Energy News Beat In an era where energy demands are skyrocketing and climate change is reshaping weather patterns, Norway stands as a prime example of the vulnerabilities inherent in over-reliance on a single energy source. As Europe’s hydropower giant, Norway has long exported its abundant clean electricity to neighbors like the UK and other EU […]
Energy News Beat In a display of enduring alliance, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi convened at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, on September 1, 2025. Their meeting, marked by a warm hug and an impromptu hour-long car ride together, underscores a commitment to business and cooperation […]
Energy News Beat In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline […]
Energy News Beat This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But there is a bigger problem: the country is the undisputed leader in industrial electricity prices in the […]
Energy News Beat “Global LNG freight rates softened this week, with Spark30S (Atlantic) priced $34,350 per day and Spark25S (Pacific) at $33,500 per day,” Spark’s commercial analyst, Max Glen-Doepel, told LNG Prime on Friday. Last week, Spark30S (Atlantic) rates were $36,500 per day and Spark25S (Pacific) rates $35,000 per day. In Europe, the SparkNWE DES LNG […]
