Category: Energy News Beat

Reuters claims OPEC facing significant market share loss

Energy News Beat Oil Price OPEC could potentially face further loss of market share in early 2024 following the recent departure of  Angola, weakening demand and rising output by non-OPEC producers, Reuters claims, based on its own calculations. Source: Reuters Reuters reports that OPEC’s production is set to slip below 27 million barrels per day […]

EU aspirant admits it could import more Russian gas

Energy News Beat Gazprom may once again become the only gas supplier to Moldova if the latter can secure a better price from the Russian energy giant than it can on supplies from the EU, Moldovan Energy Minister Victor Parlicov said on Friday in an interview with Publika TV. The minister also said that the […]

Russia and Iran step up de-dollarization drive with pact to shun the greenback in bilateral trade, report says

Energy News Beat Russia and Iran have reportedly agreed to avoid the dollar in bilateral trade and use their own currencies instead. The move is seen as part of the de-dollarization trend among nations to shift away from using the greenback in trade and investment. Russia and Iran, both facing US economic sanctions, have been […]

Ellipsis U.S. Onshore acquires oil, gas assets in U.S. Permian, DJ, Salt basins

Energy News Beat (WO) – Ellipsis U.S. Onshore Holdings LLC has acquired additional assets located in multiple basins onshore the U.S. Ellipsis acquired non-operated oil and gas assets with current production of more than 6,000 boed (2-stream) and significant operational upside associated with approximately 550 gross remaining locations. The assets are in the Permian basin […]

More than 20 states challenging FHWA’s new emission rule

Energy News Beat A coalition of state attorneys general has filed a lawsuit against the Biden administration’s emission performance measures for state Departments of Transportation and metropolitan planning organizations. On Dec. 21, attorneys general for 21 states filed a federal lawsuit against the Federal Highway Administration, FHWA Administrator Shailen Bhatt, the U.S. Department of Transportation, […]

ENB #170 Irina Slav, – How can one brilliant woman make energy hypocriscy, historic geopolitical disasters and impending doom funny?

Energy News Beat I am absolutely having a blast interviewing global energy, political, and thought leaders on my podcast. But one of my favorite friends and thought leaders is Irina Slav. Her Substack (https://irinaslav.substack.com/) is a mandatory subscription for any human person. And on her substack, she reads the article, and I can get my […]

Transparent Waters: Why a Russian LNG “Shadow Fleet” is Improbable

Energy News Beat The recent Bloomberg documentary “The Shadow Fleet Fueling Russia’s War” shed light on the armada of aging tankers circumventing sanctions to keep Russian oil flowing. With Novatek’s Arctic LNG 2 achieving its first dropon the 21st of December, a recurring question lately among some of my connections has been: could Russia replicate […]

ENB #169 Anne Bradbury, CEO, American Exploration and Production Council stops by to cover COP28, LNG and even Bill Gates

Energy News Beat Do you feel your energy bills are increasing, and no one cares? Well, Anne Bradbury, the CEO of the American Exploration and Production Council, stopped by, and we cover some of the most important energy topics in the US. A little inside baseball: – Anne and I have over 99 connections on […]

Elon Musk’s X loses court bid to block California content moderation law

Energy News Beat News|Social Media Elon Musk’s X has lost a bid to block a California law that forces social media companies to publicly reveal how they carry out content moderation on their platforms. X sued the state of California in September, arguing that the first-of-its-kind legislation violates the United States Constitution’s protections of freedom […]

EU states knowingly ‘de-industrializing’ – Gazprom

Energy News Beat Manufacturing is doomed due to the first-ever artificial destruction of natural gas trade, CEO Aleksey Miller says The EU is intentionally destroying demand for natural gas, Gazprom CEO Aleksey Miller stated at a company meeting to discuss the year’s preliminary results. “We are well aware of the situation in Europe, where they […]