Category: Energy News Beat

Italy’s Snam to launch Ravenna FSRU capacity auctions

Energy News Beat Italy’s Snam is working to launch in the upcoming period auctions for regasification capacity at its planned FSRU-based LNG import terminal offshore Ravenna in the Adriatic Sea. This will be Italy’s third FSRU-based LNG import terminal after the launch of Snam’s Piombino FSRU-based facility earlrier this year. Snam’s 170,000-cbm Golar Tundra received […]

Certain COVID-19 Vaccines Linked To Elevated Risk Of Guillain-Barré Syndrome

Energy News Beat Authored by Ellen Wan via The Epoch Times (emphasis ours), As the vaccination rate continues to rise, an increasing number of side effects are being reported. Research indicates that COVID-19 viral vector-based vaccines increase the risk of Guillain-Barré syndrome (GBS) by three to four times compared to mRNA-based vaccines. The Link Between Vaccines […]

Top LNG importer China re-selling more cargoes, eyes trading gains

Energy News Beat China, the world’s top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings. Armed with a growing portfolio of long-term supply deals recently struck with Qatar and U.S. exporters, as well as extensive terminal capacity, […]

Venture Global Accused of Reneging on LNG Contracts for Europe

Energy News Beat European oil majors have asked a cross-Atlantic government task force to intervene in a dispute with Venture Global LNG Inc., warning that the US supplier “reneging” on contracts to supply liquefied natural gas threatens Europe’s energy security and undermines the US as a reliable supplier. In separate letters, Shell Plc and BP […]

Most Americans feel poorer under Biden – FT

Energy News Beat The majority of US voters are dissatisfied with President Joe Biden’s economic policies, the Financial Times reported on Monday, citing the latest monthly poll conducted by the Global Strategy Group and North Star Opinion Research. According to the findings, some 61% of respondents said they disapproved of Biden’s handling of the economy, […]

Advocates press Wisconsin regulators to reconsider natural gas plant need

Energy News Beat ​ When Jenny Van Sickle was elected to the Superior, Wisconsin, City Council in 2017, she joked that the first two calls she got were from her mother and representatives of the Nemadji Trail Energy Center, a proposed 625-megawatt combined-cycle gas-fired power plant planned for a site on the Nemadji River adjacent […]

BRICS country imports record amount of Russian oil

Energy News Beat Russia delivered a record amount of crude to Brazil in October, becoming the country’s third-largest supplier, RIA Novosti reported on Friday citing statistics.    The Latin American country resumed crude imports from Russia in September after a two-year halt, the outlet said.    Moscow exported 207,000 tons of crude worth $133 million […]

Europe Taps Record-High Natural Gas Storage As Temperatures Drop

Energy News Beat Authored by Tsvetana Paraskova via OilPrice.com, Traders have begun withdrawing natural gas from Europe’s record-high inventories this week as the weather turned colder and heating demand rose. The gas storage sites in the EU were 99.57% full as of November 8, according to data from Gas Infrastructure Europe. In the past few days, most […]

Shell, BP seek US and EU intervention in dispute with Venture Global LNG

Energy News Beat Energy giants Shell and BP have asked the U.S.-EU Task Force on Energy Security to intervene in a dispute with Venture Global LNG over the launch of commercial operations at the latter’s Calcasieu Pass plant. Calcasieu Pass produced its first LNG on January 19, 2022, moving from FID to LNG production in 29 months, […]

Escobar: Another Snapshot Of Kiev’s Military Collapse: But It Ain’t Over Yet

Energy News Beat Authored by Pepe Escobar, The spectacular “success” of Kiev’s counter-offensive, which echoed throughout the geopolitical galaxy, has predictably engendered what everyone with a brain was expecting: a dogfight… Enter the Zelensky-Zaluzhny Show – especially after the commander-in-chief of the Armed Forces of Ukraine (AFU) admitted on the record that the war has […]