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Home2024February

Month: February 2024

Environmental justice
EnergyNews

Environmental justice groups ask feds to resist weakening rules on clean hydrogen tax credit 

February 9, 2024 Mariel Alumit

  Almost 50 environmental justice groups on Tuesday sent a letter to leaders of the federally-funded Midwestern hydrogen hub, imploring them not to try to loosen requirements for tax incentives for hydrogen produced with clean […]

Norsepower
Press

Norsepower seals largest wind-assist contract to date

February 9, 2024 Mariel Alumit

French shipowner Louis Dreyfus Armateurs (LDA) will install Norsepower Rotor Sails on a new low-emission roro fleet to be chartered to Airbus. The Norsepower Rotor Sail is a modernised version of the old Flettner rotor […]

ExxonMobil
Big Oil Companies

ExxonMobil lines up shuttle tanker newbuilds

February 9, 2024 Mariel Alumit

US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung Heavy Industries winning a tender for a pair of 150,000 dwt units with delivery in […]

Maersk
Climate Crisis

Maersk sets new bar with shipping’s first climate target validation

February 9, 2024 Mariel Alumit

Maersk / Singapore MPA AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s goal to hold the global average temperature increase at 1.5C above […]

Russian
Crude Oil News

Washington unveils further sanctions against Russian-linked tanker operators

February 9, 2024 Mariel Alumit

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took its second price cap enforcement action of 2024 yesterday, imposing sanctions on four entities and identifying one Gabon-flagged vessel as blocked property, […]

Moscow
Geopolitical

Fyodor Lukyanov: Here’s the real reason that Tucker Carlson came to Moscow

February 9, 2024 Stu Turley

Last night’s event was sensational, but what was the real motivation behind the Kremlin encounter? A few years ago, Russia was accused of interfering in American political processes. Now the opposite has happened. US domestic […]

copper
Rare Earth Minerals

Green shoots for copper, nickel, zinc, aluminium prices 

February 9, 2024 Stu Turley

  Industrial metals are all trading below levels seen this time last year and while nickel’s rout has been grabbing headlines, copper’s bad start to the year after a disappointing 2023 points to broader weakness. […]

US Trade Deficit
Finance

US Trade Deficit in 2023 Dropped 19%, as Goods Deficit with China Plunged 29%: Imports & Exports of Goods & Services

February 8, 2024 Stu Turley

The much improved (or rather less horrible?) trade deficit was one of the reasons GDP was much stronger than expected. By Wolf Richter for WOLF STREET. The US trade deficit in goods and services in the year 2023 […]

Omai Gold Mines
Rare Earth Minerals

Omai Gold Mines boosts indicated resource by 2 million oz.

February 8, 2024 Stu Turley

  Omai Gold Mines (TSXV: OMG) has provided an updated mineral resource estimate for its flagship property in Guyana, incorporating an expansion to the Wenot deposit and the previously disclosed Gilt Creek deposit. Together, the […]

Global Reporting Initiative
Rare Earth Minerals

Global Reporting Initiative launches sustainability standard for mining at Indaba 

February 8, 2024 Stu Turley

  On Thursday at the Mining Indaba conference in South Africa, the Global Reporting Initiative (GRI), an international independent organization for impact reporting across sectors, held an event that launched its sustainability reporting standard for […]

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