Author: Stu

US LNG exports reach 28 cargoes

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 28 LNG vessels is 106 Bcf. This compares to 31 LNG vessels and 116 Bcf in the week ending August 20. According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals […]

How Liberty Energy Plans to Power AI Data Centers and Dominate U.S. Energy with Gas + Nuclear

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Ron Gusek, CEO of Liberty Energy, for a deep dive into Liberty’s mission to achieve U.S. energy dominance through resilient oilfield services and cutting-edge power innovation. They discuss Liberty’s electric frac fleets, data center microgrids, natural gas and SMR partnerships, […]

U.S. Shale is Not Maxed Out Yet, and Don’t Rule Out the Other Plays in the States

The narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging demand drivers reveals a resilient industry far from exhaustion. While some industry voices suggest that shale oil output may have […]

Climate Zealots Shut Down Britain’s Biggest Untapped Oilfield

This Will Only Increase Energy Prices for the Already Struggling UK In a move that reeks of ideological overreach, climate activists and stringent environmental regulations have effectively halted development of Rosebank, Britain’s largest untapped oilfield. Located 130 kilometers northwest of Shetland in deep waters, Rosebank holds an estimated 336 million barrels of oil equivalent, including […]

U.S. retail gasoline prices lower than last year heading into Labor Day

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On August 25, 2025, the Monday before Labor Day weekend, the retail price of regular gasoline averaged $3.15 per gallon (gal) across the United States, 5% (or 17 cents/gal) lower than at the same time last year. The cost of crude oil typically accounts for a little […]

Germany’s DET launches commercial ops at second Wilhelmshaven FSRU

DET stated in a press release on Thursday that this was preceded by several weeks of test operations, which included a series of functional and performance tests. The terminal had already received its approval under hazardous incident regulations from the Oldenburg Trade Supervisory Authority (GAA) on August 1 without any objections, the state-owned firm said. […]

India charts $1trn maritime investment roadmap

Ministry of Ports, Shipping and Waterways India has unveiled a $1trn investment plan to drive growth across ports, shipping and logistics, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said at an ambassadors’ conclave in Delhi on Wednesday. The roundtable, attended by representatives from 28 nations and industry stakeholders, was organised as a lead-up […]

More details emerge about HD Hyundai yard merger

AsiaShipyards HMD HMD HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of the HD Hyundai shipbuilding empire, has provided more details of the decision to merge its two flagship yards.  Splash reported yesterday on the news that HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD), both based in Ulsan, will […]

Russia Uncovers 511 Billion Barrels of Oil Beneath Antarctica: A Find That Could End the Continent’s Era of Peaceful Use

In a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy depths of Antarctica. This figure dwarfs Saudi Arabia’s proven reserves by nearly double and exceeds the North Sea’s total output […]

Phillips 66 Starts to Wind Down Los Angeles Area Refinery Next Week

In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with full idling expected by the fourth quarter. This closure, affecting a facility that employs around 600 workers and 300 contractors, […]