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Home2024June

Month: June 2024

QatarEnergy
Exports

QatarEnergy seals 27-year LNG supply deal with Taiwan’s CPC

June 5, 2024 Mariel Alumit

State-owned QatarEnergy and Taiwan’s CPC signed a 27-year sale and purchase deal for the supply of liquefied natural gas (LNG) from Qatar’s North Field East (NFE) expansion project. CPC will also take a stake in […]

Baltimore port
Coal

Baltimore port expected to open full main shipping channel this weekend

June 5, 2024 Mariel Alumit

The full 213 m wide main shipping channel into Baltimore port will open this weekend some 75 days since the 9,962 teu Dali containership lost power, slammed into a bridge and cut off operations at […]

Bank of Japan
Finance

Bank of Japan Ended QE as the Yen Got Crushed

June 5, 2024 Stu Turley

Too little too late? Japan had trade deficits for years; a crushed yen is not good. Needed now: Big QT & rate hikes to bail out the yen. By Wolf Richter for WOLF STREET: The Bank of Japan’s […]

Big Oil Companies

Africa Energy Bank to Fun Oil and Gas

June 5, 2024 Andy Del Prado

Daily Standup Top Stories Rye Development Converting Former Kentucky Coal Mine into 287 MW Pumped Storage Hydropower Facility June 4, 2024 Mariel Alumit Rye Development will receive $81 million in funding from the Department of Energy […]

Labor
Finance

This Labor Market Is Still Tight, Just Not as Crazy-Tight as it Was

June 4, 2024 Stu Turley

Layoffs & Discharges drop further, and are far lower than before the pandemic, as employers cling to their workers. By Wolf Richter for WOLF STREET. Layoffs and discharges fell for the second month in a row, to 1.51 […]

Turkmenistan
International News

Erdogan Says Turkmenistan Could Soon Begin Gas Exports to Turkey and Europe

June 4, 2024 Mariel Alumit

Turkmenistan could soon begin exporting natural gas to Turkey and then Europe via the expanded Trans Anatolian Natural Gas Pipeline Project (TANAP), Turkey’s President Recep Tayyip Erdogan was quoted as saying on Tuesday. Turkmenistan, rich […]

Big-Tech
AI

The Big-Tech Clean Energy Crunch Is Here

June 4, 2024 Mariel Alumit

Big Tech’s appetite for energy is just about visible from the east coast of Scotland. Some 12 miles out to sea sits a wind farm, where each of the 60 giant turbines has blades roughly […]

CYBER SECURITY
Electric Vehicles

POWER AND TENSION: THE CYBER SECURITY PROBLEMS OF MILITARY ELECTRIFICATION

June 4, 2024 Mariel Alumit

What would it take for someone to hack a tank? Modern Western militaries may well be about to find out. The militaries of the United States, Germany, France, the United Kingdom, Australia, and other powers are contemplating the gradual introduction […]

Net-Zero
Climate Crisis

Europe’s Net-Zero Ambitions Face Reality Check

June 4, 2024 Mariel Alumit

EU’s clean tech spending lags behind China and the US, with China investing $390 billion in 2023 compared to the EU’s $125 billion The US’ Inflation Reduction Act is expected to boost clean energy investments, […]

Singapore
Data Center

Singapore Looks to Have More Gas-Fired Power Plants to Meet Rising Demand

June 4, 2024 Mariel Alumit

Singapore is seeking proposals from companies to build and operate two new natural gas-fired power plants by the end of the decade as it looks to have more generation capacity to meet soaring electricity demand. […]

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