Energy News Beat Data from the General Administration of Customs shows that the country received 5.31 million tonnes last month. This compares to 5.62 million tonnes in June 2024. During the first six months of this year, China imported 30.11 million tonnes of LNG, a decrease of 20.6 percent compared to the same period last year. […]
Energy News Beat We are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still not enough to increase production and lower prices. We are going to see another swing away from […]
Energy News Beat In a significant policy reversal, the Trump administration’s Department of the Interior (DOI) announced new measures to eliminate what it calls “regulatory favoritism” toward wind and solar energy projects. This initiative includes an enhanced oversight process for approvals and the termination of fee discounts, signaling a broader effort to level the playing […]
Energy News Beat The U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count in the United States increased by 7 to 544 as of July 18, 2025. This uptick was […]
Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 27 LNG vessels and 104 Bcf in the week ending July 9. According to data from S&P Global Commodity Insights, average natural gas deliveries […]
Energy News Beat Last month, Freeport LNG’s units sought from FERC an approximately 40-month extension of time for the Train 4 project. “Based on the facts presented in the request and the case record, the applicants are granted an extension of time until and including December 1, 2031, to complete construction of their Train 4 […]
Energy News Beat Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates increased by $2,000 to $33,750 per day. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $38,250 per day and continued to price at a premium to Atlantic rates, he said. In Europe, the SparkNWE DES LNG dropped compared to last […]
Energy News Beat In a significant pivot for one of Europe’s renewable energy frontrunners, the Netherlands has announced plans to reduce its offshore wind capacity targets by up to 40%, scaling back from an ambitious 50 gigawatts (GW) by 2040 to a more modest 30-40 GW. This decision, outlined in a letter from Climate and […]
Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley, along with industry experts Doomberg,Mike Umbro, and David Blackmon It discusses the ongoing energy and political crisis in California, with a particular focus on the state’s energy policies, oil production, and refinery shutdowns. We highlight the mismanagement of California’s resources, the decline in […]
Energy News Beat HOUSTON, July 18 (Reuters) – Chevron (CVX.N) closed its $55 billion acquisition of Hess (HES.N) on Friday after winning a landmark legal battle against larger rival Exxon Mobil (XOM.N) to gain access to the largest oil discovery in decades. Chevron CEO Mike Wirth’s strategy to turn around his company’s lagging performance hinged […]
