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HomeInternational News

International News

pensioners
ENB Pub Note

‘Millions of pensioners could lose winter fuel payment’

September 4, 2024 Mariel Alumit

ENB Pub Note: The following Meme is sad but true. They were showing a boatload of pensioners coming into the UK illegally to get their power fuel payment as illegal immigrants. With the media being […]

offshore wind
Electrical Generation / Utilities

UK faces 28GW shortfall in offshore wind target

September 4, 2024 Mariel Alumit

Experts warn that the latest Contracts for Difference (CfD) auction has left a 28GW shortfall in offshore wind projects, putting the UK’s 2030 targets at risk. The AR6 auction secured 3.4GW of new offshore wind […]

MSC
Geopolitical

MSC boxship becomes latest vessel to lose containers overboard off South Africa

September 4, 2024 Mariel Alumit

Ships taking the alternative, non-Houthi route between Asia and Europe face another perilous situation, namely the rough seas around South Africa. The 6,966 teu MSC Antonia lost 46 boxes overboard last week during severe weather […]

Transocean
Exploration and Production

Transocean finds buyer for two rigs worth $342m

September 4, 2024 Mariel Alumit

Offshore driller Transocean has entered into agreements with a third party to sell two of its rigs for a total of $342m. The two rigs in question are the Development Driller III and the Discoverer […]

Saudi Aramco
Big Oil Companies

Saudi Aramco Continues to Pursue Downstream and LNG Deals

September 3, 2024 Mariel Alumit

Saudi Aramco is actively seeking M&A opportunities in the downstream and LNG sectors. The company has recently entered the Chinese and Pakistani markets through acquisitions. Aramco aims to expand its international presence and secure additional […]

Oil Prices
Crude Oil News

Oil Prices Plunge on OPEC+ Production Cut Speculation

September 3, 2024 Mariel Alumit

Oil prices tumbled on Tuesday morning as speculation continued that the eight leading OPEC+ producers would unwind their voluntary production cuts. – Crude production in Iraq’s semi-autonomous Kurdistan region continues to increase as industry organizations […]

Germany
Electric Vehicles

Volkswagen’s 87-Year Streak of German Production Hangs in the Balance

September 3, 2024 Mariel Alumit

Volkswagen is considering closing factories in Germany for the first time in its 87-year history due to falling profits and rising costs. The potential closures could lead to a clash with powerful unions and further […]

German businesses
Electrical Generation / Utilities

German businesses dismiss ‘crazy’ plan to charge more for electricity on cloudy days

September 3, 2024 Mariel Alumit

A German plan to charge more for using electricity on cloudy days has been dismissed as “crazy” by businesses. The country is pushing the use of solar power and other forms of renewable energy, and as part of […]

onshore wind pipeline
International News

UK onshore wind pipeline doubles growth

September 3, 2024 Stu Turley

The UK’s onshore wind project pipeline has expanded by 4.2 gigawatts (GW) over the past year, bringing the total from 38.5GW to 42.7GW. That’s according to a new report by RenewableUK, which suggests this increase […]

Bulgargaz
Imports

Bulgargaz seeks five LNG cargoes

September 3, 2024 Mariel Alumit

Bulgargaz launched three tenders for five LNG cargoes. During October 2024, the company is seeking one LNG cargo of about 150,000 cbm on a DES (delivery ex-ship). The delivery window is October 4 and the […]

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