Screenshot Stormy seas saw three ships run into difficulty in and around Russia’s Kerch Strait yesterday. The Volgoneft-212, built in 1969, carrying some 4,300 tonnes of fuel oil, broke in half, while another laden elderly […]
CORE POWER Mikal Boe writes for Splash today on nuclear’s regulatory approval process. It’s 114 years since the first diesel powered ships set out to sea. That big diesel engine changed the world because diesel […]
An early near disaster hasn’t deterred Moscow from pursuing its ambitions along the world’s coldest shipping thoroughfare The Northern Sea Route (NSR), known in Russian as Sevmorput, is a vital transportation artery spanning the country’s […]
Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur. “Achieving this milestone for a 20 mtpa nameplate capacity project 30 months from its […]
Fed cut by 75 basis points since September while 10-year Treasury yield rose by 75 basis points to 4.40%, as Bond Market frets about Inflation & Supply. By Wolf Richter for WOLF STREET. The 10-year Treasury yield jumped […]
GDP is forecast to decline by 0.2% this year, a sharp downgrade from Bundesbank’s previously projected 0.3% expansion Germany’s central bank has slashed growth outlook for the EU’s largest economy, projecting that it will contract […]
The United States will in the coming days introduce financial sanctions against Serbia’s oil giant NIS, which is majority owned by Russia’s Gazprom Neft and Gazprom, President Aleksandar Vučić said on Friday (13 December). […]
Amid a surge in utility shutoffs, and in the face of a groundbreaking study finding racial disparities in those outcomes, Minnesota’s largest utility is taking a closer look at the issue. In a November […]
A Ukrainian Nobel Peace Prize winner weighs in on his prospects. Donald Trump’s victory in the 2024 U.S. presidential election raised immediate questions and concerns in Ukraine amid its war with Russia. Trump has been […]
By Wolf Richter for WOLF STREET. Balances in money market funds held by households at the end of Q3 jumped by $167 billion from the prior quarter to $4.11 trillion, according to the Fed’s quarterly Z1 Financial Accounts […]
Copyright © 2025 | Sandstone Group