Author: Erick Parel

Alaskan Tribes ‘Applaud’ Interior’s Move To Restore Oil And Gas Leasing

Energy News Beat ENB Pub Note: Alaska is very dear to my heart with all of my trips to Alaska and my Grandfather being attributed for being a major discovering geologist of the North Slope formations, it is great to see the Alaskan natives in positive support of the drilling programs. Oil and gas mean […]

Maine’s Climate Lawfare Heats Up: New Bill Seeks To End AG’s Anti-Fossil-Fuel Lawsuit

Energy News Beat A new Maine bill aims to end AG Frey’s climate lawsuit against big oil, prioritizing the state’s well-being over politically driven battles. ​The battle over climate lawfare in Maine is heating up. State Representative William Tuell (R-East Machias) introduced LD 635 last month, a bill designed to put an end to Attorney […]

Supreme Court Rejects Appeal In Youth-Led Climate Lawsuit

Energy News Beat After multiple appeals, the Supreme Court declined to hear a youth-led lawsuit claiming the U.S. government worsened climate change. ​ The U.S. Supreme Court on March 24 declined to hear an appeal in a [2015] lawsuit led by minors that alleged the U.S. government has unconstitutionally deprived the children of rights to […]

Petronas to supply LNG to PetroVietnam Gas

Energy News Beat PV Gas said in a statement on Thursday that the two firms have signed an agreement for the supply of LNG for delivery in early April. The deal is worth about 1,000 billion Vietnamese dong ($39.1 million), according to PV Gas. This deal marks the beginning of LNG supply cooperation between the […]

Glenfarne becomes majority owner of Alaska LNG

Energy News Beat In January this year, Glenfarne confirmed it had entered into an exclusive agreement with AGDC for the development of the Alaska LNG project, including the Alaska export facility, pipeline, and a carbon capture facility, AGDC and Glenfarne executed a letter of intent in June 2024 and an exclusive term sheet in December […]

Gas deliveries to US LNG export terminals flat

Energy News Beat EIA said, citing data from S&P Global Commodity Insights, that average natural gas deliveries to US LNG export terminals were essentially unchanged this week at 16.4 Bcf/d. Natural gas deliveries to terminals in South Louisiana increased 2.3 percent (0.3 Bcf/d) to 11 Bcf/d, and natural gas deliveries to terminals in South Texas […]

Lawsuit and petitions filed against three US offshore wind projects

Energy News Beat US offshore wind projects are facing even more headwinds as the town of Nantucket and activist groups are challenging three offshore wind projects off the Massachusetts coast. Town officials filed an appeal in the US District Court for the District of Columbia, challenging the decision by the Bureau of Ocean Energy Management […]

In the South & West, Pending Sales of Existing Homes Mark Worst February in the Data, as Inventories in Florida, Texas, California Surge

Energy News Beat Frozen sales meet ballooning inventories. By Wolf Richter for WOLF STREET. Pending home sales are a forward-looking indicator of “closed sales” of existing homes to be reported over the next couple of months. From the National Association of Realtors today, seasonally adjusted: In the West, pending home sales dropped further, marking the worst February in […]

Global Rare Earth Market Poised for Transformation

Energy News Beat A Chinese research institute predicts China’s share of rare earth materials could significantly decrease by 2035 due to new mines and emerging sources globally. The United States is actively seeking alternatives to China’s rare earth supply, including exploring domestic deposits and building alliances with other refining networks. New discoveries in Africa, Brazil, […]

BP Approves Major Trinidad and Tobago Natural Gas Project

Energy News Beat BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In a strategy reset last month, BP said it is increasing its investment in upstream oil and gas to $10 […]