In a decision that highlights his uncompromising stance against domestic fossil fuel expansion, UK Energy Secretary Ed Miliband reportedly vetoed a Treasury-backed proposal to increase North Sea oil and gas drilling. The plan was designed to generate additional tax revenues to help fund the Ministry of Defense’s urgent need for an extra £18 billion ($24 […]
Continue Reading
Stu Turley here from the Energy News Beat Podcast. For years on this show, we’ve been hammering home a core truth: energy policy is destiny. Affordable, reliable, abundant energy drives manufacturing, jobs, investment, and GDP growth. Ideological Net Zero pursuits that ignore reality — spiking costs, killing baseload power, and forcing deindustrialization — deliver the […]
Continue Reading
Energy News Beat Channel | May 19, 2026 The UK government has taken a pragmatic step that highlights the tension between sanctions policy and energy reality. On May 19, 2026, it published a general trade license (effective May 20) authorizing imports of diesel and jet fuel refined in third countries from Russian-origin crude. This is […]
Continue Reading
Buckle up as we take a look at how the Climate Scare Mongers are still up to their old tricks. 1. Climate Activism and “Striking Back” The hosts discuss how climate activists continue their efforts despite reduced federal support in the US. They’re operating more quietly through local jurisdictions and industry partnerships, using tactics like: […]
Continue Reading
China’s power sector delivered a clear reminder in April 2026 that even the world’s fastest-growing renewable energy giant still leans heavily on coal when the wind doesn’t blow or nuclear plants go offline for maintenance. According to data from China’s National Bureau of Statistics, thermal power generation (overwhelmingly coal, with a smaller share of natural […]
Continue Reading
The warning signs are flashing brighter than ever. What began as a major supply disruption in the Middle East has rapidly evolved into a tightening global oil market where inventories are being drawn down at a record pace — and critically, not all of those barrels are actually accessible. A new analysis from Oilprice.com highlights […]
Continue Reading
The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]
Continue Reading
One thing you can say about this energy news cycle is that there is no shortage of topics, so the Energy Realities Team of David Blackmon, Irina Slav, Dr. Tammy Nemeth, and Stu Turley is bringing the biggest news stories of the week to help get your week rolling. We had way too much fun […]
Continue Reading
In a move signaling a renewed focus on its core oil and gas operations, BP announced on May 7, 2026, that it plans to sell portions of its equity stakes in two flagship UK carbon capture and storage (CCS) projects in Northern England. The decision comes as both projects—Net Zero Teesside (NZT) Power and the […]
Continue Reading
In a sharp rebuke of European and UK energy policies, British billionaire Sir Jim Ratcliffe, founder and chairman of global chemicals giant Ineos, has publicly slammed the continent’s “all over the place” approach to energy as a threat to economic growth, industrial competitiveness, and national security. At the same time, Ineos is doubling down on […]
Continue Reading