Energy News Beat Saudi Aramco, the world’s largest oil company, is reportedly considering the sale of up to five gas-fired power plants, a move that could raise approximately $4 billion, according to sources cited by Reuters and OilPrice.com. This potential divestiture has sparked speculation about the motives behind the decision. Is Aramco selling these assets […]
Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley talks with Mark Lancaster about solving the stranded gas challenge by turning wasted natural gas into energy for Bitcoin mining and data centers. Lancaster explains how his company provides fast, scalable natural gas generators, which cut project timelines and reduce […]
Energy News Beat OPEC+ has once again accelerated its oil production strategy, moving its key meeting from Sunday to Saturday, July 5, 2025, to discuss a potential fourth consecutive monthly output increase of 411,000 barrels per day (bpd) for August. This decision, reported by OilPrice.com and confirmed by OPEC+ delegates, reflects the group’s aggressive push […]
Energy News Beat According to an application dated June 26, Golden Pass requests that DOE’s Office of Fossil Energy and Carbon Management issue an order granting GPLNG to engage in short-term exports of up to 50 Bcf of LNG, on a cumulative basis, that will have been previously imported into the US from foreign sources. […]
Energy News Beat Under the terms of the SPA, Petronas will purchase 1 million tonnes per annum (mtpa) of LNG from Venture Global’s third facility, CP2 LNG, for 20 years, according to a Venture Global statement. Venture Global noted this builds upon its existing agreement with Petronas for 1 mtpa of LNG supply from the […]
Energy News Beat The U.S. Treasury Department has announced a fresh wave of sanctions targeting Iran’s illicit oil trade, specifically focusing on its elusive “dark fleet” network, a shadowy system of vessels and operators that smuggle Iranian oil to evade international restrictions. This move, part of the ongoing U.S. “maximum pressure” campaign, aims to choke […]
Energy News Beat Mitsui E&S Mitsui E&S Shipbuilding has been rebranded Tsuneishi Solutions Tokyobay having been bought by Tsuneishi Shipbuilding, the latest in a series of shipyard mergers ongoing in Japan. Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding, whose shipbuilding heritage dates back to 1917, had been in a capital alliance for the past four years, […]
Energy News Beat Port of Coos Bay A major infrastructure initiative at the Port of Coos Bay is gaining momentum with a $100m funding boost from the state of Oregon, setting the stage for the creation of the west coast’s first fully ship-to-rail container port. The Pacific Coast Intermodal Port project aims to establish a […]
Energy News Beat T. Parker Host T. Parker Host (Host), a provider of maritime agency and terminal services across the US, has acquired Transmarine Navigation Corporation (Transmarine), a west coast ship agency headquartered in Long Beach, California. The acquisition makes Host the largest independent tramp ship agency in the US. “This acquisition aligns with our […]
Energy News Beat EuropeTankers KNOT KNOT KNOT Offshore Partners has expanded its fleet with the acquisition of a three-year-old shuttle tanker and agreed a sale and leaseback deal for another. The company bought the 2022-built suezmax Daqing Knutsen from Knutsen NYK Offshore Tankers (KNOT). The purchase price for the vessel, built by COSCO Shipping Heavy […]
