Category: Energy News Beat

The down side to wind power

Energy News Beat Wind farms will cause more environmental impact than previously thought When it comes to energy production, there’s no such thing as a free lunch, unfortunately. As the world begins its large-scale transition toward low-carbon energy sources, it is vital that the pros and cons of each type are well understood and the […]

Russia’s Oil Drilling Boom Proves Moscow’s Resilience to Western Sanctions

Energy News Beat Russia was on pace for a second year of record oil drilling in 2023, further evidence of the nation’s resilience to Western sanctions. The boom in activity came alongside a recovery in both the volume and value of Russia’s oil exports, a stark illustration of how the country’s fossil fuel industry has been a […]

BRICS: Russia & Iran End SWIFT, Start Bank Transfers in Local Currency

Energy News Beat BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries will initiate payments to settle international trade using direct bank transfers. SWIFT payment system is no longer needed for trade between Russia and Iran, as both countries have agreed to carry out transactions directly […]

Biden Administration Reviews Climate Criteria for LNG Projects

Energy News Beat The Biden administration is reevaluating the climate criteria it uses to approve new liquefied natural gas export facilities, threatening to stall pending projects as the 2024 election nears. A panel of government officials convened by White House climate adviser Ali Zaidi met to develop a policy recommendation on the issue for President […]

Will Direct Lithium Extraction Disrupt the $90B Lithium Market?

Energy News Beat The following content is sponsored by the EnergyX Will Direct Lithium Extraction Disrupt the $90B Lithium Market? Current lithium extraction and refinement methods are outdated, often harmful to the environment, and ultimately inefficient. So much so that by 2030, lithium demand will outstrip supply by a projected 1.42 million metric tons. But there […]

Japan’s Inpex to boost Ichthys LNG stake

Energy News Beat Japan’s Inpex plans to enter into a deal with compatriot Tokyo Gas to buy a small stake from the latter in the Inpex-operated Ichthys LNG export project in Australia. Inpex said in a statement it would buy a 1.575 percent stake held by Tokyo Gas in the Ichthys LNG project through Tokyo […]

Former Ukrainian chief prosecutor ‘fired’ for Biden could be assassinated – ex-MP

Energy News Beat Viktor Shokin has dirt on the US president’s family and Kiev is using him as a bargaining chip, Andrey Derkach has claimed The former Prosecutor General of Ukraine, Viktor Shokin, who was famously sacked by then-President Pyotr Poroshenko under pressure from US President Joe Biden, is being used by the current government […]

White House supports seizure of Russian assets – Bloomberg

Energy News Beat ENB Pub Note: This is a huge mistake for the Biden administration. The weaponization of the US dollar has accelerated its demise from being the world’s currency standard. This action will only accelerate the demise.  The Biden administration sees the move as a way of making Moscow pay for damage done to […]

Virginia districts roll on with electric school buses despite lack of state funding

Energy News Beat ​ A lack of state money isn’t curbing Virginia school districts’ enthusiasm for ridding their fleets of polluting, noisy diesel-powered buses.  Through December, Virginia ranked fourth nationwide in the number of electric school buses either on the road or on order. Its 260 total was surpassed by only California, Maryland, and New […]

Biden Gives California More Money for a Failing Bullet Train

Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 President Biden gifted California another $3.1 billion in taxpayer money from the Infrastructure bill to pay for its High-Speed Rail project–a project that is vastly over budget and way behind schedule. 2 The train’s cost was estimated at $33 billion to connect Los […]