Energy News Beat In a surprising turn of events, California officials are scrambling to secure a buyer for Valero Energy’s Benicia refinery, slated for closure in April 2026, according to three anonymous sources familiar with the matter. This intervention by the state government marks a rare departure from its aggressive push toward green energy policies, […]
Energy News Beat In a bold move to strengthen America’s economic position and promote fair trade practices, President Donald Trump announced three new trade agreements on July 22, 2025. These deals, involving Indonesia, the Philippines, and Japan, aim to foster reciprocal trade, reduce imbalances, and boost U.S. exports while maintaining protective tariffs. The announcements come […]
Energy News Beat In an era where efficiency and cost management are paramount in the energy sector, artificial intelligence (AI) is emerging as a game-changer for oil production. Executives at the 2025 CERAWeek energy conference in Houston highlighted how AI is accelerating drilling processes, reducing operational expenses, and unlocking geological insights that were previously unattainable. […]
Energy News Beat The electric vehicle (EV) market is continuing to surge globally, driven by advancements in technology, growing demand for hybrids, government incentives, and increasing consumer demand for sustainable transportation. Now that government incentives are being phased out, we will see how this plays out. If you are Gavin Newsom, it would make sense […]
Energy News Beat In a world racing toward net zero emissions—or at least claiming to—Brazil is charting a boldly contrarian course. As the host of the upcoming COP30 climate summit, the South American giant is ramping up its oil production at a pace that could torpedo global climate goals. Meanwhile, California, the self-proclaimed leader in […]
Energy News Beat DALLAS, Jul. 22 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador” or the “Company”) today reported financial and operating results for the second quarter of 2025. A slide presentation summarizing the highlights of Matador’s second quarter 2025 earnings release is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under […]
Energy News Beat PITTSBURGH, July 22, 2025 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced financial and operational results for the second quarter of 2025. Are you from California or New York and need a tax break? Second Quarter 2025 Results: Production: Sales volume of 568 Bcfe, at the high-end of guidance driven by strong well performance and compression project […]
Energy News Beat In the ever-evolving landscape of global energy, few questions spark as much debate as the future of oil and gas demand. With OPEC projecting a staggering $18.2 trillion in new investments needed by 2050 to ensure sufficient supply, the industry finds itself at a crossroads. This is a topic that Michael and […]
Energy News Beat Daily Standup Top Stories Stargate Advances with 4.5 GW Partnership with Oracle July 22, 2025 Clark Savage In a landmark move that underscores the escalating energy demands of artificial intelligence, OpenAI has announced a partnership with Oracle to develop an additional 4.5 gigawatts (GW) of data center capacity for its Stargate AI […] California […]
Energy News Beat South Korea’s Hanwha Group has placed a landmark order for a liquefied natural gas (LNG) carrier at its US-based Hanwha Philly Shipyard — the first such export-market-viable vessel to be built in the United States in nearly half a century. The order, valued at a minimum of $250m, includes an option for […]
