Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies […]
It also wrote down its €1 trillion in gold by €30 billion due to its price decline in euros in Q2. By Wolf Richter for WOLF STREET. The ECB’s two big QE categories – loans to banks and […]
Under the deal, SEFE’s subsidiary, SEFE Energy, will purchase an additional 0.75 million tonnes per annum (mtpa) of LNG from CP2 LNG, Venture Global’s third project, for 20 years. Ventire Global said this amends the […]
Daily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister […]
South Korea’s revitalised mid-sized shipbuilder, K Shipbuilding, has been officially put on the market, with owners targeting a sale price of up to KRW1trn ($730m). The sale marks a dramatic turnaround for the former STX […]
There was an extra-special spectacle in Q1 among the Swiss franc, Australian dollar, British pound, and Japanese yen. By Wolf Richter for WOLF STREET. The dollar’s status as dominant foreign exchange-reserve currency has been diminishing for years as […]
Saudi Aramco, the world’s largest oil exporter, is making waves in the liquefied natural gas (LNG) market with advanced negotiations to secure 2 million tonnes per annum (Mtpa) of LNG from Commonwealth LNG’s terminal in […]
Copper prices have gone stratospheric, with U.S. Comex futures spiking as much as 17% in a single day—the largest intraday gain in over three decades—following President Donald Trump’s announcement of a 50% tariff on copper […]
The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […]
Listings YoY: Orange County +66%, San Diego +55%, Fresno +48%, Sacramento +47%, Los Angeles +45%, Riverside-San Bernadino +43%, San Jose & Silicon Valley +39%; San Francisco metro +30%. By Wolf Richter for WOLF STREET. Los Angeles County: Active […]
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