Category: Energy News Beat

COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line?

Energy News Beat As the confetti from the 2024 U.S. election settles and President-elect Donald Trump’s “drill, baby, drill” mantra echoes across the heartland, the United Nations’ annual climate circus—better known as the Conferences of the Parties (COPs)—limps into its 30th iteration in Belém, Brazil. But let’s cut the green-tinted fog: these gatherings have been […]

Trump Predicted the return of Coal, but not to it’s glory days in the U.S. – Doug Sheridan

Energy News Beat ENB Pub Note: This article is from Doug Sheridan’s LinkedIn, and we highly recommend subscribing. Javier Blas writes in Bloomberg that Trump has confidently predicted the return of coal in America. Trump won’t resurrect coal consumption to its glory days, but he is likely to arrest its decline, freezing demand around current […]

Oil and Gas Demand Could Grow Until 2050, Says the IEA – In the Words of Monty Python “Oil’s not quite Dead Yet”

Energy News Beat The International Energy Agency (IEA) has released its World Energy Outlook 2025, painting a nuanced picture of global energy trends that challenges earlier narratives of a swift transition away from fossil fuels. In a revived scenario based solely on current policies and regulations—known as the Current Policies Scenario (CPS)—demand for oil and […]

Billions Are Flowing into the US Nuclear Sector, but How Long Until Returns Are Realized?

Energy News Beat The US nuclear industry is experiencing a renaissance, fueled by massive investments and a surge in demand from energy-hungry AI data centers. According to recent reports, around $80 billion is pouring into new nuclear projects, with tech giants like Amazon, Google, and Microsoft betting big on advanced reactors to power their AI […]

Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy’s Business Model

Energy News Beat In a bold move to capitalize on the surging energy demands of artificial intelligence, Chevron has announced its first dedicated power project for a data center in West Texas. This initiative marks the oil giant’s strategic pivot into the power generation sector, leveraging its abundant natural gas resources from the Permian Basin […]

Midstream Q3 Earnings Highlights

Energy News Beat ENB Pub Note: This summary was posted on Seeking Alpha, and I thought it was a good summary. We will prepare these types of summaries in the future. Let us know what types of summaries you would like to see. Summary Midstream/MLP earnings results for the third quarter were largely in line […]

The Big Beautiful Gulf 1 (BBG1) Lease Sale Is Expected to Bring in Billions

Energy News Beat In a bold move signaling a return to aggressive energy development, the Bureau of Ocean Energy Management (BOEM) has announced the Big Beautiful Gulf 1 (BBG1) lease sale, set for December 10, 2025. This auction, covering approximately 80 million acres in the newly renamed Gulf of America (formerly the Gulf of Mexico), […]

Occidental Announces Third Quarter 2025 Results

Energy News Beat Occidental Petroleum Corporation (NYSE: OXY), a leading player in the energy sector, released its third-quarter 2025 earnings on November 10, 2025, showcasing robust operational performance amid fluctuating commodity prices. The company exceeded production guidance and demonstrated continued progress in debt reduction, while announcing a strategic divestiture aimed at streamlining its portfolio. Below, […]

USS Gerald R. Ford Enters Southern Command Area of Responsibility Near Venezuela: What It Means for Oil, Troops, and Investors

Energy News Beat In a significant escalation of U.S. military presence in the Western Hemisphere, the USS Gerald R. Ford Carrier Strike Group has entered the U.S. Southern Command (SOUTHCOM) area of responsibility on November 11, 2025. This deployment, led by the world’s most advanced nuclear-powered aircraft carrier, includes over 4,000 sailors, dozens of tactical […]

Oil Rises as Sanctions Hit and Lukoil Declares Force Majeure in Iraq

Energy News Beat In a significant escalation of geopolitical tensions, Russian oil giant Lukoil has declared force majeure at its West Qurna-2 oilfield in southern Iraq, citing disruptions caused by fresh U.S. and U.K. sanctions. This move, announced last week, has already contributed to upward pressure on global oil prices, as markets grapple with the […]