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Home2024

Year: 2024

Bank
ESG

The Green Debt Boom Has Been a Boon for Big Banks

January 8, 2024 Mariel Alumit

European Union regulations obligated banks to increase loans and bonds for environmentally friendly industries, leading to a boost in green financing. Banks like Credit Agricole are voluntarily shifting away from financing oil and gas projects, […]

nuclear
Grid

As nuclear debate nears, French minister sees potential for 14 new reactors

January 8, 2024 Mariel Alumit

PARIS, Jan 7 (Reuters) – France requires more than the six new nuclear plants currently planned and possibly needs to build more than 14 new plants, its energy minister said, just days before a parliamentary […]

seabed
Electrical Generation / Utilities

European navies try to keep up in cat-and-mouse game of seabed warfare

January 8, 2024 Mariel Alumit

ROME — The balance between offense and defense in war swings back-and-forth, often depending on who has the best kit. But on the seabed’s battlefield, the aggressors are currently very much in charge. In October, all […]

Anti
Crypto

75 US Lawmakers Now Support CBDC Anti-Surveillance Bill

January 8, 2024 Mariel Alumit

Congressman Tom Emmer’s CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to […]

reports
Jobs

Initial US employment reports overstated by 439,000 jobs in 2023

January 8, 2024 Mariel Alumit

There’s something wrong with previous U.S. jobs reports. The government quietly erased 439,000 jobs through November 2023, a closer look at the numbers from the Bureau of Labor Statistics shows. That means its initial jobs results were […]

Angola
Crude Oil News

Angola quit OPEC to sustain oil production above 1MMbpd, top official states

January 8, 2024 Mariel Alumit

(Bloomberg) – Angola quit OPEC because its quota limits hindered the country’s plans to stabilize crude production above 1 MMbpd, according to the country’s top oil official. The African nation’s December exit from OPEC came […]

Gavin
Climate Crisis

Gavin Newsom’s 10 favorite myths about energy and climate, refuted

January 8, 2024 Mariel Alumit

As a Californian who studies energy for a living, I am acutely aware of the very damaging energy ideas and policies of our current Governor, Gavin Newsom. I was thus very happy to see Governor […]

E&S Tankers
International News

E&S Tankers takes delivery of third LNG-powered vessel

January 8, 2024 Stu Turley

Hamburg-based E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has taken delivery of the LNG-powered chemical tanker, Eberhart Essberger. E&S Tankers announced the delivery of the 6,600-dwt vessel, the third of four […]

NextDecade
Finance

NextDecade enters loan as it works on FID for fourth Rio Grande LNG train

January 8, 2024 Stu Turley

US LNG firm NextDecade has entered into a credit agreement as it works to take a final investment decision to build the fourth liquefaction train at its Rio Grande LNG export project in Texas. The […]

Flex LNG
International News

Flex LNG’s carrier will be available for charter later this year

January 8, 2024 Stu Turley

Flex LNG’s 2019-built 173,400-cbm, Flex Constellation, will be available for charter later this year after a trading house decided not to utilize its extension option. In May 2021, the shipping firm controlled by billionaire John […]

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