Day: July 17, 2025

Iran Seizes Foreign Oil Tanker in Gulf of Oman

Energy News Beat In a move that has heightened tensions in one of the world’s most critical energy corridors, Iranian authorities have seized a foreign oil tanker in the Gulf of Oman on suspicion of fuel smuggling. The incident, announced by the Chief Justice of Hormozgan Province, involves the confiscation of a vessel allegedly carrying […]

Voltage, inertia and the Iberian blackout part 2: faulty PV inverter crashed the grid

Energy News Beat The Iberian blackout demonstrated the importance of voltage control and reactive power, and how a weak grid, with poor controls, was brought down bu a single faulty solar inverter. In this second part of my analysis of the Iberian blackout, I examine the specific technical causes of the incident. Where technical concepts […]

Goldman Says the Boom Years of U.S. Oil Output Growth Are Over, But Are They?

Energy News Beat The U.S. oil industry has been a powerhouse of global energy production for over a decade, largely fueled by the shale revolution and the explosive growth in the Permian Basin. However, a recent analysis from Goldman Sachs has cast a shadow over this narrative. In an interview with Bloomberg TV, Daan Struyven, […]

NFE inks second FSRU charter deal with Egypt’s EGAS

Energy News Beat NFE said on Tuesday that its unit has executed a five-year agreement for the deployment of the 138,350-cbm Energos Winter with state-owned EGAS. The FSRU will operate at EGAS’ LNG import terminal located at Damietta, Egypt. No Taxes for Me – Ask about investments with Tax Benefits This is NFE’s second FSRU […]

Sanctioned Russian Arctic LNG Project May Have Resumed

Energy News Beat The Russian Arctic LNG 2 project, a flagship liquefied natural gas (LNG) initiative operated by Novatek on the Gydan Peninsula, appears to be pushing forward despite heavy Western sanctions. Recent vessel-tracking data indicates that loadings may have resumed, signaling Moscow’s determination to revive exports from the sanctioned facility. This development comes amid […]

200,000 Bpd Halted in Iraq After Drone Strikes in Kurdistan Oilfields

Energy News Beat In a series of escalating attacks that underscore the fragile security in Iraq’s oil-rich regions, drone strikes have targeted multiple oilfields in the semi-autonomous Kurdistan area, leading to the shutdown of up to 200,000 barrels per day (bpd) of crude production. These incidents, attributed to Iran-aligned militias, come amid longstanding disputes over […]

Gasunie awards contract for German gas pipeline

Energy News Beat Germany’s Friedrich Vorwerk announced the award for the pipeline from Gasunie Germany in a statement on Tuesday. The order for the 86 km long pipeline has a “total volume in the mid-range of hundreds of millions of euros,” according to Friedrich Vorwerk. No Taxes for Me – Ask about investments with Tax […]

HD Hyundai eyes Morocco shipyard

Energy News Beat South Korea’s HD Hyundai Heavy Industries is eyeing a strategic leap into North Africa, as it seeks to secure long-term operating rights for Morocco’s flagship Casablanca shipyard. The latest global expansion effort comes at a time when South Korea’s largest shipbuilder aimed faces production bottlenecks at home amid a record orderbook. With […]

Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain

Energy News Beat Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel to reestablish a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. This move follows the current trend of countries trying to ensure their own shipbuilding supply chains. No Taxes for Me – Ask […]

Wind and Solar’s Day of Reckoning. Who’s Gonna Pay?

Energy News Beat Daily Standup Top Stories Wind and Solar’s Day of Reckoning is Approaching. Oil and Gas are booming making the Net Zero energy transition impossible Stu Turley Energy Secretary Chris Wright Says Withdrawal from IEA Is Now on the Table July 16, 2025 Clark Savage In a bold move that underscores the Trump administration’s […]