Category: Energy News Beat

Finland’s Gasum inks e-methane deal

Energy News Beat Finnish state-owned energy firm Gasum will buy e-methane from Nordic Ren-Gas to supply it to its customers in the heavy-duty road transport sector and the maritime industry. Gasum and Nordic Ren-Gas have signed a long-term sales and purchase agreement whereby Gasum will buy all of the e-methane produced by Nordic Ren-Gas at […]

Stena orders another LNG-fueled ferry in China

Energy News Beat Image: Stena RoRo Sweden’s Stena RoRo has ordered another LNG-powered ferry from China Merchants Jinling Shipyard in Weihai. The RoPax-class E-Flexer vessel will be delivered in the first quarter of 2026 to France’s Corsica Linea and will operate between Marseille and Corsica. This is Stena RoRo’s thirteenth vessel in the E-Flexer series […]

Peru LNG’s 2023 exports rise

Energy News Beat Peru LNG, the operator of the 4.4 mtpa LNG plant at Pampa Melchorita, has increased its exports last year compared to the year before, and it also expects to boost the number of shipments in 2024. US-based Hunt Oil holds a 50 percent operating stake in the Pampa Melchorita LNG plant, while […]

Taiwan war would cut global GDP by 10% – Bloomberg

Energy News Beat A US-China clash over the self-ruled island would cost the world some $10trn, the business news outlet estimates If the US and China were to have a military showdown over the island of Taiwan, the global GDP would plummet 10.2% in one year, or roughly $10 trillion, Bloomberg’s modeling predicts. The business […]

Daily Energy Standup Episode #282 – Oil Demand Predictions, CBDC Support, BP Takeover Talks, BRICs Expansion, and More

Energy News Beat Daily Standup Top Stories Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 January 8, 2024 Mariel Alumit Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand […]

ENERGY TRANSITION EPISODE 93 -Filmed Live On YouTube on January 8, 2024

Energy News Beat ENERGY TRANSITION EPISODE #93 – GREEN SUBSIDIES Highlights of the podcast: 01:25 – The Financial Times 02:21 – The science was settled on climate change 04:05 – The price is a decline in industrial output in industrial activity 05:42 – The attack is on all cars. 07:14 – 8000 projects trying to […]

BRICS Expands Footprint In The Global South

Energy News Beat Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc’s footprint in the Global South and growing its economic and political clout on the world stage, establishing a real counterweight to the Western-dominated G7. In August, the […]

Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025

Energy News Beat Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 will remain above the longer-term average.  The analysts have predicted that global monthly demand will move above […]

Daily Energy Standup Episode #280 – Energy Buzz: Mergers, Mandates, and Market Dynamics

Energy News Beat Daily Standup Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits […]

These Were The Top 5 Oil Producers Of 2023

Energy News Beat Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers. In September, U.S. oil output surged to a record high for any month in history, and forecasts are that production will continue […]