Category: Energy News Beat

Newsom Blows $100M On Methane Satellites While Begging Trump For $40B In Aid

Energy News Beat After seeking $40B from Trump in aid, Newsom is spending $100M on launching methane-detecting satellites while California faces a $6B budget shortfall. ​California Governor Gavin Newsom announced Friday that the State of California will launch methane-detecting satellite sensors at a cost of $100 million — while it is borrowing over $6 billion […]

Alaska Seeks South Korean Investors for Its $44-Billion LNG Project

Energy News Beat On Tuesday, Alaska Governor Mike Dunleavy discussed the Alaska LNG project and other potential energy and trade cooperation with South Korean Industry Minister Ahn Duk-geun, as the U.S. Administration is looking to attract Asian investors in the $44-billion Alaska LNG export project. Dunleavy and other Alaska state representatives and energy officials have been touring America’s north […]

With BP’s Megadeal Approved, Is the West Back in Iraq?

Energy News Beat Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a potential resurgence of Western influence in Iraq’s energy sector. Iraq’s Council of Ministers last week approved the final version of […]

Is Iran’s Regime About to Go the Way of Syria’s?

Energy News Beat ​Is Iran’s Regime About to Go the Way of Syria’s? A series of perceived betrayals has shaken the clerical establishment’s “hard base.” By Saeid Golkar, a senior fellow at the Tony Blair Institute and an assistant professor at the University of Tennessee at Chattanooga, and Kasra Aarabi, the director of Islamic Revolutionary […]

Tesla’s Critical Moment

Energy News Beat Daily Standup Top Stories Coal Coal Baby March 24, 2025 Clark Savage ENB Pub Note: This article is from Robert Bryce and his Substack. We highly recommend subscribing and supporting his work. He has amazing points on Energy and today is no exception. The world needs low-cost […] British Oil Sector Hinges on Shell’s […]

Nortrans pens deal with Saipem for flotel work on Chevron’s Australian project

Energy News Beat Nortrans Singapore-based Nortrans Offshore has been awarded a contract with Italian giant Saipem for work on the Jansz-Io compression project offshore Western Australia. As part of this project, the company took the 200-person flotel Belait CSS 1 on a long-term bareboat charter. This is the flotel’s first project with Nortrans which is […]

Prosafe sells 41-year-old flotel for recycling

Energy News Beat EuropeOffshore Prosafe Oslo-listed semisub accommodation vessel owner Prosafe has signed a deal to sell one of its flotels for recycling. Prosafe said that it would be recycling its 1984-built, anchor-moored semi-submersible tender support and accommodation vessel Safe Scandinavia. The vessel is presently located in Norway and has been in cold layup for […]

Seanergy strikes double sale and leaseback

Energy News Beat Seanergy US-listed Greek capesize bulker specialist Seanergy Maritime has entered into sale and leaseback agreements with a Chinese financier for two of its vessels. The Stamatis Tsantanis-led company revealed in its annual report that the 2009-built Friendship and the 2010-built Squireship had been sold to China Huarong Shipping Financial Leasing, thereby refinancing […]

Floating wind still going strong despite US policy turmoil

Energy News Beat Norwegian Offshore Wind The United States’ shift in offshore wind policy is set to create a potential global installation shortfall of 26GW by 2035 as a result, according to TGS’ latest report. The company said in its Quarterly Market Overview Report that the withdrawal of a major market like the US has […]

LS Cable & Systems focuses subsidiaries on offshore wind

Energy News Beat LS Cable South Korea-based electrical cable provider LS Cable & System has announced that it will be expanding its presence in the offshore wind market through several of its subsidiaries. The company said that Gaon Cable, LS Eco Energy, LS Materials, and LS Marine Solution will further strengthen its competitiveness across the […]