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Home2025

Year: 2025

Trump
Geopolitical

How Trump Could Put Tighter Screws on Moscow

January 30, 2025 Mariel Alumit

U.S. and European sanctions are already unprecedented, but there is plenty the new administration can still do to squeeze Russia’s earnings. Despite widespread concern in Ukraine, Europe, and part of Washington that U.S. President Donald […]

LNG power plant
Electrical Generation / Utilities

PetroVietnam Power says LNG power plant ready for first grid connection

January 30, 2025 Mariel Alumit

According to a statement by PV Power, the LNG power plant completed the no-load operation test at 3000 rpm on Wednesday and is ready to be connected to the grid for the first time on […]

Corpus Christi
Exports

Corpus Christi LNG expansion project 77.2 percent complete

January 30, 2025 Mariel Alumit

Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5 mtpa. In June 2022, Cheniere made the final investment decision on the Corpus Christi Stage 3 expansion project, […]

German
Finance

German businesses fed up with outgoing government

January 30, 2025 Mariel Alumit

  BERLIN – Hundreds of German entrepreneurs and business representatives gathered in Berlin and other cities on Wednesday to call for a change of government after February’s national election. “A lot has to happen before […]

LNG sales
Earnings

Shell’s Q4 profit reaches $3.66 billion, LNG sales drop

January 30, 2025 Mariel Alumit

The UK-based firm said its adjusted earnings reached $3.66 billion in the fourth quarter, down compared to $7.3 billion in the comparable quarter last year. Adjusted earnings dropped 39 percent compared to $6.03 billion in the prior quarter. […]

Eurozone
Finance

Eurozone unexpectedly stagnates as German, French economies contract

January 30, 2025 Mariel Alumit

  The euro area surprisingly stagnated in the fourth quarter of last year, data released on Thursday showed. Europe’s economic woes have shown no sign of abating. Quarterly GDP growth in the single currency area […]

Venture Global LNG
LNG

Venture Global LNG awards contracts to Baker Hughes

January 30, 2025 Mariel Alumit

Baker Hughes has been awarded a “major” contract to provide a modularized LNG system and power island to support Venture Global LNG projects in the US, the firm said on Thursday. In addition, Baker Hughes […]

sailing ships
International News

Are sailing ships the new Net Zero solution?

January 30, 2025 Mariel Alumit

Could wind be the answer to modern shipping woes? A new UCL Energy Institute report warns that over a third of the global maritime fleet, worth $400 billion (£320bn), risks early scrapping without costly retrofits […]

Russian gas
Energy Crisis

EU considering return to Russian gas – FT

January 30, 2025 Mariel Alumit

  The restoration of pipeline deliveries could reportedly form part of a Ukraine peace deal European Union officials are discussing the possibility of resuming Russian gas imports as part of a potential peace agreement in […]

GB electricity market
Electrical Generation / Utilities

Blackouts near miss in tightest day in GB electricity market since 2011

January 30, 2025 Mariel Alumit

Yesterday saw a blackout near miss in what turned out to be the tightest day the GB electricity market has seen since 2011. Wind power was 2.5 GW through the evening peak, solar was (obviously) […]

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