Category: Energy News Beat

Canada Has Imported Billions of Dollars of Oil, Yet It Remains an Oil and Gas Rich Country

Energy News Beat As an energy-rich nation with the fourth-largest proven oil reserves in the world, Canada paradoxically continues to import billions of dollars’ worth of crude oil annually. This irony was recently highlighted in a viral X post by MP Bob Zimmer (@bobzimmermp), who delivered a speech at the BC Natural Resources Forum, decrying […]

The EU Will Thank President Trump for Forcing Them To Stand On Their Own – Or They Will Fail.

Energy News Beat ENB Pub Note: This article is from Doug Sheridan’s LinkedIn account. We highly recommend following and connecting with him there. The bottom line from Davos this week is a slap in the face: if they do not stand on their own, reindustrialize, close their borders, and get control of their finances, they […]

Trump Takes Aim at Britain’s Net Zero Agenda in Davos Tirade

Energy News Beat Trump argued that Britain’s commitment to net zero has curtailed domestic energy production and deterred investment in the North Sea. He criticised high oil and gas taxes and dismissed claims that the North Sea is largely depleted. The US president also attacked wind power and questioned central bank independence, adding to market […]

Post Maduro Capture, Venezuela Is Not the Only Reason to Own Oil Field Services Stocks

Energy News Beat The recent capture of Nicolás Maduro has sparked renewed optimism in the global energy sector, particularly for oilfield services (OFS) companies eyeing Venezuela’s vast untapped reserves. With the potential lifting of U.S. sanctions and a revival of operations in the Orinoco Belt, firms with expertise in heavy oil extraction and infrastructure could […]

US Crude Oil Inventories Up

Energy News Beat In the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) for the week ending January 9, 2026, U.S. commercial crude oil inventories (excluding the Strategic Petroleum Reserve) saw a notable increase of 3.4 million barrels, reaching a total of 422.4 million barrels. This build defied market expectations of […]

Trump’s Speech at Davos Sets the Choice of Grow Baby Grow or Keep Doing What You’re Doing

Energy News Beat In a riveting address at the World Economic Forum in Davos on January 21, 2026, President Donald Trump laid out a stark binary for global leaders: embrace America’s model of explosive economic growth through deregulation, tariffs, and energy dominance—or stick with the status quo of high taxes, green energy mandates, and stagnant […]

Negotiations Over Greenland Are Moving in a Positive Direction, Says Trump

Energy News Beat In a significant development at the World Economic Forum in Davos, Switzerland, President Donald Trump announced on January 21, 2026, that negotiations regarding Greenland and the broader Arctic region are progressing positively. In a post on his Truth Social platform, Trump stated that he and NATO Secretary General Mark Rutte had “formed […]

Energy Secretary Discusses Falling Fuel Prices and Efforts to Boost U.S. Energy Production Live from Davos

Energy News Beat Secretary Chris Wright has some key points, and the fact that Venezuela may bring in $5 billion this year is huge, and that could be a huge win for the Venezuelan people if handled correctly. Secretary Wright’s handling of the Venezuela oil situation has been critical for both Venezuela and the United […]

BHP CEO Sees 75 Percent in Growth in Copper

Energy News Beat At Davos, Maria Bartiromo on Fox Business interviews Mike Henry, the CEO of BHP, about copper and the next wave of demand. There are some huge nuggets in this interview this morning, and looking at the copper miners and suppliers will be critical for investors. Key Points: 1. BHP’s copper production and […]

Natural Gas Prices Spike with Cold Weather Impacting Large Areas

Energy News Beat As winter grips the United States with unprecedented intensity in January 2026, natural gas prices have skyrocketed, reflecting a sharp surge in heating demand amid freezing temperatures and looming storms. This volatility underscores the energy market’s sensitivity to weather patterns, with implications rippling through consumer budgets and investment portfolios alike. In this […]