A long-dormant shale gas reservoir in Alberta is getting a second life — this time as a promising oil play. Companies are targeting the sandstone layers of the Basel Belly River formation in the Willesden Green area southwest of Edmonton, using modern fracking techniques to unlock light oil in what was historically a gas-focused zone.alamy.com […]
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In a significant development for U.S.-Iraq energy relations, President Donald Trump hosted Iraqi Prime Minister Ali al-Zaidi at the White House on July 14, 2026. The meeting focused on deepening strategic ties, advancing major oil and gas investments, and discussing infrastructure projects—including a revived pipeline that could bypass the volatile Strait of Hormuz. Trump also […]
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This was a fun joint podcast and will go out on both channels! In an era of unprecedented geopolitical tension and energy market volatility, Stu Turley of the Energy Newsbeat podcast sits down with Trisha Curtis, CEO of the Petro Nerds podcast, to dissect the forces reshaping global energy markets and international power dynamics. From […]
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ENB Pub Note: This article was originally published on LinkedIn by Kirk Edwards, and he will be on the Energy News Beat podcast soon. That old Texas oilfield saying may not be elegant, but it feels pretty accurate right now. The situation involving Iran appears to be getting worse by the day, and we do […]
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This was originally posted on American Bazaar Online. By Phil Cruver As AI data centers face rising power demands, abandoned oil wells are being repurposed into long-duration energy storage systems that could stabilize electric grids and create new economic value. The recent analysis “The Borehole Battery: From Liability to Long Duration Storage Asset” by Gilles […]
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Recent analyst predictions of an impending oil glut and sharply lower prices have gained traction amid falling benchmark crude prices and reports of recovering tanker flows through the Strait of Hormuz. However, a closer look at actual oil movements, inventory dynamics, refinery constraints, and exploration activity suggests these calls may be getting ahead of reality. […]
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This article was first Run on The Energy News Beat Substack. If you would like to make a comment, head over there. There is a pattern that the more political regulatory overreach, innovation, and lower costs to consumers are quashed. From the wood fires that warmed homes and fueled early industry in 1776 to 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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The latest WellDatabase US Rig Report for June 26, 2026, shows the U.S. active rig count rising by 1 rig week-over-week to 550. This modest increase bucks a broader pattern of stability over the past year and comes against a backdrop of sharply tightening crude oil inventories—especially at the critical Cushing, Oklahoma hub—and continued draws […]
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In a decision that highlights his uncompromising stance against domestic fossil fuel expansion, UK Energy Secretary Ed Miliband reportedly vetoed a Treasury-backed proposal to increase North Sea oil and gas drilling. The plan was designed to generate additional tax revenues to help fund the Ministry of Defense’s urgent need for an extra £18 billion ($24 […]
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