GE Vernova (NYSE: GEV) delivered a blockbuster first-quarter 2026 performance that exceeded analyst expectations across the board, sparking a roughly 13-14% surge in its stock price. The energy technology leader reported revenue of $9.3 billion (up 16% year-over-year and 7% organically), adjusted EBITDA of $896 million (nearly doubling from the prior year, with a margin […]
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The Iran war that erupted on February 28 has sent oil prices surging past $100 per barrel amid disruptions in the Strait of Hormuz and Persian Gulf supply chains. While the broader energy sector has benefited from the geopolitical shock, not all Big Oil majors have performed equally. BP has emerged as the standout performer […]
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ENB pub Note: This article ran on David Blackmon’s Substack and validates several articles we have published here on Energy News Beat. We recommend subscribing to David’s Substack. David and Stu Turley will be on a Podcast this week with Tim Stewart, President of the US Oil & Gas Association. Six weeks after I wrote […]
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America stands on the cusp of a geothermal energy revolution that could deliver up to 150 gigawatts (GW) of clean, constant, 24/7 baseload power—enough to power tens of millions of homes and slash reliance on intermittent renewables or fossil fuels. The breakthrough? Enhanced Geothermal Systems (EGS), which use advanced drilling techniques borrowed from the oil […]
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As the Iran war enters its third month, the world is staring down the barrel of the largest oil supply disruption in history. The Strait of Hormuz—the chokepoint for roughly one-fifth of global petroleum trade—has been effectively closed to most non-Iranian shipping since early March 2026. Bloomberg’s latest analysis warns that the resulting “billion-barrel oil […]
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U.S. energy exports have surged to unprecedented levels in 2026, driven by global supply disruptions from the ongoing conflict in the Middle East and the effective closure of key Persian Gulf shipping routes. According to The Wall Street Journal, crude oil and petroleum product exports reached a record of nearly 12.9 million barrels per day […]
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As the Strait of Hormuz remains effectively closed following the escalation of the U.S.-Israel-Iran conflict in late February 2026, the world is witnessing what energy experts are calling the largest supply shock in history. Traffic through the strait has plummeted by over 95%, choking off roughly 20% of global oil and LNG flows, along with […]
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ENB Pub Note: This article ran on David Blackmon’s Substack, and we highly recommend subscribing. Even as U.S. gasoline prices rise again amid ongoing Strait of Hormuz tensions, American drivers are still paying less than half what Europeans and Asians endure at the pump. The reason is simple: America chose lower taxes and genuine energy security. […]
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The standard Levelized Cost of Energy (LCOE) has dominated energy policy discussions for years. Policymakers, media, and even some industry reports cite it to claim that wind and solar are now the “cheapest” forms of new electricity generation. But as Germany’s Energiewende and certain U.S. states demonstrate, this metric is dangerously incomplete. It ignores the […]
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In a significant boost for British Columbia’s natural gas sector and Canada’s position as an energy superpower, the federal government today approved Enbridge Inc.’s $4 billion Sunrise Expansion Program. The project will add up to 300 million cubic feet per day (MMcf/d) of additional transportation capacity to the southern section (T-South) of Enbridge’s Westcoast natural […]
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