Day: January 28, 2025

Stolt-Nielsen buys Golar’s stake in Avenir LNG

Energy News Beat Avenir LNG Stolt-Nielsen has bought out Golar LNG’s stake in Avenir LNG for $40m. Commenting on the transaction, Udo Lange, CEO of Stolt-Nielsen, said: “This strategic move not only strengthens our position in the LNG sector but also underscores our commitment to pursuing more sustainable energy solutions for the maritime, industrial, and […]

Navantia completes Harland & Wolff buy-out

Energy News Beat EuropeShipyards Harland & Wolff Spain’s Navantia has completed its buy-out of the UK’s Harland & Wolff, securing jobs at four yards in Northern Ireland, England and Scotland. “By combining Harland & Wolff’s proud heritage and facilities with Navantia’s global expertise in defence, maritime and renewable energy, we are creating an exceptional platform […]

Port Botany set for major rail upgrade

Energy News Beat Ports and Logistics NSW Ports DP World and NSW Ports are co-investing A$400m ($250m) to extend the rail terminal at Port Botany in Sydney to double capacity to more than 1m teu per year. The project – which will start on site in June and take two years to compete – comprises […]

Anthony Veder buys ethylene carrier from ADNOC

Energy News Beat EuropeGas Anthony Veder Dutch owner Anthony Veder has bought the Yas, a 9,000 cu m ethylene carrier from Abu Dhabi National Oil Company (ADNOC) for an undisclosed price, renaming it Coral Palmata. The gas carrier addition takes Anthony Veder’s fleet to 29 ships. Jan Valkier, CEO of Anthony Veder, said: “We are […]

Can Geothermal Become a Major US Energy Source Under Trump?

Energy News Beat Geothermal energy is a clean and reliable renewable energy source that has the potential to generate electricity 24/7. The new US administration’s support for geothermal could streamline permitting, increase research funding, and provide tax credits. Geothermal energy currently plays a minor role in US electricity generation, but it has the potential to […]