Author: Erick Parel

European gas prices spike

Energy News Beat Prices surged following Ukraine’s recent refusal to extend a five-year gas transit agreement with Moscow European gas prices have surged to their highest level since October 2023, driven by supply disruptions following Ukraine’s recent refusal to extend a gas transit agreement with Moscow. Colder weather forecasts have been exacerbating concerns in an […]

Trump confirms ‘serious discussions’ with Moscow over Ukraine

Energy News Beat [[{“value”:” The US leader has refused to say whether he has already spoken directly with Russian President Vladimir Putin US President Donald Trump told reporters at the White House on Friday that he expects something “significant” to happen once he speaks with Russian President Vladimir Putin, confirming that serious discussions with Moscow […]

Trump vows to ‘absolutely’ impose tariffs on EU

Energy News Beat US President Donald Trump has announced his intention to impose tariffs on the European Union, citing unfair treatment in trade practices. This follows the implementation of 25% tariffs on imports from Mexico and Canada, and 10% on Chinese goods, effective February 1. The European bloc has been bracing for possible trade restrictions […]

Russia strikes Ukraine’s gas infrastructure – MOD

Energy News Beat 1 Feb, 2025 09:25 HomeRussia & FSU The targeted facilities supported Kiev’s defense industrial complex, the Defense Ministry has said The Russian military has launched a wave of strikes on Ukraine’s gas energy infrastructure, the Defense Ministry in Moscow has announced. In a statement on Saturday, the ministry said that the group […]

Russia and India to ink labor migration deal  – envoy 

Energy News Beat The proposed agreement will enable the flow of skilled Indian workers to Russia, Indian Ambassador Vinay Kumar has said  New Delhi and Moscow are actively discussing a memorandum of understanding to establish a Migration and Mobility Partnership Agreement, aiming to facilitate the orderly flow of skilled Indian professionals to Russia, according to […]

Week Recap: Trump’s Coal Stance, AI’s Billion-Dollar Bet, and Europe’s Energy Gamble

Energy News Beat Weekly Daily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s […]

Meghna presses on with ultramax buying spree

Energy News Beat AsiaDry Cargo Robert Etchell / Marine Traffic Bangladesh’s most aggressive buyer of secondhand tonnage Meghna Group has started 2025 in the same vein as last year. The Dhaka-based owner has picked up another modern Japanese-built and owned ultramax bulk carrier adding to at least four units that had joined its Mercantile Shipping […]

Two European tanker brokers join forces

Energy News Beat Transka Tankers Two European tanker brokers have joined forces with news Odin-RVB from The Netherlands is taking over Barcelona-based Iberica Tanker Chartering. “As the shipping landscape continues to evolve, we recognize the changing demands and expectations of our stakeholders. This merger is yet another pivotal step in our long-term strategy to adapt, […]

BSM’s Sebastian von Hardenberg appointed new president of InterManager

Energy News Beat Operations BSM The chief executive of Germany’s Bernhard Schulte Shipmanagement (BSM), Sebastian von Hardenberg, has been elected as the new president of InterManager. He takes over from Columbia Shipmanagement president and CEO Mark O’Neil, who has been at the helm of the industry association whose members manage over 7,500 ships since 2021. […]

Modec and Toyo get stamp of approval for blue ammonia FPSO

Energy News Beat AsiaOffshore Modec Japanese floater expert Modec and Toyo Engineering Corporation have obtained approval in principle from the American Bureau of Shipping (ABS) for a blue ammonia FPSO. This FPSO is intended to produce and store blue ammonia using associated gas that has conventionally been reinjected into the reservoir without specific applications. The […]