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Home2024

Year: 2024

Indiana
EnergyNews

Advocates worry hydrogen hub will fuel environmental injustice in Northwest Indiana

February 2, 2024 Mariel Alumit

  Indiana environmental and citizen groups say a lack of transparency for a planned regional hydrogen fuel hub is stoking fears that the project will primarily benefit polluting heavy industries – though the federally funded […]

Poland’s Gaz-System
Imports

Poland’s Gaz-System picks MOL to provide Gdansk FSRU

February 2, 2024 Mariel Alumit

Poland’s Gaz-System has selected Japan’s MOL as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned LNG import terminal in Gdansk. Gaz-System said in a statement that […]

EU-based profits
Finance

EU-based profits from frozen Russian assets revealed

February 2, 2024 Mariel Alumit

Major EU clearinghouse Euroclear has revealed that it accrued almost $5 billion in profit from frozen Russian assets last year. In its financial results for 2023 published on Thursday, the Belgium-based company reported that net […]

Russian cultural centers
International News

More Russian cultural centers to open in Africa

February 2, 2024 Mariel Alumit

New applications have been submitted to establish facilities on the continent, according to Moscow’s Rossotrudnichestvo agency More than ten new Russian language and culture centers, or ‘Russian Houses’, are set to be launched in Africa, […]

New Hampshire
Electrical Generation / Utilities

Five years later, New Hampshire’s community power law is reshaping the electricity market

February 2, 2024 Mariel Alumit

  Member towns in New Hampshire’s year-old Community Power Coalition are reaping the benefits of banding together to buy electricity on their own. As of Feb. 1, residential and small commercial customers in the coalition’s […]

ICS
Climate Crisis

ICS proposes subsidy system for green fuel use to reach net zero targets

February 2, 2024 Mariel Alumit

EnvironmentOperations Northern Shipping Funds The International Chamber of Shipping (ICS) has submitted a proposal to shipping’s global regulator, the International Maritime Organization (IMO), for a zero-emission shipping fund (ZESF). To move forward with workable solutions […]

Paratus
Crude Oil News

Paratus scores Mexico work for Titania jack-up

February 2, 2024 Mariel Alumit

AmericasOffshore Paratus Paratus Energy Services has secured a one-year contract for the Titania jack-up for work offshore Mexico. The new contract will contribute around $55m in backlog and is expected to begin around mid-February 2024. […]

Fed Balance Sheet
Finance

Fed Balance Sheet QT: -$1.34 Trillion from Peak, to $7.63 Trillion, Lowest since March 2021

February 2, 2024 Stu Turley

By Wolf Richter for WOLF STREET. The Fed’s Quantitative Tightening continued on track in January. Total assets on the Fed’s balance sheet dropped by $51 billion in December, to $7.63 trillion, the lowest since March 2021, according to […]

US debt
Rare Earth Minerals

VRIC: Mining at a crossroads amid de-dollarization trend, US debt dilemma

February 1, 2024 Stu Turley

  The shifting economic paradigms of de-dollarization and escalating U.S. debt present a complex landscape for mining, set against the backdrop of rapidly evolving financial dynamics and economic instability that govern the sector’s prospects, a […]

Nisga’a Nation
Rare Earth Minerals

British Columbia’s Nisga’a Nation plans Indigenous-majority owned royalty company

February 1, 2024 Stu Turley

  The Nisga’a Nation in northwest British Columbia is forming Canada’s largest Indigenous-majority owned public royalty company, demonstrating the increasing power of First Nations in resource development. A new agreement announced Thursday gives the Nisga’a […]

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