Mitsui OSK Lines (MOL) has claimed a world-first onshore supply of green hydrogen produced on a sailing ship. As part of its “Wind Hunter” project, the Japanese shipowner used a demonstration yacht, Winz Maru, to […]
Rapid Response 47 / The White House Rodolphe Saadé was in the White House yesterday, unveiling a $20bn planned investment into the US. The huge investment over the next four years would create 10,000 jobs, […]
According to a statement by PipeChina’s LNG terminal management unit on March 4, the company is offering both medium- to long-term and annual service slots for 10 LNG terminals. PipeChina LNG Terminal Management currently operates […]
AmericasOffshore Legislation to repeal a rule adding costs to offshore drilling imposed by the Biden administration has been repealed after a vote in Congress. Representatives from the Republican party used the Congressional Review Act to […]
Norwegian oil and gas player DNO has reached an agreement to acquire all of the shares of Sval Energi from private equity firm HitecVision for a cash consideration of $450m. DNO said in an Oslo […]
Quantitative Tightening has shed 25% of total assets from peak and 46% of pandemic QE. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $54 billion in February, to $6.76 trillion, the […]
Surge of imports not a sign of weak demand, on the contrary, but imports deduct from GDP. By Wolf Richter for WOLF STREET. The tariff chaos continues with a constant barrage of announcements of new tariffs followed by […]
FIRST ON FOX: Energy Secretary Chris Wright and Interior Secretary Doug Burgum are traveling to a Louisiana-based liquefied natural gas exporter Thursday, as the company announces a massive $18 billion expansion of its existing facility — […]
Danish product tanker owner Torm has continued its sell-off of older tonnage with three ships set to exit the fleet. The New York and Copenhagen Nasdaq-listed firm is shipping out 2005-built MR tankers the 46,200 […]
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables […]
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