Funds managed by Macquarie Asset Management and Spring Infrastructure Capital have opted to divest a 37.5% stake in the Race Bank offshore wind farm to Norges Bank Investment Management. The stake in the 573 MW […]
The move will allow landlocked Zimbabwe to strengthen economic ties with like-minded nations, its defense minister says Zimbabwe is ready to join BRICS, which will provide it with a more favorable environment for free trade […]
The Tutor, a Greek-owned kamsarmax, has become the second constructive total loss from the seven-month campaign by the Houthis to disrupt merchant shipping in the Middle East. The vessel sustained damage and water ingress in […]
Pyongyang has the right to defend its sovereignty from the US, the Russian leader has said Moscow and Pyongyang have pledged to assist each other against foreign aggression, Russian President Vladimir Putin announced on […]
Japan’s liquefied natural gas (LNG) imports rose in May for the second month in a row, according to the provisional data released by the country’s Ministry of Finance. The country’s LNG imports rose 5.6 percent […]
Daily Standup Top Stories Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election June 18, 2024 Mariel Alumit Joe Biden plans to deplete the U.S. oil reserves to artificially […]
Energy-intensive companies need more support from the European Union, a group of large European industrial associations said in a statement released in Brussels on Tuesday. Wind was already providing 20% of electricity in Europe and […]
As part of its second annual collaboration, Xendee and EBM, the parent company of Microgrid Knowledge, has stated in a report that EV sales in the US are not just rising but gaining significant momentum. […]
Providing a stable energy supply is often described in terms of a “trilemma”—a balance between supply security, environmental sustainability, and affordability. Of the three pillars of energy supply, security is the easiest to take for […]
Like it or not, the era of artificial intelligence has arrived, morphing from a science fiction fantasy to the cornerstone of the future world economy. AI and other ground-breaking technologies like quantum computing will soon […]
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