Category: Energy News Beat

Baker Hughes annual meeting: DOE official tries to calm LNG furor

Energy News Beat (WO) – During the first day of the Baker Hughes Annual Meeting on Monday in Florence, Italy, a U.S. DOE official tried to explain the Biden administration’s sudden move to stop issuing LNG export licenses. Supposedly, the action was taken on Jan. 26, to give the administration time to analyze how LNG […]

Fresh batch of free Russian fertilizer arrives in Africa

Energy News Beat Nigeria has taken delivery of 34,000 tons of potash donated by Russian fertilizer giant Uralchem, the company announced on Wednesday, adding that the shipment is currently being unloaded at the port of Onne. The delivery is Uralchem’s fifth humanitarian consignment to Africa’s most populous country, and takes the total amount of free […]

India set for major boost to crude refining capacity – Bloomberg 

Energy News Beat   New Delhi is planning to increase fuel production by over 20% in the next five years India is poised to significantly increase its crude refining capacity in an effort to accommodate its growing demand for fuel, Bloomberg reported on Wednesday. The world’s third-largest crude oil importer, India, seeks to raise production […]

Norway defends deep-sea mining, says it may help to break China and Russia’s rare earths stronghold

Energy News Beat In a vote earlier this month that attracted cross-party support, Norway’s parliament voted 80-20 to approve a government proposal to open a vast ocean area for commercial-scale deep-sea mining. It makes the northern European country the first in the world to move forward with the process of extracting minerals from the seabed. […]

NATO’s big hitters oppose Ukrainian membership – FP

Energy News Beat Washington and Berlin reportedly believe that admitting Kiev into the alliance would risk a full-scale clash with Moscow The US and Germany are resisting calls by NATO allies to invite Ukraine into the bloc at a major summit later this year, fearing that the move could trigger a full-scale clash with Russia, […]

NYK, Jera seal LNG carrier charter deal

Energy News Beat Japan’s shipping giant NYK and compatriot power firm and LNG importer Jera have signed a ten-year charter agreement for one 174,000-cbm LNG carrier. According to a statement by NYK, the vessel will be built by South Korea’s Hyundai Samho Heavy Industries and is scheduled to begin transporting LNG for Jera after completion […]

US Republicans move to impeach Homeland Security chief

Energy News Beat Alejandro Mayorkas is accused of failing to enforce immigration laws at the border with Mexico Republican lawmakers took another step on Wednesday towards launching an impeachment process against US Homeland Security Secretary Alejandro Mayorkas. The official is accused of failing to secure the border with Mexico, which has seen a record number […]

Russia plays leading role in BRICS – South African sherpa

Energy News Beat Russia’s presidency of BRICS has resulted in a total revamp of the organization, South African sherpa Anil Sooklal has told RT in an exclusive interview. Sookhal, who is also his country’s sherpa for the G20 and IBSA (India-Brazil-South Africa), recalled that Moscow is one of the founding members of the bloc and […]

Trump nominated for Nobel Peace Prize

Energy News Beat Republican lawmaker Claudia Tenney cited the ex-US president’s role in facilitating the “historic” Abraham Accords Former US President Donald Trump has been put forward for the Nobel Peace Prize for his role in the signing of a treaty that helped normalize relations between Israel and several Arab states. The proposal was made […]

Nebula takes majority stake in AG&P LNG

Energy News Beat US investment and asset management firm, Nebula Energy, has purchased a majority stake in AG&P LNG, a unit of Singapore-based AG&P. According to a statement by AG&P, Nebula Energy is investing $300 million in AG&P LNG platform to fast-track LNG terminal development across emerging markets in South and Southeast Asia. AG&P, which […]