Category: Energy News Beat

ExxonMobil Borrows from SPR Due to Crude Quality Issue

Energy News Beat In a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions […]

Russia Crude Shipments Gain Ahead of Trump’s Sanctions Threat

Energy News Beat As the global energy market navigates geopolitical tensions, Russia’s crude oil shipments have shown a notable rebound in recent weeks, even as the shadow of potential new U.S. sanctions looms large. With President Donald Trump issuing a stark ultimatum tied to the ongoing Russia-Ukraine conflict, the implications for Russia’s oil and liquefied […]

Peak Oil Not on the Horizon, as Global Oil Consumption Reaches an All-Time High

Energy News Beat In an era where headlines often trumpet the impending demise of fossil fuels, the reality on the ground tells a different story. Global oil consumption shattered records in 2024, climbing to 101.8 million barrels per day (bpd), a 0.7% increase from the previous year and marking an all-time high. No Taxes for […]

Most of the planned coal capacity retirements are in the Midwest or Mid-Atlantic regions

Energy News Beat Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, May 2025 Note: Regions are based on Hourly Electric Grid Monitor balancing authority groupings. Based on what power plant owners and operators have reported to EIA, the total operating capacity of U.S. coal-fired power plants is scheduled to fall from 172 gigawatts (GW) in May 2025 […]

China’s gas imports up in June

Energy News Beat The data from the General Administration of Customs shows that natural gas imports reached 10.54 million tonnes in June. This compares to 10.42 million tonnes in June 2024 and 10.10 million tonnes in May 2025. Is Oil & Gas Right for Your Portfolio? This marks the first monthly year-on-year rise for China’s gas imports this year, […]

Why Sanctions Don’t Work?

Energy News Beat With President Trump giving President Putin 50 days to come to the negotiation table, there are some real problems with his 100% tariff threats on countries buying Russian oil. And that is, Sanctions don’t work as intended, as stated by Irina Slav, an International energy writer and friend of the Energy News […]

Americans Are Not Afraid of Climate Change – Are You Shocked?

Energy News Beat Americans Are Not Afraid of Climate Change – Are You Shocked? This was an outstanding episode of the Energy Realities podcast with our special Guest, Tom Nelson. He has been on the podcast before, and this time was a great treat for our listeners, and the comments from the live audience was fantastic! […]

California continues to devastate its economy for a net-zero dream world

Energy News Beat ENB Pub Note: This is an excellent article from a friend of the Energy News Beat podcast, Ronald Stein. Great job, and we recommend signing up for his newsletter below.  California’s contribution to global emissions, as the 4th largest economy in the world, is a small percentage, roughly 0.75%. To put that into perspective, […]

100 Percent Secondary Tariffs if no end to the Russia/Ukraine war in 50 days – President Trump

Energy News Beat In a bold move that could reshape global energy markets and geopolitical dynamics, President Donald Trump has issued a stark ultimatum to Russia amid the ongoing conflict in Ukraine. Drawing from recent reports, Trump has threatened to impose 100% secondary tariffs on Russia if the war does not conclude within 50 days. […]

Why Aramco Can’t Win Under Trump’s Oil Price Doctrine

Energy News Beat In the high-stakes world of global energy, Saudi Aramco finds itself trapped in a precarious position under the oil price policies of U.S. President Donald Trump. Trump’s administration has long advocated for a tightly controlled oil price range that benefits American interests but squeezes the profitability of major producers like Aramco. As […]