Category: Energy News Beat

BP, Eni and TotalEnergies Warn the “2026 Oil Glut” Is a Mirage

Energy News Beat In a bold counter to the International Energy Agency’s (IEA) dire predictions of a massive oil surplus, executives from Europe’s leading oil majors—BP, Eni, and TotalEnergies—are sounding the alarm that the so-called “2026 oil glut” may be nothing more than an illusion. While the IEA forecasts an “untenable” oversupply potentially reaching 4 […]

The Opportunity Cost of Bill Gates Climate Crisis

Energy News Beat The Opportunity Cost of Bill Gates Climate Crisis In a shocking flip, Bill Gates announced that Climate Change, while a real issue, is not an “existential threat” to humanity. Wow, how much has his Climate leadership impacted global markets and society and how has it harmed kids’ mental health? You have to […]

No New North Sea Oil Wells for First Time Since 1960s: Labour’s Crackdown on Oil and Gas Industry Blamed for Collapse of Exploration in UK Waters

Energy News Beat In a stunning blow to the UK’s energy sector, 2025 is set to mark the first year since 1964 without any new exploratory oil wells being drilled in the British North Sea. This is yet another example of bad management and energy policies. According to a Westwood Global Energy survey, no offshore […]

ExxonMobil Warns EU Law Could Force Exit from Europe – What is the impact to the EU and investors?

Energy News Beat In a stark warning issued on November 3, 2025, ExxonMobil CEO Darren Woods stated that the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD) could compel the company to cease operations in the region. The directive requires large corporations to implement climate transition plans aligned with the Paris Agreement, which Woods argues […]

What do Bill Gates and Exxon Mobil have in common?

Energy News Beat Daily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on Gutfield hits it out of the park. Stu Turley Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric […]

Liberty Energy Q3 2025 Earnings Summary and Conference Call Remarks – Now also listed on NYSE Texas

Energy News Beat Liberty Energy Inc. (NYSE: LBRT), a leading provider of completion services and technologies in the North American energy sector, released its third-quarter 2025 financial and operational results on October 16, 2025. The company reported a challenging quarter marked by declining industry activity and pricing pressures, yet highlighted operational efficiencies, technological advancements, and […]

Surge in Rooftop Blazes Sparks Concern Over Miliband’s Solar Panel Boom

Energy News Beat In the push toward a greener future, solar panels have become a symbol of sustainable energy. However, a recent analysis reveals a troubling trend in the UK: rooftop fires linked to solar installations are rising faster than the panels themselves. This development is casting a shadow over Energy Secretary Ed Miliband’s ambitious […]

OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook

Energy News Beat In a move that underscores the delicate balancing act facing global oil producers, OPEC+ has agreed to a modest production increase of 137,000 barrels per day (b/d) for December 2025, while simultaneously announcing a three-month pause on further hikes from January to March 2026. This decision, influenced heavily by recent U.S. sanctions […]

Natural Gas vs Data Centers The Energy Tug of War with Steve Reese and Matthew Hill

Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley hosts Steve Reese (Reese Energy Consulting) and Matthew Hill (fire suppression expert) for a powerful conversation on the future of energy, natural gas demand, AI data center growth, and energy infrastructure. They unpack the collision course between LNG exports and power-hungry data centers, highlight the coming turbine shortage, and explore mobile […]

Exxon Buys Out Legacy Sinochem JV, Expands in Midland Basin

Energy News Beat In a strategic move to consolidate its footprint in one of the world’s most prolific oil-producing regions, ExxonMobil has acquired Sinochem’s stake in a longstanding joint venture (JV) in the Permian Basin’s Midland sub-basin. This deal, announced as part of Exxon’s third-quarter 2025 earnings report, adds more than 80,000 net acres to […]