EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 29 shipments and 110 Bcf in the week ending […]
Donald Trump’s insistence that Europe shares more of the burden for its own defence is an opportunity, Emmanuel Macron said on Friday, as France pushes for a Europe-first approach in the EU’s defence industry […]
The UK has announced the Clean Industry Bonus (CIB), a new incentive scheme looking to increase investments in the offshore wind sector and push the country closer to its goal of decarbonising its energy system […]
By Wolf Richter for WOLF STREET. The summary could go something like this in terms of the past three years: More workers (employment +7.79 million, or +5.0%, BLS data), earning more money (average hourly earnings +13.4%), boosted total […]
Assisting Kiev’s war effort without US support will be a blow to the bloc’s budget, Bloomberg economists have warned The EU is facing extra costs of $3.1 trillion over the next decade if it wants […]
By Wolf Richter for WOLF STREET. As has been the case for many months, today’s Producer Price Index for January included big up-revisions of the prior month, driven by a whopper up-revision for services which account for two-thirds […]
Auchinclosss was asked during BP’e 2024 earnings call on Wednesday about how much volumes BP expects to receive from Venture Global’s Calcasieu Pass LNG plant in Lousiana this year. “Venture, I’m just going to not […]
Daily Standup Top Stories US stuns European allies, opens Ukraine peace talks with Russia February 12, 2025 Mariel Alumit BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks […]
By Wolf Richter for WOLF STREET. Inflation dished out another bad surprise with a big increase in January from December, which wasn’t a surprise because inflation, once it gets going, is known to do that. This time, the […]
Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91. Crude oil further confirmed the recent swing low of $70.91 as support. On Tuesday, crude triggered a […]
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