Day: June 12, 2025

President Trump Ends California’s EV Mandate: What It Means for Consumers, Carmakers, and the Future of Vehicles

Energy News Beat In a landmark move, President Donald Trump is set to sign three congressional resolutions on Thursday, June 12, 2025, effectively revoking California’s ambitious electric vehicle (EV) sales mandates and related diesel engine regulations. These resolutions, passed under the Congressional Review Act, will nullify California’s plan to phase out gasoline-only vehicle sales by […]

Delfin seeks new DOE extension, eyes FID on first FLNG in August

Energy News Beat In March this year, Delfin LNG, a unit of Delfin Midstream, secured a five-year permit extension from DOE. This extended the start date for Delfin’s export authorization for exports of up to 1.8 billion cubic feet per day (Bcf/d) of natural gas as LNG to non-free trade agreement countries to June 1, […]

Japan’s Jera seals US LNG supply deals

Energy News Beat Jera said in a statement on Thursday that these deals advance its long-term strategy to build a “diversified and resilient LNG procurement portfolio in support of stable, secure energy for Japan and Asia.” Through long-term offtake commitments, the agreements are expected to support economic activity that could contribute approximately $200 billion to […]

Recession Watch: My Favorite Recession Indicator, Mid-June Update

Energy News Beat It says: “Not yet,” and “Quite aways to go.” This trend has reversed before, but if it doesn’t and instead picks up momentum… Time to keep an eye on it. By Wolf Richter for WOLF STREET. When does a recession start? In the US, the National Bureau of Economic Research (NBER), which calls the official […]

ConocoPhillips loads its first Equatorial Guinea LNG cargo

Energy News Beat According to a ConocoPhillips social media post, loading operations started on June 6 at the EG LNG terminal in Punta Europa and concluded by June 9. The company noted that MEGPL president Frederic Phipps and EGLNG managing director Curtis Ryland visited the Maran LNG vessel to meet with the captain and crew […]

Vingroup, VinEnergo join forces on LNG power plant

Energy News Beat Vingroup said on Wednesday that its board of directors has approved the group’s participation in a joint venture with VinEnergo. The two firms will jointly invest in the Hai Phong LNG power plant project in Tan Trao Industrial Park. According to Vingroup, the power plant with a capacity of 4,800 MW will […]

New Energy Deal to Add 53,000 Jobs and $215 Billion in Economic Impact Through LNG and Natural Gas Agreement

Energy News Beat A landmark energy deal between Japan’s largest power generation company, JERA Co., Inc., and multiple U.S. liquefied natural gas (LNG) producers is set to bolster the U.S. economy by creating over 53,000 jobs and contributing approximately $215 billion to the nation’s GDP over the next two decades. Finalized in June 2025, this […]

China and Russia Deepen Energy Ties with Power of Siberia 2 Pipeline Talks: A Game-Changer for Natural Gas Trade

Energy News Beat As global energy markets shift under the weight of geopolitical tensions and the race for energy security, China and Russia are intensifying discussions on the Power of Siberia 2 (PoS-2) pipeline, a massive infrastructure project poised to reshape natural gas trade in Asia. With the existing Power of Siberia 1 (PoS-1) pipeline […]

Highway Robbery at the Pump

Energy News Beat Daily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage 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 […]

Philippines launches 3.3GW offshore wind round

Energy News Beat The Department of Energy of the Philippines has launched its Fifth Green Energy Auction, looking to secure 3.3GW of fixed-bottom offshore wind capacity with delivery slated between 2028 and 2030. This will be the first round to focus solely on fixed-bottom offshore wind technology. The DOE chose fixed-bottom offshore wind due to […]