Day: May 12, 2025

Newsom relinquishing control to China to meet the energy demands of Californians?

Energy News Beat Co-authored by Ronald Stein, P.E. and Mike Umbro California’s Governor Newsom has been on this planet for 57 years and has yet to publicly recognize that modern life requires the use of fossil fuels to function. California is the fourth largest economy in the world. We require the PRODUCTS and TRANSPORTATION FUELS made from fossil […]

Secretary of Energy Chris Wright Plans to Cut 47 Regulations ‘Driving Up Costs and Lowering Quality of Life’

Energy News Beat U.S. Secretary of Energy Chris Wright has proposed cutting dozens of regulations he says are “driving up costs and lowering quality of life” for the American people, making the announcement on Monday. The Department of Energy described this move as its “largest deregulatory effort in history” as it angles to reduce or […]

Big Oil Companies Mergers, Or are they Moving?

Energy News Beat Big Oil Companies Mergers, Or are they Moving? Mounting speculation surrounds a potential BP-Shell mega merger and the growing likelihood that one or both oil giants may relocate to the U.S. amid hostile UK energy policies. With the UK conducting an oil war like California’s Gavin Newsom, will BP and Shell merge? […]

Saudi Arabia Spends Like Oil’s Still at $90

Energy News Beat ENB Pub Note: Excellent article from Irina Slav at Oilprice.com. This article reinforces Doomberg’s comments about OPEC and its viability in the future as a cartel. Last week on the Energy News Beat podcast, he had stated that the oil pricing matrices have changed, and that OPEC may not be able to […]

Texas Laws Aim To Stabilize ERCOT Grid By Leveling The Playing Field Among All Power Generators

Energy News Beat ENB Pub Note: This is an outstanding article from Ed Ireland’s Substack. We highly recommend following him here: https://edireland.substack.com/. Looking at the grid and the adverse effects of wind and solar before an incident like Spain happens is huge.  In 2021, Winter Storm Uri pushed Texas’s electricity grid to the brink, with […]

Republicans Push to Refill the Strategic Petroleum Reserve With $1.3 Billion

Energy News Beat ENB Pub Note: This article from Oilprice.com follows last week’s statements from Chris Wright that the SPR had damage from oil being withdrawn so fast, and only saw a 40-cent reduction at the pump for the primaries. The money being requested won’t be felt at the pump that hard, as it will […]

Egypt’s EGAS inks new FSRU charter deal with Hoegh Evi

Energy News Beat Hoegh Evi said on Monday that the charter is for 10 years. The FSRU Hoegh Gandria will be deployed in the fourth quarter of 2026 to the Port of Sumed and will supply up to 1,000 mmscf/day of peak LNG regasification capacity, making it a “critical” part of Egypt’s diversified and flexible […]

Texas Bill Requires Solar Farms To Have Fossil Fuel Backup Power Source

Energy News Beat The Texas Senate passed a bill Thursday that leading business interests fear would lead to an age of expensive power and rolling blackouts. If passed by the House, state S.B. 715 would require all renewable projects — even existing ones — to buy backup power, largely from coal or gas plants. This […]

Summer Power Outages Coming Soon!!

Energy News Beat Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due to high demand and retiring plants. It seems likely that extreme heat could strain the grid, potentially […]

DP World to spend $760m expanding Caucedo port in the Dominican Republic

Energy News Beat Global terminal operator DP World has signed a deal in Latin America to spend $760m expanding the Dominican Republic’s Port of Caucedo and its free trade zone. DP World said the Dominican Republic offers a compelling environment for manufacturers and logistics providers by offering competitive costs, robust tax incentives, and proximity to […]