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HomeTop News

Top News

The Real Risk to the Power Grid by Grok on X
AI

PPL Utilities Greenlights 1.3 GW Gas Power Plants Amid Data Center Boom

August 7, 2025 Clark Savage

AI and Data Centers Are Increasing Demand for Natural Gas and Natural Gas Turbines The rapid advancement of artificial intelligence (AI) is reshaping industries worldwide, but it’s also creating an unprecedented strain on global energy […]

Big Oil Companies

Aramco eyes large LNG portfolio

August 7, 2025 Mariel Alumit

Nasser answered a question on Tuesday during Aramco’s H1 earnings call on the company’s ambitions in the LNG industry in the next five to ten years. The CEO noted that Aramco agreed to increase its […]

Downstream

How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals

August 6, 2025 Clark Savage

In a landmark move poised to reshape America’s freight rail landscape, Union Pacific (UP) and Norfolk Southern (NS) announced a proposed $85 billion merger on July 29, 2025. This deal, if approved by regulators, would […]

Crude Oil News

EIA Reports Surprise Draw in US Crude Oil Inventories: A Bullish Signal Amid Geopolitical Tensions

August 6, 2025 Clark Savage

Welcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we’re diving into the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report, […]

Crude Oil News

Pakistan Strikes U.S. Oil Deal as Trump Jabs India

August 6, 2025 Clark Savage

In a move that underscores the shifting dynamics of global energy alliances, the United States and Pakistan have inked a significant trade and energy pact aimed at unlocking Pakistan’s untapped oil reserves. Announced by President […]

BP Appoints New Chairman with Experience of Relocation to New YorkBP to Cut 6,000 Jobs in Another Business Review
Big Oil Companies

BP to Cut 6,000 Jobs in Another Business Review

August 6, 2025 Clark Savage

In a move signaling ongoing efforts to streamline operations and boost profitability, British energy giant BP has announced plans to eliminate approximately 6,200 office-based roles this year, marking an increase from its earlier target of […]

Crude Oil News

Oil Prices Climb Slightly as Trump’s Trade Threats Counter Oversupply Fears

August 6, 2025 Clark Savage

In a volatile week for global energy markets, oil prices have edged higher, with Brent crude futures climbing to $68.70 per barrel and West Texas Intermediate (WTI) reaching $65.90 per barrel as of August 6, […]

Geopolitical

Shadow tanker fleet still growing by 30 ships a month despite increased sanctions

August 6, 2025 Stu Turley

RegulatoryTankers Despite a torrent of sanctions from the US, UK, and EU this year, the shadow tanker fleet continues to expand at pace, according to new figures from broker BRS. The so-called grey fleet (see […]

Venture Global
Exports

Venture Global gets DOE OK to boost Calcasieu Pass LNG exports

August 6, 2025 Mariel Alumit

Venture Global said the uprate approval increases Calcasieu Pass’ permitted peak liquefaction capacity from 12.0 million tonnes per annum (mtpa) to 12.4 mtpa. In a separate statement, DOE announced that it signed a final authorization […]

Exports

GasLog Partners, Excelerate wrap up $27 million LNG carrier deal

August 6, 2025 Mariel Alumit

In June 2025, GasLog Partners entered into an agreement to sell, subject to customary and other closing conditions, the 145,000-cbm LNG carrier Methane Alison Victoria to an unrelated third party for a gross sale price […]

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