Author: Erick Parel

California’s New Oil Drilling Permits Drop From Thousands to Dozens per Year

Energy News Beat ENB Pub Note: I am interviewing Mike Umbro and Ronald Stein on this huge California issue tomorrow, and it will be released within a week. California is now considered a national security risk due to Governor Newsom’s energy policies.  BAKERSFIELD, Calif.—As the whir of pumpjacks break the silence at the Poso Creek […]

US Urges Eastern Europe to Split From EU Energy Transition Aims

Energy News Beat ENB Pub Note: Net Zero and the Green New Deal spending have been disastrous for energy prices and the ecological impact on the globe.  Net-zero spending typically includes investments in renewable energy, energy efficiency, clean transport (e.g., electric vehicles), green hydrogen, carbon capture and storage (CCS), and nature-based solutions like reforestation. It […]

Big Oil Could Trim Buybacks After Price Rout – But Oil and Gas is still a good investment

Energy News Beat ENB Pub Note: This article by Charles Kennedy for Oilprice.com makes some excellent points. I still feel that energy, Utility, critical minerals, oil, and gas are still good investments. There are some great deals available, and I have conducted several insightful interviews with CEOs discussing the benefits of investing in energy commodities. […]

Spain and Portugal Hit by Widespread Blackout

Energy News Beat 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 the Grid is a lot more sensitive to the intermittent wind and solar. Unless this is a […]

Shocker! UK Love Clean EnergyShocker! UK Love Clean Energy

Energy News Beat Daily Standup Top Stories UK Looks To Woo Investors Impacted by Trump Tariffs April 27, 2025 Clark Savage The UK government is implementing new policies and funding initiatives to attract international investment in green energy projects, aiming to position the country as a global leader in renewable energy. Following policy changes in the […] […]

South Korea’s Komipo, partners launch tender for one spot LNG cargo

Energy News Beat Komipo, Kospo, and Prism Energy International seek 3-3.6 trillion British thermal units (TBtu) of LNG on a delivered ex-ship (DES) basis. Moreover, the volumes will be delivered to a Kogas-operated LNG import terminal in South Korea on June 12 or June 23, according to a tender document published by Komipo. The LNG […]

Snam wraps up Ravenna FSRU commissioning

Energy News Beat On Monday, the Italian energy firm announced that the 2015-built 170,000-cbm FSRU BW Singapore, moored 8.5 kilometres offshore Ravenna, had completed commissioning within the scheduled time. “Upon receiving the final authorizations from the competent authorities, the regasification activity will begin during the month of May, with the capacity being made available through […]

Japan’s Hokuriku Electric kicks off preliminary work on Toyama LNG unit

Energy News Beat In a statement on Monday, Hokuriku Electric announced the start of preliminary work on the LNG-fired Unit 2, a “highly-efficient” gas turbine combined cycle power generation facility. The unit will have a capacity of 600 MW. In addition, the utility said it has also started the environmental impact assessment process for the […]

Cheniere’s Corpus Christi expansion project 82.5 percent complete

Energy News Beat Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5 mtpa. In June 2022, Cheniere made the final investment decision on the Corpus Christi Stage 3 expansion project, worth about $8 billion, while compatriot Bechtel officially started construction on the project in October of the same year. The […]

Cairn hires EMGS for 3D survey off India

Energy News Beat Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has been hired by India’s Cairn Oil & Gas to conduct a 3D controlled source electromagnetic survey for its exploration campaign in the deepwater Krishna-Godavari block on India’s east coast. Cairn will be one of the first companies in India to utilise 3D CSEM survey […]