Day: December 15, 2024

Getting nuclear for maritime over the hump

Energy News Beat CORE POWER Mikal Boe writes for Splash today on nuclear’s regulatory approval process. It’s 114 years since the first diesel powered ships set out to sea. That big diesel engine changed the world because diesel is more energy dense than what came before. It brought us immense improvements in energy effectiveness, the […]

North Korean troops join Russian assaults ‘in significant numbers’ – Oil for Troops Trade

Energy News Beat [[{“value”:” Russia has begun using North Korean troops in significant numbers for the first time to conduct assaults on Ukrainian forces battling to hold an enclave in Russia’s Kursk region, President Volodymyr Zelenskyy said on Saturday (14 December). The Ukrainian leader said the more active use of the troops was a new […]

Russia not leaving its two bases in Syria, sources say

Energy News Beat [[{“value”:” Russia is pulling back its military from the front lines in northern Syria and from posts in the Alawite Mountains but is not leaving its two main bases in the country after the fall of President Bashar al-Assad, four Syrian officials told Reuters. The ousting of Assad, who along with his […]

Trump is a nightmare for the EU in more ways than one

Energy News Beat ENB Pub Note: This article from RT has some interesting points. While I do not agree with everything, it is worth noting that President Trump is looking at the U.S. / EU relationship on an American First priority. Something the EU has not had in decades. This trend of countries looking out […]

Venture Global’s Plaquemines LNG terminal achieves first production

Energy News Beat Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur. “Achieving this milestone for a 20 mtpa nameplate capacity project 30 months from its final investment decision (FID) makes Plaquemines LNG one of the two fastest greenfield projects to reach first […]

US to sanction Serbia’s main oil company – Vucic

Energy News Beat Decision to impose sanctions on NIS is due to its Russian ownership, the Serbian president has stated US is set to slap sanctions on Serbia’s oil and gas company NIS due to its Russian ownership, the country’s president Aleksandar Vucic has said. “We got confirmation that in the next few days, the […]

Treasury Yield Curve Un-Inverts Further on Surging Longer-Term Yields: 10-Year Yield Now Higher than All Shorter Yields. Mortgage Rates Resurge

Energy News Beat Fed cut by 75 basis points since September while 10-year Treasury yield rose by 75 basis points to 4.40%, as Bond Market frets about Inflation & Supply. By Wolf Richter for WOLF STREET. The 10-year Treasury yield jumped by 7 basis points on Friday, to 4.40%, having risen five trading days in a row. It’s […]