Category: Energy News Beat

Exclusive | China wielding ‘bargaining power’ with Russia over Power of Siberia 2 natural gas pipeline

Energy News Beat Construction of the Power of Siberia 2 natural gas pipeline is likely to be slower than expected despite the ‘no limit’ strategic partnership between Beijing and Moscow Russian President Vladimir Putin has promised to export at least 98 billion cubic metres per year of gas from Russia to China Construction of one […]

Second large Polish nuclear plant gets approval

Energy News Beat PGE PAK Energia Jądrowa submitted an application for the plant to the ministry in August this year. The application included a description of project characteristics, indicating the maximum installed capacity, the planned operating period and details of the APR1400 technology to be used in the construction of the plant. According to the […]

Here’s what Germany’s economic health depends on

Energy News Beat The German economy faces an uphill challenge as recent economic data has revealed with its health dependent on a few pending factors. Euronews Business takes a look at some of them. Germany’s economy continues to remain under pressure as indicated by recent economic data with its gross domestic product (GDP) shrinking on Friday […]

It Will Happen Suddenly – and most likley before the election

Energy News Beat Authored by Jeff Thomas via InternationalMan.com, As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented…   Only a year ago, the average person was still hanging on to the belief that the world is in a state of recovery, that, however tentative, the economy was […]

Killer mines in Kuwait keep Gulf War alive and deadly

Energy News Beat Kuwait City, Kuwait – The Israeli military has said that it has planted landmines along parts of the Gaza-Israel fence to prevent further infiltrations of the Palestinian armed group Hamas following its attack on southern Israel on October 7. But laying mines has far-reaching consequences — especially for civilians — long after […]

Wealthy Countries Gear Up against Fossil Fuels Preparing for COP 28

Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 The Biden Administration announced a deal with China to push the purchase and use of China’s “green products” by Americans, while continuing to abandon the use of the oil, coal and gas that powered the United States to be the world’s largest economy. […]

Daily Energy Standup Episode #258 – Carbon Emissions, Oil Mergers, and Finance Insights

Energy News Beat Daily Standup Top Stories Richest 1% emit more carbon than poorest two-thirds, says Oxfam November 27, 2023 Mariel Alumit The world’s richest 1 per cent generated as much carbon emissions as the poorest two-thirds in 2019, according to a new Oxfam report that examines the uber-wealthy’s lavish lifestyles and investments in heavily polluting […]

Brent dips toward $80 ahead of OPEC+ meeting

Energy News Beat Nasdaq LONDON – Oil prices fell on Monday, with the Brent benchmark dropping near $80 a barrel as investors awaited this week’s OPEC+ meeting and expected curbs on supplies into 2024. Brent crude futures LCOc1 were down 35 cents, or 0.4%, at $80.23 a barrel by 1447 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 lost 29 cents, or 0.4%, to $75.25. Source: Reuters Both contracts lost […]

The pricey reality behind Biden’s EV aspirations

Energy News Beat Oil Price The Biden administration is pushing for widespread electrification in less than 20 years through government subsidies and coercive regulations as part of its aggressive climate agenda. The truth is that President Joe Biden’s goals are an illusion at the expense of the American people. Source: Reuters While EV proponents try to […]

OPEC head accuses IEA of vilifying fossil fuel industry

Energy News Beat Nasdaq DUBAI – OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying the oil and gas industry, in the latest clash between the groups over climate policy. Source: Reuters Al Ghais was referring to a note published by the West’s energy watchdog on Thursday that […]