Category: Energy News Beat

India, China skip signing renewable power pledge at COP28, 118 countries sign

Energy News Beat India and China have not signed the global renewable and energy efficiency pledge at this year’s Conference of Parties (COP28) climate summit, held in Dubai. The pledge was to triple the global renewable energy target by the year 2030. Meanwhile, a total of 118 nations have pledged to triple green energy. The […]

Global Woke Investments Drop $5 Trillion in 2-year Span

Energy News Beat Global investments using “woke” environmental, social, and governance (ESG) standards led to trillions of dollars of losses in a two-year span, especially in the U.S., according to a recent report. The biannual assessment by the Global Sustainable Investment Alliance (GSIA) showed the absolute value of reported sustainable investing ESG assets — such as those […]

Top EU officials meet with Xi in China summit with trade in focus

Energy News Beat Top EU officials met Chinese President Xi Jinping in Beijing on Thursday for their first in-person summit in four years to discuss issues ranging from trade imbalances to Ukraine, with an agenda full of tough rhetoric but light on deliverables. During the meeting, Xi urged the EU to work with China to […]

NASCAR and other N.C. companies say Duke Energy needs to pick up the pace on clean energy

Energy News Beat ​Charlotte-based NASCAR, like so many of its Fortune 500 advertisers, has lofty goals to reduce its carbon footprint and invest in renewable energy. But just as stock-car racing has long held prominence in the Southeast, so too have electric utility monopolies. And unlike in neighboring Virginia, which has its own share of […]

UN climate chief slams opponents of fossil fuel phase-out at COP28

Energy News Beat The UN’s climate chief has urged countries to lift “tactical blockades” to a deal to phase out fossil fuels. Speaking 24 hours before the COP28 climate summit draws to a close, Simon Stiell called on Monday for delegates to remove obstacles to sealing a deal at the meeting in Dubai. list of […]

Dynagas LNG Partners reports lower net income in Q3

Energy News Beat Dynagas LNG Partners, the owner of six LNG carriers which operate under long-term charters, reported a drop in its net income for the July-September period. The NYSE-listed limited partnership formed by shipowner Dynagas posted a net income of $1.4 million for the three months ended September 30, 2023. This marks a decrease […]

Spanish LNG imports down, reloads up in November

Energy News Beat Spanish liquefied natural gas (LNG) imports dropped in November while reloads rose compared to the same month last year, according to Enagas. LNG imports decreased by 14 percent to about 22.8 TWh in November and accounted for 69.4 percent of the total gas imports. In October, LNG imports reached some 21.8 TWh. Including […]

Daily Energy Standup Episode #267 – Unveiling Russia’s Shadow Fleet, Climate Realities, and Media’s Vital Role in Energy Narratives

Energy News Beat Daily Standup Top Stories Russia’s Shadow Fleet – 24 min Bloomberg Video – “Ships aquired by “We don’t know who; and insured by who knows?” December 9, 2023 Stu Turley ENB Pub Note: Michael and I have talked about the “Shadow Fleet” for several years. Iran had been ahead of Russia in avoiding […]

ExxonMobil And A Possible War In South America

Energy News Beat On December 3, 2023, a large number of registered voters in Venezuela voted in a referendum over the Essequibo region that is disputed with neighboring Guyana. On December 3, 2023, a large number of registered voters in Venezuela voted in a referendum over the Essequibo region that is disputed with neighboring Guyana. […]

Putin’s Russia is closing in on a devastating victory. Europe’s foundations are trembling

Energy News Beat We need to talk about Ukraine. While the world’s attention has been focused on the war between Israel and Hamas, grim tremors have been shaking that rich, black soil. Ukraine’s counteroffensive has failed – or, in Volodymyr Zelensky’s words, “did not achieve the desired results”. As exhausted Ukrainians fall back from Russia’s […]