Author: Erick Parel

How Wind And Solar Sent Energy Prices Sky-High in ‘Green’ Countries

Energy News Beat ENB Pub Note: This article from the NY Post has some interesting cost formulas. While I have said that the more money invested in “renewable” wind, solar, and hydrogen will result in more fossil fuels being used. One of the guests on the Energy News Beat podcast called that “Turley’s Law.” This […]

Green Energy Suicide: The West Pays The Price For Its Net-Zero Delusions

Energy News Beat ENB Pub Note: This article from Paul Driessen is excellent and covers much of what we discuss on the podcast Energy Realities or Conversations in Energy with Stu Turley. I will reach out to him and get him scheduled on the podcast soon. Net Zero and Green energy policies are a path […]

DET: second Wilhelmshaven FSRU to get commissioning cargo in coming weeks

Energy News Beat Excelerate’s 138,000-cbm FSRU Excelsior recently docked at a new jetty, two kilometers south of the already operational Wilhelmshaven 1 terminal, to start serving the second FSRU-based terminal. “After the arrival of the FSRU, we started the commissioning process,” a DET spokesman told LNG Prime. “We expect the first commissioning cargo in the […]

US LNG exports drop to 27 cargoes

Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 115 Bcf. This compares to 30 shipments and 115 Bcf in the week ending April 30. According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals […]

Energy Transfer’s Lake Charles LNG secures FERC extension

Energy News Beat In May 2022, FERC granted Lake Charles LNG and the accompanying pipeline the extension of the deadline to complete construction and make the project available for service until December 2028. Last month, Lake Charles LNG and Trunkline requested a three-year extension of time until December 31, 2031, in order to reach a final […]

China’s gas imports continue to drop

Energy News Beat The data from the General Administration of Customs shows that natural gas imports reached 9.66 million tonnes in April. This compares to 10.29 million tonnes in April 2024. The country paid about $4.2 billion for gas imports last month. China’s gas imports reached 38.99 million tonnes in the first four months of this year, […]

Germany, Egypt seal FSRU charter deal

Energy News Beat A BMWK spokeswoman confirmed the signing of the charter agreement to LNG Prime in an emailed statement on Friday. “The FSRU Energos Power has now been sub-chartered to Egypt – the BMWK has successfully signed a contract with the Egyptian Natural Gas Holding Company (EGAS) for the sub-chartering of the ship,” the […]

UK readies sanctions on another 100 Russian-linked tankers

Energy News Beat ENB Pub Note: Sanctions don’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won’t stop the oil trade. It will be the secondary sanctions that the U.S. would put in place […]

MOL buys stake in Taiwanese offshore wind farm

Energy News Beat CIP Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL enters Fengmiao I as co-owner alongside CIP’s fifth flagship fund, CI V. Fengmiao I is CIP’s […]

Petrobras plans to decommission 68 platforms and reuse three FPSOs

Energy News Beat AmericasOffshore Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two this year and a total of ten by 2029. The remaining 58 will be removed after […]