We’re in the 4th cycle of the subprime profit motive after auto-loan securitizations became a thing in the early 1990s. By Wolf Richter for WOLF STREET. The 60-plus-day delinquency rate of subprime auto loans rose to 6.15% in […]
Asyad Oman’s state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering. Crédit Agricole Corporate and Investment Bank and Société Générale have been appointed as joint bookrunners […]
The country’s new president and prime minister have a mandate to reform the country—but do they have the power? Lebanon has two new leaders and neither is to Hezbollah’s liking. On Jan. 9, Gen. Joseph […]
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 […]
A new Energy Skills Passport pilot has launched to help oil and gas workers transition into renewables, ensuring they play a key role in delivering clean power by 2030. Backed by £3.7 million of Scottish […]
The Energy Industries Council (EIC) has announced that Joanna Drake, Deputy Director of the European Commission, will join Bankable Energies 2025 as a keynote speaker. The conference, taking place on 26th-27th February 2025 at the Leonardo Royal Hotel London Tower Bridge, […]
The country’s new president and prime minister have a mandate to reform the country—but do they have the power? Lebanon has two new leaders and neither is to Hezbollah’s liking. On Jan. 9, Gen. Joseph […]
UK electricity prices have surged to their highest in over two years, as record-low wind generation and heavy reliance on European imports leave the grid struggling to meet demand. According to Bloomberg, the day-ahead price […]
The UK’s push for net zero is at risk due to a massive green energy skills shortage, warns Darren Davidson, UK and Ireland boss of Siemens Energy. He says up to 500,000 more workers are […]
GridBeyond, a market leader in flexible energy management, has announced the launch of its Process Optimizer service, providing unique opportunities for industrial sites to boost their profitability by optimizing their production schedule against variable energy […]
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