How the West can avoid the next Northvolt going south. Northvolt’s story seemed like a fairy tale. Peter Carlsson, an ambitious and entrepreneurial former Tesla executive, founded the Swedish battery maker in 2016 to secure […]
With the Ukrainian gas transit deal set to expire in 2024, TurkStream is poised to become Russia’s sole remaining pipeline outlet to Europe. Stopping its operations would cut off Russia’s pipeline gas revenue entirely. […]
AGDC said in a statement that the Alaska Industrial Development and Export Authority (AIDEA) has approved a resolution to negotiate a letter of credit with AGDC to backstop the FEED costs on Alaska LNG Phase […]
European Energy Denmark’s offshore wind ambitions have taken a heavy hit after the first part of the 6GW tender in the North Sea failed to attract any bids. The deadline for bidding on the first […]
Changes are afoot in the Iranian-linked VLCC fleet with just over six weeks until Donald Trump is sworn in as the 47th president of the US. Splash reported on further sanctions aimed at Iran’s tanker […]
Quantitative Tightening shed 43% of the assets the Fed had added during pandemic QE. Bank-panic facility BTFP is vanishing. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet dropped by $98 billion in November, […]
This article was originally published by Floodlight. A small town in North Carolina has taken a bold step, filing the first climate “deception” lawsuit against an electric utility in the United States. In a […]
Shanghai Waigaoqiao Shipbuilding China’s combined orderbook for merchant ships has grown by a remarkable 170% this decade, stretching its lead over its nearest shipbuilding rivals dramatically. Data from Greek broker Intermodal and Clarksons Research show […]
The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]
Gov. Newsom’s green transition pushes costly energy policies while ignoring hydrocarbons’ role, harming California’s economy and low-income residents. Driven by California Governor Gavin Newsom’s obliviousness to the reality that the so-called green energy transition is […]
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