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Home2024August

Month: August 2024

Energy Crisis

Can the grid take Ed Miliband’s net zero targets?

August 8, 2024 Clark Savage

Ed Miliband, along with those who support his ambition to decarbonise the electricity grid by 2030, has long had a favourite argument with which to try to put down people who say it can’t be […]

LNG
LNG

Pilot, GFI plan to build small-scale LNG terminal in Mexico

August 8, 2024 Stu Turley

The Salina Cruz LNG JV will develop, construct, and operate an LNG bunkering andtransshipment terminal. At full build-out, the facility is anticipated to produce 600,000 gallons of LNG per day, or roughly 0.34 million metric […]

COVID-19
Press

COVID-19 infections surging in Europe

August 8, 2024 Stu Turley

  The World Health Organisation (WHO) warns that COVID-19 is surging worldwide and is unlikely to decline in the immediate future.  Addressing journalists, Dr Maria Van Kerkhove, WHO director of epidemic and pandemic preparedness and […]

Blackouts
Climate Crisis

Power Chiefs Warn London And South East Of Pending Net Zero Blackouts

August 8, 2024 Clark Savage

Energy industry executives fear the switch to renewables could leave areas struggling to keep lights on by 2028. National Grid executives have warned of blackouts before the end of the decade unless the South East […]

United States
Electric Vehicles

Canadian tariffs on Chinese EVs should look like the United States’, not Europe’s: Heather Exner-Pirot for Inside Policy

August 8, 2024 Clark Savage

China is now, beyond a doubt, engaged in dumping and subsidizing a range of clean technologies to manipulate global markets. The remaining question is: How should Canada respond? The Finance Minister’s consultations on China’s unfair trade practices […]

Energy
Crude Oil News

Russia’s Arctic Energy Expansion: A Geopolitical and Economic Gambit

August 8, 2024 Clark Savage

Russia’s Arctic Northern Sea Route allows the country to continue exporting oil to China despite sanctions, highlighting the route’s strategic importance. Russia aims to significantly increase the NSR’s cargo capacity, supported by vast Arctic oil […]

Golden Pass
LNG

Golden Pass LNG releases construction update

August 8, 2024 Clark Savage

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

Excelerate
Imports

Excelerate to develop LNG import terminals in Alaska and Vietnam

August 8, 2024 Clark Savage

In May, Excelerate has revealed a list of 12 prioritized regasification projects saying that a number of these projects will require new FSRUs. Excelerate said 10 of the projects have a price tag between $50 […]

Cheniere
Earnings

Cheniere reports lower Q2 revenue

August 8, 2024 Clark Savage

The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Thursday its revenue reached $3.25 billion in the second quarter. This compares to $4.1 billion in the second quarter last year and […]

electric
Climate Crisis

Germany’s Green Dreams Falter As EV Sales Crash 47% In First Half Of Year

August 8, 2024 Clark Savage

Over 90% of German electric vehicle dealerships see current order situation as ‘poor’ or ‘very poor’ for the year. Politicians in Germany have been racing to eliminate fossil fuel cars and replace them with e-cars. […]

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