Energy News Beat German companies are relocating abroad due to high energy costs, taxes, and red tape, while Merz breaks campaign promises, worsening the business climate. ​ Blackout News here reports how a growing number of German industrial companies are relocating their production abroad, driven by soaring energy costs, stifling bureaucracy, and an increasing tax […]
Energy News Beat Shell announced this ahead of its Capital Markets Day which will be held in New York on Tuesday. The company did not provide further details regarding the LNG sales growth. Shell sold 65.82 million tonnes of LNG in 2024, a 2 percent decrease from 67.09 million tonnes of LNG in 2023. The […]
Energy News Beat According to a statement by SEFE, the HoA is for the long-term supply of 1.5 million tonnes of LNG per year for at least 15 years. SEFE said the LNG supplies will be sourced from floating LNG (FLNG) vessels that Delfin is deploying approximately 40 miles offshore near Cameron, Louisiana, on the […]
Energy News Beat Mette Frederiksen, head of research and insight at Tankers International, on the future of the VLCC trades. The VLCC market is changing significantly. While the global fleet continues to grow with the introduction of newbuilds, the ageing vessels in operation are losing efficiency, therefore slowing the actual growth of tonnage supply. Adding […]
Energy News Beat DP World London Gateway The shipping sector will be brought under the UK Emissions Trading Scheme (UK ETS) from next year under new green maritime plans unveiled today which will see vessels soon use future fuels and plug into charge ports as part of the UK’s new goals for shipping operators to […]
Energy News Beat California Attorney General urges Californians to direct 23andMe to delete their genetic data and samples. By Wolf Richter for WOLF STREET. Genetic testing and data collection company 23andMe, which had gone public via merger with a SPAC in 2021, finally filed for bankruptcy today. Shortly after the announcement of the company’s merger with Richard Branson’s […]
