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US Energy News
Secretary Chris Wright Targets $42 Million in Defense Production Act Funding to Advance Constitution Pipeline, Aiming to Cut Costs for New York and New England Consumers
On October 19, 2026, the U.S. Department of Energy announced it will use up to $42 million in Defense Production Act (DPA) Title III funding to advance the long-stalled Constitution Pipeline. The 125-mile natural gas line would move up to 650,000 dekatherms per day of Marcellus Shale gas from northeastern Pennsylvania into New York, connecting […]
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Exploration & Production
The GeoTES Revolution Solving California’s Energy Crisis with Oil and Innovation
In this episode of the Energy Newsbeat podcast, host Stu Turley sits down with David Blackmon (Forbes contributor and Energy Impacts podcast host) and Mike Umbro (energy innovator and founder of California for Energy and Science) to explore a groundbreaking solution to California’s energy crisis. The conversation centers on Geologic Thermal Energy Storage (GeoTES)—a revolutionary […]
ExxonMobil Signals Soaring Refining Earnings as Downstream Boom Offsets Upstream Pressure
ExxonMobil’s preliminary third-quarter update has put refining front and center for investors. Higher refining margins are expected to add roughly $4.5 billion to downstream earnings compared with the second quarter—on top of the $4.1 billion the company already generated from refining in Q2. That surge comes even as upstream earnings face an estimated $1.3 billion […]
How has OPEC’s production pre-war and current output under stress?
The Iran war that began around February 28, 2026, with U.S.-Israeli strikes and subsequent Iranian responses, has reshaped OPEC+ crude production and, more sharply, refined product exports. Pre-war levels (roughly February 2026) represented a relatively stable baseline after earlier OPEC+ quota management. Current output remains under significant stress from Strait of Hormuz disruptions, infrastructure attacks, […]
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