Category: Energy News Beat

Biden Orders Clean Energy For AI Infrastructure In Another Last-Minute Green Energy Push

Energy News Beat Biden signed an exec order to boost AI infrastructure and clean energy while restricting Chinese exports and cracking down on offshore drilling. ​ President Joe Biden signed an executive order Tuesday, just six days before he leaves office, that aims to bolster the United States’ artificial intelligence (AI) infrastructure and “accelerate the […]

Russia strikes key Ukrainian gas storage facility – MOD

Energy News Beat The Russian Defense Ministry has givben details of Wednesday’s attack on Kiev’s energy infrastructure Russia has targeted Ukraine’s critical energy infrastructure in response to recent attacks on Russian territory using Western-supplied long-range missiles, the Russian Defense Ministry announced early Thursday. The combined strikes, carried out on the morning of January 15, involved […]

TotalEnergies says Q4 LNG results to benefit from higher production

Energy News Beat “Integrated LNG results are expected to benefit from a 6 percent increase in production, LNG realizations above $10/MMBtu and stronger gas trading that is back to the performance of the fourth quarter 2023,” TotalEnergies said on Thursday. The company’s integrated LNG adjusted net income reached about $1.46 billion in the fourth quarter […]

MET supplies gas to Czech Republic via German LNG terminal

Energy News Beat MET revealed this on Thursday announcing its entry into the Czech market through its Prague-based subsidiary MET Česká Republika. As a first step, the company will focus on supporting Czech wholesale energy market participants, such as large energy-intensive industrial companies and utilities – with an aim of offering its services to smaller […]

Novatek’s gas sales drop in 2024

Energy News Beat Novatek said in its preliminary report issued on Thursday that the company’s natural gas sales reached 77.76 bcm in 2024. This compares to 78.63 bcm in 2023, which makes a rise of 2.7 percent year-on-year. Novatek did not break down the 2024 gas sales just to LNG, as it had done in […]

World oil prices surge on latest Russia sanctions

Energy News Beat The International Energy Agency had earlier warned that US restrictions could disrupt global supply chains Global oil prices soared on Wednesday after the US announced a new sanctions package targeting the Russian oil sector. The rally has also been supported by a drawdown in US crude stockpiles. According to market data, Brent […]

Scotland gets 2 GWh of battery storage

Energy News Beat Two major projects in Scotland will be getting 2GWh of storage to help the grid despatch renewable power. Canadian Solar announced that its subsidiary e-STORAGE, will deliver battery energy storage systems for two major projects in Scotland. The planned Coalburn 2 will be situated in South Lanarkshire on the former Broken Cross […]

Department of Energy funding to boost community-led geothermal projects 

Energy News Beat ​[[{“value”:” Two community-based geothermal pilot projects, each led by equity-focused nonprofits, have advanced to the second phase of funding through a U.S. Department of Energy program.  Blacks in Green, a community organization based in Chicago, and Home Energy Efficiency Team, a Boston-based nonprofit dedicated to promoting an equitable transition to clean energy, […]

A symbolic gesture or Trojan horse? Ohio groups question purpose of ‘green’ nuclear bill 

Energy News Beat ​[[{“value”:” Ohio environmental advocates are questioning the intent of a pending state law that would add nuclear power to the state’s legal definition of “green” energy. House Bill 308’s sponsors say the legislation is meant to signal that Ohio is open for business when it comes to nuclear power research and development, […]

South Korea awards almost 1.9GW of offshore wind capacity

Energy News Beat Equinor South Korea’s Ministry of Trade, Industry, and Energy has awarded nearly 1.9GW of offshore wind capacity across five projects in the country’s latest offshore wind auction. More precisely, the ministry awarded 1,886MW of offshore wind capacity across three fixed-bottom projects, one of which is in two phases, and one floating wind […]