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Home2025

Year: 2025

BRICS

World’s fourth most-populous country joins BRICS

January 7, 2025 Mariel Alumit

Indonesia has become a full-fledged member of the group, the its current rotating chair country, Brazil, has announced Indonesia has formally joined BRICS as a full member, Brazil, which currently holds the group’s rotating presidency, […]

NextDecade
Exports

NextDecade gets $175 million loan for Rio Grande LNG

January 7, 2025 Mariel Alumit

NextDecade’s unit Rio Grande LNG Super has entered into a credit agreement with General Atlantic Credit’s Atlantic Park Fund that provides for the senior secured loan. According to a statement by NextDecade, proceeds from the […]

Biden administration
Geopolitical

Why Biden’s Foreign Policy Fell Short

January 7, 2025 Mariel Alumit

The White House never met its own grandiose standards. At its inception, the Biden administration proudly declared that “America is back.” The 2022 National Security Strategy announced that by “leveraging our national strengths and rallying […]

North Sea
Big Oil Companies

Shell and Equinor team up in North Sea

January 7, 2025 Mariel Alumit

Equinor UK and Shell UK are joining forces to create the UK North Sea’s largest independent oil and gas producer. Combining their offshore assets and expertise into a 50/50 joint venture, the new company will […]

Hokkaido Gas
Imports

Japan’s Hokkaido Gas eyes new LNG terminal

January 7, 2025 Mariel Alumit

Hokkaido Gas said on Tuesday it has decided to study the development of a “carbon-neutral” hub at the Tomakomai East Port to promote GX (green transformation) in Hokkaido. According to the utility, Hokkaido has the […]

Syrian
Geopolitical

US eases Syrian energy sanctions

January 7, 2025 Mariel Alumit

Following the ousting of Syrian dictator Bashar al-Assad last month, the US Treasury has decided to ease some sanctions on the war-torn Middle Eastern nation. While most restrictions remain in place, a general license issued […]

Climate Crisis

Biden Bans Offshore Drilling….Kinda

January 7, 2025 Andy Del Prado

Daily Standup Top Stories Politics Biden bans new offshore oil and gas drilling in most U.S. coastal waters January 6, 2025 Mariel Alumit We talked about this on our Daily Stand Up (https://energynewsbeat.co/biden-eyes-drilling-ban/) and no less […]

nuclear propulsion
Energy Transition

Norwegians eye nuclear propulsion

January 7, 2025 Mariel Alumit

Norwegian shipbuilder Vard is collaborating with the Norwegian University of Science and Technology in Ålesund and other stakeholders in a project exploring nuclear propulsion for the maritime sector. NuProShip, short for Nuclear Propulsion in Shipping, […]

Bank of Japan
Finance

Bank of Japan Balance Sheet: QT Takes Off, Assets Drop to Lowest in 15 Months

January 7, 2025 Stu Turley

Too little too late to help the yen that got mauled by 10 years of rampant QE. By Wolf Richter for WOLF STREET. The Bank of Japan had announced at its meeting on July 31, 2024, that it would […]

inflation
Finance

German inflation climbs even higher than forecast

January 6, 2025 Mariel Alumit

  Germany’s inflation rate rose by more than expected in December, preliminary data released on Monday showed, deepening the country’s economic crisis ahead of snap federal elections next month. The headline inflation rate increased to […]

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