Energy News Beat ENB Pub Note: The Democratic supermajority in Hawaii is going to be a case study on what not to do. Their energy and fiscal policies are some of the worst in the world. We will be covering some of the major issues in future articles. The energy mix in Hawaii is a […]
Energy News Beat Following the incident in 2022, Freeport received approval from FERC for commercial operations of Phase 1, which includes all three liquefaction trains, LNG storage tanks 1 and 2, and dock 1, in February 2023. Thereafter, Freeport received approval from the regulator for commercial operations of Phase 2, which includes LNG loop 2 […]
Energy News Beat The CRE meltdown just doesn’t let up. By Wolf Richter for WOLF STREET. Delinquencies of office mortgages that were securitized into commercial mortgage-backed securities (CMBS) have been in the red-hot zone since mid-2023 and in December 2024 hit 11.0%, surpassing even the debt-meltdown during the Financial Crisis. Then, during the first three months of 2025, […]
Energy News Beat Spain and Portugal’s blackout wasn’t caused by natural disasters; it was driven by a dangerously unstable reliance on renewable energy. ​In April 28, 2025, a catastrophic power outage plunged millions of people in Spain and Portugal into chaos. [emphasis, links added] The blackout, one of Europe’s largest in recent memory, struck shortly […]
Energy News Beat ENB Pub Note: Although this story from OilPrice.com suggests it is detrimental to the emerging markets. This could be a great thing for the United States, and if we exported our energy as a service, we could dramatically impact energy to those who do not have access to electricity now. If we […]
Energy News Beat ENB Pub Note: The grid requires adherence to the laws of physics and fiscal responsibility. Anything less and blackouts and a financial crisis occur. We are witnessing the decline of Western Civilization, and Net Zero is at the heart of the problem. Net Zero is used based upon the climate narrative to […]
Energy News Beat Senate Majority Leader Thune faces a tough call on defying Senate rules to block California’s EV mandate using CRA, with a mid-May deadline looming. ​Senate Majority Leader John Thune, R-S.D., is facing a tough decision in the Senate, one that might determine whether or not California is saddled with an electric vehicle […]
Energy News Beat ENB Pub Note: This is also a vital lesson for grid operators in New York, New Jersey, Delaware, California, and other regions that have installed heavy wind and solar capacity without the critical dispatchable power in a ready state, such as coal, natural gas, and nuclear. The grid requires obedience to physics […]
Energy News Beat TotalEnergies declared force majeure on the Mozambique LNG project in April 2021 and withdrew all personnel from the site due to new attacks. Mozambique LNG includes the development of offshore gas fields in Mozambique’s Area 1 and a liquefaction plant at the Afungi complex. Besides TotalEnergies, other partners in the project include Japan’s Mitsui, […]
Energy News Beat AmericasOffshore Valaris Valaris New York-listed offshore driller Valaris has been awarded new deals for its rigs, increasing the company’s backlog to approximately $4.2bn. US supermajor ExxonMobil exercised a six-month price option for the 2015-built Valaris DS-9 drillship. The option will begin in January 2026 in direct continuation of the existing firm program. […]
