Category: Energy News Beat

Energy News Beat It’s premature to speculate about the details of their discussions, but the news items shared in this analysis indicate that they could concern the resumption of peace talks and possible pathways for getting there, including those that go around Zelensky or even get rid of him if he remains an obstacle. Russian-US […]

Energy News Beat (Bloomberg) — German landowners will no longer be able to refuse access if grid operators need to connect renewable infrastructure on their property. The measure — which has sparked criticism from farmers — is part of a series of new regulations agreed on by federal and state leaders on Tuesday. The aim […]

Energy News Beat Mr. Saving-Humanity-Singlehandedly-Myself Bill Gates is reportedly backing a mining startup that is getting close to “investing” in the Democratic Republic of Congo – which is, of course, a nice way to say, likely mining there. The company, KoBold Metals, already is developing a copper project in Zambia, Bloomberg reported this week. Chief executive […]

Energy News Beat World Oil (Bloomberg) – OPEC+ still has a positive outlook for growth in oil demand, despite the headwinds faced by the global economy, as it prepares for its next ministerial meeting. “The economy, despite the challenges, is still doing quite well,” OPEC Secretary-General Haitham Al-Ghais said at the Argus European Crude Conference in […]

Energy News Beat ​ Maine is considering new kinds of electric rates to encourage more widespread home adoption of electric vehicle chargers and heat pumps while easing the strain these technologies add to the power grid. Central Maine Power, the larger of the state’s two investor-owned utilities, is working with regulators and advocacy groups on […]

Energy News Beat Reuters New Fortress Energy (NASDAQ:NFE) and state energy company Pemex have terminated a deal to develop what could have been Mexico’s first deepwater natural gas project, Reuters reported Tuesday. Source: Reuters Pemex wants to continue with the development of the Lakach gas field in the Gulf of Mexico and is in talks […]

Energy News Beat Oil Price The Department of Energy has issued an invitation for bids for some 3 million barrels of crude that will go into the strategic petroleum reserve as part of refill efforts. In the announcement, the DoE twice noted that it had sold oil from the SPR at much higher prices than it is […]

Energy News Beat Daily Standup Top Stories Sinopec’s colossal LNG tank bolsters winter gas supply – 541M gallons November 7, 2023 Mariel Alumit China Petroleum & Chemical Corporation (Sinopec) achieved a significant milestone on November 2, 2023, as they officially put into service the world’s largest LNG storage tank at their Qingdao LNG Receiving Terminal. With a […]