Day: July 28, 2025

EU’s $750 Billion Energy Deal with Trump Has Some Uphill Roads

Energy News Beat In a bold move to avert a transatlantic trade war, the European Union (EU) and the United States, under President Donald Trump, announced a historic agreement on July 27, 2025. The deal, struck during talks in Scotland between Trump and European Commission President Ursula von der Leyen, includes a 15% tariff on […]

Venture Global takes FID on CP2 LNG

Energy News Beat Ventrue Global said on Monday that the transaction garnered “enormous” interest from the world’s leading banks, resulting in over $34 billion of commitments, and required no outside equity investment. According to the company, the lender group for the construction financing is comprised of the world’s leading banks, signaling significant demand for US […]

Economic Sense of Wind and Solar

Energy News Beat Economic Sense of Wind and Solar How in the world do you make “Economic Sense of Wind and Solar”? Is the question for the day? We have been told for years that wind and solar energy are cheaper and should replace all traditional power sources. Even Elon has been recently saying that […]

Overlooked Vulnerability Could Cripple America’s Grid

Energy News Beat In an era where artificial intelligence (AI) and data centers are transforming the energy landscape, America’s power grid faces a silent yet potentially devastating threat: a fragile supply chain plagued by bottlenecks, foreign dependencies, and security risks. As demand for electricity surges to unprecedented levels, critical components like transformers and natural gas […]

Shell takes FID on Egypt gas project

Energy News Beat BG International, an affiliate of Shell, will operate the field with a 60 percent stake alongside partner, Kufpec (Egypt) (40 percent), working in close collaboration with state-owned EGAS, according to Shell. Discovered in October 2023, the Mina West gas field will be developed as a subsea tie-back to the existing infrastructure of […]

Backlash Against EU Net Zero Regulations: Qatar Threatens to Cut LNG Supplies

Energy News Beat In a bold escalation of tensions over the European Union’s aggressive push toward net-zero emissions, Qatar has issued a stark warning: comply with our demands or face a cutoff of vital liquefied natural gas (LNG) supplies. This threat, revealed in leaked correspondence, underscores growing international resistance to the EU’s sustainability mandates, which […]

Is President Trump Stalling Solar and Wind Projects?

Energy News Beat Daily Standup Top Stories Zeldin, Trump, Prepare Assault on EPA Endangerment Finding July 26, 2025 Clark Savage This article is from David Blackmon’s Substack, and we highly recommend subscribing. This is an expected move by the EPA that can have a wide-ranging impact. This will be another nail in the coffin for […] Department […]

As the EU and U.S. Reach Historic Agreement, Oil Prices Climb

Energy News Beat In a landmark development that has sent ripples through global markets, the United States and the European Union announced a historic trade agreement on July 27, 2025, averting a potential escalation in transatlantic tariffs. The deal, struck just ahead of a Friday deadline, includes a compromise on tariffs and massive commitments from […]

ASPs for AR7 prove renewables are not cheap

Energy News Beat ASPs for AR7 prove renewables are not cheap – Watt-Logic Last week, Energy Secretary Ed Miliband announced the Administrative Strike Prices for the upcoming 7th auction round for the Contracts for Difference subsidy scheme. These represent the maximum prices he is willing to pay for each technology type. Or I should say, […]