Day: May 19, 2025

UK goes Bonkers on Green Energy

Energy News Beat Daily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example […]

Martin Sato returns as CEO at Lauritzen Bulkers

Energy News Beat Dry CargoEurope Lauritzen Bulkers Lauritzen Bulkers Denmark’s Lauritzen Bulkers has appointed Martin Sato as its new chief executive. Sato, who previously spent 18 years at J. Lauritzen’s dry bulk business, will join the Copenhagen-based shipowner and operator by December from fellow handysize bulker player BaltNav, where he has served as CEO since […]

China’s Hudong-Zhonghua delivers its 50th LNG carrier

Energy News Beat Image: Hudong-Zhonghua Chinese shipbuilder Hudong-Zhonghua has delivered its 50th liquefied natural gas (LNG) carrier. The vessel is the 174,000-cbm LNG carrier, Al Tuwar, built under the massive QatarEnergy shipbuilding program, which includes the construction of 128 ships. CSSC’s Hudong-Zhonghua said this is the fifth LNG carrier of the QatarEnergy shipbuilding program and […]

Australian LNG export revenue slightly down in April

Energy News Beat The consultancy estimates that Australian LNG export revenue reached A$5.43 billion ($3.5 billion) last month. EnergyQuest said this was lower than March’s A$5.58 billion, but down by only 0.5 percent year-on-year from April 2024 (A$5.46 billion). Western Australia projects earned A$3.13 billion in export revenue, Queensland projects earned A$1.66 billion, and Northern […]

China’s LNG imports continue to decrease

Energy News Beat Data from the General Administration of Customs shows that the country received 4.64 million tonnes last month. This compares to 6.22 million tonnes in April 2024. During January-April, China imported 20.06 million tonnes of LNG, a decrease of 22.4 percent compared to the same period last year. Natural gas imports, including pipeline […]

South Korean LNG terminal secures $815 million loan

Energy News Beat BS Hanyang said in a statement that Shinhan Bank led the project financing loan, which was supported by nine other financial institutions. This is the largest-ever project finacing deal under Korea’s regional vitalization fund and the first to reach full loan execution, backed by a special PF guarantee from Urban Guarantee Corporation […]

Norden signs iron ore port logistics deal in Australia

Energy News Beat Norden Danish shipping giant Norden has signed its first port logistics project in Australia with Kimberley Metals Group (KMG), a developer and operator of iron ore mining projects. Norden will provide additional assets for the existing transhipment operation, loading iron ore from the port of Wyndham in Western Australia onto barges and […]

Netherlands nixes offshore wind farm tenders over bad market conditions

Energy News Beat ENB Pub Note: The Netherlands is an example of Natural Gas supporting the renewable sector, and the Natural gas exports for the income make up for the expensive offshore wind. Don’t forget they had shut down their natural gas fields and were shutting down their oil and gas production when the Ukraine […]

Estonia awards first building permit for an offshore wind farm – how does the price compair to the other markets?

Energy News Beat ENB Pub Note: Estonia’s energy mix is undergoing a significant transition, driven by efforts to reduce reliance on fossil fuels, particularly oil shale, and increase the share of renewables to meet ambitious climate goals. We will review the cost/benefits later in another article. I did include the Estonian price for electricity compared […]

Buyer bows out from DDW Offshore AHTS acquisition

Energy News Beat EuropeOffshore DDW Offshore DDW Offshore Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through. DDW Offshore agreed to sell the 2010-built AHTS for a purchase price of $25m to an undisclosed client in early March. Some […]