Category: Energy News Beat

Biden’s 5-Year Offshore Oil and Gas Lease Plan Has the Fewest Sales Auctions Ever

Energy News Beat Key Takeaways 1. President Joe Biden has decided to have the fewest offshore oil and gas leases in history as he will only hold 3 over 5 years—far fewer than the 47 sales proposed by President Trump. 2. The three lease sales are the fewest possible under the Inflation Reduction Act, in […]

Canadian oil producers may wait for elections before cutting emissions

Energy News Beat Oil Price Several small-sized Canadian oil and gas producers prefer to wait and see if Prime Minister Justin Trudeau and his Liberals will survive the 2025 election instead of investing a lot of money and cutting production now to start complying with a federal framework to slash emissions by 2030. Source: Reuters […]

Daily Energy Standup Episode #275 – Wind Farm Challenges, Oil Price Forecasts, and Global Tensions Unveiled

Energy News Beat Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its six-turbine project. 2: The project received a $50 million grant under President Obama, but the […] Analysts Say […]

Here Come the New Listings of Existing Homes, Prices Drop Further, Demand Remains at Collapsed Levels

Energy News Beat Active listings rise to highest in over three years. By Wolf Richter for WOLF STREET. The national median price of existing single-family houses, condos, and co-ops whose sales closed in November dropped to $387,600, down by 6.3% from the peak in June 2022, according to data from the National Association of Realtors (NAR) today. 2023 is […]

Poland’s new pro-EU government dismisses state media chiefs

Energy News Beat The management of Polish public television, radio and state news agency PAP have been dismissed and one public news channel that critics say was politicised under the previous government has gone off air. The culture ministry under Poland’s new pro-European Union government announced the dismissals of the chairmen and boards in a […]

Analysis: Election ‘win’ for Serbia’s Vucic might yet backfire

Energy News Beat For 48 hours from Sunday night, the victory of Serbian President Aleksandar Vucic was total, overwhelming, sweeping, crushing. His ruling Serbian Progressive Party (SNS) had on its own secured a majority in the National Assembly with twice as many votes and seats as their closest opponent. It also swept the regional and municipal […]

Justin Trudeau’s belated and shameful volte face on Gaza

Energy News Beat Some of Israel’s most prominent enablers now claim to abhor the scope of Israel’s wanton killing of Palestinians with a barrage of bullets, bombs, and rampaging bulldozers. Earlier this week, British Prime Minister Rishi Sunak joined France and Germany in calling for a “sustainable ceasefire” to stop the killing. Like his European […]

Excluding Hamas from the ‘day after’ in Gaza would be a mistake

Energy News Beat In the field of the social sciences, it is very common to say “history repeats itself”. However, there is nothing inevitable about how political events pan out and the choices that political actors make. In this sense, and in the current context of Israel’s war on Gaza, it is important to consider […]

‘Everything is dead’: How record drought is wreaking havoc on the Amazon

Energy News Beat Curralinho, Brazil – For communities on the Brazilian island of Marajó, the ebb and flow of the Canaticu River marks the turn of the seasons. During the rainy months, the river is several metres deep, lapping below the wooden houses that rise from its shores on stilts. Residents rely on its water […]

Secrets of the Clergy

Energy News Beat Over the past 20 years, religious organisations from the Catholic Church to Jehovah’s Witnesses have had a reckoning with cases of child sexual abuse. Many states have tried to tackle the abuse by making clergy mandatory reporters of abuse to officials, just like doctors, therapists and teachers are. However, more than 30 […]