Energy News Beat In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but also contributes significantly to greenhouse gas emissions, including carbon dioxide and methane. As global energy demand continues […]
Energy News Beat This article is from David Blackmon’s Substack, and we highly recommend subscribing. This is an expected move by the EPA that can have a wide-ranging impact. This will be another nail in the coffin for coutnries following the Net Zero energy polcies. What is needed is legislation to protect our American manufacutres […]
Energy News Beat In a resounding victory for American energy independence, the Department of the Interior (DOI) has successfully facilitated the restart of oil production at the Santa Ynez Unit (SYU) off the coast of California. This achievement, announced on July 25, 2025, marks a pivotal step in the Trump-Vance Administration’s push for Energy Dominance, […]
Energy News Beat Volkswagen, Europe’s largest automaker, has revised its financial outlook for 2025 downward following a significant €1.3 billion ($1.5 billion) hit to its first-half earnings attributed primarily to escalated U.S. import tariffs. The company reported a 33% drop in its operating result for the first six months, falling to €6.7 billion, while sales […]
Energy News Beat Weekly Daily Standup Top Stories OPEC is Looking for Market Share While Playing the Long Game July 20, 2025 Clark Savage In the ever-evolving landscape of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between securing greater market share and sustaining elevated oil prices. […]
Energy News Beat Data source: Bloomberg L.P. Note: Annualized percentage, a widely used trading measure of price volatility, is the standard deviation for the previous quarter of daily changes in the Henry Hub front-month futures price multiplied by the square root of 252 (number of trading days in a year) multiplied by 100. Percentages are averages for that period. […]
Energy News Beat According to its quarterly results report released on Thursday, Eni sold 2.8 bcm (2.1 million tonnes of LNG) in the second quarter of this year. Quarterly LNG sales rose 27 percent compared to 2.7 bcm in the second quarter last year and were flat compared to the prior quarter. Eni sold 5.6 bcm […]
Energy News Beat The filing dated July 21 shows that Venture Global Plaquemines LNG signed on June 24 a transaction confirmation pursuant to a previously-executed base contract, under which Plaquemines LNG will purchase natural gas on a long-term basis from Tenaska. The deal is for three years. Under the deal, Plaquemines LNG will buy 36,500,000 […]
Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 28 LNG vessels is 104 Bcf. This compares to 30 LNG vessels and 114 Bcf in the week ending July 16. According to data from S&P Global Commodity Insights, average natural gas deliveries to US […]
Energy News Beat The U.S. energy sector continues to face headwinds as the latest data from Baker Hughes reveals another decline in the national rig count. As of July 25, 2025, the total U.S. rig count stands at 542, down by 2 from the previous week and a significant 47 rigs lower than the same […]
