State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]
The UK reached a major renewable energy milestone yesterday, with its wind power capacity hitting 30GW. Almost half of this – 48% – is being generated by Scotland’s offshore and onshore wind farms. This 30GW […]
Last week, both Atlantic and Pacific rates declined. “Spark30s Atlantic rates experienced a third week-on-week decrease, falling by $1,000 to $60,500 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on Friday. He said that Spark25S […]
TotalEnergies has announced a new pilot project to install a floating wind turbine to supply renewable electricity to the Culzean offshore platform in the North Sea. The project is designed to test an approach to […]
UK energy production and consumption declined from April to June 2024 compared to the same period last year. Primary energy consumption fell by 2%, with a 1.4% drop when adjusted for temperature changes. Indigenous energy […]
Heading into the holiday weekend, the retail price for all formulations of regular gasoline in the United States averaged $3.31 per gallon (gal) on August 26, 2024, 13% lower than this time last year. The […]
The US Department of the Interior has revealed that it would hold an offshore wind energy lease sale off southern Oregon. The two areas to be auctioned on October 15, 2024, by the Bureau of […]
Decarbonising shipping could double the cost of transporting goods by containers, according to a new report from class society DNV. Ahead of next week’s SMM, the world’s largest shipping exhibition, DNV has released its latest […]
By Wolf Richter for WOLF STREET. The long-term fiscal mess the US has been wallowing in for many years – the mindboggling deficits even during a strong economy that turned into the incredibly ballooning debt, encouraged and enabled […]
Despite many nations transitioning away from fossil fuels, in 2023, world coal consumption reached a staggering 164 exajoules (EJ) of energy, a record high for any year. For this graphic, Visual Capitalist’s Alan Kennedy has partnered with Range ETFs to explore […]
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