Category: Energy News Beat

Pakistan launches tender for one spot LNG cargo

Energy News Beat State-owned Pakistan LNG has released a tender inviting firms to submit bids for one spot LNG shipment for delivery in January. Pakistan LNG is seeking one 140,000 cbm cargo on a delivered ex-ship (DES) basis and the delivery window is January 8-9, 2024, according to a document released on November 20. Also, […]

Commentary: Despite Maine defeat, public power still on the agenda in the U.S.

Energy News Beat ​ This commentary was submitted by Holly Caggiano, Ph.D., assistant professor in the School of Community and Regional Planning at the University of British Columbia, and Sara Constantino, Ph.D., assistant professor in the Psychology Department and the School of Public Policy and Urban Affairs at Northeastern University. See our commentary guidelines for […]

Critics say Indiana utility is ‘backsliding’ on clean energy goals with planned gas plant

Energy News Beat ​ Northern Indiana Public Service Co. is planning to build a 400-megawatt natural gas-fired power plant that critics say is unnecessary, out of step with clean energy goals, and happening outside the usual planning process.  In September, the utility asked the Indiana Utility Regulatory Commission for a needed certificate of public convenience […]

Climate ‘Enron’ May Be Heading For A Crash

Energy News Beat Authored by Duggan Flanakin via RealClear Wire, The modern American version of “the environmental emperor has no clothes” until now has been the rise and fall of Enron. As former Ken Lay speechwriter Robert Bradley, Jr., says, “(T)he cause of Enron’s financial bankruptcy were at root philosophical…. Enron’s leaders were certainly engaged […]

Daily Energy Standup Episode #255 – Net-Zero Realities, Geopolitical Strains, and Energy Sector Turbulence

Energy News Beat Daily Standup Top Stories Opinion: Net-zero policies colliding with economic reality November 17, 2023 Mariel Alumit Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at play. The inconvenient truth is that the clean energy transition is not unfolding as foretold. Three decades […] EU state […]

OPEC+ to consider whether more oil cuts needed – sources

Energy News Beat OPEC+ meets to set policy on Nov. 26 Oil has fallen to four-month low this week Saudi Arabia expected to extend voluntary cut – Energy Aspects MOSCOW/LONDON, Nov 17 (Reuters) – OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ […]

EU state threatens to block new sanctions on Russia

Energy News Beat The Slovak foreign minister rejects Brussels’ proposal to add nuclear fuel supplies to the upcoming round of penalties The government of Slovakia will not support restrictions on imports of nuclear fuel from Russia as part of a 12th package of EU sanctions that is currently being discussed by member states, Foreign Minister […]

Foreign buyers moving away from US debt – WSJ

Energy News Beat Share of US Treasuries owned by overseas holders has shrunk significantly in ten years, the newspaper reports Demand for US outstanding government debt from overseas buyers has significantly reduced with share of Treasury bonds hold by foreign private investors and central banks dropping to around 30% from some 43% ten years ago, […]

Russian electric SUV launches on domestic market

Energy News Beat Russian electric vehicle maker MotorInvest has launched production of its latest SUV model, the Evolute i-SKY, RIA Novosti reported on Thursday. The vehicle, a mid-size crossover SUV with a range of over 500km on a single charge, will be assembled by MotorInvest at a factory in Lipetsk Region. The car is already […]

Bloomberg outlines how Russia has shrugged off sanctions

Energy News Beat Key sectors of the Russian economy have adapted to sanctions or completely recovered from them, as the country shows a greater level of resilience than Western governments had expected, Bloomberg reported on Thursday. Industries ranging from manufacturing and airlines to banking have found ways to adjust to sanctions “aimed at tanking the […]