By Wolf Richter for WOLF STREET. For well over a year, there has been somewhat of a puzzle: How financial conditions, as tracked by broad measures such as the Chicago Fed’s National Financial Conditions Index, have been getting […]
Is the Energy Transition Disintegrating Right Before Our Eyes? There are so many energy transition failures going on around the world; what are we seeing? Is the energy transition dead, or is it just going […]
The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of Jiangxi Bank has further deepened the sector’s problems. Experts warn that the situation could have […]
Before everything got disrupted by the attempt on President Trump’s life, I had written a post last week titled “Big Tech On The Path To Net Zero.” That post looked at the most recently issued […]
From the mid-1990s to onset of Covid at the end of 2019, China almost singlehandedly drove the commodities supercycle, consisting of ever-increasing prices for the key materials it required to drive its extraordinary economic growth. […]
Russia and Cuba have discussed the idea of building an oil refinery in Cuba with the help of Russian companies, the deputy speaker of the Russian parliament was quoted as saying. During a visit of […]
The UK is poised to miss its ambitious target to decarbonize its power sector by 2030 even as it is boosting solar and wind developments, analysts say. The new UK government of the Labour Party, […]
A unit of Finland’s Gasgrid is offering regasification capacity for 2025 at the FSRU-based LNG import terminal in Inkoo. According to a statement by Gasgrid, Floating LNG Terminal Finland has started the annual capacity allocation […]
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has delivered the second of three LNG dual-fuel liquid ethylene gas (LEG) carriers to German shipping group Hartmann. According to a statement by CIMC SOE, the shipbuilder […]
China’s Dalian Shipbuilding Industry (DSIC) has officially started building a new 175,000-cbm LNG carrier for compatriot China Merchants Energy Shipping (CMES), a unit of China Merchants Group. The shipbuilder held a keel-laying ceremony on July […]
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