Category: US Energy News

ConocoPhillips Announces Q2 2026 Earnings: Strong Beat on Higher Prices Amid Production Dip and Leadership Transition

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Houston-based ConocoPhillips (NYSE: COP), the largest U.S. independent oil and gas producer, reported second-quarter 2026 results on August 6, 2026, that beat Wall Street expectations. Higher commodity prices more than offset a year-over-year decline in production, driving sharp gains in earnings and cash flow. The company also reaffirmed full-year guidance, doubled share repurchases, achieved a […]

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Hormuz Crisis Is Rewriting the Global LPG Trade

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The effective closure of the Strait of Hormuz amid the 2026 Iran-related conflict has fundamentally altered global liquefied petroleum gas (LPG) trade flows. Middle Eastern exports from Saudi Arabia, the UAE, Qatar, and Iran slowed sharply as tanker traffic collapsed and infrastructure faced risks or attacks. Before the escalation, roughly 54 oil, chemical, and LPG […]

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WSJ Reports Battery Energy Storage Systems Are Moving to Scale. But What Are the Hidden Catches?

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The Wall Street Journal recently highlighted how battery energy storage systems (BESS) are shifting from niche applications to meaningful scale in the United States, with residential deployments accelerating particularly fast. Companies like Base Power are installing home batteries at a rapid clip, and broader market data confirm strong growth in both utility-scale and behind-the-meter segments. […]

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US Oil and Refined Products Inventories Down

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U.S. commercial crude oil inventories rose last week, but Strategic Petroleum Reserve (SPR) draws and sharp declines in key refined products left overall oil and product stocks tighter, according to the Energy Information Administration’s (EIA) Weekly Petroleum Status Report released today for the week ending July 31, 2026. Key Inventory Highlights (Week Ending July 31, […]

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Texas Governor Greg Abbott has directed a halt on new data center connections to the ERCOT grid pending a comprehensive audit of their energy use, water consumption, financing, ownership, and community impacts.

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This action, announced August 3, 2026, comes roughly three weeks after New York became the first state to impose a temporary statewide moratorium on new hyperscale data centers. It applies to projects seeking to interconnect with the Electric Reliability Council of Texas (ERCOT) system and pauses related transmission planning work, including the “Batch Zero” study. […]

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

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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

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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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