Category: Energy News Beat

U.S. Rig Count Falls Despite Record Production, and Draws from Inventories

Energy News Beat In the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a decline of 35 rigs compared to the same period last year. This drop comes even as domestic […]

Oil Steadies as Traders Eye Geopolitical Issues and US Calming Moves on Venezuela

Energy News Beat In the volatile world of energy markets, oil prices have found a moment of stability heading into the weekend, with traders closely monitoring a mix of geopolitical tensions and reassuring signals from the US regarding Venezuela. As of October 31, 2025, West Texas Intermediate (WTI) crude is hovering near $60 per barrel, […]

George Harmer: Halting Oil Production Could Make Santa Barbara County Beaches Dirtier and Kill Tourism

Energy News Beat ENB Pub Note: This article is from Noozhawk in Santa Barbara, and was written by George Harmer. George was on the ENB podcast with Stu Turley and Steve Hilton, the Governor Candidate for California. Gavin Newsom’s energy policies have crippled California and are a National Security risk for the United States. Santa […]

Chevron Beats Estimates as the Hess Deal Contributes to Oil Production

Energy News Beat In a resilient performance amid fluctuating oil prices, Chevron Corporation (NYSE: CVX) reported third-quarter 2025 earnings that surpassed Wall Street expectations, bolstered significantly by the recent integration of Hess Corporation’s assets. The acquisition, completed in July 2025, has already begun paying dividends through enhanced production volumes, particularly from high-yield fields in Guyana. […]

Joe Raia on LNG, Lithium, and Why Abaxx Is the Exchange to Watch

Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley, host, welcomes Joe Raia, Chief Commercial Officer at Abaxx Exchange, to discuss how Abaxx is revolutionizing global commodity futures trading. From physically deliverable LNG and critical mineral contracts to pioneering gold vaulting in Singapore, Raia outlines how Abaxx is bringing much-needed […]

Enforcement of the Latest Sanctions from the US on Russian Oil will be the Key – Stu Turley says it is a mistake to Sanction India

Energy News Beat In the escalating geopolitical tensions surrounding Russia’s invasion of Ukraine, the United States under President Donald Trump has intensified its economic pressure on Moscow through a new round of sanctions targeting the heart of Russia’s economy: its oil sector. Announced in October 2025, these measures focus on Russia’s two largest oil companies, […]

Cheniere Energy Reports Rise in Q3 Profit on Strong LNG Demand: What Should Investors Look For?

Energy News Beat Cheniere Energy, Inc. (NYSE: LNG), a leading U.S. liquefied natural gas (LNG) exporter, reported robust third-quarter results for 2025, underscoring the resilience of global LNG markets amid rising energy needs. The company’s performance highlights sustained demand for natural gas, particularly as a bridge fuel for electricity generation in an era of surging […]

Long-term Oil Supply is Dwindling and Money and New Discoveries are Needed – What are Investors Looking At?

Energy News Beat In a stark warning for the global energy landscape, a recent report from Melius Research highlights the dwindling long-term oil supply, driven by years of underinvestment in exploration and drilling. This comes amid rising demand, with experts like Occidental Petroleum CEO Vicki Hollub emphasizing that even major finds, such as ExxonMobil’s offshore […]

California’s Retirement Fund Lost 71% Of $468M Investment In Clean Energy And Won’t Say How

Energy News Beat In a stunning revelation that underscores the pitfalls of California’s aggressive push toward “clean” energy, the California Public Employees’ Retirement System (CalPERS)—the nation’s largest public pension fund—has suffered a staggering 71% loss on a $468 million investment in renewable energy ventures. This debacle, involving the CalPERS Clean Energy & Technology Fund (CETF) […]

Ukraine Attacks Russian Oil and Fuel Sites

Energy News Beat In a bold escalation of its asymmetric warfare strategy, Ukraine launched a series of long-range drone strikes on Russian energy infrastructure overnight on October 29, 2025. Targeting facilities deep within Russian territory and in occupied Crimea, these attacks aimed to disrupt fuel production and logistics critical to Russia’s military operations and economy. […]