Canadian oil producers are failing to fully capture a global oil-price surge. Alberta’s oil sands operators are receiving roughly $26 a barrel less than U.S. rivals for their heavy crude, as the Western Canadian Select (WCS) discount to West Texas Intermediate (WTI) has widened dramatically in recent weeks—to levels not seen since late 2023. Source […]
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America does not primarily have an energy shortage. It has a permitting shortage. A new Federal Energy Regulatory Commission (FERC) proposal to streamline expansions of liquefied natural gas (LNG) facilities highlights both the opportunity and the limits of piecemeal reform. As energy analyst Stuart Turley notes, LNG expansion alone will not lower costs for consumers […]
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Europe’s remaining coal plants are generating unexpected profits while Asia burns more coal to fill an LNG gap created by Middle East disruptions. Global demand is heading for a record high in 2026. The rebound is real but uneven, largely temporary in the West, and more structural in Asia—until nuclear and cleaner alternatives scale meaningfully. […]
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European benchmark natural gas prices remain near multi-year highs in mid-October 2026, approaching levels last seen at the end of 2022. The Dutch Title Transfer Facility (TTF) front-month contract traded around €86 per megawatt-hour (MWh)—roughly $96.50/MWh—after a sharp rally driven by constrained Middle East LNG supplies and historically low storage heading into winter. Prices have […]
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U.S. Treasury Secretary Scott Bessent has highlighted a core contradiction in Europe’s energy policy amid ongoing debates over Russian diesel supplies. In comments tied to a Trump administration arrangement for Russian diesel releases (initially 300,000 tonnes, with more to follow) to ease prices amid broader supply pressures, Bessent stated that Europe has transferred more money […]
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ENB Pub Note: This article first ran on Doug Sheridan’s LinkedIn, and we highly recommend connecting. Hat Tip to David Blackmon for running on his Substack, and we recommend subscribing there as well, only after subscribing to the Energy News Beat Substack. – Just saying. Five years ago, Mark Carney wanted finance to accelerate […]
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LNG Canada will again source major modules from a Chinese state-owned fabricator for its $33 billion Phase 2 expansion in Kitimat, B.C., even as Canadian primary steel producers idle lines and issue layoff notices under U.S. tariffs and persistent import pressure. Prime Minister Mark Carney has left the steel decision to the project owners while […]
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President Donald Trump is set to unveil a major South Korean investment package that includes roughly $54 billion directed at Alaska’s long-planned liquefied natural gas (LNG) project, according to White House officials and multiple reports. The announcement, expected in the Oval Office, is the first major tranche from South Korea’s broader $200 billion in U.S. […]
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Cyrus Brooks of RBAC and NJ Ayuk, Executive Chairman of the African Energy Chamber, stopped by the Energy News Beat podcast. In this episode of the Energy News Beat Podcast, host Stu Turley sits down with two influential voices in global energy: Cyrus Brooks of RBAC and NJ Ayuk, Executive Chairman of the African Energy […]
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A forecast is not a plan. A storage target is not a molecule. And a press release about “diversified supply” does not fill a cavern in Bavaria when the cargo is sitting in the Pacific because Seoul or Dhaka paid more. As of late September 2026, the European Union is heading into the heating season […]
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