Following Chevron, ExxonMobil, EQT, and Liberty Energy, Ford is rolling in as a hyperscaler and entering the utility market The AI power crunch is creating unlikely heroes across the energy landscape. While hyperscalers scramble for gigawatts that the grid simply cannot deliver fast enough, traditional energy giants have already stepped up with gas-fired generation, carbon […]
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May 29, 2026 The Philippines has received its first cargo of Iranian crude oil since the disruption of the Strait of Hormuz, marking a notable development in the country’s efforts to secure energy supplies amid ongoing global oil market volatility, according to tanker-tracking data from Kpler and Vortexa reported by Reuters, a Suezmax vessel carrying up […]
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In a stark alert to markets, top executives from ExxonMobil and Chevron have highlighted an impending physical oil supply crunch that could drive Dated Brent crude prices sharply higher—potentially to $150–$160 per barrel—within the coming weeks. The warnings center on critically low global inventories of crude and refined products, exacerbated by the ongoing closure of […]
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Virginia’s Northern Virginia region, often called “Data Center Alley,” is the epicenter of the world’s largest concentration of data centers. These massive facilities power everything from cloud computing to AI training, routing up to 70% of global internet traffic. But the boom comes with trade-offs that are increasingly visible to nearby residents: thousands of diesel […]
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U.S. crude oil and petroleum product exports have hit unprecedented levels in recent weeks, even as the Biden-era Strategic Petroleum Reserve (SPR) continues to be drawn down at a record pace to help stabilize global markets amid ongoing disruptions from the Iran conflict and the Strait of Hormuz blockade. According to the latest data, total […]
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Energy News Beat – May 28, 2026 U.S. and Iranian negotiators have hammered out a tentative 60-day memorandum of understanding (MOU) to extend a fragile ceasefire and kick-start talks on Iran’s nuclear program — but the deal still needs final sign-off from President Donald Trump. According to Axios reporting, the framework aims to reopen the […]
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In a significant sign of cautious normalization amid the ongoing U.S.-Israel-Iran conflict, two Very Large Crude Carriers (VLCCs) and at least two LNG tankers have successfully transited the Strait of Hormuz this week, with cargoes bound for key Asian buyers in China and India. The vessels operated in “dark mode” — transponders switched off to […]
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Russia is capitalizing on elevated global oil prices triggered by the ongoing Middle East conflict, pushing crude export volumes near 2026 highs while redirecting flows to key Asian buyers—most notably India. According to tanker-tracking data compiled by Bloomberg, Russia’s four-week average crude shipments reached 3.66 million barrels per day (bpd) in the period ending May […]
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Smon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), recently declared in Paris that those who have fought to keep the world dependent on fossil fuels are “inadvertently supercharging the global renewables boom” — citing the ongoing U.S.-Israeli war with Iran as evidence. It is a striking claim. But it […]
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Wasif Latif, Co-Founder, President & Chief Investment Officer, Sarmaya Partners, stopped by the Energy News Beat Podcast again. This time, we covered current events in the Strait of Hormuz and the impact of the war in Iran. It does not look like they will be going away quietly into the night, and they will want […]
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