Category: Energy News Beat

The “Electric Vehicle Revolution” Is DOA – In Texas we call that “DRT – Dead Right There”

Energy News Beat In Texas we call that “DRT – Dead Right There” – Stu Turley In the early days of the push for electric vehicles to replace gas-powered vehicles, they were novelties used for virtue signaling. As the push from government leftists ramped up quickly, millions worldwide jumped onboard willingly or reluctantly as it […]

India drone strike: Cargo ship attacked off Gujarat coast

Energy News Beat A cargo ship was struck by a drone off the coast of the western Indian state of Gujarat on Saturday. The Liberia-flagged chemical products tanker was linked to Israel, according to maritime security firm Ambrey, and was heading from Saudi Arabia to India. The attack sparked a fire onboard the ship which […]

China’s clean energy revolution a contradiction in terms? A few truths about its green story

Energy News Beat GANSU, China: Chinese farmer Wu Wenju lives in a little house that is unassuming except for the 48 solar panels installed on its roof, glistening in the midday sun. His family own a cotton and sheep farm in a village in Dunhuang, Gansu province. And the solar panels provide an additional source […]

Cyber attacks on the US Grid and CCP-tied group is quietly fueling US-based climate initiatives: tax filings

Energy News Beat   FOX: A climate-focused nonprofit with significant operations in Beijing has wired millions of dollars to fund climate initiatives and environmental groups in the U.S., according to tax filings first obtained by Fox News Digital. While the Energy Foundation’s financial filings indicate that the group is technically headquartered in San Francisco, a Fox News Digital […]

Iran ‘deeply involved’ in attacks on shipping – US

Energy News Beat Tehran has provided tactical intelligence critical to Houthi strikes in the Red Sea, according to the White House The United States has accused Iran of being “deeply involved” in attacks by Houthi rebels on commercial ships in the Red Sea. Tehran has provided drones and missiles to the Houthis, as well as […]

China seeks exemption from US sanctions for Russian LNG – Reuters

Energy News Beat Restrictions on the Arctic LNG 2 energy project endanger vital fuel supplies, according to Chinese energy majors China’s state energy majors CNOOC and China National Petroleum Corp (CNPC) have both asked the US government for exemptions from sanctions on a new Russian liquefied natural gas (LNG) export plant. They are seeking to […]

UK likely in recession – data

Energy News Beat Britain’s economy unexpectedly contracted in the third quarter of the year, raising the possibility that the country is already in a recession, the latest data shows. Third quarter GDP dropped 0.1% from the previous quarter after initial estimates suggested growth had been flat, according to a revised report by the Office for […]

Russia’s key ally to hike rates for oil transit to EU

Energy News Beat Transit of Russian oil through Belarus will become more costly next year, the Kommersant business daily reported on Saturday, citing Russian energy export giant Transneft. According to the report, the Belarusian operator of the Druzhba pipeline, Gomeltransneft Druzhba, has reached an agreement with Transneft to hike the transit tariff by 10.2% starting […]

The Top 5 Oil Producers of 2023

Energy News Beat Oil Price Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers.  In September, U.S. oil output surged to a record high for any month in history, and forecasts are that production will […]

Only half of all Ford dealers agree to sell EVs next year

Energy News Beat Oil Price Ford said on Thursday that half of all 1,550 Ford dealers chose to sell electric vehicles in 2024—down from two-thirds that said this time last year that they would opt in to sell EVs for 2023. The other half of Ford dealers will sell—and service—ICE and hybrid models. Source: Oil Price […]