Category: Energy News Beat

UK government sets out plans for ‘biggest nuclear power expansion in 70 years’

Energy News Beat The government has set out plans for what it claims will be Britain’s biggest nuclear power expansion in 70 years, despite concerns about faltering nuclear output and project delays. Ministers published a roadmap on Friday that recommits the government to building a fleet of nuclear reactors capable of producing 24GW by 2050 […]

Energy Realities #95 – The North American Grid – Filmed Live On YouTube on January 22, 2024

Energy News Beat ENERGY REALITIES EPISODE #95 – The North American grid Highlights of the podcast: 00:38 – The New England grid 02:28 – The usual storms that cause damage 10:03 – The grid could be 100% renewables 11:19 – The sky is not considered renewable? 13:00 – The wind and solar 16:50 – The […]

Tellurian provides update on Driftwood LNG construction

Energy News Beat US LNG terminal developer Tellurian released the latest construction update for its Driftwood LNG terminal in Louisiana, while it still works on securing financing for the project worth about $14.5 billion. Tellurian issued a limited notice to proceed to compatriot engineering and construction giant Bechtel in March 2022. Under the first phase, Tellurian aims […]

Daily Energy Standup Episode #292 – Unraveling Climate Plans, Global Gas Dynamics, and Shifting Paradigms in Davos

Energy News Beat Daily Standup Top Stories UK Climate Chiefs Admitted Net Zero Plan Based On Single Year Of Data January 22, 2024 Mariel Alumit Britain’s climate watchdog has privately admitted that a number of its key net zero recommendations may have relied on insufficient data, it has been claimed. Sir Chris Llewellyn Smith, who led a […]

Egypt’s Gas and LNG: Global Challenges and Global Ambitions

Energy News Beat Egypt has a long and storied history across thousands of years. It has seen the world develop from a hunter-gatherer society to the modern globally connected world. Egypt has long relied on the presence of the Nile River to sustain the country, however in terms of energy the famous river only plays […]

The Davos consensus is finally cracking

Energy News Beat The bulk of reports percolating out of the WEF’s annual meeting have been scornful, revealing a proposed programme of enlightened elite global governance that is not going as planned. Geopolitics is back with a vengeance; the “energy transition” has turned out, so far, mostly to mean unilateral economic disarmament in favour of Russia […]

The U.S. is breaking oil-production records with fewer drilling rigs. Here’s how.

Energy News Beat U.S. oil production has been holding at or near record highs since October, topping the previous peak from 2020, even though the number of active domestic oil drilling rigs is down by nearly 30% from four years ago. Strength in oil prices and gains in investment and output efficiency have contributed to […]

UK Climate Chiefs Admitted Net Zero Plan Based On Single Year Of Data

Energy News Beat Britain’s climate watchdog has privately admitted that a number of its key net zero recommendations may have relied on insufficient data, it has been claimed. Sir Chris Llewellyn Smith, who led a recent Royal Society study on future energy supply, said that the Climate Change Committee only “looked at a single year” of data showing the […]

Oil Strategists Do Not Expect Mid East Tensions to Reduce Crude Supply

Energy News Beat In an oil and gas report sent to Rigzone recently, Macquarie strategists said they do not expect current Mid East tensions to reduce crude supply, “even with large changes to normal shipping routes already underway”. “According to our global intelligence and security colleagues Michael Bender and Mariya Dimova, no major actor wants […]

Exxon files lawsuit against investors’ climate proposal

Energy News Beat HOUSTON, Jan 21 (Reuters) – Exxon Mobil Corp (XOM.N), opens new tab on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company’s shareholder meeting in May. This is the first time Exxon is seeking to exclude a shareholder […]