Indian state-controlled refiners Hindustan Petroleum Corporation Limited (HPCL) and Mangalore Refinery and Petrochemicals Limited (MRPL) are in the market for a combined up to 6 million barrels of spot crude, according to tender documents reviewed by Reuters and reported on August 12, 2026. HPCL is seeking up to 4 million barrels for delivery in September […]
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Doomberg stops by, and we solve the global oil crisis. – We did not really solve the world’s oil problems, but boy, we sure covered them. In this Energy Newsbeat podcast episode, hosts Stu Turley and Doomberg dive deep into the interconnected crises reshaping global energy markets and geopolitics. From contested claims about oil flowing through […]
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The U.S. Energy Information Administration (EIA) reported a surprise and historically large build in commercial crude oil inventories for the week ending August 7, 2026. Commercial stocks (excluding the Strategic Petroleum Reserve) rose by 17.4 million barrels to 424.4 million barrels—the largest weekly increase since January 2023 and well above analyst expectations of a draw […]
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The International Energy Agency’s latest Oil Market Report underscores a deepening imbalance in global oil markets. Despite a sharper-than-expected contraction in demand driven by elevated prices from the ongoing Iran conflict and related disruptions, supply shortfalls have widened even more, producing the tightest near-term balances in years. At the time this article is written, Brent […]
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Geopolitical risks are colliding across multiple theaters in early August 2026, creating a perfect storm for energy markets. The Strait of Hormuz is flaring again, with Iranian loadings collapsing toward zero. Saudi Arabia’s Jazan refinery has been hit by Houthi drones for the second time in weeks. Ukraine continues deep strikes on Russian refining infrastructure, […]
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We had Doomberg ready, and the system was overwhelmed, so we rescheduled for tomorrow. How will the US Grid Handle the Cuts to Wind, increased Nat Gas, and can it be maintained? Tomorrow we have the CEO of Jackery Power Solutions and Doomberg stopping by the podcast for two different interviews. We will be covering the home […]
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ENB Pub Note: This article first ran on America Outloud, and we highly recommend subscribing to Ronald Stein and Mike Ariza there. They both have been on the Energy News Beat podcast and are fantastic resources for the energy markets. Worldwide economies run on continuous and uninterruptible electricity and transportation fuels like the following: Jet […]
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President Donald Trump has extended a temporary waiver of the Jones Act for another 90 days, allowing foreign-flagged vessels to continue transporting certain energy commodities and related products between U.S. ports amid ongoing disruptions from the war in Iran. The extension, finalized around August 10, 2026, and set to take effect after the prior waiver’s […]
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Millions of households and businesses across Great Britain now face the prospect of emergency rotating power cuts with as little as eight hours’ notice. The National Energy System Operator (NESO) has new authority—approved quietly by regulator Ofgem—to initiate large-scale load shedding without requiring emergency government powers under the Electricity Supply Emergency Code. Under the changes […]
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Siemens Energy’s gas services division closed the third quarter of fiscal 2026 (ended June 30) with a firm gas turbine backlog of 69 GW after booking 15 GW in new orders and shipping 6 GW during the period. Lead times across the company now stretch to three years or more, executives said, as surging demand—particularly […]
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