Day: November 3, 2025

US energy policy is currently locked in a fierce battle between people who say renewables will make electricity less expensive and people who say they won’t.

Energy News Beat ENB Pub Note: Doug Sheridan writes another great article on LinkedIn. It raises a key point: you need to think for yourself and look at the numbers.  Matthew Yglesias writes in Bloomberg, US energy policy is currently locked in a fierce battle between people who say renewables will make electricity less expensive […]

BP to sell interests in US midstream assets to Sixth Street for $1.5bn – What does this mean for investors?

Energy News Beat In a strategic move to streamline its portfolio and unlock capital, BP plc announced on November 3, 2025, the divestment of non-controlling interests in its US onshore midstream assets to funds managed by investment firm Sixth Street for a total consideration of $1.5 billion. This transaction aligns with BP’s broader goal of […]

BP, Eni and TotalEnergies Warn the “2026 Oil Glut” Is a Mirage

Energy News Beat In a bold counter to the International Energy Agency’s (IEA) dire predictions of a massive oil surplus, executives from Europe’s leading oil majors—BP, Eni, and TotalEnergies—are sounding the alarm that the so-called “2026 oil glut” may be nothing more than an illusion. While the IEA forecasts an “untenable” oversupply potentially reaching 4 […]

The Opportunity Cost of Bill Gates Climate Crisis

Energy News Beat The Opportunity Cost of Bill Gates Climate Crisis In a shocking flip, Bill Gates announced that Climate Change, while a real issue, is not an “existential threat” to humanity. Wow, how much has his Climate leadership impacted global markets and society and how has it harmed kids’ mental health? You have to […]

No New North Sea Oil Wells for First Time Since 1960s: Labour’s Crackdown on Oil and Gas Industry Blamed for Collapse of Exploration in UK Waters

Energy News Beat In a stunning blow to the UK’s energy sector, 2025 is set to mark the first year since 1964 without any new exploratory oil wells being drilled in the British North Sea. This is yet another example of bad management and energy policies. According to a Westwood Global Energy survey, no offshore […]

ExxonMobil Warns EU Law Could Force Exit from Europe – What is the impact to the EU and investors?

Energy News Beat In a stark warning issued on November 3, 2025, ExxonMobil CEO Darren Woods stated that the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD) could compel the company to cease operations in the region. The directive requires large corporations to implement climate transition plans aligned with the Paris Agreement, which Woods argues […]

What do Bill Gates and Exxon Mobil have in common?

Energy News Beat Daily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on Gutfield hits it out of the park. Stu Turley Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric […]