the consortium’s cost-recovery phase […]
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In a stark assessment amid one of the largest oil supply shocks in history, Goldman Sachs has signaled that global energy markets—led by crude oil—are shifting into a demand destruction phase. Even if a near-term peace deal eases the closure of the Strait of Hormuz, severely depleted inventories mean markets will likely require significant demand […]
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Devon Energy (NYSE: DVN) delivered a solid operational performance in Q1 2026 while advancing a transformative strategic agenda. The company reported earnings on May 5, 2026, just ahead of the anticipated close of its all-stock merger with Coterra Energy (around May 7) and followed up with a major $2.6 billion Permian land grab on May […]
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