Crude Oil News Archives - Energy News Beat

Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

March 30, 2026 Clark Savage10

In a dramatic escalation of the Iran conflict, Iranian drone strikes have repeatedly hammered the UAE’s Fujairah oil terminal — the critical endpoint of the Abu Dhabi Crude Oil Pipeline (ADCOP, also known as Habshan–Fujairah). This pipeline was one of the region’s primary bypass routes around the now-blocked Strait of Hormuz. Multiple attacks in mid-March […]

California’s Oil and Gas Crisis: Expert Warns of Full Scope of the Potential Danger

March 29, 2026 Clark Savage34

Is California on the precipice of social and economic collapse? ENB Pub Note: This article is from the California Globe by Katy Grimes, and she has appeared on the Energy News Beat several times discussing the California energy crisis caused by Gavin Newsom. David Blackmon, Stu Turley, and Mike Ariza will be recording a podcast […]

Saudi Pipeline Hits 7 Million BPD Goal Bypassing the Strait of Hormuz

March 28, 2026March 28, 2026 Clark Savage28

In a remarkable display of strategic foresight and engineering resilience, Saudi Arabia has ramped its East-West Pipeline—also known as the Petroline—to full capacity of 7 million barrels per day (bpd), fully bypassing the disrupted Strait of Hormuz. This milestone comes at a critical moment. The ongoing Iran conflict has effectively closed the Strait of Hormuz […]

US Oil Majors Leading the Way on Fiscal Responsibility

March 28, 2026 Clark Savage25

As the world’s largest oil and gas companies slash spending on low-carbon “transition” projects for the first time in eight years, one thing is crystal clear: U.S. oil majors are proving that fiscal discipline and bold upstream development are not mutually exclusive—they are the winning formula. According to BloombergNEF data highlighted in today’s Watts Up […]

Russia’s Oil Exports Have Been Drastically Impacted: Ukrainian Drone Campaign Hammers Refineries, Terminals, and Pipelines

March 25, 2026March 28, 2026 Clark Savage14

Russia’s oil export machine—once the backbone of its war economy—is reeling under a sustained Ukrainian drone offensive that has targeted refineries, export terminals, and critical pipeline infrastructure for over two years. What began as sporadic strikes in 2024 has escalated into a systematic campaign, with Ukrainian forces conducting more than 120 strikes on energy targets […]

Iranian War May Have an Off Ramp – Did The US Just Get Kharg Island?

March 25, 2026March 28, 2026 Clark Savage29

President Donald Trump dropped a bombshell yesterday in the White House Oval Office: Iran just handed the United States a “very big present” worth a tremendous amount of money. It wasn’t nuclear-related, he stressed. It was “oil-and-gas-related” and tied directly to the flow through the Strait of Hormuz. Trump called it a “significant prize” that […]

Chevron Warns California Risks Fuel Crisis Unless Iran War Eases

March 24, 2026March 28, 2026 Clark Savage19

Chevron Corp. has issued a stark warning to California: the state is barreling toward a full-blown fuel crisis unless the ongoing war with Iran eases and state officials slash taxes and regulations that have strangled its refining industry. The world’s second-largest oil company is signaling it may walk away from refining in the Golden State […]

Chevron to Buy Oil from Sable Offshore for Californians

March 24, 2026March 28, 2026 Clark Savage19

In a significant boost for California’s energy security and domestic oil supply, Chevron Corp. announced plans to purchase up to 20,000 barrels per day of crude oil from Sable Offshore Corp.’s newly restarted Santa Ynez Unit platforms off the coast of Santa Barbara. The deal, reported today, marks one of the first commercial sales of […]

Global Fertilizer Crisis Deepens: Strait of Hormuz Closure, Diesel Shortages, and LNG Disruptions Threaten Agriculture and Food Security

March 24, 2026March 28, 2026 Clark Savage13

The global agriculture sector is staring down a perfect storm of fertilizer disruptions, diesel fuel shortages, and skyrocketing energy costs—all triggered by the effective closure of the Strait of Hormuz following the escalation of conflict in the Middle East after “Operation Epic Fury” on February 28, 2026. What began as a geopolitical flashpoint has rapidly […]

Refineries Under Attack Globally

March 23, 2026March 28, 2026 Clark Savage15

Energy News Beat Special Report – March 2026 Escalating conflicts have turned oil refineries into strategic targets worldwide. Ukrainian drone campaigns continue to hammer Russian facilities, while the 2026 Iran war (U.S.-Israeli strikes on Iran and Iranian retaliation across the Gulf) has triggered widespread damage to refineries, terminals, and related gas infrastructure in Saudi Arabia, […]

Category: Crude Oil News

Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

California’s Oil and Gas Crisis: Expert Warns of Full Scope of the Potential Danger

Saudi Pipeline Hits 7 Million BPD Goal Bypassing the Strait of Hormuz

US Oil Majors Leading the Way on Fiscal Responsibility

Russia’s Oil Exports Have Been Drastically Impacted: Ukrainian Drone Campaign Hammers Refineries, Terminals, and Pipelines

Iranian War May Have an Off Ramp – Did The US Just Get Kharg Island?

Chevron Warns California Risks Fuel Crisis Unless Iran War Eases

Chevron to Buy Oil from Sable Offshore for Californians

Global Fertilizer Crisis Deepens: Strait of Hormuz Closure, Diesel Shortages, and LNG Disruptions Threaten Agriculture and Food Security

Refineries Under Attack Globally

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Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

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