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HomeInternational News

International News

Solar on the Energy News Beat created by Grok on X
Bankruptcy

China Tackles Price Wars as Bloated Solar Sector Amasses Huge Losses

September 4, 2025 Clark Savage

In a bold move to rein in the chaos gripping its solar industry, China is cracking down on destructive price wars that have left the sector bloated with overcapacity and drowning in billions of dollars […]

TB Marine and Ektank
International News

TB Marine and Ektank sign for chemical tanker newbuilds

September 4, 2025 Mariel Alumit

German owner TB Marine and Sweden’s Ektank have signed up for 22,000 dwt methanol-ready chemical carriers to join the IceChem Tankers pool. The Danish pool operator said four ships have been contracted, with the first […]

Bourbon
International News

Bourbon lines up newbuilds for ExxonMobil in Angola

September 4, 2025 Mariel Alumit

French OSV owner Bourbon has strengthened its long-standing relationship with ExxonMobil in Angola with a five-year charter for newbuild crew transfer vessels. The deal will see Bourbon Mobility deliver tailor-made 34-m crewboats to shuttle personnel […]

Nam Cheong
International News

Nam Cheong pulls plug on Japan OSV contract

September 4, 2025 Mariel Alumit

Malaysia’s Nam Cheong has terminated a charter deal for one of its offshore support vessels with an offshore wind farm contractor in Japan after the charterer failed to meet its obligations. The Singapore-listed company said […]

ADES
International News

ADES scores multi-year jackup extension deal in Qatar

September 4, 2025 Mariel Alumit

Saudi Arabia’s ADES has signed a multi-year contract extension with QatarEnergy for its jackup rig Aquamarine Driller, marking its second long-term award in Qatar this year. The deal secures the rig for a firm period […]

A contaniner ship seen near the Hai phong International Container Terminal REUTERS
Biofuel

US Tells Countries to Reject UN Ship Fuel Emissions Deal or Face Tariffs

September 4, 2025 Clark Savage

In a bold move that underscores growing tensions over global environmental regulations, the United States has reportedly urged other nations to oppose a proposed United Nations deal aimed at curbing emissions from marine fuels, threatening […]

ENB Pub Note

The Power Of Siberia 2 Pipeline Deal Signifies The Failure Of Trump’s Eurasian Grand Strategy

September 4, 2025 Clark Savage

ENB Pub Note: I published Russia Wins in China with New Pipeline on September 2nd, and this article from Andrew Korybko’s Newsletter on Substack has some additional key points. We warned President Trump not to listen […]

China
Bitcoin

China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped

September 3, 2025 Clark Savage

In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan as a formidable contender […]

Electrical Generation / Utilities

Germany Sees Bigger Role for Gas to Keep the Lights On

September 3, 2025 Clark Savage

In recent years, Germany has been at the forefront of the global energy transition, championing ambitious green policies and aggressively phasing out both coal and nuclear power. However, as the country grapples with energy shortages […]

Saudi Arabia leads in new gas-fired power plants as Mitsubishi Power expands in Middle East
Earnings

Mitsubishi Heavy to Double Turbine Capacity as Demand Soars

September 3, 2025 Clark Savage

In a bold move signaling robust growth in the energy sector, Mitsubishi Heavy Industries Ltd. (MHI) has announced plans to double its gas turbine production capacity over the next two years. This decision comes amid […]

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