In a surprising twist that blends celebrity influence with hard science, golf legend Phil Mickelson is championing the restart of oil drilling off the Santa Barbara coast, arguing it could lead to cleaner beaches and a stronger California economy. Drawing from decades of scientific research, Mickelson’s stance highlights how extracting oil from underwater reservoirs might […]
In a bold move amid escalating geopolitical tensions, China and Iran have formalized a significant oil-for-infrastructure agreement, effectively sidestepping U.S. sanctions through a barter system that exchanges Iranian crude for Chinese-built projects. This deal not only secures a steady oil supply for Beijing but also bolsters Tehran’s infrastructure amid ongoing economic pressures from Washington. Details […]
Russian drones and missiles struck Kyiv overnight, setting a high-rise on fire and injuring at least 12 people. The attack caused widespread power outages and water supply disruptions across eastern Kyiv. In Zaporizhzhya, a drone strike killed a 7-year-old boy and damaged multiple residential buildings. A Russian air attack early on October 10 triggered a […]
The energy sector is facing headwinds as crude oil prices continue their downward spiral, influenced by factors such as U.S. President Donald Trump’s tariff threats on China, a ceasefire in Gaza, and forecasts of global oversupply. As of October 11, 2025, West Texas Intermediate (WTI) crude oil is trading at $58.90 per barrel, marking a […]
In a significant escalation of economic pressure on Iran, the United States imposed a new round of sanctions on October 9, 2025, targeting over 50 entities, individuals, and vessels involved in the trade of Iranian oil and liquefied petroleum gas (LPG). This action, described by the U.S. Treasury as dismantling key elements of Iran’s energy […]
In a move that could reshape its portfolio and bolster its financial position, Canadian oil producer Baytex Energy Corp. is reportedly exploring the sale of its U.S. Eagle Ford shale assets for up to $3 billion. The news, first reported by Bloomberg on October 9, 2025, sent Baytex shares up about 4% in trading, reflecting […]
In a bold escalation of the ongoing U.S.-China trade tensions, Beijing has dramatically tightened its grip on the global supply of critical minerals and rare earth elements (REEs). On October 9, 2025, China’s Ministry of Commerce announced sweeping new export controls, expanding restrictions to include five additional rare earth elements and imposing extra scrutiny on […]
In a striking reversal of fortunes, environmental activists who once rallied against nuclear energy are now campaigning to preserve it. This shift is emblematic of a broader global reevaluation of nuclear power amid escalating energy demands, climate imperatives, and geopolitical tensions. A prime example unfolded recently in Belgium, where protesters gathered outside nuclear facilities not […]
In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley is joined by Kristi Antonick from Americans for Prosperity to discuss Texas’s major policy wins—from the passing of SB2 on school choice to the fight for property tax reform. Kristi shares grassroots success stories, like rallying over 1,000 citizens to the state capitol, […]
In a significant development for Europe’s energy landscape, Greece is on the cusp of sealing a major offshore natural gas exploration agreement with U.S. energy giant Chevron and its local partner, Helleniq Energy. This deal, expected to be finalized by the end of 2025, underscores Greece’s push to tap into its untapped hydrocarbon reserves amid […]
