Category: Energy News Beat

Will raising fuel and power bills make Malaysians go solar?

Energy News Beat This year saw an increase in natural disasters the world over, from floods in Libya and New York and deadly wildfires in Hawaii and Greece – all very real effects of climate change. Globally, there have been twice as many days where temperatures exceed 50 degrees Celsius (122 degrees Fahrenheit) than 30 […]

Spain’s Balearia buys LNG-powered ferry

Energy News Beat Spanish ferry operator Balearia has purchased the LNG dual-fuel ferry, Rusadir. Balearia said in a statement that the ferry has been chartered since March this year and it operates on the Malaga-Melilla route. The firm did not say from whom it bought the ferry and at what price. According to Norway’s Fosen, […]

Daily Energy Standup Episode #277 – Energizing 2023: A Year-End Overview of Global Energy Trends, Challenges, and Resilience

Energy News Beat The U.S. Has Billions for Wind and Solar Projects. Good Luck Plugging Them In. (NYT) February 24, 2023 Mariel Alumit Plans to install 3,000 acres of solar panels in Kentucky and Virginia are delayed for years. Wind farms in Minnesota and North Dakota have been abruptly canceled. And programs to encourage Massachusetts and […]

Iran-Backed Forces Widen Their Attacks on Commercial Shipping

Energy News Beat ENB Pub Note: Excellent information from the WSJ. Please look at all sources from other countries for validation, as some allegedly claim that the US may be overstating damages. Let us know of any errors.  Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as […]

Iran dismisses US accusations of tanker attack off India

Energy News Beat News|Houthis Iran’s Ministry of Foreign Affairs has dismissed accusations of the United States that Tehran struck a chemical tanker in the Indian Ocean, as tension rises globally over threats to maritime shipping. A spokesperson for the ministry dismissed the accusation out of hand at a news conference on Monday. He asserted that […]

Global Oil Production and Pending Oil Company Mergers

Energy News Beat IER . Commentary Contact The Expert Key Takeaways Exxon has proposed buying Pioneer Natural Resources and Chevron has proposed buying Hess. If the mergers succeed, Exxon and Hess will represent about 4.2 percent of the world oil market. Some Senate Democrats have asked the Federal Trade Commission to probe the deals for […]

Capital Product Partners completes $3.1 billion LNG carrier deal

Energy News Beat New York-listed Capital Product Partners has completed the previously announced umbrella agreement to buy 11 LNG carriers from its sponsor Capital Maritime & Trading Corp for a total acquisition price of $3.13 billion. Last month, CPLP entered into the deal with Evangelos Marinakis-led Capital Maritime and its general partner Capital GP. Besides […]

Cheniere’s Corpus Christi LNG expansion project almost 50 percent complete

Energy News Beat US LNG exporting giant Cheniere and compatriot Bechtel are moving forward with the construction work on the expansion phase at the Corpus Christi LNG export plant in Texas. Cheniere’s Corpus Christi liquefaction plant now consists of three operational trains with each having a capacity of about 5 mtpa. In June last year, […]

Russian oil deliveries to India prevented ‘havoc’ on global market – ministry

Energy News Beat New Delhi has been boosting energy purchases from Moscow despite Western pressure to shun sanctioned crude Indian officials believe that global crude oil prices would have skyrocketed if they had not ramped up imports from Russia in the wake of Western sanctions, local media reported on Monday, citing the country’s Petroleum and […]

African officials attend e-government workshop in Moscow

Energy News Beat Ministers and advisers from more than 20 African countries took part in the event A week-long workshop in Moscow dedicated to improving the digital skills of civil servants in African countries concluded on Friday. In total, 44 officials from 23 African countries participated in the event. Called ‘Winter Knowledge Sharing Week’, the […]