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Home2025June

Month: June 2025

offshore wind
International News

Brazil issues first offshore wind license to 24.5MW pilot project

June 25, 2025 Mariel Alumit

The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in […]

Japan
International News

Japan charts course to double shipbuilding capacity by 2030

June 24, 2025 Mariel Alumit

Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling […]

US Dollar
Finance

The Somewhat Bedraggled US Dollar against the Euro, Yen, Canadian Dollar, Dollar Indices, and Soft Currencies like the Indian Rupee

June 24, 2025 Stu Turley

No longer the cleanest dirty shirt. By Wolf Richter for WOLF STREET. The somewhat bedraggled US dollar lost more ground against the euro today. It now takes 1.16 USD to buy 1.00 EUR, putting the dollar at the […]

Crude Oil News

Trump Truths a Strategic Shift: China Can Buy Iranian Oil

June 24, 2025 Clark Savage

In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on […]

Bitcoin

Texas Legislative session came close to solving the Grid issues

June 24, 2025 Clark Savage

ENB Pub Note: This is another article from Doug Sheridan on LinkedIn, and he raises some excellent points. The Texas legislature did address some grid issues for Texas data centers and would likely want the […]

China Planned for the Middle East Crisis and Has Oil Stored - source Grok on X
Crude Oil News

China Planned for the Middle East Crisis and Has Oil Stored

June 24, 2025 Clark Savage

China, the world’s largest crude oil importer and a powerhouse in global energy consumption, has long prioritized energy security as a cornerstone of its economic and geopolitical strategy. With escalating tensions in the Middle East—a […]

Crude Oil News

The Strait of Hormuz: A Dangerous Chokepoint Amid GPS Jamming and Geopolitical Tensions

June 24, 2025 Clark Savage

The Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread […]

Isral - Iran and Trump
ENB Pub Note

Five Reasons Why Iran & Israel Agreed To A Ceasefire

June 24, 2025 Clark Savage

ENB Pub Note: Interesting article from Andrew Korybko’s Newsletter about the swift ceasefire between Iran and Israel. While I do not agree with everything that Andrew writes, I do like his overall messaging. It is […]

Press

Latsco in for Huangpu Wenchong boxship brace

June 24, 2025 Stu Turley

Uncategorized Latsco Shipping Latsco Shipping Greece’s Latsco Shipping is expanding its footprint in the containership sector with newbuildings in China. Shipbuilding sources in Greece have linked the Paris Kassidokostas-Latsis-led diversified owner, traditionally linked to tankers […]

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Crude Oil News

U.S. Oil Producers Rushed to Hedge… Just in Time

June 24, 2025 Clark Savage

When Israel’s strikes on Iranian facilities sent oil prices spiking in mid-June 2025, U.S. oil producers didn’t hesitate. With West Texas Intermediate (WTI) crude jumping from the high $50s to $75 per barrel, shale operators […]

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