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 Andrew Korybko’s Newsletter Substack. We recommend reading and subscribing; in light of the EU meeting with Mark Carney in three weeks, this has some interesting background links. Power is an issue in the EU. – Just saying. Regardless of however the “friendly competition” evolves between Germany […]
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The Permian Basin remains the engine of U.S. oil growth, but it is steadily becoming gassier. Rising gas-to-oil ratios (GORs) mean every incremental barrel of crude now brings more associated natural gas. Without matching takeaway capacity, that gas depresses local prices, forces curtailments or flaring, and erodes the economics that keep oil drilling active. New […]
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ENB Pub Note: This article was originally published in Andrew Korybko’s Newsletter on Substack, and we recommend subscribing. In order to counterbalance the Mainstream Media’s bias, you have to do your own research. Getting local views from individual countries has really helped me see things in a real-world way, as opposed to what the media feeds […]
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The 2026 Virginia Energy Plan’s cheapest system-cost path is the one that allows new gas. Every clean pathway costs more on the bill, then wins only after a carbon adder. Governor Abigail Spanberger released the 2026 Virginia Energy Plan on October 1 and called it a path to affordable, reliable, local clean power. The modeling […]
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ENB Pub note: This article first appeared on the Energy News Beat Substack, and we reached out to Peter Clack about appearing on the Energy Realities or Energy News Beat Podcast. If you want to leave a comment, subscribe to the Energy News Beat Substack. The world is running out of easily accessible high-grade ores, […]
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Welcome back to the Energy Newsbeat podcast. Today, we’re diving deep into one of the most critical—and misunderstood—issues facing America’s energy future. Most people think the grid is just the wires and power plants they see. But what if I told you two grids are operating at the same time, and they’re increasingly working against […]
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Matador Resources closed its acquisition of EnCap-backed Paloma Permian on October 1, 2026, for $1.255 billion in cash, subject to customary post-closing adjustments. The deal, announced in July at a headline consideration of $1.275 billion, is already beating the company’s own underwriting on the producing wells, while adding a large block of high-quality undeveloped inventory […]
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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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Governor Maura Healey is asking the Trump administration to move faster on a natural gas pipeline expansion she once made a political career out of opposing. The request landed on October 1, about a month before the November 2026 general election, in a letter to Energy Secretary Chris Wright urging federal agencies to clear reviews […]
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