Category: Energy News Beat

Musk’s DOGE claims multi-trillion gap in US government spending

Energy News Beat   Some $4.7 trillion in federal payments remained untraceable, as the Treasury did not enforce a tracking code Elon Musk’s Department of Government Efficiency (DOGE) claims has uncovered a massive gap of nearly $5 trillion in US federal spending that it cannot account for. DOGE has claimed that Treasury records made some payments […]

RWE commissions 220MW of battery storage systems in Germany

Energy News Beat Energy giant RWE has commissioned 220MW of battery storage systems in Germany to help stabilise the grid. The Hamm and Nurath project consists of 690 battery cabinets with eight battery modules each and is capable of reaching its nominal capacity “within seconds”. Around 140MW of capacity is located in Hamm and 80MW […]

Woodside in Talks to Sell Stake in Louisiana LNG

Energy News Beat Woodside has talked to at least three potential partners for the Louisiana LNG project, Reuters has reported, citing unnamed sources as saying the suitors include Japan’s JERA and Tokyo Gas, along with Aramco-backed MidOcean Energy. Per media reports, the Australian energy major is looking to sell 50% of Louisiana LNG’s first phase […]

Will OPEC Sit Back as Non-OPEC Oil Gains Ground?

Energy News Beat The U.S. Energy Information Administration forecasts non-OPEC crude oil production to increase by 1.8 million barrels per day this year. OPEC+ has maintained output cuts for three years, reducing its global market share from 53% in 2016 to 47% in 2024. Global crude inventories are shrinking, with OECD stocks falling below the […]

Trump’s No-Prisoners Approach to Iran-China Oil Crackdown

Energy News Beat The Trump administration is intensifying its crackdown on Iranian oil shipments to China. Unlike his first term, Trump’s second presidency is actively using economic and geopolitical pressure. The Trump administration is targeting tankers, brokers, financiers, and shipping hubs that facilitate Iranian oil exports to China. The second presidency of Donald Trump has […]

Ukraine rejects US bid for 50% of rare earth minerals, FT says

Energy News Beat Ukraine has rejected a bid by the US to own 50% of the country’s rare earth minerals, as President Volodymyr Zelenskiy seeks to negotiate a better deal, the Financial Times reported. US Treasury Secretary Scott Bessent presented the proposal to Zelenskiy in a draft contract, which was brought to their meeting on Wednesday, NBC reported earlier, […]

Is the war on coal over?

Energy News Beat Is the war on coal over? You do not want to miss this episode of the LIVE Energy Realities Podcast on LinkedIn, X, and YouTube. David Blackmon, Tammy Nemeth, Irina Slav, and Stu Turley host a wild topic that we secretly had on our Bingo Cards: “Is the War on Coal Dead?” […]

Trump’s Reality Check: The Ukraine conflict won’t be settled like a business deal

Energy News Beat ENB Pub Note: Check out the articless on the George McMillian page on how we got here.  How will the situation develop if the US president’s efforts to end the war fail? ‘Deal’ – it’s the key word in Donald Trump’s vocabulary and he’s built his career on striking them, but as […]

The Crude Truth about Russian Sanctions, and the upcoming Russian Peace talks in Saudi Arabia

Energy News Beat It was truly an honor to be on the Crude Truth podcast with Rey Trevino, David Blackmon, and Dr. Ed Ireland. There are two videos below; the first is a short 7-minute part about the Russian/Ukraine war peace talks. The Second video is the full interview from Rey’s YouTube feed with the […]

Why China is Winning the Nuclear Energy Race

Energy News Beat China has significantly increased its nuclear energy capacity in the last decade, positioning it to become the world’s largest nuclear energy producer. China is actively developing and deploying advanced nuclear technologies, such as small modular reactors and thorium-fueled reactors, outpacing Western development in these areas. The cost and time required to build […]