On June 22, 2026, Virginia’s General Assembly approved its two-year biennial budget (HB 30), which includes a first-of-its-kind electricity consumption tax on qualifying data centers. The tax took effect July 1, 2026, and runs through June 30, 2028. The measure levies $0.011 per kWh (1.1 cents) on all electricity consumed at covered data centers each […]
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In a significant move blending Texas real estate and energy dynasties with public-market access, members of the billionaire Hunt and Crow families have partnered with Nasdaq-listed Empery Digital Inc. (NASDAQ: EMPD) to develop data centers targeting hyperscalers and AI workloads. The group has agreed to acquire a powered Midwest industrial facility for $230 million. The […]
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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 […]
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The latest development in America’s shifting energy landscape came on June 29, 2026, when the U.S. Department of the Interior (DOI) announced a settlement with Duke Energy. The utility will voluntarily terminate its $129 million Carolina Long Bay offshore wind lease and reinvest that capital into new natural gas generation, nuclear power, and grid enhancements […]
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A powerful thunderstorm packing extreme straight-line winds slammed into central South Dakota this morning, leaving critical damage at a wind farm near Highmore in Hyde County. Storm chaser Jakob McMillin documented the scene in a widely shared post on X (formerly Twitter), showing multiple wind turbine towers collapsed or heavily damaged, with blades and structural […]
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Cheniere Energy, Inc. (NYSE: LNG) has begun commissioning activities on the seventh and final midscale liquefaction train at its Corpus Christi Stage 3 expansion project in Texas, marking another key milestone toward full completion of the seven-train buildout by the end of 2026. According to regulatory filings with the Texas Commission on Environmental Quality (TCEQ) […]
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The Williams Companies, Inc. (NYSE: WMB), one of America’s largest natural gas infrastructure companies, is in late-stage talks to acquire privately held Momentum Midstream from EnCap Flatrock Midstream in a deal valued at approximately $5.5 billion. If completed, it would rank among the largest acquisitions in Williams’ history and significantly strengthen its position in the […]
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ENB Pub Note: This article was written by Randy Green at RHG Phoenix Petroleum, and I found it very interesting. “U.S. shale overall is maturing, not collapsing. The real story is one of adaptation: capital discipline, consolidation, longer laterals, and now EOR/refracs to maximize what’s already been developed.” No, the Eagle Ford is not done […]
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Coal-fired power plants have long been portrayed as outdated, expensive burdens on the American grid — relics that must be retired to make way for “cheaper” renewables. But the data tells a very different story. Energy Bad Boys (analysts Mitch Rolling and Isaac Orr) have delivered the receipts with a rigorous analysis of real-world operating […]
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In a world rocked by geopolitical tensions around the Strait of Hormuz — a critical chokepoint for global oil supplies — and an explosive surge in electricity demand from AI data centers, nuclear power is experiencing a powerful resurgence. Reliable, low-carbon baseload energy is no longer a niche option; it is becoming central to energy […]
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