The Iran-flagged Forest, one of Iranian state-owned NIOC’s vessels that has supplied irregular shipments of gasoline to Venezuela since mid-2020, unloaded 277,000 bl of gasoline at Venezuelan state-owned PdV’s El Palito terminal on 20 February, according […]
Canadian energy company Pembina Pipeline Corp. said it could no longer specify a future start date for the proposed Jordan Cove LNG export plant in Oregon. Pembina said Feb. 25 in its fourth-quarter earnings report […]
For the second time this week, western, English-language media outlets are reporting about rumblings within the Chinese Communist Party leadership about imposing new export controls on so-called “rare-earth metals” The news, first reported earlier this week […]
Saudi Aramco has asked banks to extend by a year a US$10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil […]
Energy News Beat Publishers Note: Iran not coming to the table can mean two things: First, they can keep pumping as much oil as they can for cash. With the additional 590,000 bpd coming online […]
China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued to rise amid record industrial output and the completion of dozens of coal-fired power plants. The […]
Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout. The Electric Reliability […]
Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said on Thursday, amid signs a local LNG rival is becoming increasingly important in the European market traditionally dominated by Gazprom. Moscow has for years said […]
Energy News Beat Publishers Note: With China holding 80% of the rare earth minerals, and the lack of support to fight regulations in strip mining in the US, there seems to be some heavy lifting […]
Energy News Beat Publishers Note: There has been more stability in the middle east in the last 4 years than in decades. The peace treaties between the Arab countries and Isreal are a critical part […]
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