Energy News Beat GAIL announced on Tuesday it had executed a long-term LNG sales and purchase agreement (SPA) with Vitol Asia, a unit of Vitol. Under the SPA, GAIL will buy approximately 1 million metric tonnes per annum of LNG over a period of about 10 years, commencing in 2026. No Taxes for Me – […]
Energy News Beat The consultancy estimates that Australian LNG export revenue reached A$4.99 billion ($3.27 billion) last month. EnergyQuest said this was slightly down from May’s $5.19 billion and marginally lower, by 1.3 percent, year-on-year from June 2024 (A$5.06 billion). No Taxes for Me – Ask about investments with Tax Benefits Western Australia projects earned […]
Energy News Beat Venture Global revealed this in a letter sent to the US FERC dated July 14. In March, Venture Global’s units Plaquemines Expansion and Venture Global Plaquemines began the pre-filing process at the US FERC for the $18 billion expansion project. No Taxes for Me – Ask about investments with Tax Benefits The […]
Energy News Beat Sanctions don’t work as intended – Irina Slav – and boy is she right as usual. President Trump is about to step into a pile of Tariff-poo, and that is a technical term. His advisors are ill-informed on the Russia solutions, while his domestic team is on target and running smoothly. We […]
Energy News Beat ENB Pub Note: This article is from Dan Yergin, and I had the honor of producing the podcast with him and David Blackmon that he references in the article below. Dan is spot on his assessments and we highly recommend following him on his LinkedIn here. Forbes – July 14, 2025 In […]
Energy News Beat This article is from Andrew Korybko’s Newsletter on Substack. He sent it to me, and after reviewing it, I think he is right. President Trump’s domestic advisers are on fire, on target, and executing his plan. It is very clear that the Trump Adminstration’s advisors leading the Russian / Ukraine conflict are […]
Energy News Beat In a highly anticipated address set for July 23, 2025, President Donald Trump will deliver a speech titled “Winning the AI Race,” hosted by White House AI and crypto czar David Sacks alongside cohosts from the All-In podcast. The event aims to assert America’s edge in artificial intelligence (AI) amid intensifying rivalry […]
Energy News Beat In a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions […]
Energy News Beat As the global energy market navigates geopolitical tensions, Russia’s crude oil shipments have shown a notable rebound in recent weeks, even as the shadow of potential new U.S. sanctions looms large. With President Donald Trump issuing a stark ultimatum tied to the ongoing Russia-Ukraine conflict, the implications for Russia’s oil and liquefied […]
Energy News Beat In an era where headlines often trumpet the impending demise of fossil fuels, the reality on the ground tells a different story. Global oil consumption shattered records in 2024, climbing to 101.8 million barrels per day (bpd), a 0.7% increase from the previous year and marking an all-time high. No Taxes for […]
