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 […]
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 […]
Australia’s green energy push puts turbines and solar in the wrong places, ignoring local needs, job creation, and environmental impacts. Why are we always putting green energy assets in all the wrong places? The main […]
Reuters admits net zero goals have failed despite trillions spent on renewables, with energy prices rising and fossil fuels remaining dominant. Wow, who knew that setting insane and arbitrary emission goals to “net zero” would […]
In August last year, Golden Pass sought a three-year extension from the US FERC to put its LNG export facility in Texas into service. It also filed a request with the DOE/FECM for an extension […]
The Eemshaven LNG hub consists of two chartered floating storage and regasification units – the 170,000-cbm FSRU Energos Igloo, owned by Energos Infrastructure, and the 26,000-cbm barge-based FSRU Eemshaven LNG, owned by Exmar. It is […]
Australia’s offshore regulator Nopsema approved the project’s environment plan on March 5. The plan covers the installation of the Crux pipeline, substructure and topside, including all tie-ins, cold commissioning, contingent, and supporting activities. “The Crux […]
The UK government has revealed that it would be investing $71m to create a major floating wind hub in the Port of Cromarty Firth in Scotland. Offshore wind projects have been deemed crucial to delivering […]
Italian offshore engineering and construction giant Saipem has teamed up with Divento, a partnership between Copenhagen Infrastructure Partners and GreenIT, to apply its Star 1 floating wind technology on two projects offshore Italy. Saipem was […]
Texas is projected to need the equivalent of 30 nuclear power plants by 2030 to meet the electricity demands of new data centers. The Electric Reliability Council of Texas (ERCOT) has received requests for new […]
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