Day: October 31, 2025

US Officials to Skip UN Climate Talks Trump Derides as a Scam

Energy News Beat In a move that underscores the Trump administration’s unapologetic pivot toward energy realism and away from what many see as globalist green agendas, high-level U.S. officials have decided to boycott the upcoming UN COP30 climate summit in Belém, Brazil. This decision, detailed in a recent Bloomberg report, aligns seamlessly with President Donald […]

AEC’s State of African Energy 2026 Outlook: Onshore Hydrocarbon Spending in Africa Set to Hit $22 Billion

Energy News Beat The African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa’s onshore oil and gas sector. According to the report, onshore hydrocarbon spending across the continent is projected to reach $22 billion in 2026, driven by […]

U.S. Rig Count Falls Despite Record Production, and Draws from Inventories

Energy News Beat In the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a decline of 35 rigs compared to the same period last year. This drop comes even as domestic […]

Oil Steadies as Traders Eye Geopolitical Issues and US Calming Moves on Venezuela

Energy News Beat In the volatile world of energy markets, oil prices have found a moment of stability heading into the weekend, with traders closely monitoring a mix of geopolitical tensions and reassuring signals from the US regarding Venezuela. As of October 31, 2025, West Texas Intermediate (WTI) crude is hovering near $60 per barrel, […]

George Harmer: Halting Oil Production Could Make Santa Barbara County Beaches Dirtier and Kill Tourism

Energy News Beat ENB Pub Note: This article is from Noozhawk in Santa Barbara, and was written by George Harmer. George was on the ENB podcast with Stu Turley and Steve Hilton, the Governor Candidate for California. Gavin Newsom’s energy policies have crippled California and are a National Security risk for the United States. Santa […]

Chevron Beats Estimates as the Hess Deal Contributes to Oil Production

Energy News Beat In a resilient performance amid fluctuating oil prices, Chevron Corporation (NYSE: CVX) reported third-quarter 2025 earnings that surpassed Wall Street expectations, bolstered significantly by the recent integration of Hess Corporation’s assets. The acquisition, completed in July 2025, has already begun paying dividends through enhanced production volumes, particularly from high-yield fields in Guyana. […]

Joe Raia on LNG, Lithium, and Why Abaxx Is the Exchange to Watch

Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley, host, welcomes Joe Raia, Chief Commercial Officer at Abaxx Exchange, to discuss how Abaxx is revolutionizing global commodity futures trading. From physically deliverable LNG and critical mineral contracts to pioneering gold vaulting in Singapore, Raia outlines how Abaxx is bringing much-needed […]

Enforcement of the Latest Sanctions from the US on Russian Oil will be the Key – Stu Turley says it is a mistake to Sanction India

Energy News Beat In the escalating geopolitical tensions surrounding Russia’s invasion of Ukraine, the United States under President Donald Trump has intensified its economic pressure on Moscow through a new round of sanctions targeting the heart of Russia’s economy: its oil sector. Announced in October 2025, these measures focus on Russia’s two largest oil companies, […]