Day: February 5, 2025

Come to France and use our nuclear power, Macron tells AI firms

Energy News Beat [[{“value”:” Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Want to […]

Germany must act immediately to stop deindustrialisation, union urges

Energy News Beat [[{“value”:” Urgent action is required if Germany, Europe’s former industrial powerhouse, is to overcome its economic turmoil and prevent the deindustrialisation that has already seen thousands of job cuts, the deputy chief of the country’s largest trade union has warned. IG Metall represents 2.2 million workers from sectors including the car, machinery, […]

Making sense of Trump’s tariffs, what should the EU expect?

Energy News Beat [[{“value”:” 05/02/2025 Podcast by Charles Cohen, Giada Santana, Niels de Keukelare After Canada, Mexico, and China, the EU could be the next in the firing line. Donald Trump says EU tariff could be levied on the continent anytime soon. If he follows through, is Brussels ready to respond? And how could the […]

TotalEnergies reports lower LNG sales

Energy News Beat During the fourth quarter, TotalEnergies sold 10.8 million tonnes of LNG, down compared to 11.8 million tonnes in the same period last year, but up 14 percent compared to 9.5 million tonnes in the prior quarter. TotalEnergies said LNG sales, although down year-on-year reflecting lower LNG demand in Europe, were up quarter-to-quarter, […]

Zelensky admits Ukraine doesn’t control rare-earths Trump wants

Energy News Beat Kiev should trade its natural resources for further American aid, the US president has recently said Ukraine’s supporters must help push Russian forces out of the mineral-rich former territories of the country before investing in rare-earths, Ukrainian leader Vladimir Zelensky has said. US President Donald Trump stated on Monday that Ukraine must […]

Building BRICS: A populous African powerhouse enters the game

Energy News Beat The assessment of Nigeria as the ninth partner state in BRICS marks a significant milestone in the history of this group. It’s not merely a change of status; it represents a profound evolution in global economic and political cooperation dynamics. With Nigeria as a partner country, BRICS enhances its geographical and economic […]

Power play: How a country with major energy potential struggles to keep the lights on

Energy News Beat Despite Nepal being the world’s second most water-rich country with immense hydroelectric power production potential, India has primary influence over its energy security Nepal’s current total energy demand is around 1,900 MW during peak hours. Due to a lack of energy, however, Nepal’s industrial sectors have limited production from eight to ten […]

Well-Safe Solutions adds to Dutch North Sea backlog

Energy News Beat EuropeOffshore Well-Safe Solutions Decommissioning specialists Well-Safe Solutions has secured more work for Eni across its assets in the Dutch sector of the North Sea. The Italian energy major has recently exercised another 90-day option for the Well-Safe Protector jackup under a newly agreed contract amendment. The work on subsea and platform wells […]

Seamec wins $57m DSV charter

Energy News Beat AsiaOffshore James Fisher Subtech Indian offshore vessel operator Seamec has secured a long-term charter from Saudi-based Safeen Al Behar for the dive support vessel Seamec Swordfish. The 2007-built DSV has been fixed for 730 days in a deal worth $57.4m. The charter with extension options attached, will see the vessel utilised in […]

Hapag-Lloyd bags funding for 24 newbuilds

Energy News Beat Hapag-Lloyd Germany’s Hapag-Lloyd has lined up financing for its 24-ship newbuilding spree signed off last year. The Hamburg-based global carrier said the financing consists of four parts. Around $900 will be financed using the company’s own funds, $500m using bilateral mortgage loans from two banks, $1.8bn will be financed via three leasing […]