Day: April 22, 2025

How would a Nuclear Deal with Iran impact the global oil markets?

Energy News Beat While examining the headlines of other publications, it is interesting to consider the potential impact of the 1-2 million barrels per day returning to the market after the sanction removal. I have a different perspective on the topic. Subscribers to the Energy News Beat Substack or podcast have likely heard me say […]

MSC orders more LNG-powered containerships in China

Energy News Beat Shipbuilding sources told LNG Prime on Tuesday that MSC and Hengly Heavy signed a shipbuilding agreement for six LNG dual-fuel vessels with a capacity of 22,000 teu. No further information has been revealed. If confirmed, Hengli Heavy will in total build 26 LNG dual-fuel vessels for MSC. Hengli Heavy and Gianluigi Aponte-led […]

Geoquip secures German North Sea wind farm contract

Energy News Beat Geoquip Marine Swiss-based offshore geotechnical data acquisition specialist Geoquip Marine has been awarded a survey contract by clean energy asset manager Luxcara for the Waterekke offshore wind farm in the German North Sea. The Njord Partners’ portfolio company, led by former PGS boss Rune Pedersen, said the work scope involves a detailed […]

EPA Chief Denounces Media For Claiming ‘No Evidence’ Of Agency Waste Under Biden

Energy News Beat EPA Chief Lee Zeldin slams media for denying evidence of Biden-era waste, citing billions rushed to nonprofits with ties to former officials. ​Environmental Protection Agency Administrator Lee Zeldin confronted a New York Times reporter during a press conference Monday for claiming that he presented “no evidence” to back up his claims of […]

Venture Global LNG wraps up $2.5 billion senior notes offering

Energy News Beat The offering had been issued in two series, including a series of 7.50 percent senior secured notes due 2033 in an aggregate principal amount of $1.25 billion, and (a series of 7.75 pe4cent senior secured notes due 2035 in an aggregate principal amount of $1.25 billion. Venture Global said in a statement […]

Chevron: production at first Wheatstone LNG train reduced due to maintenance

Energy News Beat “Chevron Australia is undertaking minor planned maintenance at the Wheatstone natural gas facility, requiring reduced production rates on LNG Train 1,” the spokesperson said. According to the spokesperson, annual service event is expected to be completed “within the coming week.” The spokesperson added that domestic gas production is not affected. Wheatstone’s onshore […]

Petronas delivers first LNG cargo to PetroVietnam Gas

Energy News Beat Malaysian energy giant Petronas has delivered the first liquefied natural gas (LNG) cargo to PetroVietnam Gas, a unit of state-owned PetroVietnam. According to a statement by Petronas on Tuesday, its unit Petronas LNG delivered the shipment recently from the giant Bintulu LNG complex in Sarawak to the PetroVietnam Gas-operated Thi Vai LNG […]

PXGEO gets new chairman and CEO

Energy News Beat Middle EastOffshore PXGEO PXGEO Marine seismic player PXGEO has appointed industry veteran Charles Davison as executive chairman and chief executive officer, effective immediately, in a strategic leadership transition that marks “the beginning of a new chapter” for the four-year-old company. Davison brings more than 30 years of experience in growing, modernising and […]

China’s Mineral Processing

Energy News Beat Daily Standup Top Stories Critical Minerals are not the problem that China controls. It is the processing of the mineral ore that they control. April 21, 2025 Clark Savage Examining the energy markets today, we must consider the tariff war currently underway between the United States and the rest of the world. Make […]

Vallourec wins pipe deal for Brazilian project from Allseas

Energy News Beat Petrobras Swiss-based marine construction specialist Allseas has picked French tubing manufacturer Vallourec to supply line pipes for Petrobras’ Búzios 10 offshore project. This contract represents nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes for the risers and flowlines. The contract includes an optional scope of almost 5,000 tonnes. The […]