Kospo said it will receive a total of 4.4 million tons of natural gas from Kogas for 10 years from 2027. Unlike the existing “average rate system” where Kogas supplies gas uniformly to all power generators at the average price of all its LNG import contracts, this contract includes the “individual pricing system”, according to […]
In a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including Saudi Arabia and Russia, are set to discuss and likely approve an addition of approximately 137,000 barrels per day (bpd) […]
In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Bill Mazzetti of Rosendin to break down the explosive growth of AI-driven data centers, behind-the-meter power strategies, and the future of energy infrastructure in the U.S. From Abilene’s gas-turbine projects to modular nuclear, battery mandates, and California’s near-blackout save, this […]
Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK […]
In a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan’s exclusive economic zone (EEZ), marking a new phase in Beijing’s “gray-zone” tactics against the island. According to recent reports, the state-owned China National Offshore Oil Corporation (CNOOC) has […]
September 6, 2025In a dramatic escalation of immigration enforcement, U.S. Immigration and Customs Enforcement (ICE) conducted a large-scale raid on Hyundai’s electric vehicle (EV) battery manufacturing plant in Bryan County, Georgia, resulting in the detention of 475 individuals. The operation, described by Homeland Security Investigations as the largest single-site immigration raid in recent years, has […]
In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, Tennessee. This initiative marks the initial stage of what could become a $1.68 billion Advanced Fuel Center, poised to revolutionize […]
ENB Pub Note: This article from Oilprice.com is an excellent follow-up to my stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped, and Russia Wins in China with New Pipeline. This could have been avoided had President Trump not listened to the war mongers and actually listened to […]
Data source: U.S. Energy Information Administration analysis based on International Energy Agency, Global Trade Tracker, and Vortexa Note: LNG=liquefied natural gas. figure data Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal exports have declined when compared with 2021. Russian exports to Europe have decreased most notably due to a mix of […]
Under the sales and purchase agreement, EQT will purchase 1.5 million tonnes per annum (mtpa) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, according to statements by NextDecade and EQT. The deal remains subject to NextDecade making a positive final investment decision (FID) on Train […]
