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

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 million barrels per […]

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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

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 exploration wells have […]

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Doomberg – The Gloves are off With China

Doomberg  stops by the Energy News Beat and Energy Impacts Podcast with Stu Turley and  David Blackmon. Doomberg lays out the massive topic of trade wars with China and the global impact on the financial markets. What are investors and consumers thinking? In this engaging discussion, they explore China’s dominance in rare earth minerals, the U.S. […]

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