Energy News Beat In a strategic move that underscores Saudi Aramco’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by BlackRock’s Global Infrastructure Partners (GIP). This deal, announced on August 14, 2025, involves the Jafurah gas processing […]
Energy News Beat ENB Pub Note: This article from Irina Slav on Oilprice.com is spot on. She has an absolutely unique view on energy, and is spot on. We will be covering this on the podcast later. Many oil price forecasts, particularly those from the International Energy Agency and net-zero organizations, consistently predict a glut […]
Energy News Beat ENB Pub Note: This article is from Doug Seridan on LinkedIn, and he again hits it out of the park. There is no way the EU, the UK, and Canada can achieve Net Zero by 2050, as they will be bankrupt by 2028. Doug offers some great suggestions, and let’s see if […]
Energy News Beat In a dramatic turn of events that has sent shockwaves through financial markets, President Donald Trump has fired Federal Reserve Governor Lisa Cook for cause, citing allegations of deceitful conduct related to mortgage loans. This unprecedented move comes amid growing speculation about impending interest rate cuts, as signaled by Fed Chair Jerome […]
Energy News Beat Nigerian state-owned NNPC has a 49 percent stake in NLNG, UK-based Shell holds 25.6 percent, France’s TotalEnergies has 15 percent, and Italy’s Eni owns 10.4 percent. The Bonny Island liquefaction plant currently has six trains and a capacity of 22 mtpa, but NLNG is also adding the seventh production unit. The NLNG Train […]
Energy News Beat Despite the market headwind, MISC’s gas assets and solutions sub-segment “remained committed to improve operational efficiency and cost containment for existing steam vessels and strengthening its fleet rejuvenation strategy through the deployment of new, modern, eco-efficient LNG and ethane carriers.” MISC said in its quarterly results report that the segment is also […]
Energy News Beat Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), August 2025 Data values: U.S. Natural Gas Supply, Consumption, and Inventories We forecast natural gas consumption in the United States will increase 1% to set a record of 91.4 billion cubic feet per day (Bcf/d) in 2025. In our latest Short-Term Energy Outlook, we expect natural gas consumption to […]
Energy News Beat Nuclear and Financing – With Paul Tice The world is in an energy-hungry stage, and we need nuclear, but how will nuclear be financed? The Energy Realities team, led by Author Paul Tice, has a comprehensive report on nuclear financing. In this episode, we dive into how new models could fund large-scale […]
Energy News Beat Motorists in the Midwest are feeling the pinch at the pump as gasoline prices have surged by an average of 27 cents per gallon in recent days, largely due to an unexpected outage at BP’s Whiting refinery in Indiana. This disruption comes at a particularly inopportune time, just ahead of the Labor […]
Energy News Beat In the heart of America’s energy landscape, the Permian Basin continues to drive record levels of natural gas production, often as a byproduct of oil extraction. However, with growing demand for natural gas in Texas—fueled by surging electricity needs and expanding liquefied natural gas (LNG) exports—a new infrastructure project is stepping up […]
