Day: February 6, 2025

Trump Returns to ‘Maximum Pressure’ on Iran

Energy News Beat The U.S. president signed a memo directing agencies to enforce existing sanctions on the country, but his statements suggest he’s open to talks. ​ Analysis Trump Returns to ‘Maximum Pressure’ on Iran The U.S. president signed a memo directing agencies to enforce existing sanctions on the country, but his statements suggest he’s […]

How a budget bill could end the French left

Energy News Beat [[{“value”:” 06/02/2025 Podcast by Charles Cohen, Giada Santana, Martina Monti, Miriam Sáenz de Tejada For the first time in 60 years, France started the year without a budget bill after December’s vote triggered the collapse of Prime Minister Barnier’s three-month-old government.  But this week, new PM Michel Bayrou managed to push through […]

TotalEnergies CEO expects US financing for Mozambique LNG to be approved in weeks

Energy News Beat In May 2020, EXIM voted to amend the agency’s previously approved September 2019 direct loan supporting US exports for the development and construction of the LNG project located on the Afungi Peninsula in northern Mozambique. The action amended the original scope of EXIM’s financing of the project from exclusively the onshore portion […]

Trump administration agrees to restrict DOGE access to Treasury

Energy News Beat The agreement came in response to a lawsuit accusing the agency of an “unlawful action” by giving private info to Elon Musk’s Department of Government Efficiency Lawyers with the US Justice Department have agreed to a proposed order that would temporarily restrict Elon Musk’s Department of Government Efficiency (DOGE) from accessing sensitive […]

Peru LNG terminal sent three cargoes in January

Energy News Beat According to the shipment data by state-owned Perupetro, during January, the 4.4 mtpa LNG plant sent two shipments to Japan and one shipment to South Korea. The shipments loaded onboard the LNG carriers Maran Gas Olympias, LNG Ships Manhattan, and Kool Baltic equal about 226,965 tonnes, the data shows. These three LNG […]

Adnoc Gas says 2024 net income climbs to $5 billion

Energy News Beat UAE’s Adnoc Gas said on Thursday this is a record for the full year and its highest quarterly income of $1.38 billion since its IPO. The company attributed the “strong” performance to robust demand for domestic gas, which supported volume growth and improved pricing. Adnoc Gas said total sales volumes in FY […]

Gladstone LNG exports rise in January

Energy News Beat Curtis Island hosts the Santos-operated GLNG plant, the ConocoPhillips-led APLNG terminal, and Shell’s QCLNG facility. These are the only LNG export facilities on Australia’s east coast. About 2.07 million tonnes of LNG or 32 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to about 2 […]

Russia’s Panda Express Line expands paw print to South China

Energy News Beat Panda Express Line Russian liner Panda Express Line is expanding its scope of services to cover South China. According to Alphaliner, the Panda Express Line-3 will deploy two sub 2,000 teu ships to connect Vladivostok with the southern Chinese ports of Nansha, Shenzhen, and Xiamen.  Panda Express Line kicked off operations in […]

Houthis seen by Maersk as the dividing line between profit and loss this year

Energy News Beat Maersk Cash-rich Maersk revealed yesterday it has started a 12-month share buyback program of up to DKK14.4bn ($2.01bn). The purpose of the program is to adjust the capital structure of the company ultimately through the cancellation of shares repurchased, Maersk stated in a release.  The Danish liner is nearing the end of […]

Deindustrialization in Germany

Energy News Beat Daily Standup Top Stories Germany must act immediately to stop deindustrialisation, union urges February 5, 2025 Mariel Alumit   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 […] […]