Author: Erick Parel

Trump Approves Nippon Steel Partnership with U.S. Steel, Reviving $14 Billion Deal

Energy News Beat In a dramatic turn of events, President Donald Trump has greenlit a “planned partnership” between United States Steel Corporation (U.S. Steel) and Japan’s Nippon Steel Corporation, breathing new life into a $14.9 billion deal previously blocked by former President Joe Biden. The announcement, made on May 23, 2025, signals a shift from […]

$53 Billion Guyana Oil Clash Heads to London Tribunal

Energy News Beat ENB Pub Note: We will cover this issue on Tuesday’s Energy News Beat daily show. The history and information on Guyana’s oil reserves are on top, followed by the Oilprice.com information on the bid for Chevron to take over Hess’s Guyana asset. Guyana has emerged as a significant player in the global […]

Venture Global to start CP2 LNG construction after FERC approval

Energy News Beat FERC reaffirmed its previous approval of Venture Global’s CP2 LNG project and the project’s pipeline on Friday. “With the issuance of this order, the rehearing requests in this proceeding are no longer pending, and the Commission has issued its full merits orders on rehearing, without changing the authorization for the projects. The […]

Presdent Trump signs 4 executive orders aming to boost nuclear energy

Energy News Beat ENB Pub Note: I have a podcast scheduled with Doug Sandridge, Robert Bryce, and David Blackmon on Tuesday to cover the Executive orders and what they mean to the energy consumers in the United States. A couple key points are that one is directing nuclear reactors on federal land for the use […]

Inventory of New Houses for Sale Reach 500,000, Most since 2007, Driven by the South & West. Prices Zigzag Lower, Sales Rise

Energy News Beat As homebuilders got aggressive with mortgage-rate buydowns, incentives, and lower prices, sales held up, unlike sales of existing homes, which collapsed. By Wolf Richter for WOLF STREET. With inventories of new single-family homes for sale very high – more on those in a moment – the big homebuilders have been aggressive in their efforts to […]

Senator Kennedy sheds insights to the $93 Billion DOE waste scandal

Energy News Beat Secretary Chris Wright is doing a fantastic job as our Energy Secretary. Watch the funny yet pointed Senator Kennedy ask Chris questions about the $93 billion worth of loans shoveled out the door between President Trump’s election and Biden’s departure. Even Senator Kennedy was at a loss for words. It is disgusting, […]

Why a Central Texas farmer is on a one-man mission to stop renewable energy

Energy News Beat ODESSA — As wind turbines and solar panels spread through farmland in Central Texas, Robert Fleming has made it his calling to stop them. Four years ago, the 61-year-old convinced a school board in Troy not to approve a tax incentive for a renewable energy company. When Bell County commissioners considered a […]

Will Massive Oil And Gas Reserves Mean A New ‘Bakken Boom’ For Southwest Wyoming?

Energy News Beat News about massive oil and gas reserves identified in southwest Wyoming’s Mowry Shale formation has Josh Sorensen of Rock Springs reflecting on past booms. As president of Mountain States Pressure Service, Sorensen has over the years positioned his Rock Springs-based oil and gas well services company based on demand from producers moving […]

Smells Like Victory: Senate Kills California EV Mandate

Energy News Beat ENB Pub Note: This story from David Blackmon’s Substack is a great way to start the holiday weekend. Having the Senate kill the waiver granted by the Biden EPA to California under the Clean Air Act would have effectively mandated EVs, and the rest of the US would have paid for it. […]

US weekly LNG exports down to 27 cargoes

Energy News Beat ENB Pub Note: For March 2025, official Department of Energy data indicates that US LNG exports totaled 128.6 tanker loads, equivalent to 460.5 billion cubic feet (Bcf). Additionally, between May 15 and May 22, 2025, 27 LNG vessels departed from US terminals (Sabine Pass, Freeport, Corpus Christi, Cameron, Calcasieu Pass, Plaquemines, and […]