Category: Energy News Beat

Drone attack prevented at Russian oil plant – governor

Energy News Beat [[{“value”:” A UAV spotted over a refinery in Yaroslavl Region was reportedly brought down using electronic warfare systems A drone was used to target an oil refinery in Russia’s Yaroslavl Region on Monday, according to local governor Mikhail Evraev. The attack was prevented using electronic warfare systems that successfully brought the UAV […]

Western Europe’s energy supply ‘vulnerable’ – Bloomberg

Energy News Beat Replacing Russian gas with liquefied natural gas (LNG) from the US has exposed the EU’s energy system to major security risks, Bloomberg has reported, citing industry experts. The US, which started exporting its shale gas only in 2016, is currently the second-biggest gas supplier to the EU after Norway. In 2023, the […]

NYK signs up for very large ammonia carriers

Energy News Beat AsiaGas HD Hyundai Broking sources report Japanese shipping line Nippon Yusen Kaisha (NYK) has joined the rush for very large ammonia carrier (VLAC) newbuilds in South Korea. The Tokyo-headquartered behemoth has been placed behind an order for three ships at HD Hyundai’s shipyard in the southeastern port of Ulsan. The deal worth […]

VLCC newbuild slots for 2027 sell out in China and South Korea

Energy News Beat Available VLCC berths at the world’s top two shipbuilding nations have all but dried up for 2027.  Tanker broker Gibson notes that 2027 delivery slots in China are over, with the possible exception of a couple of slots at Shanghai Waigaoqiao Shipbuilding and Dalian Shipbuilding Industry Co, while there are no more […]

Over $350bn in pre-FID offshore wind projects at risk

Energy News Beat OffshoreRenewables European Energy Nearly 40% of the 380GW pre-sanctioned offshore wind pipeline forecast to reach FID between 2024 and 2030 is considered under risk, a new analysis by Westwood claimed. In its recent Project Certainty White Paper, the analysis revealed that developers such as TotalEnergies and BP have the highest risk profiles, […]

Russia to launch nuclear power reactor in India this year – Rosatom

Energy News Beat [[{“value”:” Russian state atomic energy corporation Rosatom plans to commission the third unit at India’s Kudankulam nuclear power plant this year, the company’s chief executive, Aleksey Likhachev, revealed in an interview with the TV channel Russia-24 this past weekend. Located in the southern state of Tamil Nadu, Kudankulam is the largest nuclear […]

QatarEnergy, Excelerate ink long-term deal to supply LNG to Bangladesh

Energy News Beat State-owned LNG giant QatarEnergy has signed a long-term contract with US FSRU player Excelerate Energy to supply Bangladesh with liquefied natural gas. Under the SPA, Excelerate will buy up to one million tons per annum of LNG from QatarEnergy to be delivered to floating storage and regasification units in Bangladesh for 15 […]

UK funds design of first low-carbon floating wind installation vessel

Energy News Beat Renexia The UK Government has awarded funding to a Morek Engineering-led consortium to design a new class of low-carbon installation vessels for the floating offshore wind market. The consortium – which includes Morek Engineering, Solis Marine Engineering, Tope Ocean, First Marine Solutions and Celtic Sea Power – won the funding through the […]

Daily Energy Standup Episode #296 – Global Gas Dynamics, Speed Limits, and Soaring costs exposed

Energy News Beat Daily Standup Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data modeling experts who have found where the global warming narrative over the last four years has been manipulated […]

Gas-Addicted Europe Trades One Energy Risk for Another – The US is not reliable

Energy News Beat Houthi says they targeted oil tanker in Red Sea China presses Iran to rein in Red Sea Houthi attacks U.S. economic data shows faster than expected growth U.S. crude stockpile drawdown also supports HOUSTON, Jan 26 (Reuters) – Oil prices rose for a second week in a row and settled at their […]