Author: Erick Parel

SBI Leasing inks leasing deal for TMS LNG carrier

Energy News Beat The LNG carrier in question is the 174,000-cbm Athos LNG. SBI Leasing announced the deal with LNG Ships in a statement on Friday. However, the firm did not provide further details regarding the leasing agreement. Economou’s TMS Cardiff Gas took delivery of this LNG carrier in September last year. It is the […]

Trump ridicules Denmark’s military

Energy News Beat Copenhagen has announced plans to boost its military presence on the island, while reminding Washington “how good an ally” the country is Denmark is not capable of adequately protecting its strategically important territory of Greenland, US President Donald Trump has claimed. Speaking to reporters on board Air Force One on Saturday, Trump appeared to ridicule […]

US army needs huge shakeup – Vance

Energy News Beat The vice president has called for “big change” in the Pentagon, citing systemic cost overruns and recruitment issues The US has failed to win a single war in several generations despite spending staggering sums of money on its army, Vice President J.D. Vance has said, calling for a major military overhaul. In […]

Russia releases file on Polish-born Auschwitz Nazi collaborator

Energy News Beat   The publication of archive files coincides with the anniversary of the liberation of the death camp by Soviet troops Russia’s Federal Security Service (FSB) has released declassified documents describing the involvement of a Polish Nazi collaborator in the mass executions at Auschwitz. The disclosure coincided with the 80th anniversary of the […]

France’s far-right asks EPP to end the Green Deal together

Energy News Beat   The President of France’s Rassemblement National, Jordan Bardella, will send a letter to the President of the European People’s Party, Manfred Weber, asking to join forces to end the Green Deal. Bardella, chairman of the Patriots for Europe (PfE) group at the European Parliament, will “suggest that we mutualise forces and […]

Nasdaq futures tumble on Chinese AI fears 

Energy News Beat The tech sector has plunged after China released a free ChatGPT rival operating on cheaper and less advanced chips Chinese AI startup DeepSeek sent shockwaves through global tech stocks on Monday, causing Nasdaq futures in Japan to dip more than 3%, sparking concerns among market players about US technological dominance. Nasdaq 100 […]

Trump Revives Coal Industry

Energy News Beat Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s policies […]

Trump Seizes Wartime Powers in Battle for More Fossil Fuels

Energy News Beat Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and little-known authorities to fast track pipelines, expand power grids and save struggling coal plants. By invoking the […]

Europe doesn’t need US gas, but might buy it anyway

Energy News Beat Donald Trump wants EU countries to buy more US-shipped gas. There are reasons for Europeans to consider taking the bait, but each comes at a price. At first glance, US supply and European demand for liquified natural gas seem like a match made in heaven. “We still get a lot of LNG […]

Germans would rather shiver than pay more for heat

Energy News Beat   BERLIN – Despite a stabilisation of oil and gas prices in the wake of Russia’s full-bore invasion of Ukraine, Germans remain hesitant to turn up their heating. The energy crisis persists in their minds, a new report finds, and on the political agenda. It’s been almost three years since government officials […]