A powerful Tropical Cyclone Narelle has forced Chevron to shut down production at its Wheatstone LNG facility in Western Australia, adding fresh pressure to an already strained global liquefied natural gas (LNG) market. The outage, which began on March 26-27, 2026, stems from storm damage to the offshore platform and onshore processing plant near Onslow. […]
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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 […]
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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 […]
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Southern Nevadans are paying over $5 a gallon for gas — and Congresswoman Susie Lee wants you to believe it’s all because of “Trump’s war.” In a now-viral X post, Rep. Lee (D-NV) claimed: “Southern Nevadans are now paying over $5/gallon for gas because of Trump’s war. We need to lower costs for hardworking families. […]
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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 […]
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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 […]
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Energy News Beat Analysis – March 2026 Oil prices have spiked in early 2026 amid escalating Middle East tensions, with WTI futures recently trading in the $75–$90+ range and Brent pushing even higher on supply disruption fears. Geopolitical risks around the Strait of Hormuz have flipped the script from the soft-price environment many producers budgeted […]
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ENB Pub Note: This article is from the California Globe. Gov. Newsom is presiding over perhaps the largest collapse of the oil industry, refinery operations and gasoline production in U.S. history By Katy Grimes, March 10, 2026 4:34 am With Marathon Petroleum sending a blistering warning to Governor Gavin Newsom and top state officials in a […]
Continue ReadingENB Pub Note: This article is from Katy Grimes, the Editor in Chief of the California Globe, and I will be interviewing one of her oil experts next week on this topic on the Energy News Beat Podcast. Chevron just sent a letter to California Governor Gavin Newsom and the California Air Resources Board warning […]
Continue ReadingJack Prandelli of The Merchants News Substack stopped by, and we had a blast visiting about huge changes in the oil and gas markets. At the end of the podcast, we also discuss how we should restructure electricity prices for consumers. 1. China’s efforts to reduce its reliance on the US dollar: – China is […]
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