Energy News Beat Quantitative Tightening accelerated further. With its bank stocks gone, the BOJ may start selling its equity ETFs soon. By Wolf Richter for WOLF STREET. Quantitative tightening, in terms of the Bank of Japan’s vast holdings of Japanese Government Bonds, picked up speed in Q2 2025. The BOJ also continued to shed its loans – the […]
Energy News Beat Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern fields, Nasiriyah, Gharraf, and Saba, IraqiNews reported on Monday, marking one of the country’s most significant boosts this year as OPEC+ opens the door to higher member output. According to IraqiNews, seven new wells […]
Energy News Beat EU and China Alliance Rising? You will not want to miss this episode of the Energy Realities Podcast with Irina Slav, Tammy Nemeth, David Blackmon, and Stu Turley as they discuss the looming EU and China alliance on the horizon. Why is this happening, and how will this impact consumers globally? We […]
Energy News Beat Daily Standup Top Stories OPEC+ Pumps Up Output, but Can They Make the New Quotas? July 5, 2025 Clark Savage In a bold move that caught markets off guard, OPEC+ announced a hefty production increase of 548,000 barrels per day (bpd) for August 2025 during a virtual meeting on July 5, surpassing expectations […]
Energy News Beat The 174,000-cbm Puteri Sejinjang, chartered by Malaysia’s Petronas, which recently arrived at the Kitimat plant, loaded the second shipment for LNG Canada. This is also the first LNG Canada shipment for Petronas. The Malaysian energy giant, which holds a 25 percent stake in the project, stated on Monday that the vessel will deliver […]
Energy News Beat The promise of a green manufacturing boom, fueled by generous subsidies and ambitious climate policies, is unraveling across the United States and beyond. So-called “ghost factories”—abandoned or stalled clean-energy projects—are becoming a stark symbol of the challenges facing the green energy sector. From Arizona to Massachusetts, once-celebrated plans for battery plants, wind […]
Energy News Beat The United States has imposed a fresh wave of sanctions targeting Iran’s petroleum and petrochemical sectors, escalating its “maximum pressure” campaign to curb Tehran’s oil exports and nuclear ambitions. These measures, announced in recent months under the Trump administration, not only tighten the screws on Iran but also place significant pressure on […]
Energy News Beat Germany, France, Italy, Spain, Netherlands, Poland, Belgium, Sweden, Ireland, Austria, Norway, Denmark, Romania, Czech Republic, Finland, Portugal By Wolf Richter for WOLF STREET. This is our second annual wild ride across sales prices of existing homes of all types (“dwellings”) in the 16 largest economies that are either in the European Union (EU) or in […]
Energy News Beat Subsea 7 Oslo-listed offshore contractor Subsea7 has bagged a sizeable engineering, procurement, commissioning, and installation (EPCI) deal for a subsea development offshore Egypt. The project, valued by Subsea7 as between $50m and $150m, involves the installation of flexible pipelines, umbilicals, and associated subsea infrastructure to support a tie-back to existing offshore facilities. […]
Energy News Beat EuropeTankers Fjordtank Fjordtank Swedish tanker operator Fjordtank Rederi is bolstering its fleet with the acquisition of the 2005-built chemical tanker from compatriot owner Sirius Shipping. The 4,500 dwt Lexus, constructed by Ceksan Shipyard in Turkey, is set to join Fjordtank’s ranks in September and will continue flying the Swedish flag upon handover. […]
