Author: Erick Parel

Geneva Dry: 90 days to go

Energy News Beat There’s just 90 days to go until the second edition of Geneva Dry, the world’s premier commodities shipping conference, with organisers urging people thinking about signing up to do so quickly to avoid disappointment. At last year’s inaugural event, organisers were forced to issue a ‘Sold Out’ sign weeks ahead of the […]

Is AI about to replace charterers?

Energy News Beat James Peacock, who leads product development at XMAR, tackles an issue likely to be one of the talking points at this year’s Geneva Dry. Chartering has always been a balancing act of relationships, instinct, and expertise. With artificial intelligence (AI) making waves in every industry, it’s fair to ask: could machines ever […]

Stolt-Nielsen buys Golar’s stake in Avenir LNG

Energy News Beat Avenir LNG Stolt-Nielsen has bought out Golar LNG’s stake in Avenir LNG for $40m. Commenting on the transaction, Udo Lange, CEO of Stolt-Nielsen, said: “This strategic move not only strengthens our position in the LNG sector but also underscores our commitment to pursuing more sustainable energy solutions for the maritime, industrial, and […]

Navantia completes Harland & Wolff buy-out

Energy News Beat EuropeShipyards Harland & Wolff Spain’s Navantia has completed its buy-out of the UK’s Harland & Wolff, securing jobs at four yards in Northern Ireland, England and Scotland. “By combining Harland & Wolff’s proud heritage and facilities with Navantia’s global expertise in defence, maritime and renewable energy, we are creating an exceptional platform […]

Port Botany set for major rail upgrade

Energy News Beat Ports and Logistics NSW Ports DP World and NSW Ports are co-investing A$400m ($250m) to extend the rail terminal at Port Botany in Sydney to double capacity to more than 1m teu per year. The project – which will start on site in June and take two years to compete – comprises […]

Anthony Veder buys ethylene carrier from ADNOC

Energy News Beat EuropeGas Anthony Veder Dutch owner Anthony Veder has bought the Yas, a 9,000 cu m ethylene carrier from Abu Dhabi National Oil Company (ADNOC) for an undisclosed price, renaming it Coral Palmata. The gas carrier addition takes Anthony Veder’s fleet to 29 ships. Jan Valkier, CEO of Anthony Veder, said: “We are […]

Can Geothermal Become a Major US Energy Source Under Trump?

Energy News Beat Geothermal energy is a clean and reliable renewable energy source that has the potential to generate electricity 24/7. The new US administration’s support for geothermal could streamline permitting, increase research funding, and provide tax credits. Geothermal energy currently plays a minor role in US electricity generation, but it has the potential to […]

Trump’s Bold Vision: Unleashing America’s Energy Potential

Energy News Beat Trump’s return heralds a robust shift in US energy policy, emphasizing domestic production, energy independence, and rescinding Biden-era restrictions. ​ Despite fueling unprecedented domestic manufacturing, global dominance, and technological advancement throughout the last century, the American energy industry has been playing defense in recent decades. [emphasis, links added] Activist environmentalists and liberal […]

Illinois’ EV Charging Network, Clean Energy Projects In Jeopardy Under Trump Exec Order

Energy News Beat Illinois’ federal funds for EV chargers face uncertainty after Trump’s executive order, which may affect clean energy projects and state emissions rules. ​ In its quest to get a million electric vehicles on the road by 2030, Illinois was counting on $148 million in federal funding to help build a statewide network […]

Diversified Expands Asset Base, Density, and Commodity Mix with Acquisition of Liquids Rich Maverick Natural Resources

Energy News Beat Financial and Strategic Accretive Acquisition Provides Opportunity for 95% Increase in Revenue, Enhanced Margins, Expense Synergies, and 55% Increase in Free Cash Flow Unique & Differentiated Business Model Offers Reliable Production, Multi-Basin Commodity Diversification, and Strong Hedging Program that Enables Consistent Free Cash Flows Significant Operating Scale Provides Optionality for Organic Growth […]