Day: June 29, 2025

LNG carrier arrives to load first LNG Canada cargo

Energy News Beat “The carrier GasLog Glasgow has safely arrived at the LNG Canada facility in Kitimat, in the traditional territory of the Haisla Nation, where it will receive made-in-British Columbia LNG for export,” the spokesperson said. The spokesperson did not say when the Shell-chartered LNG carrier is expected to depart the facility. Is Oil […]

Big Beautiful Bill May Still Yet End the Green New Deal

Energy News Beat Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, dubbed the “One Big Beautiful Bill Act,” with a narrow 51-49 procedural vote on June 28, 2025. This $4.5 trillion tax and spending bill, which survived a crucial Senate test after intense negotiations, could reshape America’s energy […]

California is a U.S. National Security Risk, and the Gas and Diesel Crisis Was Manufactured

Energy News Beat California, the nation’s most populous state and a global economic powerhouse, is teetering on the edge of an energy crisis that threatens not only its own stability but the national security of the United States. The state’s skyrocketing gasoline and diesel prices, coupled with a shrinking fuel supply, are no accident—they are […]

First modules installed at Woodfibre LNG site

Energy News Beat Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, has started installing the first pipe rack modules at the site of its LNG export facility near Squamish, British Columbia. Woodfibre LNG announced that the installation of the pipe rack modules is now underway in a social media post on Thursday. […]

Russian LNG production drops in May

Energy News Beat Rosstat’s data shows that the country’s LNG terminals produced about 2.8 million mt last month, down 5.5 percent compared to May 2024. In April, LNG production reached about 2.7 million mt last month, down 6 percent compared to April 2024. and down from 2.9 million mt in March. Is Oil & Gas […]

The Historically Wide Spread between the 10-Year Treasury Yield and Mortgage Rates Widened Again: Some Thoughts

Energy News Beat Mortgage rates, QT, yield spreads, inflation, and a bond market that is not to be trifled with. By Wolf Richter for WOLF STREET. The 30-year Treasury yield, which ended Friday at 4.83%, has been showing a pattern that’s not exactly according to plan, and not even the April turmoil in the bond market knocked it […]