Energy News Beat In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at Khor Al-Zubair port in Basra. This development marks a pivotal step in Iraq’s quest for energy security […]
Energy News Beat The Chabahar-Zahedan railway line, a transformative infrastructure project in Iran, is nearing completion, signaling a seismic shift in regional trade dynamics. Spanning approximately 628-750 kilometers, this railway connects Iran’s strategic Chabahar Port on the Gulf of Oman to Zahedan, near the borders of Afghanistan and Pakistan. As part of the International North-South […]
Energy News Beat Russian forces have seized the village of Shevchenko in eastern Ukraine, a strategically significant location near the Kruta Balka lithium deposit, one of Europe’s largest untapped hard-rock lithium prospects. This development, reported by OilPrice.com on June 26, 2025, raises serious concerns about the security of Ukraine’s critical minerals supply chain and the […]
Energy News Beat In December 2024, Energy Transfer LNG entered into a 20-year LNG sale and purchase agreement (SPA) to supply 2 million tonnes of LNG per annum (mtpa) to Chevron U.S.A. Energy Transfer said on Wednesday that its unit has signed an incremental SPA with Chevron for additional LNG supply from its Lake Charles […]
Energy News Beat According to a statement by PetroVietnam, the first ignition milestone took place on June 6. PV Power expects to launch the commercial operation of the Nhon Trach 4 LNG power plant, with a capacity of 750 MW, in November 2025. Is Oil & Gas Right for Your Portfolio? In February this year, […]
Energy News Beat On April 28, 2025, Spain and parts of Portugal plunged into darkness in one of Europe’s worst blackouts in modern history. The 18-hour outage disrupted daily life, grounding flights, halting trains, and crippling mobile networks across the Iberian Peninsula. As the dust settles and investigations unfold, the event has sparked a heated […]
Energy News Beat At the NATO summit held in The Hague on June 25, 2025, alliance leaders agreed to a bold new defense spending target of 5% of GDP by 2035, a significant leap from the previous 2% benchmark set in 2014. The decision, heavily influenced by U.S. President Donald Trump’s persistent calls for increased […]
Energy News Beat China, the world’s largest importer of liquefied natural gas (LNG) and crude oil, is experiencing a sustained decline in LNG imports for the eighth consecutive month in June 2025. This trend, coupled with shifts in its oil import dynamics, signals significant changes in global energy markets. Below, we explore the latest data […]
Energy News Beat Daily Standup Top Stories Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture Centre Would Trees Be Cheaper? China’s EV Market is in turmoil June 25, 2025 Clark Savage China’s EV market is quite fascinating, and some of their products are equipped with cool features; however, their predatory practices, which […]
