Energy News Beat Gastrade announced the resumption of unloading and regasification services at the Alexandroupolis LNG terminal on Monday. “Such services will become available at a maximum regasification capacity of 45.4 GWh/day, including redundancy with respect to its booster pumps,” the company said. According to Gastrade, the above capacity will remain available until September 30, […]
Energy News Beat NextDecade said in an SEC filing on Monday that its units have entered into subscription agreements with subsidiaries of TotalEnergies and GIP. Under the agreements, TotalEnergies will provide up to $300 million for a 10 percent stake in the Train 4 joint venture, according to NextDecade. On the other hand, GIP will […]
Energy News Beat The company said on Tuesday its second-quarter income from operations of $1 billion rose 186 percent year-on-year, net income $0.4 billion rose 21 percent year-on-year, and consolidated Adjusted Ebitda of $1.4 billion increased 217 percent from the second quarter of 2024. During the first quarter of this year, Venture Global’s revenue jumped […]
Energy News Beat In a significant boost to its energy sector, Trinidad and Tobago has awarded a massive deepwater exploration area to ExxonMobil, marking the oil giant’s return to the twin-island nation after a two-decade hiatus. The deal, equivalent to seven deepwater blocks, could attract up to $21.7 billion in investments if commercially viable reserves […]
Energy News Beat DENVER – BKV Corporation (NYSE: BKV), a leading independent energy company focused on natural gas production, midstream operations, and carbon capture initiatives, released its second quarter 2025 financial and operational results today. The company highlighted robust performance across its upstream, power generation, and carbon sequestration businesses, while announcing key strategic moves including […]
Energy News Beat Oil prices experienced a modest decline on Tuesday, reflecting trader caution ahead of the U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook report. Brent crude futures fell 20 cents, or 0.3%, to $66.43 a barrel, while U.S. West Texas Intermediate crude dipped similarly amid a backdrop of mixed signals from global […]
Energy News Beat California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels currently derived from fossil fuels. He seems unaware that so-called renewables like wind and solar CANNOT make any products or fuels for society, as they can ONLY generate electricity under favorable weather conditions. Supply […]
Energy News Beat ENB Pub Note: Doug Sheridan writes on LinkedIn the following, and he is spot on. And as the subtitle suggests, “Turley’s Law” has been proven accurate in the past, and we will have to look at modifications as the world needs more oil and gas. The overall premise was that the more […]
Energy News Beat ENB Pub Note: We have reached out to the team at NextDecade for an interview with Matt Schatzman, Chairman & CEO, and will keep you posted on the updates. A significant boost for the U.S. liquefied natural gas (LNG) sector, NextDecade Corporation has secured up to $1.8 billion in equity commitments from […]
Energy News Beat Recently, I was asked: what if Edison had won the Battle of the Currents? As power grids today are increasingly dominated by inverter-based generation, could a direct current (dc) grid be more effective than the alternating current (ac) grids we rely on today? Would we still need spinning mass, inertia, and frequency […]
