Day: December 18, 2025

Venezuela Isn’t Escalation – It’s Supply Managment – DRW

Energy News Beat What a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on the Sunday release of the Energy News Beat Stand Up. Stu points out that President Trump needs […]

Even for the Trillions Spent on Wind and Solar, Coal is Still Needed

Energy News Beat In an era where trillions of dollars have poured into wind and solar energy projects worldwide, one might expect coal to fade into obscurity. Yet, the International Energy Agency’s (IEA) latest Coal 2025 report paints a different picture: coal remains a stubborn cornerstone of global energy systems, essential for reliability and security […]

JAPEX Buys U.S.-Owned Verdad Resources Intermediate Holdings for $1.3 Billion

Energy News Beat In a strategic move underscoring the importance of global energy diversification, Japan Petroleum Exploration Co. Ltd. (JAPEX) has acquired Verdad Resources Intermediate Holdings LLC (VRIH) for approximately $1.3 billion. This deal highlights a key principle we’ve long championed at The Energy News Beat Channel: energy security starts at home. But when domestic […]