Day: January 17, 2025

India boosts LNG imports

Energy News Beat The country imported 3.22 billion cubic meters, or about 2.5 million metric tonnes, of LNG in December via long-term contracts and spot purchases, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows. This marks a rise of 18.2 percent compared to the same month in 2023, PPAC said. PPAC’s […]

Bulgaria’s parliament approves new government after months of coalition talks

Energy News Beat [[{“value”:” Bulgaria’s parliament approved on Thursday a cabinet led by Rossen Zhelyazkov, a former parliament speaker, ending months of negotiations on forming a coalition government. The centre-right GERB party came first following a snap election in October, the seventh held in Bulgaria in four years, but has had to hold tough talks […]

‘Chinese’ hacking of US Treasury went to the top – Bloomberg

Energy News Beat [[{“value”:” The computers of Secretary Janet Yellen and two of her aides we compromised in the December breach, sources have claimed Suspected Chinese hackers gained access to the computer used by US Treasury Secretary Janet Yellen for work in a breach last December, Bloomberg News said on Friday, citing two people familiar […]

Third Plaquemines LNG cargo heads to Europe

Energy News Beat The 2021-built 174,000-cbm, Isabella, was on Friday located in the North Atlantic Ocean, offshore Bahamas, after picking up a cargo at the Plaquemines LNG facility earlier this week, its AIS data shows. This LNG carrier is owned by Greece’s Maran Gas and chartered by Norway’s Equinor. The data shows that the LNG […]

EU faces up to €1 trillion loss for cutting Russian gas – Moscow sovereign wealth fund

Energy News Beat [[{“value”:” Nearly all flows from Russia to the bloc stopped earlier this month when Kiev terminated its transit deal with Moscow The loss of Russian gas could cost the EU over €1 trillion ($1 trillion), according to Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF). Speaking at the Future […]

Greenland responds to Trump’s acquisition proposal

Energy News Beat The Arctic island is ready to cooperate with Washington, but doesn’t want to be part of the US, Prime Minister Mute Egede has said Greenlandic Prime Minister Mute Egede has rejected Donald Trump’s proposal to buy the Arctic island, asserting that Greenlanders do not want to be Americans. However, the Danish autonomous […]

Russian oil product exports shoot up – Bloomberg

Energy News Beat [[{“value”:” Fuel shipments have hit an 11-month high driven by diesel and fuel oil, the outlet has said   Russia’s refined fuel exports have surged to their highest level in nearly a year, even as the US imposed new sanctions on the country’s energy sector last week, Bloomberg reported on Thursday. Seaborne […]

Houthi leader warns Israel to stick to ceasefire terms

Energy News Beat Yemeni Armed Forces The leader of Yemen’s Houthis, Abdul Malik al-Houthi, has said his group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached. The six-week phase one of the ceasefire agreement between Israel […]

Norway’s new maritime monitoring microsatellite starts operations

Energy News Beat EuropeTech NOSA Norway is leading Europe when it comes to ways to keep track of merchant shipping passing near its shoreline. Canada’s Space Flight Laboratory (SFL) has recently launched and deployed Norway’s NorSat-4 maritime monitoring microsatellite. The seventh spacecraft developed for the Norwegian Space Agency (NOSA) by SFL, NorSat-4 carries a fifth-generation […]

Marcura buys VesselMan

Energy News Beat EuropeTech Wallenius Wilhelmsen Skagerak Capital has sold maritime software provider VesselMan to Marcura for an undisclosed sum.  In partnership with Møkster and Grieg as co-investors, Skagerak Capital scaled VesselMan’s operations. VesselMan provides cloud-based platform for managing technical projects such as dry-dockings, inspections, and refits. Founded in 2001, Dubai-headquartered Marcura’s enterprise suite includes […]