Day: June 4, 2025

COSCO launches MPP fleet push with up to 30 newbuilds

Energy News Beat China’s COSCO Shipping Bulk has signed up for a massive newbuilding programme in the multipurpose segment that could see up to 30 newbuildings delivered for a total of $1.5bn. The dry bulk arm of the Chinese behemoth COSCO Shipping has teamed up with compatriot Citic Financial Leasing (Citic FL) for 15 firm […]

Why The US Dollar Could FAIL With More Financial Sanctions

Energy News Beat Daily Standup Top Stories UK North Sea Oil and Gas: Jobs at Risk, Costs Skyrocketing, and the Anti-Fossil Fuel Push June 3, 2025 Stu Turley The UK’s North Sea has long been a powerhouse for oil and gas production, fueling the nation’s economy, supporting high-skilled jobs, and bolstering energy security. But with anti-fossil […]

French offshore wind farms to curb production during negative prices – and what is France’s energy mix

Energy News Beat The bottom line is that it would be better for France’s consumers never to have installed Wind energy. French Energy Mix France’s electricity mix is heavily dominated by nuclear power, supplemented by renewables and smaller contributions from fossil fuels. Based on the most recent data: Nuclear Power: Approximately 65–70% of electricity generation […]