Energy News Beat US LNG exporting giant Cheniere and compatriot Bechtel are moving forward with the construction work on the expansion phase at the Corpus Christi LNG export plant in Texas. Cheniere’s Corpus Christi liquefaction plant now consists of three operational trains with each having a capacity of about 5 mtpa. In June last year, […]
Energy News Beat New Delhi has been boosting energy purchases from Moscow despite Western pressure to shun sanctioned crude Indian officials believe that global crude oil prices would have skyrocketed if they had not ramped up imports from Russia in the wake of Western sanctions, local media reported on Monday, citing the country’s Petroleum and […]
Energy News Beat Ministers and advisers from more than 20 African countries took part in the event A week-long workshop in Moscow dedicated to improving the digital skills of civil servants in African countries concluded on Friday. In total, 44 officials from 23 African countries participated in the event. Called ‘Winter Knowledge Sharing Week’, the […]
Energy News Beat Many countries are abandoning the greenback since it is used as a political tool, Vyacheslav Volodin has said The US has lost its economic dominance, Russian State Duma Speaker Vyacheslav Volodin wrote on his Telegram channel on Sunday. Attempts to regain it by unleashing “military conflicts, sanctions and trade wars, organizing terrorist […]
Energy News Beat The move reportedly follows the latest US sanctions banning countries from buying LNG produced by the plant Foreign shareholders in Russia’s new liquefied natural gas (LNG) plant, Arctic LNG 2, have halted participation in the project amid US sanctions, Kommersant business daily reported on Monday, citing sources within the Russian government. According […]
Energy News Beat Biggest home-price drops in the data going back to 2000 triggered by the biggest QT and highest rates in ECB history. By Wolf Richter for WOLF STREET. Germany is a great example of what ultra-low interest rates and massive QE do to home prices: They whip them into frenzy. And what rate hikes and QT […]
Energy News Beat ENB Pub Note: Interesting points were raised by Andrew Korybko. The Biden administration has lost so much street cred on the world stage that everyone is expecting false flags being tried by them to get into another war. United States legislators have made such comments in public forums this week. Several were […]
Energy News Beat Summary: The National Oceanic and Atmospheric Administration (NOAA) is an agency within the United States Department of Commerce that is responsible for monitoring and predicting changes in the Earth’s environment. As a government agency, NOAA operates under the authority of the federal government and is primarily funded by taxpayer dollars. This article […]
Energy News Beat (Bloomberg) — The U.S. extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies. The so-called Extended Continental Shelf covers about 1 million […]
Energy News Beat Germany’s state-controlled firm Securing Energy for Europe (Sefe) and Equinor signed on Tuesday one of the biggest-ever natural supply deals for Norway’s energy giant worth an estimated $55 billion (50 billion euros). Equinor will supply Germany’s Sefe with around 10 billion cubic meters (bcm) of natural gas per year from January 1, 2024 until […]
