Day: December 29, 2023

ENB #170 Irina Slav, – How can one brilliant woman make energy hypocriscy, historic geopolitical disasters and impending doom funny?

Energy News Beat I am absolutely having a blast interviewing global energy, political, and thought leaders on my podcast. But one of my favorite friends and thought leaders is Irina Slav. Her Substack (https://irinaslav.substack.com/) is a mandatory subscription for any human person. And on her substack, she reads the article, and I can get my […]

Transparent Waters: Why a Russian LNG “Shadow Fleet” is Improbable

Energy News Beat The recent Bloomberg documentary “The Shadow Fleet Fueling Russia’s War” shed light on the armada of aging tankers circumventing sanctions to keep Russian oil flowing. With Novatek’s Arctic LNG 2 achieving its first dropon the 21st of December, a recurring question lately among some of my connections has been: could Russia replicate […]

ENB #169 Anne Bradbury, CEO, American Exploration and Production Council stops by to cover COP28, LNG and even Bill Gates

Energy News Beat Do you feel your energy bills are increasing, and no one cares? Well, Anne Bradbury, the CEO of the American Exploration and Production Council, stopped by, and we cover some of the most important energy topics in the US. A little inside baseball: – Anne and I have over 99 connections on […]

Elon Musk’s X loses court bid to block California content moderation law

Energy News Beat News|Social Media Elon Musk’s X has lost a bid to block a California law that forces social media companies to publicly reveal how they carry out content moderation on their platforms. X sued the state of California in September, arguing that the first-of-its-kind legislation violates the United States Constitution’s protections of freedom […]

EU states knowingly ‘de-industrializing’ – Gazprom

Energy News Beat Manufacturing is doomed due to the first-ever artificial destruction of natural gas trade, CEO Aleksey Miller says The EU is intentionally destroying demand for natural gas, Gazprom CEO Aleksey Miller stated at a company meeting to discuss the year’s preliminary results. “We are well aware of the situation in Europe, where they […]

Williams targets US LNG export market with $1.95 billion gas storage deal

Energy News Beat US natural gas pipeline operator Williams is buying a portfolio of natural gas storage assets across Louisiana and Mississippi for $1.95 billion to serve growing demand driven by LNG exports and power generation. Under the deal with a an affiliate of Hartree Partners, Williams will acquire six underground natural gas storage facilities […]

India’s Petronet LNG moves forward with Gopalpur FSRU plans

Energy News Beat India’s Petronet LNG is moving forward with its plans to install a floating storage and regasification unit (FSRU) in Gopalpur, Odisha. The LNG importer said in a statement on Wednesday it has executed binding deals with Gopalpur Ports for its first LNG terminal on India’s east coast. Petronet and Gopalpur Ports signed […]

Fifth of global oil trade used non-dollar currencies in 2023

Energy News Beat Oil Price A fifth of global oil trade this year was settled in currencies different from the U.S. dollar as countries such as Russia and China move away from the petrodollar. This is according to JP Morgan’s head of global commodities strategy, Natasha Kaneva, who spoke to the Wall Street Journal and said sanctions […]

Spot LNG shipping rates, European prices fall further this week

Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued their downward trend this week, while European and Asian prices also decreased compared to the previous week. Last week, both the Spark30S Atlantic and the Spark25S Pacific dropped below $100,000 per day. “LNG freight rates have fallen for the […]

U.S. shale growth could exceed forecasts in 2024

Energy News Beat Oil Price U.S. crude oil production has overwhelmingly exceeded earlier forecasts and has grown at a much faster pace this year, offsetting much of the OPEC+ efforts to push up prices by coordinated supply reductions. U.S. production growth is expected to continue into the new year, thanks to further gains in efficiency […]