Category: Energy News Beat

Energy News Beat Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and […]

Energy News Beat Mortgage rates dropped a lot, but not nearly enough to hit the magic level that thaws out the housing market. Now they rose again. By Wolf Richter for WOLF STREET. Hype in the media about real estate going to the moon or whatever is a never-ending drama. For example, on CNBC this morning, we read […]

Energy News Beat By Laura Sanicola and Valerie Volcovici WASHINGTON (Reuters) -The head of the main U.S. oil and gas lobby group on Wednesday said that if U.S. regulators slow down or stop approving liquefied natural gas exports, they will put allies at risk. American Petroleum Institute President Mike Sommers issued the warning in response […]

Energy News Beat In a tweet, Bjorn Lomborg points out that Germans are now consuming less electricity per capita than they did in 1978. Take a look: This is the surest sign of economic collapse, and it is something the German government has intentionally imposed on its people. It is also the real end goal […]

Energy News Beat The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all shot down through efforts of F/A-18 aircraft from the US aircraft carrier Dwight D. Eisenhower, three US […]

Energy News Beat The geopolitical landscape is witnessing a seismic shift as Russia declares that 30 additional countries are poised to join the BRICS alliance, potentially expanding its membership to a formidable 40 nations. This move, championed by Russia’s President Vladimir Putin, marks a pivotal moment in the global balance of power, challenging the longstanding economic dominion […]

Energy News Beat WASHINGTON – Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman released a statement ahead of the House Energy and Commerce Committee hearing on Wednesday, Jan. 10 at 10:00 a.m. ET examining Environmental Protection Agency (EPA) actions affecting American oil and natural gas operations, particularly those regulations and programs related […]

Energy News Beat Qatari LNG shipping giant Nakilat has placed orders worth about $955 million with South Korea’s Hyundai Samho for the construction of two LNG tankers and four LPG carriers. S.Y. Park, president and COO of HD Hyundai Heavy Industries, and Nakilat’s CEO, Abdullah Al Sulaiti, signed the shipbuilding deal on January 9. The […]