Chevron Australia has signed a new five-year natural gas supply agreement with Alinta Energy, a major Australian energy retailer and long-standing partner. The deal extends a relationship spanning more than four decades and reinforces domestic gas supply security in Western Australia (WA). Deal Details Under the agreement, Chevron will supply 46 petajoules (PJ) of natural […]
Continue Reading
QatarEnergy has paused its aggressive ramp-up plans at the Ras Laffan LNG complex following a recent tanker attack in the Strait of Hormuz, prioritizing security over speed. This decision delays the critical LNG supply that the market had been counting on for the upcoming winter season. According to market analyst Jack Prandelli (@jackprandelli), QatarEnergy had […]
Continue Reading
London, July 9, 2026 — The UK’s National Energy System Operator (NESO) issued a rare summer Electricity Margin Notice on July 8, forecasting a shortfall of around 1.2 gigawatts (GW) in electricity margins during Thursday evening’s peak demand period. The warning, one of several issued during the ongoing heat wave affecting the UK and much […]
Continue Reading
The fragile ceasefire and sanctions relief framework between the United States and Iran has collapsed. President Donald Trump’s blunt assessment at the NATO summit in Ankara, Turkey, on July 8, 2026, made that clear: the Memorandum of Understanding (MOU) is “over,” the ceasefire is finished, and he has no interest in further dealings with the […]
Continue Reading
The UK is staring down a £500 billion ($667 billion) price tag to hit its net-zero and clean power targets. This eye-watering sum, mostly front-loaded capital expenditure on renewables, grid upgrades, and transmission infrastructure, is set to hammer businesses and household bills for at least the next decade. According to the Energy Industries Council (EIC), […]
Continue Reading
The AI-driven data center boom is reshaping U.S. energy demand, with hyperscalers (Microsoft, Meta, Google, Amazon, Oracle, and others) pouring hundreds of billions into new facilities that require massive, reliable, 24/7 power. Natural gas—via pipelines, turbines, onsite generation, and supporting equipment—is emerging as a critical bridge fuel due to its dispatchability, speed of deployment, and […]
Continue Reading
The era of ultra-cheap U.S. natural gas appears to be ending. A combination of explosive demand growth from LNG exports and AI-driven data centers, paired with maturing supply dynamics, is poised to push Henry Hub prices higher while potentially flattening the traditional seasonal price swings that have defined the market for decades. Traditional Seasonality Under […]
Continue Reading
The largest U.S. regional transmission organization, PJM Interconnection, escalated emergency measures on July 3, 2026, issuing a federal alert to cut electricity consumption across its vast territory amid generator outages, overloaded high-voltage transmission lines, and surging air-conditioning demand from a prolonged heatwave. PJM, which manages the electric grid for approximately 67 million people, activated demand-response […]
Continue Reading
This article first ran yesterday on the Energy News Beat Substack. From the wood fires that warmed homes and fueled early industry in 1776 to the sophisticated mix powering AI data centers, electric vehicles, and global exports today, energy has been the invisible backbone of American prosperity, innovation, and geopolitical strength. The U.S. Energy Information […]
Continue Reading
In a timely new analysis published today, Doomberg challenges conventional peak oil narratives with a provocative twist: it’s “Peak ‘Not Oil.’” The piece highlights how surging U.S. natural gas liquids (NGLs) — particularly propane and butane — are delivering a “tsunami of new supply” that the global economy is rapidly adapting to, rendering a narrow […]
Continue Reading