Author: Erick Parel

Study Blames Oil Companies For Trillions In Damages To Bolster Climate Lawsuits

Energy News Beat ENB Pub Note: The only winners in this Lawfare are the attorneys and the consumers, “who will get it in the drive-through”, to use the Joe Pesci phrase from Lethal Weapon.  Dartmouth study claims fossil fuels caused $28T in damages; supporters and critics say attribution science only serves climate lawsuit agendas. ​A […]

What Caused the MASSIVE Spain Blackout?!

Energy News Beat Daily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control it within your own borders, you can not control it outside of your borders, and […] US Urges […]

Hyundai E and C, Itochu ink LNG pact

Energy News Beat South Korea’s Hyundai Engineering & Construction and Japan’s trader Itochu have signed a memorandum of understanding to collaborate in several areas, including LNG. On April 22, Hyundai E&C signed the MoU with Itochu to strengthen business ties and explore business opportunities, the firm said in a statement. The agreement represents a tripartite […]

Saipem wins $590m deal for work on Eni’s UK CCS project

Energy News Beat ENB Pub Note: Net Zero is an energy policy tool promoted by the left, and the UK has spent billions on this initiative to control the population and the electrical system. Examining the grid failures in Spain, Portugal, and France is crucial, as the grid cannot withstand the physics and fiscal implications […]

LS Marine Solution gets cabling deal on Taiwanese offshore wind farm

Energy News Beat ENB Pub Note:  Taiwan is a 98% importer of energy and should be a concern for energy security. It seems that offshore wind here may be needed at a small scale, but should not be counted on, as it would be the first target for sabotage. Taiwan’s electricity generation mix in 2022 […]

SITC firms up Huanghai boxship series

Energy News Beat SITC Chinese boxship player SITC International Holdings has exercised options at Huanghai Shipbuilding for two additional 1,800 teu vessels. The Hong Kong-listed shipowner is paying nearly $58m to lift the series at the compatriot yard to 10, with deliveries for the latest pair scheduled by March and May of 2028. SITC signed […]

Fredriksen, Ofer, Wilhelmsen launch bid to take Edda Wind private

Energy News Beat Jeff Gilbert/Alamy A trio of companies consisting of John Fredriksen’s Geveran Trading, Idan Ofer’s EPS Ventures, and Wilhelmsen New Energy have made an unconditional mandatory cash offer to buy all outstanding shares in offshore wind support vessel pureplay Edda Wind. The offer will be made by a newly established company jointly owned […]

U.S. natural gas inventories in underground storage ended winter at a three-year low

Energy News Beat Data source: U.S. Energy Information Administration, Natural Gas Monthly and Weekly Natural Gas Storage Report Note: We estimated end-of-month values for February and March from the Weekly Natural Gas Storage Report. After a relatively warm start to the 2024–25 winter heating season (November–March), colder-than-normal temperatures across much of the United States in January and February resulted in increased […]

Lawfare In Energy – Energy Realities Podcast w/ Special Guest David Zaruk

Energy News Beat Lawfare In Energy – Energy Realities Podcast w/ Special Guest David Zaruk How much do you think the Climate Activists cost you personally? Is it just when they block a road, or is it when they raise oil, gas, and electricity prices? We have the international team from Bulgaria, Texas, the UK, […]

How Gold Imports Blew up Atlanta Fed GDPNow: The Old Model is Dead, Long Live the “New GDPNow Model” Starting Apr 30

Energy News Beat The Atlanta Fed’s GDPNow could be all over the place, but nothing compares to how gold imports blew it up this time. By Wolf Richter for WOLF STREET. The U.S. Bureau of Economic Analysis (BEA) will release its first estimate of GDP for Q1 on April 30. The Atlanta Fed designed and maintains a model […]