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Home2025

Year: 2025

Irish
Press

Farce in Irish parliament delays new government

January 22, 2025 Mariel Alumit

  Ireland’s parliament, the Dáil, descended into chaos on Wednesday, postponing what was supposed to be a routine vote to confirm the new prime minister. The Dáil was due to elect Fianna Fáil leader Micheál […]

Refinery
Crude Oil News

How Nigeria’s $20B Refinery Disrupts European Markets

January 22, 2025 Mariel Alumit

Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria’s state oil firm, Nigerian National Petroleum Company (NNPC), marking the first […]

U.S. Sanctions
Crude Oil News

U.S. Sanctions Trigger Russian Oil Exodus

January 22, 2025 Mariel Alumit

New US sanctions have led to a significant reduction in Russian oil exports as traders halt offers. Indian refiners, including Bharat Petroleum, are struggling to secure Russian oil for March delivery. Standard Chartered predicts that […]

Prima Marine
Press

Prima Marine in for six product tanker newbuilds

January 22, 2025 Stu Turley

FKAB Thai owner Prima Marine has placed an order for six small product tanker newbuilds at China’s Ningbo Zhenhe Shipyard. The deal with an undisclosed value covers 73-m-long 2,499 dwt vessels based on FKAB design […]

Trump
International News

Trump ready to meet with Putin ‘anytime’

January 22, 2025 Mariel Alumit

  US President Donald Trump has said that he is ready to meet with his Russian counterpart Vladimir Putin anytime in order to discuss a diplomatic settlement to the conflict between Moscow and Kiev. During […]

Trump
International News

EU and UK ‘prepared’ for Trump – Politico

January 22, 2025 Mariel Alumit

  Brussels and London have reportedly devised “an arsenal of weapons” to respond to the new US president’s policies on trade and Ukraine The European Union and the United Kingdom are well prepared for a […]

Venture Global
LNG

Venture Global LNG slashes IPO price range

January 22, 2025 Mariel Alumit

Venture Global initially planned to offer 50 million of its Class A common stock priced between $40 and $46 each, seeking to raise up to $2.3 billion. Based on the outstanding shares listed in the […]

Oracle
International News

Oracle boss pledges individual AI MRNA cancer vaccines

January 22, 2025 Mariel Alumit

Larry Ellison made the announcement at the White House as President Donald Trump unveiled a $500 billion AI infrastructure project Oracle CEO Larry Ellison has announced that his company is developing an AI-driven approach to […]

power markets
Press

Last-minute delay in decision to split power markets in France, Germany

January 22, 2025 Mariel Alumit

  A controversial recommendation on whether and how to split the German and French power markets has been postponed. Grid operator association Entso-E confirmed to Euractiv that the position, which is under discussion between Central […]

Finland
Press

Finland hopes e-fuels can recreate the Nokia magic

January 22, 2025 Mariel Alumit

  Energy company Freija AS has announced plans to build a major e-methane production facility in the Finnish town of Nokia – the original home of the former phone giant.  The announcement yesterday is a victory […]

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