Energy News Beat Daily Standup Top Stories Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero February 10, 2025 Mariel Alumit 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 […]
Energy News Beat AfricaPiracy Shipping has been warned that Somali pirates are back hunting for targets. British maritime security consultants Ambrey has issued a notice to clients detailing a suspected pirate action group sighted departing Marreya, Eyl, to the northeast of Somalia. Merchant vessels are advised to increase vigilance, and to engage armed security where […]
Energy News Beat EuropePorts and Logistics A.P. Moller Capital has unveiled a new partnership with Bergé y Compañía to grow Bergé into a top ports infrastructure company in Iberia and Latin America. The unspecified investment is financed through a separately managed fund backed by A.P. Moller Holding. Founded in Spain over 150 years ago, Bergé […]
Energy News Beat As the Chinese New Year has concluded, some deals have emerged in the cape segment. Chinese owners are once again purchasing, despite a prolonged period of depression in the market, while famous Israeli shipowners reportedly have sold three ships in the 20-year-old age bracket. The Moshe Mano-founded company Mano Maritime, a subsidiary […]
Energy News Beat Crude has six times more water than industry standard Pemex was hit with complaints and demands for discounts US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia and Canada amid complaints that Petroleos Mexicanos is increasingly delivering crude that’s unfit to make gasoline and diesel. Refiners […]
Energy News Beat 22 states are suing New York over its Climate Superfund law, calling it unconstitutional and a threat to energy producers, jobs, and the power grid. On February 6, 2025, a coalition of twenty-two states issued a lawsuit against the state of New York due to its “Climate Superfund” law, which would […]
Energy News Beat Europe’s soaring gas prices are making it more cost-effective to burn oil for industrial use, potentially boosting the region’s demand for barrels. Natural gas surpassed the equivalent of $100 a barrel on Monday, a two-year high. The price jump raises the prospect of more switching from gas to petroleum products such as […]
Energy News Beat “Drill Baby Drill is a Double-Edged Sword There is a lot of moving parts behind “Drill Baby Drill.” While President Trump’s ambitious goal of cutting consumer energy prices is fantastic, he does not have total control of the global oil markets. How much can his policies impact prices, and what does the […]
Energy News Beat Introduction: Natural Gas and Shifting the Global Political Center of Gravity This is the second article in this series and explains why it is in Putin’s best interest to adopt a “do nothing” strategy and delay any meetings with the Trump administration as long as possible and let the energy prices in […]
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