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HomeInternational News

International News

LNG terminal
Imports

Polish LNG terminal receives 300th cargo

July 23, 2024 Mariel Alumit

Poland’s Orlen has received the 300th cargo of liquefied natural gas (LNG) at the Swinoujscie terminal since the start of operations in 2016. The 2021-built LNG carrier Prism Courage delivered the milestone shipment to the […]

UK
International News

UK mandates green jet fuel by 2025

July 23, 2024 Mariel Alumit

The UK Government has announced the introduction of a sustainable aviation fuel (SAF) mandate, set to begin on 1st January 2025, subject to Parliamentary approval. This initiative aims to decarbonise air travel and stimulate economic […]

Dubai
Geopolitical

Dubai emerges as Russia’s gas shipping artery

July 23, 2024 Mariel Alumit

A host of entities have been established in Dubai to move Russian gas shipments around the world, in a move that mirrors how Moscow attempted to dodge sanctions for its oil exports. Nur Global Shipping, […]

Oil tankers
Crude Oil News

Oil tankers caught fire after colliding close to Singapore, crew rescued

July 22, 2024 Mariel Alumit

(Reuters) Two large oil tankers were on fire on July 19, 2024, after colliding near Singapore, the world’s biggest refueling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities […]

Climate Crisis

Is the Energy Transition Disintegrating Right Before Our Eyes?

July 22, 2024 Mariel Alumit

Is the Energy Transition Disintegrating Right Before Our Eyes? There are so many energy transition failures going on around the world; what are we seeing? Is the energy transition dead, or is it just going […]

40 banks
Bankruptcy

China’s banking turmoil: 40 banks vanish as crisis deepens

July 22, 2024 Mariel Alumit

The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of Jiangxi Bank has further deepened the sector’s problems. Experts warn that the situation could have […]

China
Crude Oil News

Bad News From China Could Be The Harbinger For Lower Oil Prices

July 22, 2024 Mariel Alumit

From the mid-1990s to onset of Covid at the end of 2019, China almost singlehandedly drove the commodities supercycle, consisting of ever-increasing prices for the key materials it required to drive its extraordinary economic growth. […]

Russia
Crude Oil News

Russia Considers Building Oil Refinery in Cuba

July 22, 2024 Mariel Alumit

Russia and Cuba have discussed the idea of building an oil refinery in Cuba with the help of Russian companies, the deputy speaker of the Russian parliament was quoted as saying. During a visit of […]

UK
Grid

UK Likely to Miss Its 2030 Clean Power Goals

July 22, 2024 Mariel Alumit

The UK is poised to miss its ambitious target to decarbonize its power sector by 2030 even as it is boosting solar and wind developments, analysts say. The new UK government of the Labour Party, […]

Tellurian
Finance

Australia’s Woodside to buy Tellurian

July 22, 2024 Mariel Alumit

Australian LNG player Woodside has entered into a definitive deal to buy Tellurian, the developer of the Driftwood LNG export project in Louisiana. Woodisde said in a statement the consideration for the transaction is an […]

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