Today (Tuesday 9 April) the Parliament’s trade and energy committees voted to support the EU withdrawal from the Energy Charter Treaty (ECT), with 58 Members of the European Parliament (MEPs) in favour, eight against, […]
Cadeler Denmark-based Cadeler has inked a firm long-term vessel deal with compatriot utility Ørsted for one of its wind farm installation newbuilds. Under the agreement, the BW Group and Scorpio-backed shipowner will provide Ørsted with […]
EuropeTankers Telegram A new report from Oslo-based Arctic Securities estimates today that around 20% of Russia’s refining capacity has been knocked offline with as much as 3m more barrels per day at risk from increasingly […]
NEW YORK, April 8 (Reuters) – Oil prices fell on Monday, ending a multi-session rally after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks with Hamas. Brent crude […]
“Rates have been extremely low for a long time — it’s hard to know how many investors and companies are truly prepared for a higher rate environment.” By Wolf Richter for WOLF STREET. Jamie Dimon, in his letter […]
The elephant in the room that no one wants to discuss is that crude oil is the foundation of our materialistic society as it is the basis of all products and fuels demanded by the […]
Jamie Dimon said US delays of liquefied natural gas projects were done for political reasons to pacify those who believe oil and gas projects should simply be stopped — a position he calls “wrong” and “enormously […]
U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China’s green energy exports. “I wouldn’t rule out anything out at this point. We need to […]
Monday’s total solar eclipse will offer U.S. power grid operators a chance to help answer a pressing question: What happens to a solar-rich grid when there’s suddenly no sunlight? Grid planners aren’t expecting power shortages […]
While other international majors are closing down refineries or converting them to biofuel production, ExxonMobil is expanding its UK site and will start delivering diesel from the expanded Fawley refinery in early 2025. ExxonMobil is investing $1 […]
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