Wärtsilä, in partnership with Chevron Shipping, is converting one engine on six of Chevron’s LNG carriers from dual-fuel (DF) to spark gas (SG) operation, a first-of-its-kind project in the marine industry aiming to reduce methane […]
By Wolf Richter for WOLF STREET. The new motto: Lower mortgage rates and too-high prices cause demand to wilt as potential buyers wait for still lower mortgage rates, lower prices, and higher wages – something that Fannie Mae […]
Saudi Arabia’s crude oil exports fell in July due to increased domestic consumption for power generation. Despite a rise in production, Saudi Arabia maintained its pledge to keep output around 9 million bpd. Saudi Arabia […]
Oil prices climb on the Fed’s rate cut, initially dampened by worries about the U.S. economy but lifted by ongoing tensions in the Middle East. Geopolitical uncertainty, including explosions in Lebanon, contributes to a shift […]
Chevron CEO Mike Wirth argues that the Biden administration’s green policies, particularly the moratorium on new LNG export permits, are undermining US energy security and raising energy costs. Wirth warns that these policies are hindering […]
The LNG industry is facing a series of challenges, including regulatory hurdles, supply chain disruptions, and price sensitivity, which could impact its future growth. Asian demand for LNG, a key driver of the industry’s expansion, […]
TotalEnergies revealed this in a statement on Thursday saying it is part of its strategy to grow its long-term LNG sales. The company announced a 5-year extension of its SPA with CNOOC, for the delivery […]
Four grid operators warn that the EPA’s new power plant rules will lead to premature plant retirements, risking a grid collapse and threatening power reliability. The Biden-Harris administration says that its stringent power plant rules […]
A Department of Labor report highlights how key materials used in green energy products are acquired through child or slave labor. Those pushing a green energy transition in the U.S. and beyond will need to […]
Media claims of 1,000-year storms are based on shaky data. A climatologist reveals the truth behind these overblown weather predictions. When the media claims we’re experiencing a “once in 500-year” or “once in 1,000-year” weather […]
Copyright © 2025 | Sandstone Group