Day: November 19, 2025

$1 Billion Loan from the DOE to Restart Three Mile Island: A Boost for American Energy Security

Energy News Beat In a landmark move to revitalize America’s nuclear energy sector, the U.S. Department of Energy (DOE) has finalized a $1 billion loan to Constellation Energy Generation, LLC, paving the way for the restart of the Crane Clean Energy Center—formerly known as Three Mile Island Unit 1. This Pennsylvania-based nuclear facility, which ceased […]

EIA Reports Surprise Crude Oil Inventory Dip

Energy News Beat The U.S. Energy Information Administration (EIA) has once again shaken up the energy markets with its latest Weekly Petroleum Status Report, revealing an unexpected drawdown in crude oil inventories for the week ending November 14, 2025. This surprise dip comes amid fluctuating global demand signals and ongoing geopolitical tensions, providing fresh insights […]

Why China and India Continue Buying Russian Oil?

Energy News Beat ENB Pub Note: This article is from The Merchants News Substack by Giacomo Prandelli, and I had an outstanding conversation with him while he was in Switzerland. I love talking to people from around the world about energy. We recommend subscribing to his Substack, and I have scheduled an interview with him […]

China Sets the Floor and Ceiling for Global Oil Prices

Energy News Beat In the intricate dance of global energy markets, China has emerged as a pivotal player, effectively establishing both a floor and a ceiling for crude oil prices through its strategic imports and stockpiling activities. As the world’s largest oil importer, China’s decisions ripple across international markets, absorbing surpluses when prices dip and […]

Europe Has Rare Earth and Critical Minerals, But Is at China’s Mercy Just Like Everyone Else

Energy News Beat In a world increasingly dependent on rare earth elements and critical minerals for everything from electric vehicles to wind turbines and defense technologies, Europe finds itself in a precarious position. Despite boasting significant deposits across the continent, including in Turkey, Sweden, and Norway, the region remains overwhelmingly reliant on China for supply. […]

Japan Might Challenge China Sooner Than Expected – Andrew Korybko

Energy News Beat ENB Pub Note: This is an outstanding article from Andrew Korybko’s Substack newsletter, and he has some great points about Japan and China. The one concern I have about Japan is its debt structure, and its debt is about 230% of GDP. It is totally unsustainable and with their new leader, if […]