Category: Energy News Beat

New Report Warns Consequences of an Oil Pipeline Shutdown Would ‘Cascade Across the State’

Energy News Beat ENB Pub Note: This article is a fantastic follow-up to the interview that Stu Turley, Mike Umbro, and Katy Grimes had on the Energy News Beat Podcast on Friday. This is a gigantic Energy Security problem that the Trump Administration is now facing. We will be following this huge crisis, and please […]

Oil could be next year’s gold, says investor Peter Boockvar

Energy News Beat Peter Boockvar, CIO of One Point BFG Wealth Partners, was interviewed on ‘Fast Money’ to discuss why he is bullish on energy heading into 2026. I found this story very interesting as Peter goes through the key bullet points. Their interview was on CNBC. This Friday, Stu Turley and David Blackmon will […]

US Oil Rig Count Stages A Comeback After Last Week’s Losses

Energy News Beat The US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from Baker Hughes. This marks a reversal from the previous week’s decline and signals renewed drilling activity amid […]

Judge Rules For Landowner, Stops Controversial Wind Lease In Converse County

Energy News Beat In a significant victory for local landowners, Converse County District Judge F. Scott Peasley has ruled in favor of rancher Mike Stephens, effectively halting a controversial wind lease tied to the Pronghorn H2 green hydrogen project. The decision, issued on December 5, 2025, vacates Wind Lease No. WL-1620, which was approved by […]

Has California’s Oil and Gas Industry Hit the Point of No Return? – Major Pipelines Could Be Closing Within Weeks.

Energy News Beat Katy Grimes, Editor in Chief of the California Globe, and Mike Umbro stop by the ENB Podcast. This podcast rolled around because Katy Grimes, the Editor in Chief of the California Globe, wrote a brilliant story, “Has California’s Oil and Gas Industry Hit the Point of No Return?” and in that story, she […]

California’s Oil Rush Slips into Final Act, and May Take Alaska’s Oil Rebound Down with It

Energy News Beat The Golden State’s Fading Oil Legacy California, once a powerhouse in U.S. oil production, is watching its storied industry fade into history. From a peak of 760,000 barrels per day (b/d) in 2000, output has plummeted to just 250,000 b/d in 2025. This decline isn’t just a matter of exhausted wells; it’s […]

The Shadow Fleet End? – Giacomo Prandelli

Energy News Beat ENB Pub Note: This is a fantastic article from Giacomo Prandelli, and Stu Turley will be interviewing him next week on the Energy News Beat podcast. This is going to be a great interview, as The Merchant News Substack is packed with fantastic insights from the global energy markets.  On a quiet […]

The US’ Latest Energy Power Play Could Worsen Russian-Turkish Tensions

Energy News Beat ENB Pub Note: This is an excellent article from Andrew Korybko’s Substack newsletter. Stu Turley will be covering this on the next Energy News Beat Stand Up. Turkey has long sought to become a natural gas hub, and it understands that controlling the flow of energy gives it power. Andrew brings out […]

Geopolitical developments contribute to elevated diesel prices

Energy News Beat Data source: Bloomberg L.P. Note: Data through November 26, 2025. All crack spreads are calculated against the Dated Brent crude oil spot price. Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions […]

Africa is Embracing Oil and Gas for New Development, and Will Benefit Africans, Investors, and the Market

Energy News Beat On a continent rich in untapped hydrocarbon resources, Africa is positioning itself as a prime destination for oil and gas investments amid global energy demand. From legacy producers like Nigeria and Angola to emerging frontiers such as Namibia and Mozambique, African nations are reforming fiscal policies, licensing rounds, and production-sharing agreements to […]