Day: June 20, 2025

California’s Grid: A Fragile System with Dim Prospects for Stability

Energy News Beat California’s electric grid, often celebrated for its renewable energy ambitions, is buckling under the weight of its own complexity and external pressures. Nowhere is this more evident than in the Kern River Valley, where a surge in Public Safety Power Shutoffs (PSPS) has left residents and businesses reeling. With over 20 power […]

US Rig Counts Down Amid Rising U.S. Crude and LNG Production

Energy News Beat The U.S. energy sector is navigating a paradoxical landscape: rig counts are declining, yet crude oil and liquefied natural gas (LNG) production continue to climb. This trend, driven by improved drilling efficiencies and strategic focus on high-yield basins, underscores the resilience of U.S. energy output despite reduced drilling activity. Below, we dive […]

Rising U.S. Power Bills Sparking Political Heat: Which States Are Causing the Dilemma?

Energy News Beat Across the United States, soaring electricity bills are igniting political debates, with voters and policymakers pointing fingers at state energy policies, infrastructure challenges, and federal decisions. As energy costs outpace inflation, the issue is poised to influence the 2026 U.S. midterm elections, particularly in states where residents face the highest power prices. […]

India’s May LNG imports drop and what is the total Energy Mix for India?

Energy News Beat LNGPrime has an update at the bottom for this month’s India LNG import statistics. I have added the Energy Mix for India, and who they are buying their oil and LNG. Is Oil & Gas Right for Your Portfolio? India’s Energy Mix India’s energy mix is diverse, with a heavy reliance on […]

Trump softens on Iran intervention amid maritime chaos in Gulf

Energy News Beat Oil prices dipped 2% in early trading today as Donald Trump appeared to step back from joining Israel’s attacks on Iran, while the waters in the Middle East remain busy, and dangerous thanks to vastly increased GPS spoofing in the region in the week since war broke out between the two Middle […]

Japan seeks to double shipbuilding output by 2030

Energy News Beat Japan is weighing bold steps to rejuvenate its once-dominant shipbuilding industry, including the establishment of a government-backed national shipyard, as part of a wider strategy to restore maritime manufacturing capabilities critical to national security. The proposal, submitted to prime minister Shigeru Ishiba by the ruling Liberal Democratic Party (LDP) on Friday, calls […]

DHT confirms VLCC buy

Energy News Beat AmericasTankers Enesel Enesel New York-listed VLCC pure-play DHT has confirmed the acquisition of a modern Korean-built tanker. The Svein Moxnes Harfjeld-led company said it will be adding an unnamed 2018 Hyundai Heavy Industries-built vessel in the third quarter of this year. DHT is paying $107m for the scrubber-fitted VLCC, which is expected […]

Seafaring remains one of the world’s most dangerous professions

Energy News Beat Operations Seafaring remains one of the world’s most dangerous professions, according to a major new report, which surveyed 147,000 people in many different jobs across the world.  According to Lloyd’s Register Foundation’s latest World Risk Poll Focus On report, 25% of ocean workers report having experienced harm from their work in the […]

K Line teams with Provaris in hydrogen carrier drive

Energy News Beat Provaris Japanese shipping major Kawasaki Kisen Kaisha (K Line) has partnered up with Australia’s Provaris Energy to advance compressed hydrogen shipping and offshore storage solutions. The two companies have signed a 12-month memorandum of understanding (MoU) to jointly explore the development, construction, and operation of Provaris’ H2Neo carrier and H2Leo barge. Provaris […]

DOF subsea construction vessel finds work in Atlantic region

Energy News Beat EuropeOffshore MarineTraffic / Perry Jones (Skandi Inventor under previous name) MarineTraffic / Perry Jones (Skandi Inventor under previous name) Norwegian offshore vessel owner DOF has won multiple contracts for the subsea construction vessel (SCV) Skandi Inventor in the Atlantic region. The DP3 construction vessel secured more than 100 days of firm work […]