Energy News Beat ENB Pub Note: This story originally ran on the California Globe by Katy Grimes, who was a fantastic guest on the Energy News Beat Podcast. This follows the corruption and horrific problems in energy policies that Gavin Newsom has eviscerated the business, finances, and energy markets in California. We recommend following the […]
Energy News Beat In a bold strategic pivot, Baytex Energy Corp. has officially exited the U.S. market by selling its Eagle Ford shale assets for net proceeds of approximately $2.14 billion. This move, completed on December 19, 2025, marks the end of Baytex’s presence in the prolific South Texas basin and shifts the company’s focus […]
Energy News Beat In a stark reminder of California’s ongoing energy woes, San Francisco was plunged into darkness on December 20, 2025, as a massive power outage affected approximately 130,000 customers—roughly one-third of the city’s residents and businesses. The blackout, occurring on a peak holiday shopping day, disrupted daily life, commerce, and transportation across large […]
Energy News Beat In a move that underscores the ongoing turmoil in California’s energy sector, state regulators have slashed the profits that major utilities like PG&E Corp. and Edison International can earn on critical grid investments. The California Public Utilities Commission (CPUC) made this decision to curb skyrocketing electricity bills, attempting to strike a balance […]
Energy News Beat In a bold escalation of tensions between the United States and Venezuela, the Trump administration has intercepted a second oil tanker amid an ongoing blockade aimed at crippling the Maduro regime’s oil exports. On December 20, 2025, the US Coast Guard seized the supertanker named Centuries in the Caribbean Sea, shortly after […]
