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Home2024July

Month: July 2024

small nuclear reactors
Modular Reactors

Seeking carbon-free power, Virginia utility considers small nuclear reactors

July 11, 2024 Mariel Alumit

Virginia’s largest utility said Wednesday that it will explore the possibility of using small nuclear reactors to help meet growing electricity demands while reducing greenhouse gas emissions. Nuclear power has been emerging as an attractive option […]

OPEC
Crude Oil News

OPEC Sticks To Strong Oil Demand Growth Forecasts

July 11, 2024 Mariel Alumit

OPEC has stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, citing resilient economic growth and strong rebound in air travel in the summer months. In its latest Monthly Oil […]

No tax on tips
Finance

‘No tax on tips’: House and Senate Republicans introduce bill to exempt tips from federal income tax

July 11, 2024 Mariel Alumit

The No Tax on Tips Act that would exempt tips from federal income taxes has been introduced in the House and Senate as of Tuesday. Sen. Ted Cruz (R-Texas), joined by Sens. Steve Daines (R-Mont.), […]

Barclays
Alternative Investments

Barclays Sees $30B Selloff Risk Amid New EU ESG Fund Rule

July 11, 2024 Mariel Alumit

Asset managers offering ESG funds in Europe may need to offload close to $30 billion in stocks and bonds if they intend to hold onto the label under new rules, according to research by analysts […]

Spanish LNG imports
LNG

Spanish LNG imports down, reloads jump in June

July 11, 2024 Andy Del Prado

Spanish liquefied natural gas (LNG) imports decreased in June, while reloads rose more than four times compared to the same month in the year before, according to Enagas. LNG imports decreased by 24.4 percent year-on-year […]

Crown LNG
LNG

Crown LNG wraps up deal with Catcha

July 11, 2024 Andy Del Prado

Norway’s Crown LNG and Catcha Investment have completed their previously announced agreement for a business combination that resulted in Crown becoming a US publicly listed company. The two firms announced the deal in August last […]

HD Hyundai Samho
LNG

HD Hyundai Samho expands berthing capacity to address rise in ship orders

July 11, 2024 Andy Del Prado

South Korean shipbuilder HD Hyundai Samho has expanded its berthing facilities to address the increase in orders for ships, including LNG carriers. HD Hyundai Samho held on July 10 the completion ceremony for the second […]

EU
Press

Mission critical partnerships, collaboration key to cohesive EU defence strategy [Advocacy Lab Content]

July 11, 2024 Andy Del Prado

  Russia’s war in Ukraine has transformed the EU’s defence role, and the scale of defence challenges and opportunities is now immense. Euractiv spoke to Jeff Shockey, senior vice president, Global Government Relations, RTX about […]

liquefied natural gas
EIA News

Global trade in liquefied natural gas continued to grow in 2023

July 11, 2024 Andy Del Prado

Liquefied natural gas (LNG) trade increased 3.1% globally in 2023 to average 52.9 billion cubic feet per day (Bcf/d), an increase of 1.6 Bcf/d from 2022, according to a recently released report from the International Group of […]

America’s electric grid
Electrical Generation / Utilities

America’s electric grid is on the brink with Biden’s Clean Power Plan 2.0

July 11, 2024 Mariel Alumit

The state of America’s electric grid is growing more perilous each day. Legacy power plants are rapidly retiring while power demand is projected to rise at historic rates, driven by artificial intelligence and data centers, […]

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