Day: January 24, 2025

Nuclear reduction, ending the Ukraine conflict and massive tax cuts: Key takeaways from Donald Trump’s Davos speech – Full Video and Repsonce

Energy News Beat The new US leader has outlined his foreign and domestic priorities to the World Economic Forum US President Donald Trump spoke at the World Economic Forum in Davos via teleconference on Thursday, just days after taking office. He used his speech to promise a “revolution of common sense,” telling the audience of […]

Mexico Responds to Trump’s First Moves

Energy News Beat President Claudia Sheinbaum has diversified Mexico’s trading partners and held regional talks on migration. By Catherine Osborn, the writer of Foreign Policy’s weekly Latin America Brief. Welcome back to Foreign Policy’s Latin America Brief. Mexico Girds Against Trump’s Threats True to his campaign rhetoric, the first days of U.S. President Donald Trump’s second […]

Atlantic LNG shipping rates dip below $10,000 per day, European prices up

Energy News Beat “Global LNG freight rates hit record lows this week, with the Spark30S (Atlantic) assessment dropping $11,000 to $9,000 per day – the lowest rates on record for a 174 2-stroke vessel,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. “This has largely been driven by increased vessel availability, due to the […]

Dems Blame Calif. Fires On Climate Change To Excuse Epic Incompetence, Avoid Recalls

Energy News Beat Democrats excuse their epic incompetence by blaming Calif. fires on a sinful mankind that’s changing the climate. Apocalyptic global warming predictions of doom have long been fashionable, quasi-religious beliefs of 21st-century liberalism. But after the recent wildfires that have devastated the state, some California Democrats will be clinging to climate change as […]

‘National Self-Harm’: The UK Climate Bill That Gives Labour Unlimited Power To Reach Net Zero

Energy News Beat The shocking details of a bill that gives the UK government unprecedented power to pursue net zero and other eco-goals have been revealed. The shocking details of a bill giving the government unprecedented power to pursue net zero and other eco-goals have been revealed. [emphasis, links added] The ‘Climate and Nature Bill’, […]

European wind developers put on brave face after Trump’s offshore ban

Energy News Beat   US President Donald Trump paused new permits for offshore wind projects as one of his first acts in office. Although largely exposed and facing uncertainty, European industry players are keeping their cool.  Among his inaugural executive decrees signed off earlier this week, Trump temporarily suspended new offshore wind energy permits  – […]

BP delivers US LNG cargo to Bulgargaz via Alexandroupolis FSRU

Energy News Beat The 2021-built 174,000-cbm, BW Lesmes, delivered the shipment to the 153,600-cbm FSRU, Alexandroupolis, on January 19, a spokeswoman for Gastrade told LNG Prime. BW LNG’s ME-GI vessel, which is on a long-term charter to BP, brought the LNG shipment from the Freeport LNG terminal in Texas, its AIS data provided by VesselsValue […]

Venture Global LNG raises $1.75 billion in IPO

Energy News Beat Venture Global announced on Thursday the pricing of its IPO of 70 million shares of its Class A common stock, par value $0.01 at a public offering price of $25 per share. In connection with the offering, Venture Global has granted the underwriters a 30-day option to purchase up to an additional […]

US LNG exports drop to 22 shipments

Energy News Beat The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 22 LNG vessels is 84 Bcf. This compares to 29 shipments and 110 Bcf in the week ending January 15. According to data from S&P Global Commodity Insights, average natural gas deliveries […]

BRICS offers path to economic revival – Nigerian official

Energy News Beat   Emmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival and reducing Western influence, Emmanuel Chukwuka Johnson, chairman of the Nigeria-Russia trade and investment advisory council, has […]