Category: Energy News Beat

Maersk seals 33-year lease extension at port of NY and NJ

Energy News Beat APM Terminals AP Moller-Maersk has reached an agreement with the Port Authority of New York and New Jersey to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029, the 33-year lease extension “paves the way for major infrastructure investments which will enhance capacity and transport velocity, create […]

Trump: 25% Tariff On Anyone Who Buys Venezuelan Oil & Gas

Energy News Beat U.S. President Donald Trump has announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trades with the United States, Reuters reported on Monday, with Trump claiming that Venezuela has sent “tens of thousands” of people to the U.S. who have a “very violent nature. Earlier […]

Diana Shipping bags Cargill panamax fixture

Energy News Beat Dry CargoEurope Geir Vinnes / Marine Traffic Greek bulker owner Diana Shipping has landed another charter deal with Cargill, the New York-listed company’s fourth fixture with the commodities trading giant in just over a month. The Semiramis Paliou-led company has secured employment for the 2010-built panamax Leto from end-March through to July […]

British Oil Sector Hinges on Shell’s Future

Energy News Beat Shell is considering a potential delisting from the London Stock Exchange, which could have significant implications for BP’s future. BP is facing investor pressure for strategic changes and may be open to a merger, with Shell being a potential acquirer due to its financial strength and market capitalization. BP’s successful oil trading […]

Coal Coal Baby

Energy News Beat ENB Pub Note: This article is from Robert Bryce and his Substack. We highly recommend subscribing and supporting his work. He has amazing points on Energy and today is no exception. The world needs low-cost energy, and as I talked about Net Zero today on the Energy Realities podcast, the world is […]

Services Activity Jumps in March, Cost Pressures from Tariffs & Staffing Well Up

Energy News Beat But “competition limited the pass-through of higher costs to selling price … which will harm profits.” By Wolf Richter for WOLF STREET. Overall economic growth accelerated in March from February, driven by a sharp acceleration in services activity, which bounced off the 15-month low in February – with “companies reporting improved new business inflows amid […]

Net Zero is Dividing the World

Energy News Beat Net Zero is Dividing the World We are seeing some notable trends in the energy and finance markets. Energy Policies and laws incorporating the Net Zero mandate from governments have started breaking into two camps. Countries that are heading to Net Zero are having more financial problems, and those that are not […]

Coal Comeback & Green Retreat

Energy News Beat Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies that […]

Canada’s looming decision: US’ EPA Deregulatory Actions will force Canada’s hand – be competitive or be left behind

Energy News Beat ENB Pub Note: This is an article from the BOE report in Canada by Terry Etam. I have reached out to him to record an episode on this topic on our podcast.  Terry is a great author and has excellent points about Canada and their energy policies and investments. How will Canada attract […]

Panagiotidis family member takes two bulkers from Castor Maritime

Energy News Beat Dry CargoEurope Castor Maritime Cyprus-based owner Castor Maritime has sold two of its panamax bulk carriers in another family-related transaction. The Nasdaq-listed company is shipping the 2011-built Magic Eclipse and the 2012-built Magic Callisto to outfits beneficially owned by a family member of chairman and CEO Panagiotidis. The deal worth $28m will […]