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Home2025

Year: 2025

Tango FLNG
Finance

Eni, Exmar in arbitration over Tango FLNG performance bonus

September 7, 2025 Mariel Alumit

Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG […]

Kogas
Financial Crisis

Kogas, Kospo seal 10-year gas supply deal

September 7, 2025 Mariel Alumit

Kospo said it will receive a total of 4.4 million tons of natural gas from Kogas for 10 years from 2027. Unlike the existing “average rate system” where Kogas supplies gas uniformly to all power […]

NewFortress Energy-Energy News Beat
Earnings

New Fortress Energy Announces Second Quarter 2025 Results

September 7, 2025 Clark Savage

NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2025. Adjusted EBITDA(1) of $(4) million in the second quarter of 2025 Net loss […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

OPEC+ Agrees in Principle to Increase Production in October

September 6, 2025 Clark Savage

In a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including […]

AI

Powering the AI Boom: Grid Challenges & Energy Innovation

September 6, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley sits down with Bill Mazzetti of Rosendin to break down the explosive growth of AI-driven data centers, behind-the-meter power strategies, and the future […]

Bitcoin

Why Net Zero Is Crushing the United Kingdom – ENB Weekly Recap

September 6, 2025 Andy Del Prado

Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes […]

Off shore in the Tawain EEZ - Created by Grok on X
AI

China Escalates Taiwan Provocations with Illegal Oil Drilling in EEZ

September 6, 2025 Clark Savage

In a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan’s exclusive economic zone (EEZ), marking a new phase […]

Electric Vehicles

Hyundai EV Battery Plant Raided by ICE: 475 Detained in Major Immigration Enforcement Action

September 6, 2025 Clark Savage

September 6, 2025In a dramatic escalation of immigration enforcement, U.S. Immigration and Customs Enforcement (ICE) conducted a large-scale raid on Hyundai’s electric vehicle (EV) battery manufacturing plant in Bryan County, Georgia, resulting in the detention […]

Finance

Ørsted Secures $9.4 Billion to Navigate U.S. Offshore Wind Crisis

September 6, 2025 Clark Savage

Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty […]

Finance

SCO Unity Crumbles Amidst Internal Conflicts

September 6, 2025 Clark Savage

Internal disputes and rivalries, particularly involving Azerbaijan, India, and Russia, are undermining the perceived unity and potential expansion of the Shanghai Cooperation Organization. India reportedly blocked Azerbaijan’s full membership application to the SCO, possibly due […]

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