Energy News Beat Liberty Energy Inc. (NYSE: LBRT), a leading provider of hydraulic fracturing and related services in the oil and gas industry, released its second quarter 2025 earnings on July 24, 2025. The report showcased sequential improvements in key financial metrics amid a challenging energy market landscape, though year-over-year figures reflected broader industry pressures. […]
Energy News Beat In a significant milestone for global energy production, ExxonMobil has commenced operations at its fourth major offshore development in Guyana, the Yellowtail project. This announcement comes on the heels of the company’s second-quarter 2025 earnings report, which showcased resilient performance despite challenging market conditions. As ExxonMobil continues to expand its footprint in […]
Energy News Beat In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has evolved into what critics are calling a “tax on the sun.” This comes amid the country’s aggressive shutdown of reliable energy sources, including nuclear and now coal plants, under the banner of green energy. The Green Party-led initiatives, […]
Energy News Beat In an era where the United States stands as the world’s leading exporter of liquefied natural gas (LNG), achieving true energy dominance remains elusive due to outdated and burdensome regulations. The Merchant Marine Act of 1920, better known as the Jones Act, continues to impose significant barriers on domestic energy transport, inflating […]
Energy News Beat In a bold yet controversial move, the UK government under Prime Minister Keir Starmer is intensifying its commitment to Net Zero emissions by clamping down on North Sea oil production. Through a combination of elevated taxes, stringent environmental regulations, and a deliberate shift toward wind and solar energy, the administration aims to […]
Energy News Beat In a landmark move for America’s nuclear energy sector, General Matter, a burgeoning U.S. uranium enrichment startup, has signed a long-term lease with the Department of Energy (DOE) to construct a $1.5 billion enrichment facility in Paducah, Kentucky. This project, announced on August 5, 2025, at the site of the decommissioned Paducah […]
Energy News Beat The Association of Average Adjusters (AAA) has issued a warning to the maritime sector, highlighting the growing legal ambiguity around insurance claims involving vessel groundings linked to GPS spoofing. In a new discussion paper, the AAA warns that cyber exclusion clauses increasingly found in hull & machinery (H&M) policies—most notably the LMA5403 […]
Energy News Beat AmericasRegulatoryTankers Panama Maritime Authority Panama Maritime Authority The Panama Ship Registry has become the first flag in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. Non-compliance—depending on its severity—may lead to the cancellation of a vessel’s Panamanian registration. The regulation requires all Panamanian-flagged oil […]
Energy News Beat In the ever-volatile world of energy, the oil and gas sector is facing a paradoxical challenge: rig counts remain stubbornly low, hovering near three-year lows, even as global demand continues to push boundaries. As of August 2025, the global rig count stands at approximately 1,633 active rigs, a figure that reflects ongoing […]
Energy News Beat Norwegian authorities will require foreign-flagged tankers operating within the country’s economic zone to disclose their insurance arrangements starting August 11. The new rule, announced by Norway’s coastal administration, is part of a broader push to enhance maritime safety and environmental protection amid mounting concerns over the growing presence of shadow tankers in […]
