AsiaOffshore SP Energy SP Energy Malaysian oilfield services company Bumi Armada and its joint venture partner Shapoorji Pallonji Energy (SP Energy) have won a contract from ONGC for the bareboat charter of the Armada Sterling […]
ENB Pub Note: Net Zero is not a plan to be followed, as it is a wealth transfer program that does not positively impact the environment. The offshore wind farm auction will be ecologically sound […]
Norway’s Aker Solutions has secured more work from Dragados Offshore, picking up a contract to build steel substructure for the BalWin2 high-voltage direct current (HVDC) converter station, part of the 2 GW offshore wind grid […]
It’s the older office towers that get in trouble amid a flight to quality. By Wolf Richter for WOLF STREET. The delinquency rate of office mortgages that have been securitized into commercial mortgage-backed securities (CMBS) re-spiked by 83 […]
Outside of two heroes that pushed down the overall indices, there isn’t anything benign about this PCE inflation data. By Wolf Richter for WOLF STREET. The PCE price index, released today by the Bureau of Economic Analysis, was […]
ENB Pub Note: The fastest way to reduce gasoline and diesel consumption would be to roll out a positive campaign for hybrid cars and trucks. The use of less battery material, combined with tax incentives, […]
ENB Pub Note: I have included the energy mix for Taiwan, and some offshore wind may be viable due to the terrain, given that the country is energy-import-dependent. However, offshore wind would be an open […]
ENB Pub Note: The article below, talking about the UCL Energy Institute’s Shipping and Oceans Research Group, only raises questions for me. I included some basic information for using ammonia as a fuel. It is […]
Update on an ugly situation. By Wolf Richter for WOLF STREET. A key issue of the US government fiscal situation: What portion of the tax receipts are eaten up by interest payments on the monstrous and ballooning federal […]
Adios, “spring selling season.” By Wolf Richter for WOLF STREET. Pending home sales, a forward-looking indicator of “closed sales” of existing homes, plunged by 6.3% in April from March, seasonally adjusted, according to data from the National Association […]
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