Category: Energy News Beat

Equinor, Shell, BP News Illustrates the Failing Energy Transition

Energy News Beat This article is from David Blackmon’s Substack, and we highly recommend you follow him. His spot on his analysis of the oil majors and their move away from ‘renewables”. And brings up the other topic quietly, is the new Chairman of the Board of BP being brought on to move to the […]

China’s Oil Demand is Plateauing, But What Does That Mean for Global Markets?

Energy News Beat In the ever-evolving landscape of global energy, China’s role as the world’s largest oil importer has long been a cornerstone of market dynamics. However, recent projections suggest a significant shift: China’s oil demand is expected to peak around 2027 and then enter a gradual decline. This development, highlighted in a recent LinkedIn […]

Golden Pass LNG gets new FERC approval as commissioning progresses

Energy News Beat FERC said in a filing dated July 22 that it granted Golden Pass LNG Terminal’s request to introduce hazardous fluids into the fuel gas system and ground flares nos. 1 and 2. State-owned QatarEnergy owns a 70 percent stake in the Golden Pass LNG project with a capacity of more than 18 […]

Tariffs Actually Work?!

Energy News Beat Daily Standup Top Stories President Trump Announces Three New Trade Deals July 23, 2025 Clark Savage 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 […] Brazil Bets […]

In Rare Move, California Steps In to Find Buyer for Valero Refinery to Avoid Closure, Sources Say

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, […]

President Trump Announces Three New Trade Deals

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 […]

AI Leading to Faster, Cheaper Oil Production

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. […]

Global EV Market in 2025: Growth Amid Fire Risks and Insurance Challenges

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 […]

Brazil Bets Against Net Zero. Yet California Doubles Down on Brazilian Crude Oil

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 […]

Matador Resources Company Reports Second Quarter 2025 Results and Updates Full Year 2025 Guidance

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 […]