Day: February 23, 2024

AI to help determine best carbon capture material

Energy News Beat   US-based researchers are working on speeding up the process of identifying metal-organic framework materials (MOFs) that are suitable for carbon capture and storage. MOFs are porous materials that can selectively absorb carbon dioxide and have three kinds of building blocks in their molecules—inorganic nodes, organic nodes, and organic linkers. These can […]

ENB #193 The Driving Force of Integration: Using Data to Transform Energy Operations

Energy News Beat When I get to have a live broadcast, it is fantastic. When it is with Dan Gualteri it is even better. This is the third podcast where Dan stopped by and we had a blast in Houston at NAPE. We covered lots of important energy topics. Some of them included what CEOs […]

Companies bid for 34 bcm of gas in new joint EU tender

Energy News Beat 19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February). In the new tender scheme launched last week, companies were able to bid for gas supplies for up […]

EOG, Vitol seal long-term natural gas supply deal

Energy News Beat LNG trader Vitol has signed a long-term deal to buy natural gas from US oil and gas producer EOG. Under the sales and purchase deal, EOG will supply 180,000 MMBtu/d of natural gas, or about 1.25 million tonnes of LNG per year, to Vitol for a period of 10 years staring in […]

US weekly LNG exports reach 26 cargoes

Energy News Beat US liquefaction plants shipped 26 liquefied natural gas (LNG) cargoes in the week ending February 21, while natural gas deliveries to these terminals decreased compared to the week before. The US EIA said in its weekly natural gas report that 26 LNG carriers departed the US plants between February 15 and February […]

Use of natural gas-fired generation differs in the United States by technology and region

Energy News Beat [#item_full_conent] The post Use of natural gas-fired generation differs in the United States by technology and region appeared first on Energy News Beat.  

Fractal and Beks included in latest UK sanctions

Energy News Beat Onur Benzet / Marine Traffic Fractal Shipping from the UAE and Turkey’s Beks Ship Management are among the high profile shipping names included in the latest raft of sanctions unveiled by the UK yesterday ahead of tomorrow’s second anniversary of Russia’s full-scale invasion of Ukraine.  Both Fractal and Beks have seen their […]

Houthis vow to escalate attacks – is the world imune to Terrorists?

Energy News Beat  Despite multiple strikes against Houthi positions in Yemen this week there has been no let-up in ship attacks. A Palau-flagged general cargo ship called Islander was targeted with two missiles yesterday morning off Aden with a fire reported onboard and nearby military support coming in to aid the vessel. The United Kingdom […]

Atlantic LNG freight rates drop below $50,000 per day, European prices down – Is this due to the intentional de-industrialization?

Energy News Beat Atlantic spot LNG freight rates dropped below $50,000 per day this week, while European and Asian prices also decreased compared to the week before. Last week, charter rates were almost flat after they rose in the week before for the first time since mid-November 2023. “The Spark30S Atlantic spot 174,000 cbm 2 Stroke […]

CEO: DOE’s permit pause will not slow down Cheniere’s LNG expansion plans

Energy News Beat US LNG exporting giant Cheniere is going “full steam ahead” with plans to expand its Sabine Pass and Corpus Christi LNG terminals despite a recent move by the Biden administration to pause pending decisions for LNG export terminals, according to Cheniere’s CEO, Jack Fusco. The Biden administration and the Department of Energy (DOE) […]