Energy News Beat | September 19, 2026 The world’s long-haul crude system is running out of the ships that make it work. Bloomberg reported today that soaring freight costs are already making some distant crude trades uneconomic, with barely any Very Large Crude Carriers left for hire in parts of the market. That shortage is […]
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President Donald Trump announced Friday, September 18, 2026, that the United States, Denmark, and Greenland have reached an agreement granting the U.S. “permanent control over security and all other needs” in Greenland. The deal stops short of any transfer of territory. Danish and Greenlandic leaders confirmed the outlines and said the three governments expect to […]
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Energy News Beat — September 18, 2026 A drone struck a cooling tower at Russia’s Kursk Nuclear Power Plant early Thursday, September 17, according to the International Atomic Energy Agency, in the most serious confirmed hit on an operating Russian nuclear unit since the war began. The incident landed three days after President Donald Trump […]
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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 […]
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The U.S. Coast Guard and FBI boarded a Liberian-flagged very large crude carrier bound for Galveston, Texas, and a second energy tanker headed for another Texas port in the Gulf of Mexico after investigators found indications that foreign cyber actors had compromised their networks. Iranian state media claimed hackers seized control of propulsion, navigation, cargo, […]
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Hamburg-based Enerparc AG, one of Europe’s largest independent solar park owners, filed for insolvency at the Hamburg Local Court. On September 7, 2026, the court appointed restructuring attorney Stefan Denkhaus of BRL as provisional insolvency administrator. Operations at the parks are continuing while administrators try to stabilize the group. Enerparc reports about 5.5 GW of […]
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The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 now sits on President Donald Trump’s desk after the House passed it 262-159 on September 16. The Senate had already approved it 86-11. The bill targets Russia’s energy sector, officials, banks, oligarchs, and shadow fleet while authorizing the president to impose tariffs of up […]
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The MOU is not a final development contract. Continental and PDVSA said they intend to convert it into a long-term Contrato de Participación Productiva (CPP) in the coming weeks. Once that agreement is signed, Continental would operate the block with a 100% working interest. The announcement was made in Houston during the G20 energy ministers […]
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Moscow is keeping diesel at home through the end of October. That decision lands on a European market that has already lost its old Russian supply line, is watching Saudi crude and product routes seize up, and is about to hear from the Bank of England on interest rates. The combination is not a single […]
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Diesel prices in the United States have smashed through records, topping $6.31 a gallon nationally as of September 16, 2026. Truckers, farmers, and households feel it immediately. Heating oil, chemically similar to diesel, is following the same path. With midterms weeks away, the political pressure is intense. Senate Majority Leader John Thune said he is […]
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