Day: August 12, 2025

Trinidad Awards Deepwater Blocks to ExxonMobil and Could See $21.7 Billion Investment

Energy News Beat In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant’s return to the twin-island nation after a two-decade hiatus. The deal, equivalent to seven deepwater blocks, could attract up to $21.7 billion in investments if commercially viable reserves […]

BKV Corporation Reports Second Quarter 2025 Financial and Operational Results, Updated 2025 Guidance, Strategic Barnett Shale Acquisition, and Carbon Sequestered Gas Deal

Energy News Beat DENVER – BKV Corporation (NYSE: BKV), a leading independent energy company focused on natural gas production, midstream operations, and carbon capture initiatives, released its second quarter 2025 financial and operational results today. The company highlighted robust performance across its upstream, power generation, and carbon sequestration businesses, while announcing key strategic moves including […]

Oil Prices Dip as Market Awaits EIA Report

Energy News Beat Oil prices experienced a modest decline on Tuesday, reflecting trader caution ahead of the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook report. Brent crude futures fell 20 cents, or 0.3%, to $66.43 a barrel, while U.S. West Texas Intermediate crude dipped similarly amid a backdrop of mixed signals from global […]

Governor Newsom has no solutions how to run California’s economy without crude oil

Energy News Beat California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels currently derived from fossil fuels. He seems unaware that so-called renewables like wind and solar CANNOT make any products or fuels for society, as they can ONLY generate electricity under favorable weather conditions. Supply […]

A slower transition to “clean energy” sets the stage for stronger demand for fossil fuels for decades. – Doug Sheridan

Energy News Beat ENB Pub Note: Doug Sheridan writes on LinkedIn the following, and he is spot on. And as the subtitle suggests, “Turley’s Law” has been proven accurate in the past, and we will have to look at modifications as the world needs more oil and gas. The overall premise was that the more […]

NextDecade Gets $1.8 Billion Injection for LNG Project

Energy News Beat ENB Pub Note: We have reached out to the team at NextDecade for an interview with Matt Schatzman, Chairman & CEO, and will keep you posted on the updates. A significant boost for the U.S. liquefied natural gas (LNG) sector, NextDecade Corporation has secured up to $1.8 billion in equity commitments from […]

AC vc DC: who would win a modern Battle of the Currents?

Energy News Beat Recently, I was asked: what if Edison had won the Battle of the Currents? As power grids today are increasingly dominated by inverter-based generation, could a direct current (dc) grid be more effective than the alternating current (ac) grids we rely on today? Would we still need spinning mass, inertia, and frequency […]

Five countries account for 71% of the world’s nuclear generation capacity

Energy News Beat Data source: International Atomic Energy Agency Data values: Power Reactor Information System Five countries account for more than two-thirds of the world’s total nuclear electricity generation capacity. The United States has the most capacity, followed by France, China, Russia, and South Korea, based on International Atomic Energy Agency (IAEA) data as of June 2025. Globally, 416 […]

Trump’s Tariff Gambit Puts India in an Oil Price Bind

Energy News Beat Trump’s plan to impose a 25% tariff on Indian imports over its Russian crude purchases puts India in a dilemma between preserving $87B in U.S. exports or saving billions through discounted oil. India signals it won’t bow to U.S. pressure, prioritizing cheap Russian crude to keep export goods competitive and avoid a […]