China’s State Council approved the construction of eight new nuclear reactor units on July 31, 2026, during an executive meeting chaired by Premier Li Qiang. The projects, spanning four provinces, represent a total investment exceeding 170 billion yuan (approximately $25 billion) and continue the country’s aggressive expansion of nuclear capacity as a cornerstone of its […]
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For years, the dominant energy narrative has been a single, heavily marketed story: the world is undergoing an inevitable, morally urgent transition away from fossil fuels toward wind, solar, and battery storage. Climate activists, aligned media, and policymakers have framed this as both destiny and imperative. As David Blackmon observed in his August 2, 2026, […]
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Global demand for liquefied natural gas (LNG) carriers is set to be significantly stronger than previously expected over the next decade. French containment-system specialist Gaztransport & Technigaz SA (GTT) has raised its forecast for LNG carrier gas-containment system design orders to about 550 vessels in the 2026–2035 period, up from its earlier estimate of more […]
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West Texas Intermediate crude hovered near $90 per barrel on July 23, 2026, with Brent trading higher in the mid-to-high $90s amid escalating disruptions across multiple global oil transit routes. Markets are reacting to simultaneous pressures on four critical choke points: the Bab el-Mandeb Strait, the Strait of Hormuz, the Suez Canal corridor, and the […]
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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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Be careful who you vote into office – you will end up paying for their decisions. Humanity’s growing thirst for energy shows no signs of slowing. Despite years of “energy transition” rhetoric promising a shift away from fossil fuels, the reality is far different: we are in an Energy Additions Era, where new sources are […]
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China Merchants Energy Shipping (CMES) is doubling down on Very Large Crude Carriers (VLCCs), signaling strong long-term confidence in global crude oil trade despite short-term market volatility. In a recent Lloyd’s List report, the Chinese shipping giant dismissed a nearly 40% drop in VLCC spot rates since late June 2026 as a temporary distortion, raising […]
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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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In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Thomas Land, CEO of Myriad Uranium and J2 Metals, to explore the geopolitical battle reshaping global energy. While China aggressively builds dozens of nuclear reactors to power its AI dominance, the United States remains frozen in time with just 94 reactors—a […]
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West Texas Intermediate (WTI) crude oil is trading around $75 per barrel today, with Brent near $78. Following the U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz, headline prices have eased significantly from the peaks above $120 seen during the conflict. Yet a growing disconnect exists between these paper/futures prices and the […]
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