Day: April 8, 2025

Uncertainty Stalls U.S. Electric Vehicle Manufacturing Boom

Energy News Beat Many electric vehicle and battery factory projects in the United States have been canceled, with more projects scrapped in the first quarter of 2025 than in the previous two years combined. Policy uncertainty, potential changes in tariffs, and the possibility of repealing tax credits are causing companies to delay or cancel major […]

But this Kind of Dynamic Sprinkles Additional Cold Water on the Idea of a Looming Recession

Energy News Beat Inland Empire PMI spikes to highest since early 2021, New Orders spike to record: Private sector is dynamic, but not always in linear ways. By Wolf Richter for WOLF STREET. Corporate frontrunning of tariffs is now a big thing. And it’s creating activity in the US goods sector where companies are trying to get goods […]

How does the steel market feel about Trump’s Tariffs?

Energy News Beat This interview with Drew Greenblatt, CEO of Marlin Steel, was great, and I honestly did not have CNN down for a quality interview, but here we are. Scott Jennings is the only one I watch from CNN, and only clips as I can not watch Main Stream Media very often. Some of […]

U.S. production of all types of coal has declined over the past two decades

Energy News Beat Data source: U.S. Energy Information Administration, Annual Coal Report Data values: Table ES-1, Coal Production In 2023, the United States produced 578 million short tons (MMst) of coal, or less than half of the amount produced in 2008 when U.S. coal production peaked, according to our most recent Annual Coal Report. The production decline is spread almost evenly […]

NextDecade, Aramco seal 20-year LNG SPA

Energy News Beat Under the SPA, a unit of Aramco will purchase 1.2 million tonnes per annum (mtpa) of LNG per year from Train 4 at the Rio Grande LNG facility on a free on board basis, at a price indexed to Henry Hub, This SPA follows a heads of agreement the two firms signed […]

U.S. Nuclear is critical, and Maria Bartrimo interview points out some critical issues.

Energy News Beat ENB Pub Note: This interview with Maria on Fox this morning was crucial. I have contacted Lee Robinson to get an interview with him on the Energy News Beat podcast. He brings up some critical issues. We will keep you posted on the interview.    General Matter is a nuclear fuel startup […]

Trump to sign executive orders aimed at reviving coal

Energy News Beat President Donald Trump is preparing to sign executive orders Tuesday to bolster the coal industry, including using his emergency authority to force some coal-fired power plants set for closure to stay open and keep producing electricity. The move has been widely anticipated as the Trump administration set the stage for loosening air […]

Stena Drilling drillship wins more work off Suriname

Energy News Beat Stena Drilling, the Aberdeen-based business of Sweden’s Stena, has won a contract for one of its drillships with subsidiaries of Shell in Suriname. The contract for the campaign was awarded to the 2008-built Stena DrillMax drillship by Shell subsidiaries KE STP Company and BG International. The deal is expected to begin in […]

Why we need a global levy on international shipping

Energy News Beat Ocean Rebellion James Mnyupe, presidential economic advisor and head of the Namibian Green Hydrogen Program and Cynthia Kariuki from the Africa Green Hydrogen Alliance Coordination Office, give Splash readers the African take from this week’s crucial green talks at the London headquarters of the International Maritime Organization. African nations suffer disproportionately from […]

Alberta seals first baby cape deal of the year

Energy News Beat Dry CargoEurope Nicholas Inglessis’ Alberta Shipmanagement has made a rare sale and purchase move, snapping up its first baby cape, also the first reported baby cape sold this year.  According to brokers, the 118,000 dwt Jubilant Devotion—a Japanese-controlled, scrubber-fitted bulker built in 2016 at Sanoyas Shipbuilding fetched $26.5m.  It marks the second […]