In a significant move within the renewable energy sector, Danish energy giant Orsted has divested its entire European onshore renewables business to Copenhagen Infrastructure Partners (CIP) for €1.44 billion, equivalent to approximately $1.7 billion. This transaction marks the completion of Orsted’s planned divestment program, allowing the company to sharpen its focus on offshore wind development […]
In a significant setback for the Trump administration’s efforts to curb offshore wind development, U.S. District Judge Royce C. Lamberth ruled on February 2, 2026, to allow construction to resume on Ørsted’s Sunrise Wind project off New York’s Long Island. The decision lifts a federal halt imposed under President Donald Trump, marking the fifth court […]
By Stuart Turley, Energy News Beat As the global energy landscape continues to evolve, liquefied natural gas (LNG) remains a cornerstone of the transition toward cleaner fuels. At the LNG2026 conference in Doha, Qatar, Wael Sawan, CEO of Shell—the world’s leading LNG trader—highlighted the sector’s robust outlook, stating that the global LNG market is expanding […]
In a landmark move shaking up the U.S. shale industry, Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. (NYSE: CTRA) have announced an all-stock merger valued at approximately $58 billion in combined enterprise value. The deal, unveiled on February 2, 2026, aims to forge a premier shale operator with enhanced scale, diversified assets, and […]
The global energy crisis has exposed vulnerabilities in supply chains, driving up prices and underscoring the fragility of overreliance on imports. Energy security, once a secondary concern, is now a cornerstone of national policy, ensuring stable access to affordable resources amid disruptions. Countries are turning inward, ramping up domestic production to shield economies from external […]
Liberty Energy Inc. (NYSE: LBRT), a leading provider of hydraulic fracturing and other oilfield services, reported its financial and operational results for the fourth quarter and full year of 2025 on January 28, 2026. Despite a challenging year marked by oil market volatility and reduced industry activity, the company demonstrated resilience through technological advancements and […]
The silver market’s dramatic plunge on January 30, 2026, has left investors reeling, wiping out trillions in market value and sparking widespread debate about manipulation, market fundamentals, and broader economic implications. Spot silver prices collapsed 37% in a single session, marking the worst day on record, while futures plummeted 31.4% to settle at $78.53—an unprecedented […]
In a move that echoes the historical tenets of the Monroe Doctrine—asserting U.S. influence in the Western Hemisphere—the Danish shipping giant A.P. Møller-Maersk A/S has stepped in to temporarily operate two key ports at the entrances to the Panama Canal. This development follows a Panamanian Supreme Court ruling that annulled the long-standing concession held by […]
In a landmark development for the U.S. energy sector, Pacifico Energy has secured approval for its GW Ranch project in Pecos County, West Texas. This 7.65 gigawatt (GW) gas-fired power campus, combined with 1.8 GW of battery storage and 750 MW of solar capacity, has been hailed as the largest permitted power project in the […]
Given the impact of AI and Data Center demand on a previously flat growth market, we need to examine the overallocation of resources to integrate wind, solar, and storage into a grid system not designed for intermittent power sources. Consumers in Blue states pay an average of 38% more for energy, and it is not […]
