Category: International News

China Indefinitely Suspends Power of Siberia 2 Negotiations: A Major Blow to Russia’s Energy Export Ambitions

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A recent Wall Street Journal report has confirmed that China has effectively put negotiations for the Power of Siberia 2 (PoS2) natural gas pipeline on indefinite hold. This development, highlighted in a July 19 X post by commodities analyst Jack Prandelli, underscores Beijing’s hardball tactics and Russia’s increasingly desperate position in pivoting its energy exports […]

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EU Triples Down on Net Zero: Parliament and Commission Push Absurd, Destructive Policies

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This week, the European Union doubled (or tripled) down on its net-zero agenda with a flurry of proposals that critics describe as micro-managed, unrealistic, and dangerously detached from energy system realities. From a sweeping electrification mandate to tweaks in carbon pricing and selective delays on enforcement, Brussels continues to prioritize targets over reliable power, affordability, […]

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Oil and Gas Markets are rebalancing

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Energy News Beat Stand Up – Buckle Up – 10 Huge Stories Welcome to the Energy News Beat Standup, where host Stu Turley breaks down the 10 biggest energy stories reshaping global markets. In this episode, we dive into a world in flux: Russia’s refining capacity is crumbling under Ukrainian drone strikes, Iraq is suspending […]

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ExxonMobil Steps Up to Help Iraq Become Energy Independent from Iran

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In a development that echoes broader regional efforts to reduce vulnerability to the Strait of Hormuz chokepoint, ExxonMobil is emerging as a key partner in Iraq’s drive for energy self-sufficiency—particularly by ending its costly and geopolitically sensitive dependence on Iranian natural gas. Iraqi Prime Minister Ali al-Zaidi met directly with ExxonMobil CEO Darren Woods in […]

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Saudi Aramco Awards Halliburton a Multi-Billion Dollar Multi-Year Contract for Jafurah Unconventional Gas Development

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Riyadh/Dhahran, July 17, 2026 — Saudi Aramco has awarded Halliburton a multi-billion-dollar, multi-year contract for integrated stimulation and completion services supporting unconventional gas development, with a key focus on the massive Jafurah Basin in Saudi Arabia’s Eastern Province. This award underscores Aramco’s aggressive push to scale one of the world’s largest unconventional gas programs outside […]

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Scandal engulfs Britain’s electricity grid Claims blackout risks were covered up put the energy grid under the spotlight

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Britain’s electricity system is facing intense scrutiny following serious allegations that the National Energy System Operator (NESO) — the body responsible for balancing supply and demand — covered up risks to grid security. Whistleblowers claim that during periods of system stress, senior managers instructed control room staff to hide critical information and avoid creating permanent […]

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Ed Miliband forces builders to put solar panels where the sun doesn’t shine

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Net Zero Strikes again Energy Secretary Ed Miliband’s push to embed solar panels into every new home under the Future Homes Standard (FHS) is drawing sharp criticism from housebuilders, who argue the policy mandates installations even on roofs that receive little or no meaningful sunlight. The rules, which build on plans originally developed under the […]

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