Category: Energy News Beat

Leaders of Venezuela and Guyana to meet amid border dispute

Energy News Beat Venezuela’s President Nicolas Maduro will meet Guyana President Mohamed Irfaan Ali amid a territorial dispute between the two countries, according to a letter from Saint Vincent and the Grenadines Prime Minister Ralph Gonsalves. Tensions have been mounting between Venezuela and Guyana in recent weeks due to a long-running border dispute over Esequibo, an […]

Clean energy stocks have fallen out of favor. They face more challenges ahead

Energy News Beat Clean energy stocks are out of vogue, as higher interest rates and lagging efforts to combat climate change dog the sector. Those obstacles might not go away anytime soon. The iShares Global Clean Energy exchange-traded fund, which tracks the performance of sectors from renewable electricity to semiconductors to solar energy, has slumped […]

OPEC Leader Tells Members to Block Any Climate Summit Deal to Curb Fossil Fuels

Energy News Beat In a letter, the secretary general of the oil cartel called on countries in the group to “reject any text or formula that targets energy.” The head of the OPEC oil cartel, alarmed that nations gathered at the United Nations climate summit in Dubai are considering an agreement to phase out fossil […]

Russia’s Shadow Fleet – 24 min Bloomberg Video – “Ships aquired by “We don’t know who; and insured by who knows?”

Energy News Beat ENB Pub Note: Michael and I have talked about the “Shadow Fleet” for several years. Iran had been ahead of Russia in avoiding sanctions, but both have successfully made the United States irrelevant after the current administration’s weaponization of the US dollar around the world. A “shadow fleet” of aging tankers is […]

Ukraine says 500 settlements without power as energy consumption hits record

Energy News Beat Nasdaq Ukrainian energy consumption hovered near record highs on Friday, increasing strains on the fragile power sector as nearly 500 settlements faced blackouts due to Russian shelling, air strikes and bad weather, officials said. Source: Reuters Ukraine, an exporter of electricity before Russia’s invasion in February 2022, has been forced to turn […]

Yemen’s Houthis warn they will target all Israel-bound ships in Red Sea

Energy News Beat News|Israel-Palestine conflict Yemen’s Houthi movement says it will target all ships heading to Israel, regardless of their nationality, and warned all international shipping companies against dealing with Israeli ports. “If Gaza does not receive the food and medicines it needs, all ships in the Red Sea bound for Israeli ports, regardless of […]

Daily Energy Standup Episode #266 – Weekly Recap: Unpacking EPA Regulations, COP28 Hypocrisy, and Texas Commissioner’s Stand Against Onerous Rules

Energy News Beat Daily Standup Weekly Top Stories EPA’s Final Rule for Oil and Natural Gas Operations Will Sharply Reduce Methane and Other Harmful Pollution. December 2, 2023 Stu Turley ENB Pub Note: We will review these regulations and report on the first-, second-, and third-order magnitude impacts.  EPA has issued a final rule that will […]

Is Xcel Energy holding back substation capacity from solar developers? It’s complicated.

Energy News Beat ​Clean energy advocates believe technical restrictions imposed by Xcel Energy are curtailing the expansion of solar energy in Minnesota. The Minnesota Solar Energy Industries Association and a group of more than 20 developers, clean energy organizations and individuals filed a complaint in September (E-999/CI-16-521) with the Public Utilities Commission arguing Xcel’s “technical […]

Americans making billions at the cost of Ukrainian lives – Kremlin

Energy News Beat The US Secretary of State has boasted that 90% of Ukrainian military aid is spent within the US economy Kiev needs to understand that Washington earns billions on the war in Ukraine while ordinary Ukrainians die, Kremlin spokesman Dmitry Peskov said at a press conference on Friday. He spoke a day after […]

Russian Arctic Center strikes unlikely partnership

Energy News Beat An agreement has been reached to exchange employees and graduates, offer joint training, and build expedition teams The Federal Center for Integrated Arctic Studies (FECIAR), the Ural branch of the Russian Academy of Sciences Institute of Geography (IGRAS), will cooperate on polar research with the University of Toamasina in Madagascar, the center’s […]