Johnnie / MarineTraffic Tor Olav Trøim’s private investment vehicle Magni Partners has doubled its VLCCs order from China-based New Times Shipbuilding with two new 320,000 dwt vessels. Trøim told delegates at the Marine Money’s New […]
Several US media outlets have claimed that Moscow wants to put a nuclear anti-satellite system into orbit Western media reports claiming that Russia could place nuclear weapons in space are nothing more than a ploy […]
Gravitricity, a Scottish company, has set its sites on turning a closed Finnish mine into a giant storage battery for renewable energy. The GraviStore gravity energy storage system (GESS) is the first commercial-scale deployment […]
Energy giants Adnoc and BP have agreed to form a joint venture in Egypt that will focus on natural gas. The JV, in which UK-based BP will have 51 percent and UAE’s Adnoc 49 percent, […]
Principle Power Copenhagen Infrastructure Partners (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations for the Haewoori 2 and 3 offshore wind projects off […]
Daily Standup Top Stories PG&E becomes California’s most expensive power provider February 14, 2024 Mariel Alumit On Jan. 1, PG&E started charging 13% more for power. The rate hike – expected to cost an average family […]
Toronto single-family houses -20% from peak, condos drop to 2-year low. Vancouver -8% from peak, Hamilton -25%, Victoria -14%. But Calgary set new high. By Wolf Richter for WOLF STREET. House prices in Canada overall fell 1.2% seasonally […]
The United States is set to invest in mining Africa’s essential mineral resources for the ongoing energy transition, which involves transitioning from traditional fossil fuels to cleaner energy sources such as solar and wind power. […]
On Jan. 1, PG&E started charging 13% more for power. The rate hike – expected to cost an average family another $33 a month – will pay to bury power lines and other wildfire mitigation […]
LONDON, Feb 14 (Reuters) – An extended U.S. ban on new liquefied natural gas (LNG) export projects would have “quite an impact” on the fast-growing global market, a senior Shell (SHEL.L), opens new tab executive said on Wednesday. U.S. […]
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