Energy News Beat Trump’s Treasury nominee Scott Bessent dismantled the Democrats’ talking points against fossil fuels, noting China was in an ‘energy race’ and winning. ​ A confirmation hearing exchange between Sen. Ron Wyden (D-OR) and Treasury Secretary Nominee Scott Bessent is highlighting a sharp contrast between Democratic and Republican energy policy. [emphasis, links added] […]
Energy News Beat Chris Wright, Trump’s energy pick, faced questions on climate change, wildfires, and Biden’s green agenda, amid protests and partisan tensions. ​ Lawmakers questioned President-elect Trump’s energy secretary on climate change, the Los Angeles wildfires, and the Biden administration’s green energy agenda during his nomination hearing, which saw disruptions from several climate protesters. […]
Energy News Beat  Reviving a Soviet-era project, the Ukrainian parliament has authorised the purchase of two Russian nuclear reactors from Bulgaria. On Thursday, the energy committee of the Ukrainian parliament voted in favour of a law which ostensibly aims to improve the business environment in the country – but which also contained a last-minute […]
Energy News Beat Localization of production is expected to allow Chinese EV makers to avoid EU import tariffs Chinese officials and car manufacturers could buy German factories that are expected to shut down, and are particularly interested in plants belonging to Volkswagen, according to a source with knowledge of Beijing’s assessment of the situation, as […]
Energy News Beat  Following the recent alleged attempt by the Ukrainian special services to attack the TurkStream pipeline in Russia, Bulgaria has taken measures to secure Balkan Stream, a continuation of the same pipeline that delivers gas to customers in Europe. Bulgaria has stepped up surveillance and security at sites of its critical energy […]
Energy News Beat  NUUK, Greenland – US President-elect Donald Trump did not withdraw his previous threat of targeted tariffs on Danish goods in a phone call with Prime Minister Mette Frederiksen, as his desire for control of Greenland shows no sign of abating. The 45-minute conversation between Trump and Frederiksen on Wednesday was focused […]
Energy News Beat ​ The following commentary was written by Larry Glover, a Maryland-based energy marketing & communications subject matter expert and community engagement specialist. See our commentary guidelines for more information. We just lived through the hottest summer in recorded human history. From coast to coast, the United States set heat records, the brunt of […]
Energy News Beat Oil Price U.S. crude oil production hit an all-time high in August, according to new data published by the Energy Information Administration on Tuesday, with production surpassing pre-covid levels. U.S. field production of crude oil reached 404.6 million barrels during the month of August, new EIA data shows, for an average of 13.05 […]
Energy News Beat Oil Price Strong U.S. fuel demand helped Marathon Petroleum (NYSE: MPC) easily beat analyst estimates after reporting on Tuesday an adjusted net income of $3.2 billion for the third quarter of 2023. Adjusted earnings per share came in at $8.14, above the analyst consensus estimate of $7.75 compiled by The Wall Street Journal. Source: Reuters In […]
