Day: July 8, 2024

More natural gas infrastructure is needed to support AI growth | Opinion

Energy News Beat Artificial intelligence is vital to the next wave of innovations in technology and entrepreneurship. ChatGPT’s launch at the end of 2022 caught the public’s attention, but AI has already infiltrated major industries. Fifty percent of global organizations reported adopting AI in at least one business area in 2022. AI has the potential to contribute $15.7 […]

Construction progresses on Sempra’s Port Arthur LNG export project

Energy News Beat US LNG exporter Sempra and compatriot Bechtel are moving forward with construction on the first phase of the Port Arthur LNG export project in Texas worth about $13 billion. In March last year, Sempra Infrastructure, a unit of Sempra, took a final investment decision for the first phase of its Port Arthur LNG export […]

Gladstone LNG exports almost flat in June

Energy News Beat Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland were almost flat in June compared to the same month last year, while volumes to China decreased 22.8 percent, according to the monthly data by Gladstone Ports Corporation. Curtis Island is home to the Santos-operated GLNG plant, the ConocoPhillips-led APLNG […]

UK energy sector backs new government’s clean power plans

Energy News Beat The energy sector has responded positively to Labour’s General Election victory, with industry leaders expressing their readiness to work with the new government on clean energy initiatives. Emma Pinchbeck, Chief Executive of Energy UK, highlighted the sector’s eagerness to help deliver Labour’s clean energy ambitions. Emma Pinchbeck said: “While the results – […]

“Labour’s 2030 net zero grid target is feasible” – Really?, and at what cost

Energy News Beat Chris Skidmore, the former UK Cabinet Minister for Energy and Chair of the Net Zero Review, has stated that achieving the 2030 net zero targets is feasible, but only with absolute commitment from the new Labour government. Mr Skidmore stressed that this commitment must prioritise net zero goals at the centre of […]

Shipping’s winners and losers from an end to the Red Sea shipping crisis

Energy News Beat Despite belligerent rhetoric and videos and images of enhanced military assets, it has now been eight days since the last confirmed incident in the Red Sea reported by merchant vessels to the United Kingdom Maritime Trade Operations (UKMTO). This comes after a severe escalation by the Houthis in June both in terms […]

Democrats want Biden to drop out this week – Axios

Energy News Beat Nothing can reverse the damage inflicted by Biden’s disastrous debate performance, lawmakers reportedly believe A growing number of senior Democrats want Joe Biden to withdraw from the US presidential election race by Friday, Axios has reported, citing sources. Lawmakers are said to be hoping that the entire party will “beg” the incumbent […]