Shipping nuclear propulsion start-up CORE POWER is set to reach a funding milestone of $500m, which will support the UK-based company in finishing the technology designs and building the program for the maritime industry. CORE […]
Greek shipowners have spent what analysts at VesselsValue describe as an “unprecedented” $18bn on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes. Data from […]
US Central Command (CENTCOM) forces conducted multiple airstrikes on numerous Houthi weapons storage facilities in Yemen early this morning in a bid to degrade the militant group’s capability to continue what was described as their […]
WASHINGTON, Oct 16 (Reuters) – The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. WHY IT’S IMPORTANT President Joe […]
LONDON, Oct 16 (Reuters) – The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas […]
Oct 16 (Reuters) – Barrick Gold (ABX.TO) produced lower-than-expected gold in the third quarter because of a fall in output at its Carlin and Cortez mines in Nevada, the Canadian miner said on Wednesday. Carlin […]
Copelouzos said in a statement it entered into a “significant” strategic partnership with the Egyptian state gas company. The signing took place in Egypt on Monday. Panos Moschandreou, business development director of Copelouzos, and president […]
The Greek gas grid and Revithoussa LNG terminal operator said the LNG shipments in the nine-month period totaled 12.34 terawatt hours, or 17 tankers. This compares to 24.04 TWh, or 34 tankers, in the same period […]
In July 2023, NextDecade took the final investment decision on the first three Rio Grande trains and completed $18.4 billion project financing. NextDecade awarded the $12 billion EPC contract to compatriot Bechtel and it officially kicked of work on the […]
The Russian Prosecutor General’s office is seeking over €1 billion ($1.09 billion) in damages from UK-based energy giant Shell over a failed joint venture, the Moscow Arbitration Court told the media on Tuesday. Shell walked […]
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