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Home2024August

Month: August 2024

Russian gas
Geopolitical

Russian gas keeps flowing to EU via Ukraine despite fighting

August 14, 2024 Clark Savage

  Intense fighting between Ukrainian and Russian forces near a pipeline Russia uses to supply European countries with gas has not disrupted supplies, network operators and gas companies said on Tuesday (13 August). The European […]

Flex LNG
Earnings

Flex LNG reports lower Q2 results, expects higher earnings in H2

August 14, 2024 Clark Savage

The owner of 13 LNG carriers said on Wednesday vessel operating revenues were $84.7 million for the April-May period, a drop compared to $86.7 million in the second quarter last year and from $90.2 million […]

gas
Geopolitical

European gas price hike boosts Russian fuel sales, outstriping total EU aid to Ukraine

August 14, 2024 Clark Savage

  The rise in gas prices in Europe attributed to Ukraine’s recent invasion of Kursk, is expected to add to Russian revenues from selling fossil fuels, further widening the gap between such payments and the […]

power
Electrical Generation / Utilities

UK’s biggest undersea power link gets green light

August 14, 2024 Clark Savage

Ofgem has today given its final approval for the costs associated with the Eastern Green Link 2 (EGL2) project, paving the way for construction to start on a 525kV, 2GW subsea connection between Peterhead in […]

Colorado
Energy Regulations

Colorado oil and gas regulators adopt ‘deep geothermal’ drilling rules

August 14, 2024 Clark Savage

  This article was originally published by Colorado Newsline. The state commission that regulates Colorado’s oil and gas industry this week adopted its first set of rules governing geothermal drilling, taking another step towards fulfilling […]

wind
International News

Poland launches $5.4bn loan scheme for offshore wind funding

August 14, 2024 Clark Savage

The Polish development bank has revealed that the country would launch a nearly €5bn ($5.46bn) programme to provide loans for the construction of offshore wind farms in the Baltic Sea. Bank Gospodarstwa Krajowego (BGK) said […]

Vineyard Wind
Offshore

Vineyard Wind allowed to continue with towers and nacelle installation

August 14, 2024 Clark Savage

Vineyard Wind, a joint venture between Iberdrola’s US arm Avangrid and Copenhagen Infrastructure Partners, and GE Vernova has received approval from the Bureau of Safety and Environmental Enforcement (BSEE) to resume the installation of towers […]

port
Finance

American port strike looms as shipping’s next major chokepoint

August 14, 2024 Clark Savage

The real threat of a dockworker strike at ports across the US east and Gulf coasts come October 1 could knock supply chains out of synch through to 2025, according to new research from Copenhagen. […]

Climate Crisis

Elon Musk and Donald Trump Transcript

August 14, 2024 Clark Savage

Daily Standup Top Stories Elon Musk and Donald Trump X Interview Transcript “The interview that broke the internet” Stu Turley You can say what you want about Donald Trump and Elon, but they are above […]

Commodities

ENB #214 Navigating the Return to Tangibles: Investing in Energy, Commodities, and Long-term Market Themes

August 13, 2024 Stu Turley

In the Energy News Beat – Conversation in Energy with Stuart Turley interviews Wasif Latif, CEO & Chief Investment Officer of Sarmaya Partners, about thematic investing and the importance of identifying long-term market themes. They […]

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