Category: Energy News Beat

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 […]

Europe Needs a Complete Strategic Reboot

Energy News Beat ENB Pub Note: Europe will only survive if they can put their countries first. President Trump was mocked for saying that in the past, and it is truer today than it was then. For way too long, the elites have been putting horrible energy and fiscal policies in place and tying loans […]

Tsakos presses on with fleet renewal

Energy News Beat EuropeTankers Nico Thobaben / Marine Traffic Greek owner Tsakos Energy Navigation (TEN) has confirmed market rumours about the sale of one of its oldest suezmax tankers with additional divestment of ageing tonnage potentially on the horizon as part of the company’s fleet renewal programme. The New York-listed company said in its quarterly […]

Nord Stream Uncertainty

Energy News Beat Daily Standup Top Stories TotalEnergies CEO Not Ruling Out Return of Nord Stream Gas Pipelines March 26, 2025 Clark Savage ENB Pub Note: Governments face a choice: follow energy policies that are not sustainable or go for low-cost energy and look to have a growing economy. We are seeing the green energy policies […]

Trump admin considers killing big energy projects in Dem states

Energy News Beat ENB Pub Note: This is an interesting article from Politico. The critical point is that the Department of Energy is not looking to cut any good energy sources. I define good sources of energy as those that offer more energy than it takes to harvest or create. Hydrogen and ethanol take more […]

Europe Should Dust Off Multilateral Nuclear Plans

Energy News Beat ENB Pub note: Energy Security starts at home, and the EU and the UK have tried to use interconnects to use other countries’ electrical generation as their energy security. The same goes for basic national security. Countries need to have a basic understanding of taking care of their own citizens first, and […]

Cheniere ships 4,000th LNG cargo

Energy News Beat According to Cheniere, the milestone cargo was loaded onboard the 2021-built 174,000-cbm LNG carrier, Maran Gas Ithaca, at the Sabine Pass facility in Louisiana. The LNG carrier, owned by Greece’s Maran Gas and chartered by Germany’s Uniper, is heading toward the Dutch Gate LNG terminal in Rotterdam, its AIS data provided by […]

Japan’s Tokyo Gas completes Sodegaura LNG power plant

Energy News Beat Tokyo Gas held a ceremony on Thursday to mark the completion of the plant. According to Tokyo Gas, the plant consists of ten gas engines, each with a capacity of about 9,780 kW for a total of 97,800 kW. The firm said the plant is capable of flexible power output adjustment by […]