Category: Energy News Beat

California and Big Oil are splitting after century-long affair

Energy News Beat Jan 29 (Reuters) – It is the end of an era for Big Oil in California, as the most populous U.S. state divorces itself from fossil fuels in its fight against climate change. California’s oil output a century ago amounted to it being the fourth-largest crude producer in the U.S., and spawned […]

Wind turbine explodes after bursting into flames at quiet Welsh farm, showering broken parts to the ground

Energy News Beat Walkers enjoying a quiet stroll in the Welsh countryside captured a shocking sight on Sunday, after a wind turbine burst into flames before exploding. Nick Blasdale, 61, and his wife Alison, 59, were left stunned when they saw burning parts of a turbine fall more than 100ft to the ground. Firefighters were […]

European Energy Cancels Wind Project Offshore Denmark

Energy News Beat The Danish company European Energy has decided to cease the development of the Omø Syd (Omø South) offshore wind project in Denmark. European Energy has been developing the Omø South offshore wind project for over ten years and had its environmental impact assessment (EIA) approved in 2020, together with its other project in Denmark, […]

Liquefied Natural Gas Has Limited Impact in Displacing Coal Emissions

Energy News Beat Holding global temperature rise to below 1.5 °C above preindustrial levels requires the world to accelerate the transition away from all fossil fuels, including fossil gas, starting this critical decade. The fossil fuel industry is selling a false narrative that liquefied natural gas (LNG) expansion is a “climate solution” because it displaces […]

Oil Ticks Higher on Significant Inventory Draw

Energy News Beat Crude oil prices today inched higher after the Energy Information Administration reported an inventory draw of 9.2 million barrels for the week to January 19. This compared with a draw of 2.5 million barrels for the previous week, whose effect on prices was muted, however, because of another round of substantial inventory builds in gasoline and […]

GAIL and ADNOC Gas ink a Long-term LNG contract

Energy News Beat New Delhi, Jan 29 GAIL (India) Limited, India’s largest Natural Gas company, has successfully concluded a long-term LNG purchase agreement for purchase of around 0.5 MMTPA LNG from ADNOC Gas. This is pursuant to an MoU dated 30.10.2022 between GAIL and Abu Dhabi National Oil Company (ADNOC) P.J.S.C wherein Parties agreed that, in potential areas […]

Electric buses are sitting unused in cities across the US; here’s why

Energy News Beat Between the federal government, states and municipalities, untold billions in taxpayer dollars have been spent adding electric buses to transit fleets across the U.S. in an effort to reduce carbon emissions. However, cities from coast-to-coast are grappling with broken-down e-buses that cannot be fixed, are too expensive to fix, or they have […]

Europe Demand to Drive $223B Gas Investment in Next Decade: Study

Energy News Beat Europe’s demand for gas is driving $223 billion in new investment to produce the fuel globally during the next decade, according to a new study that casts a spotlight on the region’s broad carbon footprint even as it tries to rein in emissions. Two US liquefied natural gas companies — Venture Global LNG Inc. […]

Globalists Are Using ‘Green Energy’ to Destroy Our Way of Life

Energy News Beat In 10 years before the proverbial 2035 date when many mandated transitions to “green electricity” occur to reduce or eliminate usage of fossil fuels, most of today’s elected officials, policy advisers, and policymakers are: Mostly NOT trained in engineering. Only from wealthy countries. Unaware of the engineering reality that without the petrochemicals […]

Houthis claim missile attack on US warship

Energy News Beat The USS Lewis B. Puller was targeted in the Gulf of Aden, the Yemeni armed group has said. Houthi militants fired a missile at a US warship in the Gulf of Aden on Sunday, a spokesman for the Yemen-based group has claimed. He described the incident as the latest response to American […]