Author: Erick Parel

European gas prices hit two-year high

Energy News Beat   Natural gas prices in the EU have climbed to their highest level in two years, driven by a combination of cold weather, declining gas reserves, and concerns over potential US tariffs on imports for the EU. Benchmark futures rose by over 4% on Monday reaching $620 per 1,000 cubic meters or […]

Danes offer to buy California

Energy News Beat A group has proposed to pay Donald Trump $1 trillion and an unlimited supply of pastries in exchange for the state A crowdfunding group in Denmark has proposed that their country acquire the US state of California for $1 trillion and a lifetime supply of Danish pastries. The satirical idea of purchasing […]

BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

Energy News Beat BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its core oil and gas businesses. BP stock was up 6.89% at 12:56 p.m. London time. Elliott Management and BP have declined to […]

Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero

Energy News Beat The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive the Islamic Republic’s oil exports to zero, Iran’s Oil Minister Mohsen Paknejad said this weekend. “The maximum pressure policy has failed, and (Trump’s) dream of reducing Iran’s oil exports to […]

Taiwan Joins Japan as Alaska LNG Hopeful

Energy News Beat Taiwan has followed in Japan’s footsteps, expressing interest in buying more liquefied natural gas from the U.S. and more specifically from a project in Alaska, Reuters has reported, citing the country’s economy ministry. The statement reflects concern about the impact of tariffs that Trump has threatened to impose on all countries that run […]

Swiss Emission Curbs

Energy News Beat Daily Standup Top Stories $300 Billion in Global Nuclear Energy Investment – is this in trouble because of DeepSeek February 8, 2025 Clark Savage ENB Pub Note: This is a fundamental question. Will DeepSeek lead to the cancellation of some nuclear power generation projects? What is the impact on the uranium market and […]

EU’s von der Leyen calls for alternative to NATO

Energy News Beat Several EU leaders have pushed for a common European force free from US control in recent years European Commission President Ursula von der Leyen has called for an alternative to NATO, arguing that Europe must take greater responsibility for its own security. Her remarks come amid growing US demands for increased defense […]

US Treasury pays $100bn annually to unknown recipients – Musk

Energy News Beat The Department of Government Efficiency has found that $100 billion is paid annually to people without proper identification Elon Musk, as head of the new Department of Government Efficiency (DOGE), has said that the US Treasury pays over $100 billion annually to individuals without Social Security Numbers (SSNs) or temporary ID numbers. […]

Trump’s team to hold Ukraine talks this week

Energy News Beat Senior US officials are to visit Europe to discuss strategies for ending the Russia-Ukraine conflict, National Security Adviser Mike Waltz has said The US Secretary of State and Secretary of Defense, the Vice President, and the US special envoy in Europe will visit the continent this week to discuss strategies for ending […]

Liberal NGOs in crisis: The fallout of Trump’s USAID freeze

Energy News Beat If you’ve spent any time on social media recently, particularly X, you might have noticed a pattern. Media outlets, NGOs, and human rights groups with a liberal slant are posting about financial trouble. Some plead for public donations, while others announce layoffs and budget cuts. What’s causing this sudden turmoil? In many […]