Day: March 6, 2025

Torm ships out three oldest tankers

Energy News Beat EuropeTankers Torm Danish product tanker owner Torm has continued its sell-off of older tonnage with three ships set to exit the fleet. The New York and Copenhagen Nasdaq-listed firm is shipping out 2005-built MR tankers the 46,200 dwt Torm Ragnhild, 50,000 dwt Torm Resilience and 47,000 dwt Torm Thames, with deliveries to […]

UK plans to overhaul windfall oil and gas tax

Energy News Beat Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub. The government is asking industry players and others to provide feedback until May 28 on policy […]

Trump’s Energy Focus

Energy News Beat Daily Standup Top Stories DAVID BLACKMON: Trump Zeroes In On American Energy In Congressional Speech March 5, 2025 Mariel Alumit Unlike his predecessors, President Donald Trump always seems to have energy and its impacts to the lives of all Americans at the top of his mind. Following his stemwinding acceptance speech at the […]

Australia’s Green Energy Strategy Is Misguided, Misplaced, And Dangerous

Energy News Beat Australia’s green energy push puts turbines and solar in the wrong places, ignoring local needs, job creation, and environmental impacts. ​ Why are we always putting green energy assets in all the wrong places? The main electricity demand comes from big cities and their industries, so the electricity generators should be nearby, […]

Trump’s Secret Plan To Restart Nord Stream 2 Sparks Backlash in Germany

Energy News Beat Germany is exploring ways to prevent the resumption of the Nord Stream 2 pipeline under an agreement between the US and Russia as part of the settlement of the war in Ukraine, Bild has reported. According to Bild, secret talks between representatives of Russia and the United States have been going on for […]

Reuters Admits Net Zero Has Failed As Fossil Fuels Remain Dominant Energy Choice

Energy News Beat Reuters admits net zero goals have failed despite trillions spent on renewables, with energy prices rising and fossil fuels remaining dominant. ​ Wow, who knew that setting insane and arbitrary emission goals to “net zero” would be an exercise in utter futility, eh Reuters? [emphasis, links added] The climate-obsessed Reuters had somewhat […]

Europe Should Make a $200 Billion Deal With Trump

Energy News Beat Cash to buy U.S. weapons for Ukraine would also help balance trade. ​By Bart M. J. Szewczyk, a nonresident senior fellow at the German Marshall Fund and an adjunct professor at Sciences Po. A deep sense of powerlessness and outright panic has beset Europe. Leaders seem shell-shocked by the speed of Washington’s […]

Golden Pass LNG secures more time from DOE

Energy News Beat In August last year, Golden Pass sought a three-year extension from the US FERC to put its LNG export facility in Texas into service. It also filed a request with the DOE/FECM for an extension of time under both its non-FTA and FTA export authorizations to start commercial operations from the LNG […]

Dutch Eemshaven LNG terminal received 123 cargoes since launch

Energy News Beat The Eemshaven LNG hub consists of two chartered floating storage and regasification units – the 170,000-cbm FSRU Energos Igloo, owned by Energos Infrastructure, and the 26,000-cbm barge-based FSRU Eemshaven LNG, owned by Exmar. It is the first FSRU-based terminal in the Netherlands and the second LNG import terminal in the country after […]

Shell gets approval for Crux project

Energy News Beat Australia’s offshore regulator Nopsema approved the project’s environment plan on March 5. The plan covers the installation of the Crux pipeline, substructure and topside, including all tie-ins, cold commissioning, contingent, and supporting activities. “The Crux project is an important longer term backfill opportunity for the existing Prelude FLNG facilities with first gas […]