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HEADLINES
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HomePress

Press

Press Releases

Höegh Evi
Imports

Höegh Evi signs decade-long FSRU charter with EGAS

May 13, 2025 Stu Turley

Norwegian marine infrastructure provider Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of the 2013-built Hoegh Gandria LNG carrier as an FSRU in Egypt. […]

Climate Crisis

Texas Bill Requires Solar Farms To Have Fossil Fuel Backup Power Source

May 12, 2025 Stu Turley

The Texas Senate passed a bill Thursday that leading business interests fear would lead to an age of expensive power and rolling blackouts. If passed by the House, state S.B. 715 would require all renewable […]

Press

US and China agree to slash tariffs

May 12, 2025 Stu Turley

In a significant curtailment of the trade war between the world’s two largest economies, the United States and China have agreed to considerably slash tariffs for the next 90 days. As part of the deal reached […]

Valaris
Exploration and Production

Valaris rig told to stop drilling at Santos’ gas project over blowout concerns

May 12, 2025 Mariel Alumit

Australia’s offshore safety regulator NOPSEMA has ordered driller Valaris to stop drilling at the Barossa gas field 300 km north of Darwin over concerns regarding crucial safety equipment. Valaris’ 2011-built MS-1 semisub drilling rig was […]

Shelf Drilling
Crude Oil News

Shelf Drilling bags a pair of jackup extensions

May 12, 2025 Mariel Alumit

United Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured […]

Climate Crisis

Newsom’s War On Oil Could Send California Gas Prices To $9, Analyst Warns

May 11, 2025 Stu Turley

ENB Pub Note: This is a national security issue, and Gavin Newsom has deliberately caused it. This week’s podcast with Mike Umbro and Ronald Stein pointed out some key points. The entire transcript is here: […]

Climate Crisis

16 States, DC Sue Trump Admin Over EV Charger Funds, Most Have Built None

May 10, 2025 Stu Turley

ENB Pub Note: The EV markets should be supported by the open market and not subsidies. For example, the Tesla charger network, built with no subsidies, is nationwide. As of January 2025, Tesla’s Supercharger network […]

Climate Crisis

Green Energy Suicide: The West Pays The Price For Its Net-Zero Delusions

May 10, 2025 Stu Turley

ENB Pub Note: This article from the NY Post has some interesting cost formulas. While I have said that the more money invested in “renewable” wind, solar, and hydrogen will result in more fossil fuels […]

UK
Crude Oil News

UK readies sanctions on another 100 Russian-linked tankers

May 9, 2025 Mariel Alumit

ENB Pub Note: Sanctions don’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won’t […]

MOL
International News

MOL buys stake in Taiwanese offshore wind farm

May 9, 2025 Mariel Alumit

Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL […]

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