In a significant shift in energy policy, New Zealand\’s parliament has voted to lift the ban on offshore oil and gas exploration, effectively ending a key environmental measure introduced under former Prime Minister Jacinda Ardern in 2018. The legislation, passed on July 31, 2025, with 68 votes in favor and 54 against, allows companies to […]
Continue ReadingENB Pub Note: This article from The Investors Guide to Joy has some great information on why you should look at investing in upstream oil and gas. If you have any questions, please don\’t hesitate to contact the team at Sandstone Group or Energy News Beat. We have a lot of fun in our day […]
Continue ReadingIn a significant pivot within the global energy landscape, China—the world\’s largest oil importer and refiner—has ramped up its exports of refined petroleum products, including gasoline and diesel, as domestic demand softens and overseas margins prove more lucrative. This shift, accelerating in 2025, reflects broader economic and structural changes in China\’s energy sector. As refiners […]
Continue ReadingIn a landmark development that has sent ripples through global markets, the United States and the European Union announced a historic trade agreement on July 27, 2025, averting a potential escalation in transatlantic tariffs. The deal, struck just ahead of a Friday deadline, includes a compromise on tariffs and massive commitments from the EU to […]
Continue ReadingIn a high-stakes diplomatic rendezvous set against the backdrop of Trump\’s Scottish golf resort in Turnberry, US President Donald Trump and European Commission President Ursula von der Leyen are scheduled to convene today at 4:30 p.m. local time. The meeting aims to hammer out a trade agreement that could avert impending 30% tariffs on EU […]
Continue ReadingIn the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but also contributes significantly to greenhouse gas emissions, including carbon dioxide and methane. As global energy demand continues to rise, recent […]
Continue ReadingIn a resounding victory for American energy independence, the Department of the Interior (DOI) has successfully facilitated the restart of oil production at the Santa Ynez Unit (SYU) off the coast of California. This achievement, announced on July 25, 2025, marks a pivotal step in the Trump-Vance Administration\’s push for Energy Dominance, emphasizing the safe […]
Continue ReadingThe U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at 542, down by 2 from the previous week and a significant 47 rigs lower than the same period last year. […]
Continue ReadingReuters reported yesterday that Russia has imposed a sudden halt on foreign oil tanker loadings at its key Black Sea export hubs, citing a new port security decree that requires Federal Security Service (FSB) clearance for all foreign vessels — a move poised to disrupt over 2% of global crude supply. The restriction, which took […]
Continue ReadingSANTA FE, N.M. – Today, the Department of the Interior announced the Bureau of Land Management New Mexico State Office leased 16 parcels totaling 7,501.76 acres for $58,260,939 in total receipts for its quarterly oil and gas lease sale. This is the third highest value for highest bid/acre for a parcel for BLM. The combined bonus […]
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