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Home2024June

Month: June 2024

Italy’s Adriatic LNG
International News

Italy’s Adriatic LNG launches open season for regas capacity

June 21, 2024 Mariel Alumit

Italy’s Adriatic LNG terminal has launched an open season for multiyear LNG regasification services at its facility in the Adriatic Sea. The LNG terminal operator is offering regasification capacity from January 2029 to December 2048. […]

transformers
Electrical Generation / Utilities

Giant transformers delivered to boost electricity network

June 21, 2024 Stu Turley

National Grid has delivered more than 1,300 tonnes of supergrid transformers (SGTs) to substations across its electricity transmission network in the first six months of this year. A 174-tonne SGT arrived at Bridgwater substation in […]

offshore wind farms
Cyber Terrorism

UK offshore wind farms vulnerable to cyberattacks

June 21, 2024 Mariel Alumit

The Alan Turing Institute has issued a warning about the vulnerability of offshore wind farms to cyberattacks, highlighting potential risks to the UK’s renewable energy goals. The research underscores that the remote locations of wind […]

Putin
Geopolitical

Putin Signs Landmark Security Deal With North Korea

June 21, 2024 Mariel Alumit

In retaliation, South Korea signaled its intent to consider sending arms to Ukraine. Welcome back to World Brief, where we’re looking at a military assistance deal between Russia and North Korea, a vaccine production initiative […]

vented or flared
EIA News

Our estimated rate of U.S. natural gas vented or flared declined in 2023

June 21, 2024 Mariel Alumit

We estimate the annual reported volume of natural gas that is vented or flared in the United States declined to 0.5% of gross withdrawals in 2023, based on preliminary state and federal data. We estimate this percentage will be the lowest […]

Golden Pass LNG
LNG

Golden Pass LNG to speed up pipeline construction

June 21, 2024 Mariel Alumit

QatarEnergy and ExxonMobil are seeking approval from US energy regulators to increase the peak workforce to speed up the construction of the pipeline project as part of the Golden Pass LNG export terminal in Texas. […]

LNG shipments
Geopolitical

EU cracks down on Russian LNG shipments

June 21, 2024 Mariel Alumit

Cracking down on LNG shipments as well as around a dozen of the so-called shadow tanker fleet form elements of the 14th package of sanctions against Russia that the European Union is introducing. The new […]

Minnesota
Climate Crisis

Minnesota highway projects will need to consider climate impacts in planning

June 21, 2024 Mariel Alumit

  The recent expansion of a groundbreaking transportation law in Minnesota means all major highway projects in the state will soon be scrutinized for their impact on climate emissions. A year ago, the state legislature […]

Hanwha
M & A

Hanwha strikes $100m deal for Philly Shipyard

June 21, 2024 Mariel Alumit

South Korean conglomerate Hanwha has sealed a deal to take over Aker-controlled US shipbuilder Philly Shipyard. Oslo-listed yard said it is selling the business to defence specialist Hanwha Systems and shipbuilder Hanwha Ocean for $100m […]

Steel Production
Finance

Global Steel Production Update: China’s Property Crisis & Manufacturing Slowdown Trigger China’s Worst Ever 3-Year Drop of Steel Production, after Years of Blistering Growth

June 20, 2024 Stu Turley

US production of crude steel edged down further. Nucor Steel moved up to #15 globally. US Steel, #24, gets acquired by #4, Nippon Steel. By Wolf Richter for WOLF STREET. China, which produces over half the world’s crude […]

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