French LNG containment firm GTT has signed a strategic cooperation deal with Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC). The agreement provides for cooperation between GTT and twelve subsidiaries of the CSSC conglomerate, notably […]
A unit of UK-based energy giant BP is joining forces with Indonesian firm AKR Corporindo to develop a regasification terminal in Indonesia’s East Java. According to statement by AKR, the distributor of petroleum and basic […]
Chinese shipbuilder Hudong-Zhonghua has handed over the 13,000-teu LNG-powered containership, CMA CGM Bahia. The naming and delivery ceremony for the LNG-powered vessel took place on December 7, according to the Chinese shipbuilder. This is the […]
The US, Canada, France, Japan and the UK have agreed to mobilise government-led investments totalling $4.2bn to develop a global nuclear supply chain. The decision was announced at the Net Zero Nuclear Summit at COP28 […]
The official numbers have been crunched at long last, and there is now a definitive answer to how much more Rocky Mountain Power rates will be for at least the first part of its two-part […]
27 EU member ministers agreed at a meeting this week that nuclear power should be included in the list of acceptable strategic technologies. With this new position, the number of strategic net-zero technologies available to […]
The Fed has now shed 29% of Treasuries it had added during pandemic QE starting in March 2020. By Wolf Richter for WOLF STREET. The Fed’s Quantitative Tightening (QT) continues on track, and the unwinding of the March […]
Two U.S. energy giants, ExxonMobil and Chevron, have disclosed their capital investment expectations, encompassing oil and gas plays, which go shoulder to shoulder with emission-reduction solutions, as these oil majors are no strangers to the […]
The House voted Wednesday evening in favor of legislation striking down federal regulations targeting gas-powered vehicles which, according to the White House, are designed to “accelerate the transition to electric vehicles.” In a 221-197 vote, the House […]
Chevron will allocate $14 billion for upstream investments in 2024, the company said in a budget update that saw the total capex planned for 2024 at between $18.5 billion and $19.5 billion. That would be an 11% […]
Copyright © 2025 | Sandstone Group