US LNG export infrastructure is rapidly scaling up, turning American shale gas into a cornerstone of global energy supply. This buildout underscores US energy dominance through exports, as highlighted in recent analyses by commodity trader and analyst Jack Prandelli on X). His posts detail the current state of US LNG terminals and the surge in […]
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TotalEnergies CEO Patrick Pouyanné recently put it plainly: US LNG cannot fully replace Qatar. Oil markets have substitutes and buffers that can ease pressure. Gas does not — at least not in time for winter 2026-27. This assessment comes amid a rapidly evolving situation in the Middle East. Following Iranian strikes on Qatar’s Ras Laffan […]
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Ukraine launched one of its largest drone attacks on Moscow since Russia’s full-scale invasion began in 2022, striking the Kapotnya (Moscow) Oil Refinery for the second time in less than a week. The assault caused fires, explosions, and significant disruption in the Russian capital, while also hitting targets in the Rostov region and occupied Ukrainian […]
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West Texas Intermediate (WTI) crude oil is trading around $75 per barrel today, with Brent near $78. Following the U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz, headline prices have eased significantly from the peaks above $120 seen during the conflict. Yet a growing disconnect exists between these paper/futures prices and the […]
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ENB Pub Note: This is from the Great Kathryn Poter, at Watt-Logic, and it is on point. Here is a transcript of a speech on grid stability that I gave to the International Energy Credit Association in Valencia on 16 June 2026… …………………………… Good morning, and thank you for inviting me to speak here today. […]
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10 big stories on the Energy News Beat Stand Up It is a wild day on the Energy News Beat Stand Up. Make no mistake, time will tell if the Strait of Hormuz is open, but do not underestimate the importance that the Bank of London and Lloyds of London play in opening the Strait […]
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Cushing, Oklahoma — often called the “Pipeline Crossroads of the World” — is facing critically low crude oil storage levels, with inventories hovering near operational “tank bottoms.” As of the week ending June 5, 2026, Cushing held approximately 21.64 million barrels of crude oil (excluding the Strategic Petroleum Reserve), according to U.S. Energy Information Administration […]
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The United Arab Emirates is accelerating an ambitious strategy to achieve zero dependency on the Strait of Hormuz, one of the world’s most critical oil chokepoints. This comes amid recent regional tensions and a temporary closure of the strait following the Iran-US conflict earlier in 2026. Bloomberg reports, citing an interview with UAE Minister of […]
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Trump said the Iran agreement allows Washington to devote more attention to Ukraine and indicated he remains interested in pursuing a peace deal with Russia. Zelensky said G7 leaders showed unprecedented unity on the war and voiced optimism that the United States could provide additional Patriot missile support. Ukraine continues to combine diplomatic efforts with […]
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Gasoline prices at the pump are falling fast, offering consumers relief after months of pain. But this relief comes amid depleted strategic buffers and lingering uncertainty over the recent Iran conflict and deal. For the Trump Administration, the trajectory of energy prices could either reinforce its political standing or expose vulnerabilities. Current Price Snapshot (Mid-June […]
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