Author: Erick Parel

India Is Expected To Only Slowly Reduce Its Import Of Russian Oil

Energy News Beat ENB Pub Note: This article is from Andrew Korybko’s Substack and has some interesting points. The US might be disappointed, but India’s oil imports have always been driven by market conditions, and neither American nor Venezuelan oil is likely to replace Russian oil at scale anytime soon. The most scandalous part of […]

OVO Energy is looking shaky – its failure would dwarf that of Bulb

Energy News Beat ENB Pub Note: This article was originally posted on Watt-Logic by Kathryn Porter, and we highly recommend following her. Having written about the somewhat dubious goings on at Octopus Energy recently (still nothing on Companies House about the Kraken de-merger), here is my analysis of the OVO Group, which is in seriously […]

Trump’s Project Vault Gives US Critical Minerals a Boost

Energy News Beat In a bold move to secure America’s supply chains and reduce dependence on foreign powers—particularly China—President Donald Trump announced the launch of Project Vault on February 2, 2026. This ambitious initiative establishes the first-ever U.S. Strategic Critical Minerals Reserve, designed to act as a safeguard for domestic manufacturers against market disruptions and […]

How Does the India-U.S. Trade Deal Impact the Global Oil Markets?

Energy News Beat In a significant development for global energy dynamics, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced a trade agreement on February 2, 2026, aimed at resetting bilateral relations strained by tariffs and oil sourcing disputes. This deal, which reduces U.S. tariffs on Indian goods from 50% to 18%, is […]

Orsted Sells European Onshore Wind Business for $1.7 Billion

Energy News Beat In a significant move within the renewable energy sector, Danish energy giant Orsted has divested its entire European onshore renewables business to Copenhagen Infrastructure Partners (CIP) for €1.44 billion, equivalent to approximately $1.7 billion. This transaction marks the completion of Orsted’s planned divestment program, allowing the company to sharpen its focus on […]

Judge Revives Ørsted NY Offshore Wind Project Halted by Trump

Energy News Beat In a significant setback for the Trump administration’s efforts to curb offshore wind development, U.S. District Judge Royce C. Lamberth ruled on February 2, 2026, to allow construction to resume on Ørsted’s Sunrise Wind project off New York’s Long Island. The decision lifts a federal halt imposed under President Donald Trump, marking […]

Shell Sees LNG Market Growing 3% Per Year

Energy News Beat By Stuart Turley, Energy News Beat As the global energy landscape continues to evolve, liquefied natural gas (LNG) remains a cornerstone of the transition toward cleaner fuels. At the LNG2026 conference in Doha, Qatar, Wael Sawan, CEO of Shell—the world’s leading LNG trader—highlighted the sector’s robust outlook, stating that the global LNG […]

Devon and Coterra to Create Shale Giant in $58-Billion Merger

Energy News Beat In a landmark move shaking up the U.S. shale industry, Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. (NYSE: CTRA) have announced an all-stock merger valued at approximately $58 billion in combined enterprise value. The deal, unveiled on February 2, 2026, aims to forge a premier shale operator with enhanced scale, […]

Energy Security Starts at Home, and the EU and UK Are Waking Up

Energy News Beat The global energy crisis has exposed vulnerabilities in supply chains, driving up prices and underscoring the fragility of overreliance on imports. Energy security, once a secondary concern, is now a cornerstone of national policy, ensuring stable access to affordable resources amid disruptions. Countries are turning inward, ramping up domestic production to shield […]

Liberty Energy Earnings Report for Q4 2025

Energy News Beat Liberty Energy Inc. (NYSE: LBRT), a leading provider of hydraulic fracturing and other oilfield services, reported its financial and operational results for the fourth quarter and full year of 2025 on January 28, 2026. Despite a challenging year marked by oil market volatility and reduced industry activity, the company demonstrated resilience through […]