Category: Energy News Beat

EU state predicts Russia’s ‘reintegration’ into global economy

Energy News Beat Moscow’s reentry into Western energy and security systems will deliver “massive” benefits, Hungarian Prime Minister Viktor Orban has said Russia will be “reintegrated” into the world economy and the European energy system once a peace agreement is reached and the Ukraine conflict ends, Hungary’s Prime Minister Viktor Orban told Kossuth Radio on […]

Trump ejects from the Ukraine joyride, leaving the EU screaming in the backseat

Energy News Beat ENB Pub Note: This article first appeared on RT, and I agree with much of what is said. The EU needs to take a serious look at how this war started, who has been making the decisions, and understand that only President Trump could have stopped it. The EU and NATO have […]

Doubling trade, an energy deal, F-35s and reciprocal tariffs: Key takeaways from the Trump-Modi talks

Energy News Beat   India’s PM is in Washington to discuss domestic concerns about a looming tariff war and the repatriation of migrants Indian Prime Minister Narendra Modi and US President Donald Trump held talks at the White House on Thursday as New Delhi sought to deepen its relationship with Washington while retaining ties with […]

Scholz calls for state of emergency in Germany

Energy News Beat The chancellor has spoken in favor of relaxing the constitutional ‘debt brake’ mechanism to continue supporting Ukraine German Chancellor Olaf Scholz has called on the country’s parliament to declare a state of emergency over the Ukraine conflict. The head of government said he wants the constitutional ‘debt brake’ mechanism relaxed in order […]

EU proposes clampdown on green tech subsidies

Energy News Beat   The European Commission has proposed a clampdown on EU countries’ ability to subsidise clean-tech companies, in a move that is likely to inflame tensions between smaller countries and powerhouses like France and Germany. According to a draft document seen by Euractiv, Brussels wants to halve the generous industrial subsidy limits temporarily […]

Spain’s biggest green hydrogen plant breaks ground

Energy News Beat Construction is officially underway on Spain’s largest green hydrogen plant, a joint venture between bp and Iberdrola. The 25 MW facility in Castellón will slash industrial emissions, create 500 jobs and power key industries with clean hydrogen. The first stage involves preparing a 20,000 m² plot next to bp’s Castellón refinery, major […]

GasLog Partners reports lower profit in Q4

Energy News Beat The company reported a profit of $18 million for the quarter ended December 31, 2024, down 49.6 percent compaed to $35.7 million for the same period in 2023. Revenues were $85.2 million for the quarter under review, down 15.7 percent from $101.1 million for the same period in 2023. GasLog Partners said […]

Report: Egypt to deploy Turkish FSRU

Energy News Beat Kpler said on Thursday, citing unidentified sources, that the most likely candidate is the 170,000-cbm Ertugrul Gazi, owned b Türkiye’s state-owned natural gas and LNG firm, Botas. This unit is serving the Dortyol facility in the southern province of Hatay. However, another possibility is the 180,000-cbm Vasant-1, also owned by Botaş and […]

UAE’s Adnoc, India’s BPCL seal LNG supply deal

Energy News Beat BPCL said on Friday the deal with Adnoc Trading, a unit of Adnoc Gas, is “designed as a medium to long-term agreement, allowing BPCL to broaden its LNG sourcing portfolio and thus ensure competitive and dependable gas supplies to cater to India’s escalating energy needs.” According to BPCL, this is its first […]

Macron backs Trump’s call for Europe to step up on defence

Energy News Beat [[{“value”:” Donald Trump’s insistence that Europe shares more of the burden for its own defence is an opportunity, Emmanuel Macron said on Friday, as France pushes for a Europe-first approach in the EU’s defence industry plans. The French president agrees with his American counterpart’s view that Europe must take more responsibility for […]