Category: Energy News Beat

Cureton Midstream announces sale to Williams

Energy News Beat Oil and Gas 360 November 2, 2023 —Tailwater Capital LLC (“Tailwater”), an energy and growth infrastructure private equity firm, and a fund managed by the Private Equity Group of Ares Management (“Ares”), a leading global alternative investment manager, today announced that they have signed definitive agreements to sell Cureton Front Range LLC […]

Is Zelensky done for? A new Time Magazine cover story indicates changing American attitudes to Ukrainian leader

Energy News Beat The actor-turned-politician feels let down by the same Western powers that have been inflating his ego for close to two years A recent, long article in Time Magazine presents itself as a deep dive into the world of and the state of mind of Ukraine’s President Vladimir Zelensky. In reality, it is a […]

US House speaker promises Biden impeachment decision ‘soon’

Energy News Beat US House Republicans are fast approaching a point where they will have to decide whether to impeach President Joe Biden, but following the evidence and observing due process takes time, Speaker Mike Johnson said on Thursday. “I do believe that very soon we are coming to a point of decision on it,” […]

Germany announces complete ban of Hamas activities

Energy News Beat Germany has announced a complete ban on the activities of the Palestinian group Hamas and ordered the disbanding of a pro-Palestine group accused of spreading anti-Israel and anti-Semitic ideas. In a statement on Thursday, German Interior Minister Nancy Faeser said she implemented a formal ban on activity by or in support of […]

Germany hands Ukraine another 25 Leopard tanks

Energy News Beat Berlin is expected to spend $5.73 billion on military aid to Kiev this year, officials report The German federal government revealed on Wednesday that Berlin has sent Ukraine an additional 25 Leopard tanks. This latest shipment brings the total number of these vehicles handed over to the Eastern European country from Berlin […]

Competition for gas supplies could heat up between the EU and China

Energy News Beat The end of COVID-19 lockdowns in China has boosted the nation’s overall gas demand by 6% this year, according to a new report by UK consultancy firm Cornwall Insight. This demand isn’t currently mirrored by an increased Chinese appetite for liquified gas (LNG), but experts note this could change during the colder months ahead. […]

#146 Renewable Energy can only survive with Sustainable Storage”. How do you define “Sustainable Storage?”

Energy News Beat Today I had the opportunity to visit with Tim Kaelin, CEO of Renewable Energy Management about his energy storage company that does not need tax incentives, or subsidies to bring to market. This is a huge win for the grid stabilization that needs to happen for our increased energy demands. Sustainable to […]

Europe’s Wind Energy Giants Brace For Massive Losses And Writedowns

Energy News Beat The malaise spreading through the renewable energy industry hasn’t come to an end just yet. wind energy giants Ørsted A/S and Siemens Energy are facing billions of euros in losses and writedowns as their wind energy businesses continue to deteriorate. Siemens Energy is currently in talks with the German government looking to […]

Biden-backed wind power company cancels New Jersey projects despite $1B in subsidies

Energy News Beat A green energy company on Tuesday pulled the plug on two wind projects off the coast of New Jersey which were approved for an estimated $1 billion in taxpayer-funded subsidies by Democratic Gov. Phil Murphy and state lawmakers. The Danish outfit Orsted cited high inflation, rising interest rates and supply chain issues as their reasons […]

Fifth filling of controversial dam coming up in Ethiopia – expert

Energy News Beat Satellite images show the eastern gate of the GERD is fully open, despite objections from Egypt and Sudan over the infrastructure The eastern drainage gate has been opened to its full capacity in anticipation of the fifth filling of the controversial Grand Ethiopian Renaissance Dam (GERD), according to satellite images shared by […]