Day: June 11, 2025

USGS Releases Assessment of Undiscovered Oil and Gas Resources in the Niobrara Formation of SW Wyoming and NE Colorado

Energy News Beat The U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, and parts of Utah. This report, published on May 21, 2025, estimates 473 million barrels of oil […]

Toro circles back to tankers with $36m MR deal

Energy News Beat EuropeTankers Toro Toro Nasdaq-listed owner Toro Corp has made a swift return to the tankers segment with the acquisition of a modern MR unit. The Petros Panagiotidis-led spinoff of Cyprus-based Castor Maritime has struck a deal for an unnamed 2021-built products carrier costing $36.25m. The company said it would fund the acquisition […]

9 Key Takeaways from President Trump’s Executive Orders on Nuclear Energy

Energy News Beat The following article from the Office of Nuclear Energy is beneficial, and we will be tracking companies and potential investments that could be beneficial as the nuclear energy supply chain is developed during this renaissance of atomic energy. Our Department of Energy is committed to delivering on the campaign promises of President […]

Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors?

Energy News Beat The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential resolution, investors in the energy, petrochemical, critical minerals, and steel sectors are eager to understand whether the tariff war is truly […]

Net zero realism is growing with the UK Government increasingly isolated

Energy News Beat In the 9th anniversary of the start of my blog, I’m feeling very encouraged by the growing net zero realism. I have long argued against current climate policies on the basis they are making energy more expensive and less secure, without any meaningful reductions in emissions. Both expensive energy and blackouts harm […]

Natural Gas is Booming: Unlocking Opportunities in the Energy Sector

Energy News Beat The U.S. natural gas sector is experiencing an unprecedented boom, fueled by record production, surging global demand, and strategic infrastructure advancements. As the world’s leading natural gas producer, the United States is leveraging its prolific oil and gas basins to meet domestic needs and expand liquefied natural gas (LNG) exports. For investors, […]

Data Centers Surge U.S. Power Demand by 92%: Opportunities in Utilities, Grid Equipment, and Oil and Gas

Energy News Beat The United States is experiencing an unprecedented surge in electricity demand, driven primarily by the rapid expansion of data centers. A recent forecast has boosted the U.S. power-usage outlook by a staggering 92% over previous estimates, highlighting the transformative impact of artificial intelligence (AI), cloud computing, and digital infrastructure. This article explores […]

Adnoc Gas dishes out $5 billion in contracts for expansion project

Energy News Beat Adnoc’s gas and LNG unit, Adnoc Gas, has taken the final investment decision on its Rich Gas Development (RGD) project. It also awarded $5 billion in contracts for the first phase of the project in the UAE. According to a statement by Adnoc Gas, the contracts involve expanding key processing units to […]

Argentina’s Enarsa gets offers for new LNG cargo tender

Energy News Beat The event was streamed live on Enarsa’s YouTube channel on Tuesday. Units of Vitol, TotalEnergies, BP, PetroChina, Gunvor, and Trafigura submitted the offers. Last week, Enarsa announced that it has sent the third request for proposals of the year for eight LNG shipments. Enarsa invited 39 pre-qualified companies to participate. Each of […]

Italian FSRU operator to hold new regas capacity auctions in July

Energy News Beat According to OLT Offshore, the auctions, relating to the capacity offered on an annual basis from gas year 2025/2026 to gas year 2043/2044, will be held from July 3 to 10. The LNG terminal operator stated that the capacity will be offered in 165,000 cbm slots, with a deadline of July 1 […]