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Home2025March

Month: March 2025

PV Gas
Finance

PetroVietnam Gas seeks three LNG cargoes

March 11, 2025 Mariel Alumit

According to a tender document posted on the company’s website, the cargoes, each with a quantity of 3,400,000 – 3,800,000 MMBtu, will be delivered from April 15 to May 29. PV Gas said the specific […]

North Sea
Crude Oil News

Fires continue to burn in North Sea following yesterday’s ship collision

March 11, 2025 Mariel Alumit

The search for a missing crewmember from the containership Solong that struck the tanker Stena Immaculate in the UK North Sea has been called off as fires aboard both ships continued to burn overnight. The […]

Chinese-built tonnage
Finance

Preliminary signs of a two-tier freight market emerge as US crackdown on Chinese-built tonnage nears

March 11, 2025 Mariel Alumit

The first signs of a two-tier market are emerging in anticipation of Donald Trump’s likely penalisation of Chinese-built tonnage. Broker BRS is reporting Chinese-linked ships are now becoming far less attractive for long time charters […]

RWE
Energy Policy

RWE slashes US offshore wind jobs over Trump’s renewables policies

March 11, 2025 Mariel Alumit

German utility RWE has laid off some of its offshore wind employees in the US following president Donald Trump starting his assault on the industry. RWE employs around 1,500 people in the US and its […]

Shipping
Geopolitical

Shipping on alert as Houthi deadline passes with no Gaza aid resumption

March 11, 2025 Mariel Alumit

Shipping is watching movements in the Red Sea closely today to see if Yemen’s Houthis renew attacks on commercial vessels passing through the Middle East. The Houthis have said they stand by today’s deadline they […]

Noble
Big Oil Companies

Noble gets $14m from Shell for short-term drillship hire

March 11, 2025 Mariel Alumit

UK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation’s drillships. Noble said via social media channels that a one firm well plus one option well deal was awarded to the […]

Ontario
Geopolitical

Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York

March 10, 2025 Mariel Alumit

(Bloomberg) — A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs. Ontario directed its grid operator, the Independent […]

China’s Oil Imports
Crude Oil News

China’s Oil Imports Could Rise as Newest Refinery Begins Trial Runs

March 10, 2025 Mariel Alumit

Shandong Yulong Petrochemical is set to begin trial runs at its second 200,000 bpd crude processing unit, increasing China’s refining capacity. This expansion could lead to a boost in China’s crude oil imports, despite recent […]

Germany
Energy Crisis

Germany’s New Government Is Set to Reshape Its Energy Policy

March 10, 2025 Mariel Alumit

Germany’s new coalition government is shifting energy policy, potentially rolling back ambitious climate targets. The government plans a €500 billion infrastructure fund to upgrade the nation’s aging power grids. Concerns over high energy costs and […]

Climate Crisis

The Collapse of the Green Revolution

March 10, 2025 Mariel Alumit

The Collapse of the Green Revolution We are seeing startling trends worldwide, and our special guest today is an author and energy speaker, Robert Bryce. We have so much to cover, and he is an […]

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