Energy News Beat The tech sector has plunged after China released a free ChatGPT rival operating on cheaper and less advanced chips Chinese AI startup DeepSeek sent shockwaves through global tech stocks on Monday, causing Nasdaq futures in Japan to dip more than 3%, sparking concerns among market players about US technological dominance. Nasdaq 100 […]
Energy News Beat 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 policies […]
Energy News Beat Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and little-known authorities to fast track pipelines, expand power grids and save struggling coal plants. By invoking the […]
Energy News Beat Donald Trump wants EU countries to buy more US-shipped gas. There are reasons for Europeans to consider taking the bait, but each comes at a price. At first glance, US supply and European demand for liquified natural gas seem like a match made in heaven. “We still get a lot of LNG […]
Energy News Beat BERLIN – Despite a stabilisation of oil and gas prices in the wake of Russia’s full-bore invasion of Ukraine, Germans remain hesitant to turn up their heating. The energy crisis persists in their minds, a new report finds, and on the political agenda. It’s been almost three years since government officials […]
Energy News Beat NNPC said the groundbreaking ceremony for the mini LNG plants will be held in Ajaokuta, Kogi state, on January 30. The five small-scale liquefaction, storage, and distribution projects are Prime LNG, NGML/Gasnexus LNG, Bua LNG, Highland LNG, and LNG Arete. NNPC said these five strategically located plants will deliver “affordable” energy to […]
Energy News Beat Romanian Energy Minister Sebastian Burduja announced plans to submit a detailed report to the government on the negative impact of the European Union’s Green Deal policy on Romania’s energy sector. Inspired by US President Donald Trump, Burduja (PNL/EPP) revealed a shift in Romania’s energy strategy, moving from the Green Deal to […]
Energy News Beat The exchange welcomed Venture Global to the NYSE community in a social media post on Friday. Shares of Venture Global closed on the first day of trading below their initial public offering (IPO) price of $25 per share. Venture Global’s shares closed at $24, 4 percent below the IPO price. The company […]
Energy News Beat EDT Offshore Cyprus-based EDT Offshore and Singapore’s shipmanagement giant Synergy Marine Group have joined forces in the offshore sector. The joint venture called EDT Synergy Shipmanagement will aim to deliver innovative and sustainable offshore shipmanagement solutions, addressing industry challenges in decarbonisation and digitalisation, the companies said in a joint release. “This joint […]
Energy News Beat Vanrafelghem Danny / Marine Traffic India’s Shreeji Shipping has filed papers with market regulator SEBI seeking approval to raise funds for fleet expansion through an initial public offering (IPO). The flagship company of Jamnagar-based Shreeji Group, led by Ashokumar Haridas Lal and Jitendra Haridas Lal, is planning to use roughly $33.5m from […]
