Category: Energy News Beat

Spot LNG shipping rates slightly up this week

Energy News Beat “Global LNG freight rates increased marginally this week, with Spark30S (Atlantic) pricing in at $36,500 per day and Spark25S (Pacific) at $35,000 per day,” Spark’s commercial analyst, Max Glen-Doepel, told LNG Prime on Friday. Last week, Spark30S (Atlantic) rates were at $36,000 per day and Spark25S (Pacific) at $33,250 per day. In Europe, […]

Glenfarne gets more time to build Texas LNG terminal

Energy News Beat “Texas LNG is granted a five-year extension of time, to November 22, 2029, to construct and make available for service the Texas LNG project,” FERC said in its order dated August 21. The Commission affirmed its earlier determinations that the Texas LNG project is “not inconsistent with the public interest.” “Texas LNG […]

Is Gavin Newsom the Next CEO of Chevron? – ENB Weekly Recap

Energy News Beat Weekly Daily Standup Top Stories Solar Shares Rise as Trump Hit to Credits Softer Than Feared August 17, 2025 Clark Savage In a surprising turn for the renewable energy sector, solar stocks have surged following the Trump administration’s latest guidance on tax credits for wind and solar projects. Released on August 15, 2025, […]

US Rig Count Falls as Drillers Play it Safe

Energy News Beat The U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States dropped by one […]

Trump DOE Extends Lifeline for Michigan’s J.H. Campbell Coal Plant Amid Ongoing Energy Emergency

Energy News Beat In a decisive move to prioritize grid reliability, the Trump administration’s Department of Energy (DOE) has issued a second emergency order extending the operation of the J.H. Campbell coal-fired power plant in West Olive, Michigan, until November 19, 2025. This extension, announced on August 21, 2025, comes just as the plant was […]

Narrative in free fall

Energy News Beat ENB Pub Note: This is a fantastic article from Irina Slav’s Substack, and we recommend you subscribe and support her channel! She is spot on, and the United States has a plan and a path for Energy Dominance that is the envy of the world energy markets. We will be covering this […]

Powering the Future: How AI, Natural Gas, and Midstream Innovation Are Shaping America’s Energy Landscape

Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Adam Hirschfeld, SVP of Workrise, to discuss the evolving landscape of the oil and gas industry. They dive into the impact of AI on energy demand, the challenges of permitting reforms, and the future of natural gas, […]

Suezmaxes cash in on Kazakh export disruption

Energy News Beat AsiaTankers Nereus Shipping Suezmax spot rates are surging as Kazakhstan runs into mounting difficulties with its oil exports, tightening the tonnage list across the Mediterranean and beyond. Kazakhstan has suspended flows via the Baku–Tbilisi–Ceyhan (BTC) pipeline after chloride-contaminated crude entered the system in late July, diverting volumes to the Caspian Pipeline Consortium’s […]

HD Hyundai buys Doosan’s Vietnam yard for $207m

Energy News Beat HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility, in a transaction worth 290bn won ($207.5m). The deal will see HD KSOE take full control of Doosan Vina’s heavy industry facility […]

Alaska residents spent three times more on energy than Florida residents in 2023

Energy News Beat Data source: U.S. Energy Information Administration, State Energy Data System Data values: Primary energy, electricity, and total energy expenditure estimates Alaska has the highest per capita energy expenditures of any state at $12,100, according to our recently published State Energy Data System information for 2023. Wyoming and North Dakota spent the next most on energy at $10,100 and $9,300 per capita, respectively. […]