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Home2025April

Month: April 2025

Carbon Tax

Oil Prices Don’t Support New Drilling

April 16, 2025 Andy Del Prado

Daily Standup Top Stories Free calculator launched for shipowners to navigate IMO’s new green deal April 15, 2025 Stu Turley ENB Pub Note: While guidance and less pollution is a great thing. The belief that you […]

Nvidia
AI

Nvidia Makes Mess Afterhours, Discloses $5.5 Billion in Charges due to US Export Restrictions on its H20 Chip for China

April 15, 2025 Mariel Alumit

Stock down 6.5%, Nasdaq futures down 1.5%. By Wolf Richter for WOLF STREET. Nvidia disclosed in a filing with the SEC that it expects to charge up to $5.5 billion against earnings in its fiscal Q1 due to […]

Canada
Finance

The Most Splendid Housing Bubbles in Canada, March 2025: Sales Plunge, Supply Surges, Overall Prices Drop to Multi-Year Lows, Driven by Toronto

April 15, 2025 Mariel Alumit

But in some metros, prices continued to spike. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Winnipeg, Quebec City. By Wolf Richter for WOLF STREET. As sales plunged and supply surged, prices of single-family properties in […]

Climate Crisis

‘Waste Of Taxpayer Funds’: Feds Yank $64M Grant For ‘$40B’ Texas Bullet Train

April 15, 2025 Stu Turley

DOT says it will save taxpayers over $60M by canceling a grant meant to help fund a $40B high-speed electric bullet train in Texas. ​The Texas Central Railway project aimed to connect Dallas and Houston […]

Press

Diana Shipping fixes out panamax to China Resource Chartering

April 15, 2025 Stu Turley

Dry CargoEurope Diana Shipping Diana Shipping Greek bulker owner Diana Shipping has entered into a time charter contract with China Resource Chartering for one of its panamax vessels. The company hired the 2013-built, 77,901 dwt […]

Press

DHT confirms disposal of Chinese-built tonnage

April 15, 2025 Stu Turley

AmericasTankers MarineTraffic / W Iain H McGeachy MarineTraffic / W Iain H McGeachy DHT Holdings, a New York-listed tanker giant, has confirmed the sale of two Chinese-built VLCCs. DHT said in a statement that it […]

Crude Oil News

Iraq and Turkey Boost Cooperation With Landmark 2.4 Million Bpd Pipeline

April 15, 2025 Clark Savage

The Iraqi Oil Ministry has announced a new subsea oil pipeline deal with Italian offshore contractor Micoperi and Turkish firm Esta. This pipeline, with a capacity of 2.4 million bpd, will support increased exports from […]

U.S. crude oil production
Crude Oil News

Lower Oil Prices Threaten Permian Basin Growth

April 15, 2025 Clark Savage

US oil producers are struggling to defend margins at $60 WTI due to additional corporate costs that raise the all-in breakeven price. Trade policies and market volatility are threatening US oil production growth, particularly in […]

Climate Crisis

Junk Science And The Air Pollution Scam

April 15, 2025 Stu Turley

A look inside the junk science behind particulate matter claims, EPA overreach, and the costly fiction fueling America’s air quality regulations. ​We took one for the team by reading Particles of Truth: A Story of […]

Hudong-Zhonghua
International News

Hudong-Zhonghua delivers CMA CGM’s LNG-powered giant

April 15, 2025 Mariel Alumit

Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s first in a new series of 23,000-teu LNG dual-fuel containerships. The CSSC-controlled shipbuilder delivered the LNG dual-fuel CMA CGM Seine on Tuesday. Last month, this containership competed its […]

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