Category: Energy News Beat

Karpowership, MAN ink deal for 48 dual-fuel engines

Energy News Beat Turkey’s Karpowership, part of Karadeniz, and German engine maker MAN Energy Solutions have signed a contract for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of powerships. MAN said in a statement that the engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output of 20.7 […]

LNG Tankers Divert From Red Sea as Qatar Warns of Escalation

Energy News Beat Qatar rerouted three vessels heading to Europe via Suez Canal Russia also avoiding key waterway as Houthi attacks continue Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants and warnings of escalation from Doha. The LNG tankers are joining a […]

Shell sells Nigerian onshore unit

Energy News Beat LNG giant Shell has agreed to sell its Nigerian onshore subsidiary SPDC to Renaissance for up to $2.4 billion. Renaissance is a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. The companies are ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin. […]

Davos 2024: Climate imperatives centre stage as global leaders wrestle with historic challenges, activist scepticism

Energy News Beat The World Economic Forum (WEF) annual meeting in Davos, Switzerland, has thrust climate change into the limelight as leaders grapple with the pressing challenges outlined in the WEF’s Global Risks report. With COP28 fresh in memory and the climate crisis topping the list of the next decade’s biggest risks, governments and business […]

Beware the WEF’s new misinformation panic

Energy News Beat AI-powered lies and manipulation constitute the gravest threat to humanity. At least this is the dystopian scenario espoused by the collective wisdom of 1,500 experts surveyed in the World Economic Forum’s 2024 Global Risks Report last week. Unfortunately, such outbreaks of “elite panic” are a recurring phenomenon. Whenever the public sphere is expanded through […]

No calling in sick or waiting for a nice day – the grid has to perform on the worst of them

Energy News Beat Saturday night, the middle of the cold snap, was something to be endured. Things break at -36 degrees. A quick run to the grocery store was rerouted by a fleet of city vehicles tearing up the street in a considerable manner, most likely chasing a broken water main or some such. Imagine […]

Chicago-area Tesla charging stations lined with dead cars in freezing cold: ‘A bunch of dead robots out here’

Energy News Beat Desperate Tesla owners in and around Chicago were seen trying to charge their vehicles with no luck amid frigid temperatures that have gripped the Midwest. Charging stations have essentially turned into car graveyards in recent days as temperatures have dropped to the negative double digits, Fox Chicago reported. “Nothing. No juice. Still on zero percent,” Tyler […]

Here’s the Climate Dissent You’re Not Hearing About Because It’s Muffled by Society’s Top Institutions

Energy News Beat As the Biden administration and governments worldwide make massive commitments to rapidly decarbonize the global economy, the persistent effort to silence climate change skeptics is intensifying – and the critics keep pushing back.  This summer the International Monetary Fund summarily canceled a presentation by John Clauser, a Nobel Prize-winning physicist who publicly disavows the existence […]

Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall

Energy News Beat Nasdaq U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation was on track to hit record highs. In Texas the state’s power grid operator, the Electric Reliability Council of Texas (ERCOT), forecast electric demand […]

Houthis strike U.S. merchant vessel after targeting warship

Energy News Beat Oil Price Hours after targeting a U.S. warship with a cruise missile in the Red Sea, Yemen’s Iran-backed Houthis fired a missile and struck a U.S.-owned merchant vessel in the Gulf of Aden, giving further momentum to the escalation of this conflict. Early on Monday, the Houthis fired a missile at the […]