Day: August 13, 2025

Is the Trump-Putin Summit a Potential Hidden Catalyst for Oil and Gas Development?

Energy News Beat In the frosty expanse of Alaska, an unprecedented summit between U.S. President Donald Trump and Russian President Vladimir Putin is set for August 15, 2025—just days away. Billed as a discussion on Ukraine’s ceasefire and broader geopolitical tensions, whispers from Washington and Moscow suggest deeper undercurrents: a potential realignment in global energy […]

UK Heat Wave Cuts Wind Output, Exposing Power Supply Gaps

Energy News Beat In a sweltering twist of irony, the United Kingdom’s push toward a renewable-dominated energy future is facing a harsh reality check. As temperatures soar during an unprecedented August 2025 heat wave, wind power generation has plummeted, leaving the nation scrambling to fill the void with fossil fuels. This vulnerability comes hot on […]

India Defied US Pressure To Dump Russia For These Five Reasons

Energy News Beat ENB Pub Note: This article is from Andrew Korybko’s Newsletter on Substack and is very interesting. This coincides with our points made that it is a mistake for the Trump adminstration to levy tariffs on India to end the Ukraine war. Friday will be a big day, and I hope that President […]

India’s Second Largest Refinery Sees Imports Plunge as EU Sanctions Kick In

Energy News Beat In a significant blow to India’s energy landscape, Nayara Energy—operator of the country’s second-largest refinery—has experienced a dramatic plunge in crude oil imports this August, hitting historic lows. This downturn is largely attributed to the European Union’s latest sanctions package targeting Russian oil and its derivatives, compounded by U.S. President Donald Trump’s […]

TotalEnergies Wins Legal Battle to Shut Down North Sea Oil Fields

Energy News Beat In a significant blow to the UK’s domestic energy production, French energy giant TotalEnergies has secured a High Court victory allowing it to decommission the Gryphon floating production, storage, and offloading (FPSO) vessel in the North Sea. The ruling, handed down on August 12, 2025, paves the way for the shutdown of […]

The United States exported 30% of the energy it produced in 2024

Energy News Beat Data source: U.S. Energy Information Administration, Monthly Energy Review Data values: Primary Energy Overview and Primary Energy Exports by Source Note: Other includes biomass, coal coke, and electricity. In 2024, the United States exported about 30% of its domestic primary energy production. This percentage has grown considerably in recent decades, according to data in our Monthly Energy Review. Nearly all of the exports […]

Greece’s Gastrade restarts Alexandroupolis FSRU ops

Energy News Beat Gastrade announced the resumption of unloading and regasification services at the Alexandroupolis LNG terminal on Monday. “Such services will become available at a maximum regasification capacity of 45.4 GWh/day, including redundancy with respect to its booster pumps,” the company said. According to Gastrade, the above capacity will remain available until September 30, […]

NextDecade secures equity commitments for fourth Rio Grande LNG train

Energy News Beat NextDecade said in an SEC filing on Monday that its units have entered into subscription agreements with subsidiaries of TotalEnergies and GIP. Under the agreements, TotalEnergies will provide up to $300 million for a 10 percent stake in the Train 4 joint venture, according to NextDecade. On the other hand, GIP will […]

Venture Global’s Q2 revenue reaches $3.1 billion

Energy News Beat The company said on Tuesday its second-quarter income from operations of $1 billion rose 186 percent year-on-year, net income $0.4 billion rose 21 percent year-on-year, and consolidated Adjusted Ebitda of $1.4 billion increased 217 percent from the second quarter of 2024. During the first quarter of this year, Venture Global’s revenue jumped […]