German Energy Policy Meets the Real World: Evonik CEO Christian Kullmann Says the Energy Transition Has No Value Whatsoever

Evonik CEO Christian Kullmann has delivered a blunt verdict on Germany’s Energiewende. In July 2026 interviews with the Rheinische Post and others, the head of one of Germany’s largest specialty chemicals companies stated that the energy transition has cost around €1,000 billion—and delivered “nothing.” “Wir haben nicht genug Gaskraftwerke. Wir haben eine Netzinfrastruktur wie in […]

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Global Energy Market In Flux with Russia, Strait of Hormuz, Bab el-Mandab Strait and drought in the EU all in play

The global energy landscape remains highly volatile in early August 2026, shaped by overlapping geopolitical, security, and climate pressures. Disruptions centered on Russia’s refined product exports, ongoing uncertainty over the Strait of Hormuz, escalating risks in the Bab el-Mandab Strait, and a severe drought across Europe are tightening supplies of crude oil, petroleum products, LNG, […]

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China Approves Eight New Nuclear Plants, Including Four With Hualong One 2.0 Tech

China’s State Council approved the construction of eight new nuclear reactor units on July 31, 2026, during an executive meeting chaired by Premier Li Qiang. The projects, spanning four provinces, represent a total investment exceeding 170 billion yuan (approximately $25 billion) and continue the country’s aggressive expansion of nuclear capacity as a cornerstone of its […]

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Williams Cos. Reaches Deal to Buy Momentum Midstream for Up to $5.5 Billion

Tulsa-based The Williams Companies, Inc. (NYSE: WMB) has signed an agreement to acquire Momentum Midstream in a strategic transaction valued at up to $5.5 billion, establishing a premier position in the Haynesville Shale to serve expanding Gulf Coast LNG, power, and industrial demand. The deal, announced alongside Williams’ strong second-quarter 2026 results on August 3, […]

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America is watching the world’s movement to nuclear power generation

ENB Pub Note: This article was originally published on America Out Loud, and we recommend reading and following Ronald Stein!  Most California politicians have hated the zero-emissions electricity generated by nuclear power since 1976, when they passed a moratorium on new nuclear power plants. Nuclear is the cleanest, safest, proven, least-emitting fuel of all, and yet most […]

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The Energy Transition is Happening – It’s Not What the Climate Activists Wanted

For years, the dominant energy narrative has been a single, heavily marketed story: the world is undergoing an inevitable, morally urgent transition away from fossil fuels toward wind, solar, and battery storage. Climate activists, aligned media, and policymakers have framed this as both destiny and imperative. As David Blackmon observed in his August 2, 2026, […]

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NextDecade Snags $4.6B Financing for Rio Grande LNG Growth

HOUSTON — NextDecade Corporation has locked in approximately $4.6 billion in financing tied to its Rio Grande LNG (RGLNG) project in South Texas, strengthening the balance sheet for Phase 1 while advancing expansion plans. The moves, detailed in the company’s second-quarter 2026 business update released July 30, 2026, refinance existing construction debt and free bank […]

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