Category: Energy News Beat

Wallenius Wilhelmsen wins $100m deal in Australia

Energy News Beat EuropeOperations Swedish Australian Chamber of Commerce Swedish Australian Chamber of Commerce Wallenius Wilhelmsen has clinched a major logistics contract in Australia with a leading automotive manufacturer, expected to bring in revenues of more than $100m. The Oslo-listed roro and logistics group will provide vehicle processing services across Melbourne, Brisbane and Perth under […]

DOF bags Equinor PSV extensions

Energy News Beat EuropeOffshore DOF DOF Norwegian offshore vessel owner DOF has landed contract extensions with Equinor for two of its long-serving platform supply vessels. The state-backed energy major has exercised options to keep the 2009-built Skandi Flora and the 2008-built Skandi Mongstad on charter for another year, with the new firm period starting in […]

China’s SCO Meeting and the Power of Siberia 2 Pipeline

Energy News Beat China’s SCO Meeting and the Power of Siberia 2 Pipeline You won’t want to miss this wild discussion of the Shanghai Cooperation Organisation (SCO) summit, and the natural gas pipeline deal between China and Russia, just approved. The Power of Siberia 2 pipeline is set to reshape global energy markets, with President […]

Peak Oil Production? Oil Majors’ Exploration Capital Tumbled Since 2013

Energy News Beat In the ever-evolving landscape of global energy, one trend stands out: the sharp decline in exploration capital expenditures (capex) by oil majors since the peak years around 2013. This pullback raises critical questions about future oil production capacity, especially as natural decline rates in existing fields demand massive investments to maintain supply. […]

China Continues to Stockpile Crude Oil Through 2026

Energy News Beat As global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world’s largest oil importer will continue its aggressive stockpiling strategy, building strategic petroleum reserves (SPR) at a multi-year high pace. This move not only secures China’s energy […]

The glut games – Irina Slav

Energy News Beat ENB Pub Note: This article from Irina Slav’s Substack is on point on the oil glut in the news. We recommend following her on her Substack. As we say in Texas, the math ain’t mathing. First, looking at OPEC+’s additional increases, if they can actually produce them as well as the simple […]

Recycled Nuclear Fuel Coming to a Plant Near You Soon

Energy News Beat Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak […]

Why is China Pouring Billions into Brazil’s Energy and Oil

Energy News Beat In 2024, Chinese investments in Brazil surged to $4.18 billion across 39 projects, marking a 113% increase from the previous year and positioning Brazil as the top emerging market for Chinese capital. This influx, heavily concentrated in the energy and oil sectors, reflects Beijing’s strategic push to secure resources amid global energy […]

The Energy Monster AI Is Creating

Energy News Beat The significant and growing energy demands of artificial intelligence are prompting a rapid expansion of energy production, often involving fossil fuel plants. This rush to increase energy capacity, including the reactivation of old coal plants, raises concerns about AI’s potential to undermine global decarbonization efforts. Major tech companies like Google are experiencing […]

Treasury Secretary Bessent Says Fed ‘Must Change Course,’ Demands an Entire Review

Energy News Beat In a bold op-ed published in the Wall Street Journal, U.S. Treasury Secretary Scott Bessent has issued a scathing critique of the Federal Reserve, calling for a sweeping overhaul of the central bank’s operations. Bessent, a key figure in the Trump administration’s economic team, argued that the Fed’s recent policies have fueled […]