Day: February 2, 2024

US LNG export pause leaves EU, industry at odds over energy security

Energy News Beat LONDON/BRUSSELS, Feb 2 (Reuters) – Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration to pause approvals on new liquefied natural gas (LNG) plants, EU energy officials and analysts said, dismissing industry’s warnings. Gas companies – and lobby groups who learned […]

ENB #180 The Seven P’s Unveiled: Navigating Marxist Influences, University Reforms, and Global Geopolitical Dynamics – Do you think we are heading to a 4th world status?

Energy News Beat Are you wondering how we got to this global catastrophic cesspool? There are Seven Ps that have been attacked in the United States. Understanding energy and the Seven Ps will help get us through this upcoming disaster. The US is heading to a 4th world status. George McMillian is a geopolitical resource […]

3 Podcasters Walk in a Bar EP46 – OPEC+ and the OPEC quotas are no longer capable of being tracked

Energy News Beat 3 Podcasters Walk in a Bar EP46 – OPEC+ and the OPEC quotas are no longer capable of being tracked   #podcast @thecrudetruth9585 @davidblackmon6807 #energytransition #oilandgas #geopolitics David Blackmon – https://davidblackmon.substack.com/ Rey Trevino – https://thecrudetruth.com/ Stu Turley, – https://energynewsbeat.co/   Highlights of the Podcast: 02:14 – The Washington Post 05:18 – Inflation […]

America’s ‘Debt Spiral’ Is Nearing a Critical Threshold

Energy News Beat (Bloomberg) — When the US borrows money, it needs to pay its loans back with interest—just like any other borrower. But America’s national debt is currently $34 trillion and rising. Soon, the US will need to spend more each year paying interest than what it spends on national defense. In the last […]

Iraqi parliament calling to ditch US dollar for oil trade

Energy News Beat The Finance Committee in the Iraqi parliament made a statement on 31 January calling for the sale of oil in currencies other than the US dollar, aiming to counter US sanctions on the Iraqi banking system.  “The US Treasury still uses the pretext of money laundering to impose sanctions on Iraqi banks. This requires […]

Oil firms forced to consider full climate effects of new drilling, following landmark Norwegian court ruling

Energy News Beat Norway’s district court in Oslo recently made a decision on fossil fuels that deserves the attention of every person concerned about climate change. This ruling, which compels energy firms to account for the industry’s entire carbon footprint, could change the way oil and gas licenses are awarded in Norway—and inspire similar legal challenges to […]

Biden’s ‘Pause’ on LNG Exports Is Impulsive and Destructive

Energy News Beat On January 26, the Biden administration announced it would pause new approvals of liquefied natural gas (LNG) exports. The official news followed several leaked stories—including one prominent article by The New York Times—that triggered criticism from LNG supporters and praise from climate activists. The announcement appears to be a concession to the “keep it in the ground” movement and the 65 federal lawmakers who […]

House to Vote on Overturning Biden’s Natural Gas-Export Freeze

Energy News Beat (Bloomberg) — The US House of Representatives will vote on overturning the Biden administration’s freeze on liquefied natural gas export approvals, a top Republican said Wednesday. The vote will take place the week after next, Representative Cathy McMorris Rodgers, who chairs the House Energy and Commerce Committee, said during an interview. “We […]

CSIS: Morocco, Biggest Winner from U.S.-China Competition for Critical Minerals and Their Supply Chains

Energy News Beat Morocco has emerged as the major winner from the competition engaged between the United States and China for control of the supply chain of critical minerals, used in clean energy transition and electric vehicle (EV) batteries, says the U.S. Center for Strategic and International Studies. In August 2022, the U.S. passed the […]

China is building six times more new coal plants than other countries, report finds

Energy News Beat China permitted more coal power plants last year than any time in the last seven years, according to a new report released this week. It’s the equivalent of about two new coal power plants per week. The report by energy data organizations Global Energy Monitor and the Centre for Research on Energy and Clean Air finds the […]