Energy News Beat The third liquefaction train at Chevron’s giant Gorgon LNG plant in Western Australia has returned to full production, Chevron told LNG Prime on Wednesday. A Chevron spokesperson said that Gorgon Train 3 had returned to full production “over the past few days.” The spokesperson did not provide any additional information. Earlier this […]
Energy News Beat 22 Nov, 2023 06:47 HomeIndia The joint exercise in the Bay of Bengal is aimed at countering global threats and ensuring safe shipping in the Asia-Pacific region, Moscow said The Russian and Indian navies are holding joint drills in the Bay of Bengal, the Russian Ministry of Defense announced on Tuesday. The […]
Energy News Beat Oil Price Some American clean energy and technology startups are struggling to keep afloat while waiting for the U.S. Administration to disburse the pledged loans and funds under the landmark Inflation Reduction Act (IRA). Source: Oil Price Several startups have already filed for bankruptcy, others have flagged the ability to continue as […]
Energy News Beat The forest biomass energy industry took a major hit this month, as Enviva, the world’s largest producer of wood pellets — burned in former coal power plants to make energy on an industrial scale — saw catastrophic third quarter losses. Enviva’s stock tanked, its CEO was replaced and the company seems near […]
Energy News Beat Türkiye’s state pipeline operator Petroleum Pipeline Corporation (BOTAŞ) signed an agreement with Algeria’s state oil and gas firm Sonatrach to extend their existing deal for another three years, Energy Minister Alparslan Bayraktar said Tuesday. Under the deal signed during an official visit to Algiers by President Tayyip Erdoğan, Türkiye will continue to buy […]
Energy News Beat When I say the cleaving is becoming tenuous, do not take that expression to indicate the Western global alliance will back down, they will not. However, as the fracturing of the global economic systems cleave into two very distinct formations, the citizens forced to live in the Western control system are going […]
Energy News Beat The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world’s most important oil chokepoint because large volumes of oil flow through the strait. In 2022, its oil flow averaged 21 million barrels per […]
Energy News Beat Nearly 14 years after “Gasland” was released, numerous studies have contradicted its claims about fracking, and its dire predictions didn’t come to pass. Despite dozens of studies that dispel those claims, proponents say anti-fracking activists is based on ideology and not science. The Oscar-nominated and Emmy-winning documentary Gasland is often credited with spawning the movement […]
Energy News Beat Despite Africa’s monumental fossil fuel and renewable energy potential, it faces high energy poverty levels, according to a new report. And while efforts to shift to clean energy in Africa are positive – with several countries taking advantage of the enormous renewable energy potential – these efforts need to be coupled with the […]
Energy News Beat Sustainability funds should be able to hold traditional energy shares because excluding them is denying investors one of the best ways to bet on a shift to renewable energy, a senior ESG executive at Deutsche Bank’s Private Bank said on Tuesday. Fossil fuel stocks have boomed since Russia’s invasion of Ukraine in […]
