Energy News Beat The job creation machine is running at a decent pace, unemployment is historically low, but it’s not evenly spread across all industries. By Wolf Richter for WOLF STREET. Total nonfarm payrolls rose by 147,000 in June, to 159.6 million. The prior two months were revised higher, as per the Bureau of Labor Statistics today. The […]
Energy News Beat On July 3, 2025, a nearly hour-long phone call between Russian President Vladimir Putin and U.S. President Donald Trump sparked global attention, with implications for energy markets, geopolitical strategies, and the ongoing war in Ukraine. The conversation, detailed by Kremlin aide Yuri Ushakov, covered critical topics, including Ukraine, the Middle East, and […]
Energy News Beat U.S. electricity prices have been climbing at an alarming rate, outpacing inflation and squeezing households and businesses alike. Despite years of green energy policies promising affordability and reliability, the reality has been starkly different: aging infrastructure, surging demand, and policy missteps have driven costs higher. However, under the leadership of Energy Secretary […]
Energy News Beat The global energy landscape is on edge as India, the world’s third-largest crude oil importer, sounds the alarm over a proposed U.S. bill that would impose a staggering 500% tariff on goods from countries purchasing Russian oil. This legislation, spearheaded by U.S. Senator Lindsey Graham and reportedly backed by President Donald Trump, […]
Energy News Beat This is like the dog that chases a car so often that it doesn’t know what to do when it finally catches up with the car. Doug Sheridan on LinkedIn again has some great points about the California refinery problems. Is Oil & Gas Right for Your Portfolio? Doug Sheridan Writes: […]
Energy News Beat Duke Energy, one of the largest electric utilities in the U.S., has signaled a potential reversal on its plans to retire several coal-fired power plants, despite earlier commitments to transition toward cleaner energy sources. According to a recent report by the Indianapolis Star (July 1, 2025), the company is reconsidering the closure […]
Energy News Beat Daily Standup Top Stories Europe’s Green Energy Stocks Spike on Weakened U.S. Big Beautiful Bill This is a validation that the Inflation Reduction Act was giving money to other countries. Iraq Power Grid Suffers as Iran Cuts Gas by Half – U.S. company bidding on LNG import facility July 2, 2025 Clark Savage […]
Energy News Beat AsiaPorts and Logistics Iranian logistics and shipping firm Nasim Bahr Kish has submitted a formal bid to acquire full ownership of Russia’s Astrakhan port, including a 25% stake currently held by the Russian state. The proposed RBL437.5m ($5.6m) deal would give the Tehran-based firm complete control over one of the Caspian Sea’s […]
Energy News Beat AsiaPorts and Logistics Mitsui E&S Mitsui E&S Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hydrogen refuelling system tailored for next-generation cargo handling equipment, a step toward decarbonising port operations and scaling up the adoption of hydrogen-powered […]
Energy News Beat Capital Gas Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, involves 174,000 cu m newbuilds, priced at $257m each, with final delivery expected in the second half of 2028. The […]
