U.S. Drilling Programs Are Resilient, but It Depends on the Location

In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that\’s uncomfortably close to breakeven for many operations. Yet, as recent developments show, this resilience isn\’t uniform across the board. It\’s all about location: basins with lower costs, higher […]

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Oil Is Not Done Yet: Wood Mackenzie Report Says Oil Demand Increasing to at Least 2032

In a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]

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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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Natural Gas vs Data Centers The Energy Tug of War with Steve Reese and Matthew Hill

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley hosts Steve Reese (Reese Energy Consulting) and Matthew Hill (fire suppression expert) for a powerful conversation on the future of energy, natural gas demand, AI data center growth, and energy infrastructure. They unpack the collision course between LNG exports and power-hungry data centers, highlight the coming turbine shortage, and explore mobile microgrid and modular […]

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ExxonMobil Q3 Earnings Rock with Record Guyana and Permian Output and What Does This Mean for Investors?

ExxonMobil Corporation (XOM) delivered a powerhouse performance in the third quarter of 2025, underscoring its operational prowess amid a challenging energy landscape. The company reported GAAP earnings of $7.5 billion, or $1.76 per share, marking an increase from $7.1 billion in the prior quarter. Excluding identified items, adjusted earnings reached $8.1 billion, or $1.88 per […]

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AEC\’s State of African Energy 2026 Outlook: Onshore Hydrocarbon Spending in Africa Set to Hit $22 Billion

The African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa\’s onshore oil and gas sector. According to the report, onshore hydrocarbon spending across the continent is projected to reach $22 billion in 2026, driven by optimization at mature […]

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