In a stark admission during a September 2025 press conference, China’s Finance Minister revealed that “every penny we spend is borrowed,” highlighting the precarious state of the nation’s finances. This confession has reignited global concerns […]
– Surging VLCC rates have seen the cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, reach a two-year high of $29,888 per day as […]
Data source: U.S. Energy Information Administration, Annual Electric Generator Report Data values: File 3.4—Energy Storage In our annual survey of power plant activity, we ask operators of utility-scale batteries how they are using their systems, and one use case […]
Israeli maritime analytics firm Windward is reporting that the government of Comoros has begun a clean-out of its international registry, a flag which has been central to sanctions-circumventing dark fleet tankers shipping Russian, Iranian and […]
WASHINGTON (TNND) — The United States and Kazakhstan reached a $4.2 billion locomotive agreement on Monday that will support thousands of U.S. jobs in Texas and Pennsylvania. Parts maker Wabtec, based in Pennsylvania, will provide the […]
The vast resources of underground coal, crude oil, and natural gas are all useless unless refined or processed into the fuels and products that support the lives of 8 billion people. Refineries, coal gasification, and […]
Under the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in […]
IEA hypocritical about-face, and market impacts You won’t want to miss the global team of podcasters covering the IEA walking back its stances on oil and the huge impacts on international markets. David Blackmon, Tammy […]
In the wake of geopolitical shifts and Europe’s ongoing quest for energy security, U.S. oil supermajors are ramping up their presence in the liquefied natural gas (LNG) market. Companies like ExxonMobil and Chevron are expanding […]
In the heart of rural Louisiana, a colossal $10 billion project is underway that promises technological advancement but threatens the livelihoods of local farmers. Meta, the parent company of Facebook and Instagram, is constructing what […]
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