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Home2024May

Month: May 2024

French and Dutch
Exports

French and Dutch terminals remain top destinations for US LNG cargoes

May 23, 2024 Mariel Alumit

French and Dutch LNG import terminals remained the top destinations for US liquefied natural gas supplies in March, as European terminals continue to receive the majority of US LNG volumes, according to the Department of Energy’s […]

smart meters
Energy Tech

Nearly 20% of smart meter users manually submit readings

May 23, 2024 Mariel Alumit

Citizens Advice has revealed that millions of UK households are not fully benefitting from smart meters due to faults and inadequate service from energy suppliers. Despite over half of British homes having a smart meter, […]

Memorial Day
EIA News

U.S. gasoline prices ahead of Memorial Day weekend are 1% higher than last year

May 23, 2024 Mariel Alumit

On May 20, 2024, the Monday before Memorial Day, the retail price of regular gasoline averaged $3.58 per gallon (gal) across the United States, 1% higher than at the same time last year. After adjusting […]

Putin
Geopolitical

Putin lays groundwork for confiscation of US assets

May 23, 2024 Mariel Alumit

A roadmap has been prepared in anticipation of possible misappropriation of Russian state funds by Washington The property of US-linked entities will be held liable for any confiscation of Russian assets by the US government, […]

Yellen
Geopolitical

Yellen urges ‘more ambitious’ G7 plans for Russian assets

May 23, 2024 Mariel Alumit

  US Treasury Secretary Janet Yellen on Thursday (23 May) urged G7 ministers meeting in Italy to work on “more ambitious options” to use frozen Russian assets to help Ukraine. The ministers and central bankers […]

Flex LNG
Earnings

Flex LNG reports higher net income, lower revenue

May 23, 2024 Mariel Alumit

Norwegian LNG carrier owner Flex LNG reported higher net income and lower revenue in the first quarter of this year. The owner of 13 LNG carriers said on Thursday that vessel operating revenues were $90.2 […]

EU
Geopolitical

The 75+ wild cards that will shake EU Parliament’s balance of power

May 23, 2024 Mariel Alumit

  Two weeks before the EU elections, there are around 75 seats up for grabs that will shape the new balance of power on the left and right of the hemicycle, available for the European […]

Green corridors
Energy Transition

Green corridors linking Ireland and UK under development

May 23, 2024 Mariel Alumit

NatPower Marine and Peel Ports Group have announced plans to establish the first green shipping corridors between Ireland and the UK. The proposed project would see NatPower Marine, part of the UK’s NatPower Group, develop […]

Yemen
Geopolitical

Ships in near miss with missile attacks off Yemen

May 23, 2024 Mariel Alumit

Two unidentified merchant vessels have reported an attack off Yemen. Maritime security consultancy Ambrey said it received a report that a ship was suspiciously approached 68 nautical miles southwest of Yemen’s port city of Hodeidah […]

Duke Energy
Electrical Generation / Utilities

Duke Energy’s plans for new gas in N.C. on a collision course with new Biden power plant rules

May 23, 2024 Mariel Alumit

  Duke Energy is already under fire in North Carolina for its plan to blow off a state deadline to curb carbon pollution while also building a massive new fleet of fossil fuel plants. Now, […]

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