Day: June 4, 2025

Crewing in the digital age

Energy News Beat In the latest instalment from Ship Concept 2035, our brand new magazine, Splash reporters detail a recent, pertinent workshop at Geneva Dry. Starting off the 2025 edition of the world’s leading commodities shipping event, Geneva Dry, was a specialist workshop sponsored by Inmarsat exploring how connectivity at sea drives digitalisation, decarbonisation and […]

The $60 Oil Conundrum: Are Banks the Oracles of Oil Prices?

Energy News Beat The oil and gas industry is no stranger to volatility, and 2025 is shaping up to be another wild ride. A recent headline grabbed the attention of investors and analysts alike: Banks Cut 2025 Oil Price Forecast Below $60, Survey Shows. According to a survey by law firm Haynes Boone LLP, 28 […]

High wind and forecasting errors cause havoc on the GB grid

Energy News Beat Yesterday demonstrated some of the challenges of high wind generation on the GB system, with lots of activity in the Balancing Mechanism, particularly to curtail wind and CCGTa, as well as bringing up CCGTs, and some counter-intuitive interconnector activity. It also exposed issues with poor forecasting, which I have highlighted before. Wind […]

Shell takes FID on Aphrodite project to supply Trinidad’s Atlantic LNG

Energy News Beat LNG Export Capacity of Trinidad and Tobago: Trinidad and Tobago’s liquefied natural gas (LNG) export capacity is primarily driven by the Atlantic LNG Terminal located in Point Fortin. The facility has four liquefaction trains, but Train 1 has been permanently decommissioned as of March 2025. The total production capacity of the remaining […]

Cargo Ship Fire Sparks Concerns Over EV Safety and Insurance Challenges

Energy News Beat In a dramatic turn of events, the Morning Midas, a cargo ship carrying approximately 3,000 vehicles—including 800 electric vehicles (EVs)—was abandoned in the Pacific Ocean on June 3, 2025, after a fire broke out 300 miles southwest of Adak, Alaska. The blaze, which reportedly originated on a deck loaded with EVs, forced […]

Vietnam’s Cai Mep LNG terminal gets commissioning cargo

Energy News Beat The 2006-built 145,000-cbm steam LNG carrier, Blue Dragon I, previously known as Stena Blue Sky, was at the Cai Mep LNG terminal in Vung Tau district, South Vietnam, on Wednesday, according to AIS data provided by VesselsValue. Blue Dragon I delivered the shipment from the Gazprom-operated Sakhalin LNG export plant in Rzssia, […]

The Great Decline of California’s Energy Sector – Can the United States be “Energy Dominant” with California dragging the U.S. down?

Energy News Beat California, once a powerhouse of diverse and reliable energy production, is facing what many analysts call a self-inflicted energy crisis. Under Governor Gavin Newsom’s leadership since 2019, the state’s energy policies have accelerated the decline of its oil and gas industry, pushed for the closure of nuclear power, phased out coal, and […]

How big is the Alaska LNG Project? Glenfarne says more than 50 firms interested in Alaska LNG project

Energy News Beat The Alaska LNG Project: A Mega-Project for Energy Security and Economic Growth The Alaska LNG Project is a proposed liquefied natural gas (LNG) export initiative aimed at tapping into the vast natural gas reserves of Alaska’s North Slope. Spearheaded by the state-owned Alaska Gasline Development Corporation (AGDC), the project seeks to deliver […]

What will be powering ships in the 2030s?

Energy News Beat Realistic, pragmatic, or jaded? Splash readers are a funny bunch. Despite the huge amount of articles and columns carried every week on decarbonisation, 49% of respondents to our survey for this magazine reckon that the majority of the global fleet come 2035 will still be using traditional bunker fuel. Arguably no single […]

Dual Fuel LNG ships setting the path forward as Tailwind buys five boxships from Peter Döhle is just another exhample.

Energy News Beat ENB Pub Note: The update from Containers Europe below is another example of LNG dual-fuel newbuild vessels. This trend is beneficial for the environment, as it reduces emissions and serves as another indicator of LNG’s dominance as a fuel supply. The demand for molecular products is shifting from oil to natural gas. […]