In a bold address to the United Nations General Assembly last week, President Donald Trump lambasted international climate agreements and green energy initiatives, calling them “job-killing schemes” that hinder economic growth and energy independence. Trump’s speech, which echoed his administration’s pro-fossil fuel stance, has sent ripples through global markets. With policy reversals favoring deregulation in […]
In a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants like ExxonMobil are leading the charge with significant workforce reductions—Exxon alone is cutting 2,000 jobs globally, about 3% of its […]
In a milestone that’s sending ripples through financial markets, the U.S. Treasury’s gold reserves have surpassed $1 trillion in market value for the first time ever. This surge, fueled by gold prices climbing to record highs above $3,800 per ounce in October 2025, highlights the yellow metal’s role as a safe-haven asset amid economic uncertainty. […]
In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley talks with Mikey Lucas, COO & Partner at MSB Global Services and Matrix Data Center, about the future of AI, data centers, and America’s energy dominance. Mikey shares his journey from self-taught entrepreneur to leading a three-gigawatt data center project powering the AI boom. The discussion covers: Why […]
The U.S. federal government officially entered a shutdown on October 1, 2025, after Congress failed to pass a stopgap funding bill amid partisan divisions between Republicans and Democrats. This marks the first such lapse in nearly seven years, with immediate ripple effects across various sectors, including energy. While the economic drag is estimated at about […]
ENB PUB Note: A great article from Ronald Stien, author and friend of the Energy News Beat podcast. He raises some significant points regarding Ukraine, Russia, and California. The key point is energy infrastructure. I still feel that the best way to end the Ukraine war is to get President Putin to the table with […]
ENB Pub Note: Doug Sheridan nails it again, and as we see the fallout from Trump’s UN speech, the reports are in the process of dismantling the Obama-era declaration that CO2 is a pollutant. This will have a tremendous impact on the ability to lower regulations, but I like the aspect of the Department of […]
The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals. Under BP’s “Current Trajectory,” demand drops 15% by 2050, while in a “Below 2°C” scenario it plunges 70%, with EVs rising to 1.4–2.1 […]
WASHINGTON – Affordability and reliability took the lead at the American Gas Association’s Winter Heating Outlook on Tuesday as the surge in natural gas demand is met with record natural gas production and a 16% increase in technically recoverable domestic natural gas resources. While a continuation of last year’s “La Niña” weather pattern signals a colder than […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Data values: U.S. Regional Electricity Generation, Electric Power Sector Two electricity markets in the Midwest still generate more electricity from coal than from natural gas in at least some months of the year: Southwest Power Pool (SPP) and the Midcontinent Independent System Operator (MISO). We expect these two […]
