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Home2024July

Month: July 2024

EU
Press

EU wields stick and carrot to drive South-Eastern Europe energy integration

July 5, 2024 Stu Turley

  While previous attempts to integrate South-Eastern Europe’s electricity markets appeared to have stalled, they have been given a new dynamism amid a collective push for EU membership and a looming punitive CO2 duty. South-Eastern […]

Elections
International News

U.K. Conservative Party Expected to Lose Snap Elections

July 5, 2024 Mariel Alumit

A mix of slow economic growth and party scandals has paved the opposition Labour Party’s path to victory. ‘Nightmare on Downing Street’ The United Kingdom will hold snap parliamentary elections on Thursday that are expected […]

Southeast Asia
BRICS

Southeast Asia in BRICS Is Good for the Global Order

July 5, 2024 Mariel Alumit

The club’s expansion affirms the Global South’s hedging strategy—and sends a message to the great powers. A vital region in the Global South—Southeast Asia—has long been missing from BRICS, a grouping whose acronym stands for […]

China
Electric Vehicles

How China Could Retaliate Against the EU’s Looming EV Tariffs

July 5, 2024 Mariel Alumit

China wants to contain growing trade threats without further alienating Europe. The European Union is expected to launch its latest salvo in a brewing trade battle with China on July 4 when it raises tariffs […]

Shell
Finance

Shell expects Q2 LNG trading results to be in line compared to last year

July 5, 2024 Stu Turley

LNG giant Shell expects trading and optimization results for its integrated gas business in the second quarter of this year to be in line compared to the same quarter last year. However, the results will […]

world’s first artificial energy island
Grid

Effiage to construct electrical substations for world’s first artificial energy island

July 5, 2024 Mariel Alumit

French civil engineering construction company Eiffage has won an EPCIC contract from the Belgian national electricity transmission network operator Elia Transmission to build four alternating-current electrical substations on Princess Elisabeth Island. The contract was won […]

European prices
Commodities

LNG shipping rates slightly up, European prices drop

July 5, 2024 Stu Turley

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose slightly this week, while European prices dropped compared to the previous week. Last week, Spark30s Atlantic rates continued to experience record week-on-week […]

Sea Level
Climate Crisis

Meteorologist Exposes How Media Is Hyping NOAA’s ‘Computer-Modeled’ Sea Level Scare

July 4, 2024 Mariel Alumit

Hyperbolic predictions on New York City and sea level rise have been around for decades, and not one has come true or shown they will. A recent CBS News article claims that climate change-induced sea […]

Deutsche ReGas
International News

Deutsche ReGas says second FSRU arrives in Mukran

July 4, 2024 Mariel Alumit

German LNG terminal operator Deutsche ReGas has welcomed the second floating storage and regasification unit at its LNG import terminal in Germany’s port of Mukran. The 2009-built 145,000-cbm, FSRU Neptune, has arrived on Wednesday at […]

Gastrade
International News

Gastrade expects to launch commercial ops at Greece’s first FSRU in October

July 4, 2024 Mariel Alumit

Greece’s Gastrade expects to launch commercial operations at its FSRU-based LNG import terminal off Alexandroupolis in October this year following an issue with the project’s pipeline. The 2018-built 174,000-cbm LNG carrier, GasLog Hong Kong, delivered on […]

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