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Home2024February

Month: February 2024

Nuclear Reactor
Energy Transition

IEA endorses nuclear power as key to achieving global clean energy goals

February 15, 2024 Mariel Alumit

At its annual meeting overnight, the International Energy Agency (IEA) has declared its support for countries choosing nuclear power. In a communiqué from members attending the 287th Meeting of the IEA governing board at ministerial […]

EU
Energy Storage

In focus: EU energy security and gas supplies

February 15, 2024 Mariel Alumit

AggregateEU has been the EU’s central effort to diversify its energy imports away from Russian fossil fuels and successfully contributed to our security of supply in 2023. But, what exactly is it? How did it […]

graphite
Rare Earth Minerals

Canadian graphite miner NMG scores deals with GM, Panasonic

February 15, 2024 Stu Turley

  Nouveau Monde Graphite (TSX-V: NOU) (NYSE: NMG) inked on Thursday multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Canadian miner to help it […]

Energy
Exploration and Production

Energy firms face legal threat over Israeli licences to drill for gas off Gaza

February 15, 2024 Mariel Alumit

Major energy companies awarded licences by Israel to explore for gas off Gaza’s coast have been warned that they could face legal action for possible breaches of Palestinian maritime sovereignty and war pillaging. Israel’s Ministry of Energy granted exploration rights to […]

Tokyo Gas
Finance

Tokyo Gas expects half of overseas profit to come from US gas by 2030

February 15, 2024 Mariel Alumit

TOKYO, Feb 15 (Reuters) – Japan’s biggest city gas supplier Tokyo Gas Co Ltd 9531.Texpects that by 2030 its U.S. shale gas and related businesses, including trading and marketing, will contribute around 50% to its targeted overseas profit, its […]

Gas Pipeline
Geopolitical

Major Gas Pipeline Explosion In Iran Deemed ‘Terrorist Sabotage’

February 15, 2024 Mariel Alumit

In the overnight hours reports emerged of two explosions along Iran’s main south-north gas pipeline network. At least one of the massive fires that resulted was caught on video, which widely circulated, leading to speculation over whether […]

Argentina
Bankruptcy

Inflation in Argentina catapults past 250%

February 15, 2024 Mariel Alumit

  Consumer prices in the South American country have soared since the devaluation of the peso by the new government Annual inflation in Argentina hit a three-decade high of 254% in January even as the […]

Dominion Energy
Energy Policy

Virginia lawmakers delay decision on Dominion Energy’s offshore wind monopoly

February 15, 2024 Mariel Alumit

  Renewable energy advocates have vowed to double down next year on legislation designed to enable competition with Dominion Energy on offshore wind projects serving Virginia. A legislative committee unanimously tabled a proposal to let […]

Magni Partners
International News

Magni Partners orders two more VLCCs from New Times

February 15, 2024 Mariel Alumit

Johnnie / MarineTraffic Tor Olav Trøim’s private investment vehicle Magni Partners has doubled its VLCCs order from China-based New Times Shipbuilding with two new 320,000 dwt vessels. Trøim told delegates at the Marine Money’s New […]

Kremlin
Geopolitical

Kremlin responds to rumors of Russian space nukes

February 15, 2024 Mariel Alumit

Several US media outlets have claimed that Moscow wants to put a nuclear anti-satellite system into orbit Western media reports claiming that Russia could place nuclear weapons in space are nothing more than a ploy […]

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