Saudi Arabia is accelerating efforts to expand its oil export infrastructure and alternative exit ports to reduce reliance on the Strait of Hormuz, as disruptions from the ongoing regional conflict continue to reshape Gulf energy flows. Aramco CEO Amin Nasser confirmed in early November 2026 earnings commentary that preliminary engineering work has begun on expanding […]
Continue Reading
Brent topped $116 on claims Riyadh has not confirmed. A U.S. letter to Tehran and Qatari mediators point one way, a market bracing for post-election strikes points the other, and the bill lands at the diesel pump. By Energy News Beat | Oct. 30, 2026 | AAA read Oct. 30, 2026, morning CT; EIA data […]
Continue Reading
Yemen’s Houthis say they hit Saudi Arabia’s largest refinery. Saudi Arabia has confirmed interceptions, not damage. Crude fell Tuesday on diplomacy and rose Wednesday on fear, while the national average held at $4.25 a gallon. By Energy News Beat | Oct. 28, 2026 | AAA read 6:14 a.m. CT Yemen’s Houthis say they hit Saudi […]
Continue Reading
Saudi Arabia hasn’t confirmed the East-West pipeline attack, and Brent slipped about 1.5% as hopes rose for talks in Tehran. What it means at the pump and in your portfolio. By Energy News Beat Futures as of about 7:05 a.m. CT Monday, Oct. 26 (Yahoo Finance; OilPrice.com); attack status as of 7:15 a.m. CT. If […]
Continue Reading
Iran claims seven tankers were hit near Hormuz, and President Trump calls the hits fake. Saudi Arabia’s Red Sea bypass is rated at 7 million barrels a day. Diesel is $6.32. Here is what is confirmed, what is only claimed, and what it costs you. By Energy News Beat | Friday, Oct. 23, 2026 | […]
Continue Reading
I was on a roll today. “Virginia Gov Drives the Net Zero Budget Like a Shoppin Cart” In this week’s Energy News Beat podcast, host Stu Turley tackles the critical energy challenges facing America, from skyrocketing diesel prices and refinery closures to the political policies driving energy costs higher. With diesel at $6.32 per gallon […]
Continue Reading
Saudi Aramco ordered the evacuation of its Dhahran headquarters on Thursday, October 22, 2026, directing staff to work remotely after an alarm. Multiple sources, including Bloomberg and Reuters, confirmed the move. It is the first full headquarters evacuation since the U.S.-Israeli war with Iran began in late February 2026.BloombergReuters The headquarters, which includes an operations […]
Continue Reading
On paper, this looks like an org chart. In practice, it is a financing and accountability decision. Gulf national oil companies have spent the last several years listing or monetizing everything except the core oil barrel. ADNOC listed pieces of gas, drilling, and retail. Aramco already listed SABIC and has raised billions against pipelines and […]
Continue Reading
Aramco’s East-West pipeline outage leaves European term buyers with a zero allocation for October. Crude is being rerouted to Asia. Products, not barrels, remain the tighter market. Saudi Aramco has told European term customers they will receive no crude in October under long-term contracts, according to people familiar with the decision cited by Bloomberg and […]
Continue Reading
NASA fire-detection satellites and open-source thermal data captured two intense fires at the Aramco complex in Yanbu on Saudi Arabia’s Red Sea coast, each radiating roughly 40 megawatts of heat—far above the 5–10 megawatts typical of a routine flare. The detections, highlighted in reporting shared by Chris Martenson quoting Mario Nawfal, come as Yanbu has […]
Continue Reading