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Home2025February

Month: February 2025

Seatrium
Big Oil Companies

BP picks Seatrium for another Gulf of America production unit

February 13, 2025 Mariel Alumit

Singapore shipyard group Seatrium has signed a memorandum of understanding with energy giant BP for a second floating production unit project in the US Gulf of Mexico. Under the agreement, Seatrium would carry out the […]

Downstream

Trump Shocks Allies

February 13, 2025 Andy Del Prado

Daily Standup Top Stories US stuns European allies, opens Ukraine peace talks with Russia February 12, 2025 Mariel Alumit   BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks […]

New Nuclear for Maritime Houston Summit
Nuclear

New Nuclear for Maritime Houston Summit makes headlines

February 12, 2025 Mariel Alumit

The New Nuclear for Maritime Houston Summit has been making headlines this week for bullish comments on how atomic propulsion will have a place in the future merchant fleet. HD Korea Shipbuilding & Offshore Engineering […]

Inflation
Finance

Beneath the Skin of CPI Inflation: Worst Month-to-Month Acceleration of CPI since Aug 2023, on Spikes in Used Vehicles, Non-Housing Services, Food, Energy

February 12, 2025 Mariel Alumit

By Wolf Richter for WOLF STREET. Inflation dished out another bad surprise with a big increase in January from December, which wasn’t a surprise because inflation, once it gets going, is known to do that. This time, the […]

Trump
Geopolitical

US stuns European allies, opens Ukraine peace talks with Russia

February 12, 2025 Mariel Alumit

  BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s pre-2014 […]

Shell
International News

Shell expects significant near-term LNG demand growth

February 12, 2025 Mariel Alumit

Shell released its 2025 energy security scenarios, reimagining its Archipelagos and Horizon scenarios in the context of a world using artificial intelligence. The company also added a third scenario, Surge, which explores the prospect of […]

Trump
Energy Regulations

Will Trump’s second term change the future of energy?

February 12, 2025 Mariel Alumit

President Trump’s return to the White House appears poised to throw a wrench into the U.S.’s energy transition — though not to stop it. Trump repeatedly pledged on the campaign trail to implement policies favorable to […]

Crude Oil
Crude Oil News

Crude Oil Price Forecast: Crude Oil Reclaims $72.83, Targets Higher Resistance Levels

February 12, 2025 Mariel Alumit

Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91. Crude oil further confirmed the recent swing low of $70.91 as support. On Tuesday, crude triggered a […]

Saudi Arabia’s Texas Refinery Just Made a Power Move
Downstream

Saudi Arabia’s Texas Refinery Just Made a Power Move

February 12, 2025 Mariel Alumit

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now processing a record 654,000 barrels […]

Trump
Critical Minerals

Here’s why Trump really wants to get his hands on Greenland and Canada

February 12, 2025 Mariel Alumit

What if the American president’s seemingly outlandish claims on serve a higher purpose? In a world caught between ecological limits and technological ambition, the revival of the long-dormant vision of the Technate suggests that America’s […]

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