Day: August 7, 2025

U.S. Secretary of Interior Announces End to Lava Ridge Wind Project in Idaho

Energy News Beat In a significant blow to renewable energy development in the American West, U.S. Secretary of the Interior Doug Burgum announced the cancellation of the Lava Ridge Wind Project in southern Idaho. The decision, revealed on Wednesday, reverses the Biden administration’s approval of the massive 1,000-megawatt (MW) wind farm, citing concerns over environmental […]

Cheniere’s Q2 Earnings Up 85% on LNG Demand and Price Increase

Energy News Beat Cheniere Energy, Inc. (NYSE: LNG), the leading U.S. liquefied natural gas (LNG) exporter, delivered a stellar performance in the second quarter of 2025, reporting an 85% surge in net income amid robust global demand and elevated LNG prices. The company’s results underscore the resilience and growth potential of the U.S. LNG sector, […]

DOE launches new programs on nuclear fuel – Secratary Chris Wright on Mornings with Maria

Energy News Beat The U.S. Department of Energy is launching a new program to build more advanced nuclear fuel production lines to strengthen domestic supply chains and reduce reliance on foreign nuclear power and uranium. The administration is working to relaunch the American nuclear industry and scale up private companies’ ability to produce nuclear fuel […]

PPL Utilities Greenlights 1.3 GW Gas Power Plants Amid Data Center Boom

Energy News Beat AI and Data Centers Are Increasing Demand for Natural Gas and Natural Gas Turbines The rapid advancement of artificial intelligence (AI) is reshaping industries worldwide, but it’s also creating an unprecedented strain on global energy systems. As AI applications proliferate—from generative models like ChatGPT to complex machine learning algorithms—the data centers that […]

Aramco eyes large LNG portfolio

Energy News Beat Nasser answered a question on Tuesday during Aramco’s H1 earnings call on the company’s ambitions in the LNG industry in the next five to ten years. The CEO noted that Aramco agreed to increase its interest in MidOcean Energy, the LNG unit of US-based energy investor EIG, to 49 percent. Are you […]

Gladstone LNG exports climb in July

Energy News Beat About 1.81 million tonnes of LNG or 28 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to 1.70 million tonnes of LNG or 26 cargoes in July 2024. Are you from California or New York and need a tax break? July LNG exports dropped compared to 1.89 […]

Why a Mega Merger in the Railroad Industry Is Pertinent to Energy Investors

Energy News Beat Daily Standup Top Stories How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals August 6, 2025 Clark Savage In a landmark move poised to reshape America’s freight rail landscape, Union Pacific (UP) and Norfolk Southern (NS) announced a proposed $85 billion merger on July 29, 2025. This deal, if approved by regulators, would […] […]