Category: Energy News Beat

Houthis attack tanker carrying Russian oil product – reports

Energy News Beat The vessel shipping for trading giant Trafigura is reportedly transporting Russian-origin naphtha for making plastics, gasoline A petroleum-products tanker operated on behalf of Trafigura was struck by a Houthi missile in the Gulf of Aden after transiting the Red Sea, several outlets reported on Friday, citing the commodities-trading giant. According to Marine Traffic, […]

TPPF’s Mark P. Mills Denounces Biden Administration’s Halt on LNG Exports

Energy News Beat AUSTIN — Today, in a partisan move aimed at shoring up President Joe Biden’s support from climate activists, the Biden administration announced a halt to the permitting of Liquefied Natural Gas (LNG) export terminals. Mark P. Mills, Distinguished Senior Fellow for energy policy with the Texas Public Policy Foundation, released the following statement on […]

On the Surface, PCE Inflation Is Encouraging, But Beneath it, Core Services Accelerated, Housing Stuck at 5.7% for Six Months

Energy News Beat And a look back at the head-fakes core services inflation dished up last time with this type of inflation. By Wolf Richter for WOLF STREET. So right up front – and the Fed has been talking about this, though no one listens: The “core services” PCE price index has gotten stuck at 3.5% over the […]

Mining People: Forum Energy, Moneta/Nighthawk, Galway, Newmont, Snowline, World Copper

Energy News Beat   ​ Management changes announced this week: Bravo Mining named Heather Laxton as corporate secretary. Forum Energy Metals named Allison Rippin Armstrong VP Nunavut affairs. Galway Metals promoted Jesse Fisher to project manager, Clarence Stream, and hired Robert Richard as head of exploration. As Moneta Gold and Nighthawk Gold merge their companies, […]

White House Implements Nakedly Political Delay in LNG Export Approvals – David Blackmon

Energy News Beat ENB Pub Note: I highly recomend subscribing to David Blackmon’s Substack HERE: https://blackmon.substack.com/p/white-house-implements-nakedly-political?r=2ey9k&utm_campaign=post&utm_medium=web  David’s industry opinions and knowledge are right on target. Prepare for more sweeping negative impacting energy policies from the Biden administration. If you’ve been wondering how much lower the Biden White House would go to appease their radical climate […]

Yemen’s Houthis say they targeted oil tanker Marlin Luanda in Gulf of Aden

Energy News Beat CAIRO, Jan 26 (Reuters) – Yemen’s Houthis said on Friday their naval forces carried out an operation targeting “the British oil tanker Marlin Luanda” in the Gulf of Aden causing a fire to break out. They used “a number of appropriate naval missiles, the strike was direct,” the Houthi military spokesperson Yahya […]

REEs used in medical field pollute wastewater, spur superbugs

Energy News Beat   ​ Pollution from environmental rare earth elements (REEs) has increased due to the widespread use of these metals in medical applications. This has implications for the development of superbugs, new research has found. According to a paper published in the journal Frontiers of Environmental Science & Engineering, gadolinium (Gd) is commonly […]

Codelco names mining veteran Braim Chiple as CCO

Energy News Beat   ​ Chile’s state-owned copper giant Codelco has named Braim Chiple as its new chief commercial officer, in the latest of a series of top positions changes in the past year, as the miner grapples with falling production and its new role in the country’s lithium industry. Chiple, who comes from the private […]

BHP to review $9.7 billion charge over Brazil dam failure

Energy News Beat   ​ BHP (ASX: BHP) said on Friday it had yet to receive a formal notification from Brazilian authorities about a court decision sentencing it to pay 47.6 billion reais ($9.7 billion) in damage repairs over a burst tailings dam in 2015. The world’s largest miner said the fine is part of a […]

Biden pauses approval of LNG projects after pressure from climate activists

Energy News Beat WASHINGTON, Jan 26 (Reuters) – President Joe Biden paused approvals for pending and future applications to export liquefied natural gas from new projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election. The Department of Energy (DOE) will conduct a […]