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Home2024September

Month: September 2024

LNG
LNG

LNG shipping rates decline, European prices up

September 27, 2024 Stu Turley

Last week, Atlantic rates rose for the first time in six weeks. “Spark30S Atlantic rates dropped by $2,000 to $57,750 per day, canceling out the rate increase seen last week and further delaying the expected […]

Meta
Press

Irish DPC fines Meta €91 million over password management lapse

September 27, 2024 Stu Turley

  The Irish Data Protection Commission (DPC) fined Meta €91 million for “inadvertently” storing user passwords without cryptographic protection or encryption, closing a five-year-old case, according to a Friday press release. The DPC investigation started […]

Validus Energy
Finance

Validus Energy reportedly set to acquire Citizen Energy in $2bn deal

September 27, 2024 Mariel Alumit

Validus Energy, a privately held oil and gas producer in the US, has agreed to acquire Citizen Energy for more than $2bn, including debt, Reuters reported, citing people familiar with the matter. This move comes amid a […]

Council dubious
Press

Questions over positions in drafting GPAI guidelines, Council dubious on telcos consolidation

September 27, 2024 Stu Turley

  Welcome to Euractiv’s Tech Brief, your weekly update on all things digital in the EU. You can subscribe to the newsletter here. “Will chairs and vice-chairs [drafting general-purpose AI guidelines] be selected, appointed and […]

Gasunie
LNG

Gasunie, RWE plan to launch German onshore LNG terminal in 2027

September 27, 2024 Stu Turley

In 2022, Gasunie joined forces with the German government and RWE to build the LNG import terminal, which is worth about 1.3 billion euros ($1.45 billion). Gasunie has a 40 percent operating stake in the facility, RWE […]

Offshore Oil And Gas Lease Sales
Climate Crisis

Biden-Harris Admin Won’t Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 1958

September 27, 2024 Mariel Alumit

2024 will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. This year will be the first year since 1958 that the Bureau […]

Oil
Climate Crisis

Newsom’s War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis’

September 27, 2024 Mariel Alumit

Gov. Newsom signed laws further restricting oil and gas facilities in Calif., aiming to close wells, penalize idle sites, and push California toward ‘green’ energy. Gov. Gavin Newsom (D) traveled to Baldwin Hills to sign […]

Climate
Climate Crisis

Gov. Hochul’s Green Dream Crumbles As Climate Reality Sinks In

September 27, 2024 Mariel Alumit

Gov. Hochul promoted green jobs at Climate Week, but faltering EV sales, failed hydrogen projects, and rising emissions reveal her green dream is dead. It’s Climate Week here in New York, and you can feel […]

FERC
Climate Crisis

Ted Cruz Demands FERC Appeal After Court Nixes Texas LNG Terminal Approvals

September 27, 2024 Mariel Alumit

Cruz is urging FERC appeal a court ruling that voided approvals for Texas LNG export terminals, warning of risks to jobs and energy security. Republican Texas Sen. Ted Cruz called on Federal Energy Regulatory Commission […]

Climate
Climate Crisis

Media’s Climate Hoax Unravels: Study Reveals Earth’s Temps Coldest In 485 Million Years

September 27, 2024 Mariel Alumit

Media outlets distort a scientific study, claiming the Earth faces a climate crisis, despite evidence showing current temperatures are at historic lows. Recently, many media outlets touted a new scientific study “A 485-million-year history of […]

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