Day: August 3, 2025

Trump’s Nuclear Energy Overhaul Sparks Unfounded Alarms over Safety

Energy News Beat In a bold move to revitalize America’s energy sector, President Donald Trump has unveiled ambitious plans to quadruple U.S. nuclear power capacity by 2050, targeting an addition of 300 GW of new nuclear energy. This overhaul includes executive orders aimed at reforming the Nuclear Regulatory Commission (NRC), accelerating the deployment of advanced […]

Chevron’s Record Oil and Gas Output Boosts Earnings Amid Price Challenges

Energy News Beat In a testament to operational excellence, Chevron Corporation (CVX) has achieved record-breaking oil and gas production in the second quarter of 2025, positively influencing its earnings despite headwinds from lower commodity prices. This milestone underscores the resilience of traditional energy giants in a volatile market while highlighting key considerations for investors evaluating […]

Net Zero Has Cost Europe’s Energy Future

Energy News Beat Europe’s ambitious pursuit of net-zero emissions by 2050 was once hailed as a bold step toward a sustainable future. However, as the continent grapples with skyrocketing energy prices, industrial decline, and heightened geopolitical vulnerabilities, it’s becoming clear that these policies have come at a steep cost. By prioritizing rapid decarbonization over energy […]

DET’s first Wilhelmshaven FSRU gets 100th LNG cargo

Energy News Beat On Thursday, the 100th LNG carrier arrived at the Wilhelmshaven LNG terminal 01 at Voslapper Groden, according to a DET statement. DET said the arrival of Venture Gator marks another “significant” milestone since the commissioning of Germany’s first floating LNG terminal at the end of 2022. The total cargo delivered by all […]

Venture Global’s Plaquemines LNG to commission fourth tank

Energy News Beat According to a June 30 FERC filing, the regulator approved Venture Global Plaquemines LNG’s request to introduce hazardous fluids to LNG storage tank 4. Venture Global’s unit told FERC on July 28 it had fulfilled the environmental conditions which were necessary prior to the introduction of gas and LNG to the fourth […]

Atlantic LNG shipping rates climb, Pacific rates down

Energy News Beat Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) rates increased by $1,750 this week, pricing in at $35,500 per day. “Meanwhile, Spark25S (Pacific) rates dropped for a fifth week running, decreasing by $3,750 per day to $33,500 per day and meaning that Atlantic rates are once again pricing in […]