Category: Energy News Beat

Explainer: Iran’s expanding oil trade with top buyer China

Energy News Beat Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions. Existing sanctions were implemented over Iran’s nuclear programme, and U.S. lawmakers are seeking to exert further pressure after the Oct. 7 attacks on Israel by Hamas, which […]

BRICS should create their own internet – MP

Energy News Beat Russian lawmaker Dmitry Gusev says such a network would help preserve traditional values Russia should develop an alternative internet in collaboration with the other BRICS nations, the first deputy chairman of the State Duma Control Committee, Dmitry Gusev, has proposed. According to a document seen by RIA Novosti, the official submitted a request to […]

Alaska Judge Sides With ConocoPhillips on New $7.5 Billion Oil Project

Energy News Beat A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development in Alaska, a blow to environmentalists who argued it would imperil wildlife and exacerbate climate change. The ruling by Alaska-based US District Judge Sharon Gleason means ConocoPhillips can continue developing the $7.5 billion project in the National Petroleum Reserve-Alaska that promises […]

TotalEnergies Nears Deal to Buy Texas Gas Power Plants

Energy News Beat ENB Pub Note: The European Big Oil companies seem to have returned to their core business even after their 90-degree turn away from “Renewable.”  France’s TotalEnergies is looking to expand in the US Gas plants have become more valuable in the Texas market TotalEnergies SE is nearing a deal to buy a fleet […]

Oil and gas ‘not the problem’ for climate, says UK’s net zero minister

Energy News Beat Oil and gas are “not the problem” for the climate, but the carbon emissions arising from them are, the UK’s net zero minister has told MPs. In words that suggested the UK could place yet more emphasis on technologies to capture and store carbon, Graham Stuart said fossil fuel production was not […]

The EPA’s Coming Energy Catastrophe

Energy News Beat The nation’s electric grid experts and operators now work in a constant state of emergency. There’s little if any respite in the change of seasons. Fears of soaring electricity demand overwhelming power supplies during searing summer heat are now matched by an equally unnerving fear millions will be left shivering in darkness […]

The Electric-Car Era Needs a Lot of Really Big Trees

Energy News Beat VIDALIA, Ga.—Electric cars. The solar build-out. Washington’s rural-broadband initiative. Utilities bracing the grid for stronger storms. They all depend on the same thing: big trees. The utility-pole business is booming, thanks to a flood of public and private infrastructure spending. So the hunt is on for the tallest, straightest, knot-free conifers, which […]

Next month could decide Ukraine conflict – Macron

Energy News Beat The time is not yet ripe for peace talks, but “fair and good negotiations” may be possible in the future, the French president says The Ukraine conflict could reach a turning point by the end of this year, French President Emmanuel Macron has predicted, several months into Kiev’s counteroffensive, which has so […]

Coming Soon: More Oil, Gas and Coal

Energy News Beat It’s no secret that fossil fuels are still going strong, as we discussed last month. But a new United Nations-backed report paints an alarming picture of how dramatically coal, oil and gas production is expected to grow in the coming years. If current projections hold, the United States will drill for more oil and gas […]

US credit rating downgraded to ‘negative’

Energy News Beat International credit rating agency Moody’s has changed its outlook on the US from “stable” to “negative,” citing massive fiscal deficits and a notable decline in debt affordability as major reasons for the move on Friday. The downgrade follows a similar announcement by fellow credit rating agency Fitch, which raised concerns over the […]