HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of the HD Hyundai shipbuilding empire, has provided more details of the decision to merge its two flagship yards. Splash reported yesterday on the […]
In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]
ENB Pub Note: Doug Sheridan on LinkedIn again hits it out of the park. The IRA has done more harm to the US economy than most people realize, and it was a wealth realignment tool […]
In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA)—the world’s largest climate coalition for financial institutions—has suspended its operations and is now polling remaining members on whether to dismantle its […]
Hanwha Group has unveiled a $5bn expansion plan for Hanwha Philly Shipyard as well as ordering 10 tankers to be built in Philadelphia, in a landmark moment for Korea-US industrial cooperation designed to revive American […]
ENN Natural Gas announced the new SPA in a statement on Wednesday. Under the 10-year deal, Chevron will deliver “multiple” LNG cargoes annually to ENN, the Chinese firm said. Are you Paying High Taxes in […]
Under the new SPA, EQT will buy 2 million tonnes per annum of LNG for 20 years, according to a joint statement. EQT will purchase the LNG supplies on a free-on-board basis at a price […]
In a significant development for the European automotive and energy sectors, leading carmakers have declared that the European Union’s ambitious plan to ban combustion engine vehicles by 2035 is no longer realistic. This warning comes […]
The artificial intelligence (AI) boom is reshaping industries, from healthcare to finance, but it’s also igniting an unprecedented surge in electricity demand. Data centers powering AI models like those from OpenAI and Google are consuming […]
So goes Germany’s economy, so goes the EU. Germany’s GDP contracted 0.2% in 2024, marking back-to-back recessions, with forecasts for zero growth in 2025 due to persistent structural issues and trade tensions. There is a […]
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