A German city is producing methanol for ships from wastewater in a world-first. A consortium consisting of the climate technology startup ICODOS, the Karlsruhe Institute of Technology (KIT), and the Mannheim Municipal Wastewater Treatment Plant […]
The hydrocarbon arm of Indian engineering conglomerate Larsen & Toubro (L&T) has received a contract for work on QatarEnergy LNG’s North Field production sustainability offshore compression project. According to a regulatory filing, the contract is […]
A tentative naval ceasefire has been reached in the Black Sea after more than three years of war between Ukraine and Russia, however, many issues need to be ironed out before the two sides down […]
Japanese conglomerate Marubeni has acquired a 25.1% stake in offshore wind service vessel provider Windward Offshore Windward Offshore, which has a fleet of four CSOVs under construction at VARD shipyards, entered a partnership with Marubeni […]
Swedish utility Vattenfall has made the final investment decision for the Nordlicht 1 and 2 offshore wind farms in Germany. The construction of the Nordlicht 1 and 2 wind farms is planned to begin in […]
Bring on the new houses! Prices drop amid homebuilders’ efforts to sell the inventory. By Wolf Richter for WOLF STREET. Inventories of completed new single-family houses for sale in February jumped by 34% year-over-year, and by 55% from February […]
China, the biggest buyer of oil from Venezuela, saw trade with Venezuela stall on Tuesday after U.S. President Donald Trump threatened on Monday 25% tariffs on the goods of any country buying Venezuelan oil. Traders and refiners […]
After seeking $40B from Trump in aid, Newsom is spending $100M on launching methane-detecting satellites while California faces a $6B budget shortfall. California Governor Gavin Newsom announced Friday that the State of California will launch […]
On Tuesday, Alaska Governor Mike Dunleavy discussed the Alaska LNG project and other potential energy and trade cooperation with South Korean Industry Minister Ahn Duk-geun, as the U.S. Administration is looking to attract Asian investors in the […]
Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a potential resurgence of […]
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