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Home2025April

Month: April 2025

Seaspan
Press

Seaspan books six containership newbuilds in China

April 30, 2025 Stu Turley

Seaspan has put pen to paper on more containership newbuilds at Shanghai Waigaoqiao Shipbuilding (SWS) in China. The Bing Chen-led tonnage provider has booked six 10,000 teu vessels with delivery likely starting in 2028. No […]

Woodside
LNG

Woodside takes FID on $17.5 billion Louisiana LNG project

April 29, 2025 Mariel Alumit

Woodside announced the decision in a statement on Tuesday, saying that the company is targeting its first LNG in 2029. Development of Louisiana LNG will position Woodside as a “global LNG powerhouse”, enabling the company […]

Big Oil Companies

BP’s profit down in Q1

April 29, 2025 Mariel Alumit

BP said on Tuesday its underlying replacement cost profit reached $1.38 billion. This compares to $2.72 billion in the first quarter of 2024 and $1.17 billion in the prior quarter. Compared with the prior quarter, […]

Golden Pass LNG
Exports

Golden Pass LNG moving forward with commissioning activities

April 29, 2025 Mariel Alumit

According to a FERC filing dated April 28, the regulator granted Golden Pass LNG permission to commission the LNG systems. FERC approved Golden Pass LNG’s request to commission the boil-off gas compression system, LNG storage, […]

Port Arthur LNG
LNG

Three dead in accident at Port Arthur LNG site

April 29, 2025 Mariel Alumit

“At approximately 2 a.m. on Tuesday, April 29, an incident occurred at the Port Arthur LNG construction site involving employees of engineering, procurement, and construction contractor, Bechtel,” a spokeswoman for Sempra Infrastructure, a unit of […]

Earnings

Nakilat’s Q1 profit up 3.2 percent

April 29, 2025 Mariel Alumit

The firm reported a net profit of about 433 million riyals ($118.8 million) for the first quarter of 2025, ended March 31. This compares to about 420 million riyals in the first quarter of 2024. […]

Layoffs and discharges
Finance

Despite All Moaning and Groaning: Layoffs & Discharges Plunge, Hires and Voluntary Quits Rise, Driven by Private Sector Strength

April 29, 2025 Mariel Alumit

The labor market started regaining momentum in the fall of 2024, and it continued through March. By Wolf Richter for WOLF STREET. Layoffs and discharges plunged by 222,000 workers in March from February, seasonally adjusted, to 1.56 million […]

Climate Crisis

EU’s Green Dream Ignores U.S. Warnings And Falls Into China’s Geopolitical Grip

April 29, 2025 Stu Turley

ENB Pub Note: This article only scratches the surface of the changes in the financial and trading blocks underway. The UK and EU are losing their leadership in the global trading blocs, and the center […]

Dutch government
Electrical Generation / Utilities

Dutch government scales back offshore wind to preserve fisheries

April 29, 2025 Mariel Alumit

ENB Pub Note: Focusing on Fishing rather than offshore wind is a good thing. The country is realizing that offshore wind is crippling their fishing industry and not providing the electrical generation that was promised.  […]

Climate Crisis

Solar Power’s Overreliance Likely Culprit In Spain And Portugal Blackouts

April 29, 2025 Mariel Alumit

ENB Pub Note: The grid interdependence and interconnects in the EU and UK are absolutely a disaster waiting to happen. The grid is country border agnostic and relies on physics and fiscal responsibility. Without sufficient […]

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