Day: January 16, 2026

China Buying 84% More Canadian Oil Year over Year, and Carney Says the Partnership Sets Up for the New World Order

Energy News Beat In a rapidly evolving global energy landscape, China’s strategic partnerships and import trends are reshaping international relations. Recent developments highlight a surge in Canadian oil imports to China, facilitated by expanded infrastructure like the Trans Mountain pipeline. This comes amid statements from Canadian Prime Minister Mark Carney emphasizing a “new strategic partnership” […]

Harold Hamm Says There Is No Need to Drill at $58 per Barrel

Energy News Beat In the ever-volatile world of oil markets, few voices carry as much weight as that of Harold Hamm, the billionaire wildcatter and founder of Continental Resources. As oil prices hover in the low $50s to $60s per barrel amid global oversupply and weakening demand, Hamm has made headlines with his stark assessment: […]

BP and Ford’s Scaling Away from Net Zero: A Sign of Shifting Funding Priorities?

Energy News Beat In the ever-evolving landscape of the global energy transition, recent moves by major players like BP and Ford signal a potential reevaluation of aggressive Net Zero commitments. As economic pressures mount and profitability takes center stage, these companies’ decisions to scale back investments in renewables and electric vehicles (EVs) could foreshadow a […]