Category: Energy News Beat

Belgorod plane attack: Why did Ukraine shoot down a plane carrying dozens of its own soldiers?

Energy News Beat Kiev is now only fighting to prolong the life of Zelensky’s regime, that’s why it’s doing stupid things On Wednesday, an Il-76 transport plane was downed in Russian airspace. It was reportedly carrying 65 Ukrainian POWs scheduled for a prisoner swap, escorted by three Russian military guards, as well as six crew […]

“Effective Immediately,” Fed Shuts Down Arbitrage Opportunity with the Bank Term Funding Program (BTFP)

Energy News Beat This is funny, in a central-bank kind of way. By Wolf Richter for WOLF STREET. The Fed confirmed today in a press release at 7 PM EST that its infamous tool to deal with the March 2023 bank-panic and bank-liquidity crisis, the Bank Term Funding Program (BTFP), will cease making new loans to banks, as […]

Did the $5-Billion Acquisition of Homebuilder MDC Holdings by Japan’s Sekisui House Mark the Top for Homebuilder Stocks after the Rate-Cut-Mania Rally?

Energy News Beat With uncanny precision? By Wolf Richter for WOLF STREET. The deal came up during D.R. Horton’s earnings call with analysts, without the two companies being named. The analyst posing the question referred to it as “a large acquisition by an offshore player of a domestic homebuilder,” and everyone knew what he was talking about. One […]

Daily Energy Standup Episode #294 – White House Delays, Carbon Tax Concerns, and Diversified Energy Under Scrutiny

Energy News Beat Daily Standup Top Stories White House Said to Delay Decision on Enormous Natural Gas Export Terminal January 24, 2024 Stu Turley Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals. The Biden administration is pausing a decision on whether […]

Diversified Energy Faces Short-Seller Attack From ESG-Focused Snowcap

Energy News Beat Diversified Energy Co., the largest owner of US oil and natural gas wells, is being targeted by a short seller claiming the company may not have enough money to meet obligations to plug inactive wells. Snowcap Research, a London-based activist investor focused on environmental, social and governance matters, said in a 39-page report released […]

White House Said to Delay Decision on Enormous Natural Gas Export Terminal

Energy News Beat Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals. The Biden administration is pausing a decision on whether to approve what would be the largest natural gas export terminal in the United States, a delay that could stretch past […]

“For Natural Gas, It’s Buckle Up and Hang On for 2024” – Steve Reese, CEO

Energy News Beat ENB Pub Note: Steve Reese, CEO of Reese Energy Consulting Company is a global thought leader in the natural gas markets. I have had the pleasure of getting to know Steve through our podcast interviews and phone calls. It will be fantastic to visit with Steve at NAPE live. Take a look […]

Navigating Market Sensitivities: A Deep Dive into Winter Forecast Impacts on LNG Trade

Energy News Beat Navigating Seasonal Uncertainties In the volatile world of LNG trade, understanding the impact of winter on market dynamics is crucial. This commentary introduces a novel approach: scenario planning as a strategic tool for navigating seasonal uncertainties. The key insight is that grasping market trends and dynamics is more critical than predicting exact […]

Microsoft goes atomic — World’s most valuable company just hired a director of nuclear development acceleration to help power its very own AI revolution

Energy News Beat It’s well-known that data centers consume a staggering amount of energy, with about 1-1.5% of all global electricity usage thought to be dedicated to their operation. Tech companies have largely focused on powering these through renewable and sustainable energy sources in an effort to boost their green credentials and address climate change. […]

Prodigy and Westinghouse Targeting Launch of eVinci Floating Nuclear Plant in Canada by 2030

Energy News Beat Westinghouse has revealed it is designing a transportable nuclear power plant (TNPP) featuring an eVinci microreactor with Canadian firm Prodigy Clean Energy, aiming to deliver a first project in Canada by 2030. The project will potentially integrate a single or multiple 5-MWe eVinci microreactors within a Prodigy Microreactor Power Station—a purpose-designed floating […]