Day: September 23, 2024

U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico

Energy News Beat The Biden administration’s pause on new LNG export permits has created a market opportunity for Canada, Mexico, and Argentina to increase their LNG exports to Asia. These countries are investing billions of dollars in LNG export infrastructure, particularly on their Pacific coasts, to gain a logistical advantage over U.S. exporters. The increased […]

Oil Price Slide Eases as Tropical Cyclone Looms over Gulf of Mexico

Energy News Beat Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm could turn into a hurricane by Wednesday. Earlier on Monday, Chevron completed the evacuation of nonessential personnel […]

Energy Dependency: Europe’s Achilles Heel?

Energy News Beat Mario Draghi’s report highlights Europe’s declining competitiveness, attributing it to lagging productivity, energy dependency, and an investment gap. Draghi proposes a three-pronged solution: a more assertive industrial policy, increased public and private investment, and regulatory reforms for greater flexibility and efficiency. The report emphasizes the need to address Europe’s energy challenges through […]

California sues Exxon over global plastic pollution

Energy News Beat NEW YORK, Sept 23 (Reuters) – California and several environmental groups sued Exxon Mobil (XOM.N), on Monday and accused the oil giant of engaging in a decades-long campaign that helped fuel global plastic waste pollution. Speaking at an event during Climate Week in New York City, California Attorney General Rob Bonta said […]

UK Energy-Climate Policies

Energy News Beat UK Energy-Climate Policies Don’t miss this great discussion with David Blackmon, Irina Slav and Tammy Nemeth from Dallas, the UK and Bulgaria about energy policies. We are seeing a huge change in that narrative in businesses as a result of climate policies. Highlights of the Podcast 00:00 – Introduction 02:00 – Energy […]

France or Finland – whose industrial policy should prevail in Europe?

Energy News Beat   When presenting her new team of Commissioners earlier this week, President Ursula von der Leyen highlighted that the whole executive should be “committed” to restoring Europe‘s competitiveness. Even more tellingly, in von der Leyen’s new team economic responsibilities are spread across numerous comissioners and as many as four executive vice-presidents – […]

Commission juggles Mercosur deal, anti-deforestation rules, and farmers’ anger

Energy News Beat   EU trade enthusiasts may be disheartened to see trade lumped into the already extensive portfolio of Slovakia’s nominee, Maroš Šefčovič — the EU’s “Mr Fix-it” and one of its longest-serving commissioners. Šefčovič, who led the EU’s Brexit negotiations, has been chosen by Commission President Ursula von der Leyen as commissioner for […]

Wison gets ABS nod for new FLNG design

Energy News Beat ABS granted the approval in principle to Wison on September 19 during the Gastech conference in Houston. The classification society completed design reviews based on class and statutory requirements. The 268-meter FLNG unit is designed to perform offshore and at-shore with an expected production capacity of 1.2 mtpa, the two firms said. […]

New car registration levels crashing in EU

Energy News Beat The EU market for new cars saw its biggest drop in over two years in August, according to data from the European Automobile Manufacturers’ Association (ACEA). Registrations of new automobiles fell 18.3% year-on-year across the bloc, with double-digit losses in the region’s three major markets: 27.8% in Germany, 24.3% in France, and […]

Italy to push for early review of Green Deal’s combustion engine ban

Energy News Beat   The Capitals brings you the latest news from across Europe, through on-the-ground reporting by Euractiv’s media network. You can subscribe to the newsletter here. The European news you deserve to read. Welcome to The Capitals by Euractiv. Today’s edition is powered by Hydrogen Europe A competitive and clean Europe needs hydrogen. […]