The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have released their latest strategy, accelerating oil output hikes in a move that’s raising eyebrows across the U.S. shale patch. […]
Northvolt, once Europe’s brightest hope for a homegrown electric vehicle (EV) battery industry, is winding down its battery cell production in Sweden by June 30, 2025, following a high-profile bankruptcy. The decision, announced by bankruptcy […]
Hybrid vehicles, blending internal combustion engines with electric motors, are surging in popularity as consumers seek fuel efficiency and lower emissions without the range anxiety of fully electric vehicles (EVs). In the United States and […]
Canada’s aspirations to become a global liquefied natural gas (LNG) powerhouse from its Atlantic coast are hitting a costly roadblock. Rising project expenses and fierce competition from Qatar and the United States are eroding the […]
ENB Pub Note: We will cover this issue on Tuesday’s Energy News Beat daily show. The history and information on Guyana’s oil reserves are on top, followed by the Oilprice.com information on the bid for […]
According to a MOL statement on Friday, Dalian COSCO KHI Ship Engineering, which is jointly operated by Kawasaki Heavy Industries and China COSCO Shipping, will build the 309,000-dwt vessel. The LNG-powered VLCC is scheduled for […]
In a statement released on Wednesday, Vopak welcomed the recent Victorian Parliamentary approval of the energy and land legislation amendment (energy safety) bill. Vopak said this provides security for the crown maritime lease for its […]
Several German media reports said that the 2006-built vessel, owned by Norway’s Knutsen, ran aground off the island of Rügen on Thursday morning local time whilst en route to the port of Sassnitz-Mukran. The tanker […]
ENB Pub Note: I have added the domestic oil and gas production information for Malaysia and the update from AsiaOffshore on the Velesto Energy new contract is below. Below is a summary of Malaysia’s domestic […]
ENB Pub Note: This is a massive help for the U.S. shipbuilding programs. Japan’s bond market is having some significant problems, and this new shipbuilding project may be great for it. With South Korea and […]
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