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HomeFinance

Finance

Tango FLNG
Finance

Eni, Exmar in arbitration over Tango FLNG performance bonus

September 7, 2025 Mariel Alumit

Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG […]

NewFortress Energy-Energy News Beat
Earnings

New Fortress Energy Announces Second Quarter 2025 Results

September 7, 2025 Clark Savage

NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2025. Adjusted EBITDA(1) of $(4) million in the second quarter of 2025 Net loss […]

Bitcoin

Why Net Zero Is Crushing the United Kingdom – ENB Weekly Recap

September 6, 2025 Andy Del Prado

Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes […]

Electric Vehicles

Hyundai EV Battery Plant Raided by ICE: 475 Detained in Major Immigration Enforcement Action

September 6, 2025 Clark Savage

September 6, 2025In a dramatic escalation of immigration enforcement, U.S. Immigration and Customs Enforcement (ICE) conducted a large-scale raid on Hyundai’s electric vehicle (EV) battery manufacturing plant in Bryan County, Georgia, resulting in the detention […]

Finance

Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis

September 6, 2025 Clark Savage

Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty […]

Finance

SCO Unity Crumbles Amidst Internal Conflicts

September 6, 2025 Clark Savage

Internal disputes and rivalries, particularly involving Azerbaijan, India, and Russia, are undermining the perceived unity and potential expansion of the Shanghai Cooperation Organization. India reportedly blocked Azerbaijan’s full membership application to the SCO, possibly due […]

Exports

Spot LNG shipping rates continue to drop

September 6, 2025 Mariel Alumit

Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) LNG freight rates fell $5,750 to $28,500 per day, marking the lowest Atlantic rates since April. “Spark25S (Pacific) have fallen less sharply […]

Oklo
ENB Pub Note

Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility

September 5, 2025 Clark Savage

In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […]

BRICS

China, Russia Present Master Plan For New World Order At SCO Summit

September 5, 2025 Clark Savage

ENB Pub Note: This article from Oilprice.com is an excellent follow-up to my stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped, and Russia Wins in China with […]

NextDecade
Finance

NextDecade, EQT seal 20-year Rio Grande LNG SPA

September 5, 2025 Mariel Alumit

Under the sales and purchase agreement, EQT will purchase 1.5 million tonnes per annum (mtpa) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, according to […]

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