The achievement of the UK’s net zero targets may face delays if radical changes to electricity market structures are implemented. That’s according to a report commissioned by the Scottish Futures Trust (SFT), which calls for an evolution rather than […]
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has secured a contract from a unit of Finland’s Wartsila to build one regasification module that will be installed onboard the 140,000-cbm FSRU, LNG Croatia. Norway-based Wartsila […]
Lithuania’s KN said companies have booked all of the offered regasification capacities at its 170,000-cbm FSRU Independence in Klaipeda until 2033. In September, the state-owned operator of the country’s first LNG import facility in Klaipeda […]
Oman’s state-owned firm OQ Trading has submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment in January. State-owned Pakistan LNG launched this tender on November 20 seeking one 140,000 cbm cargo […]
Chinese shipbuilder Hudong-Zhonghua has handed over the 174,000-cbm vessel, LNG Geneva, to CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation. Hudong-Zhonghua held the naming and delivery ceremony on November 24 for the […]
Finland’s gas system and LNG terminal operator, Gasgrid, and Estonian gas system operator, Elering, have revealed plans to boost the capacity of the Balticconnector gas pipeline once repairs on the offshore section of the pipeline […]
Volkswagen’s global passenger car boss has expressed concern over the future viability of the German automotive giant’s operations in South Africa, Reuters reports. On Friday, Volkswagen Passenger Car CEO Thomas Schäfer said factors like the country’s […]
Government infrastructure projects often go far over budget. Around the world, the costs of transit systems, energy developments, and other projects frequently soar above what was promised. One cause is the low‐balling of initial cost projections to help secure […]
Supported by the United States, France will propose at the COP28 climate summit in Dubai an exit of private financing for coal-fired power plants, Reuters reported on Tuesday, citing sources with knowledge of the talks. According to […]
The world’s richest 1 per cent generated as much carbon emissions as the poorest two-thirds in 2019, according to a new Oxfam report that examines the uber-wealthy’s lavish lifestyles and investments in heavily polluting industries. […]
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