US Navy bans DeepSeek – media

Energy News BeatDeepSeek

American service personnel have been told that relying on the Chinese-developed AI model raises security and ethical concerns

US Navy bans DeepSeek – media

The US Navy has barred its sailors from using the artificial intelligence model from the Chinese company DeepSeek, CNBC reported on Tuesday.

In an email sent to service personnel on Friday, the Navy warned that DeepSeek’s R1 model had been forbidden “for any work-related tasks or personal use.”

The Chinese AI should be avoided because of the “potential security and ethical concerns associated with the model’s origin and usage,” the message explained.

The Hangzhou-based start-up DeepSeek released its AI Assistant app earlier this month, and by this week it had become the most downloaded free app on the US Apple App Store, surpassing its American rival, OpenAI’s ChatGPT.

Later in the day, a US Navy spokesperson confirmed the authenticity of the email to CNBC.

White House Press Secretary Karoline Leavitt said on Tuesday that the US National Security Council is “looking into” the implications of Deepseek’s AI.

The rapid rise of the Chinese model has caused turmoil on the US stock market, with major tech companies such as Nvidia suffering substantial losses as investors express concerns over the potential disruption posed by DeepSeek’s cost-effective AI solutions to established industry giants.

OpenAI CEO and co-founder Sam Altman wrote on X on Monday that the Chinese AI was “an impressive model, particularly around what they are able to deliver for the price.” However, Altman vowed that his company would “obviously deliver much better models” and claimed that having a new competitor was “invigorating.”

US President Donald Trump said earlier that the release of DeepSeek’s model was a “wake-up call” for US tech companies to step up and compete.

Source: Rt.com

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d’Amico fixes five tankers

Energy News Beat

EuropeTankers

Italian product tanker owner and operator d’Amico International Shipping (DIS) secured employment for five of its vessels.

The Milan-listed company’s Irish-based d’Amico Tankers has fixed four handysize vessels through new deals and extended the charter of one of its MRs.

The charterers and financial terms were not disclosed, but DIS said deals had been struck with “reputable counterparties at highly profitable rates”.

“The attractive rates we secured reaffirm the positive market outlook for our industry,” said DIS chief executive Carlos di Mottola.

Following the latest fixtures, the company has 35% of its available vessel days fixed at a time charter equivalent rate (TCE) of $24,914 per day for the full year 2025 and 16% fixed at TCE rate of about $25,013 per day for 2026.

d’Amico’s fleet stands at 33 product carriers, of which 27 are owned. The company also has four LR1 newbuildings lined up at Jiangsu New Yangzi Shipbuilding with delivery expected in 2027.

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Sustainable Development Goals great on paper, not in real world

Energy News Beat

ENB Pub Note: The UN needs to be thrown out of the United States and all funding cut. They have caused the global humanitarian migration crisis and are causing more harm than good.


The EU is lagging behind on sustainable development progress, with lots of ambitious policies in the books but far fewer real-world impacts, according to a new report by a UN-affiliated body. 

In 2015, UN countries signed a set of 17 Sustainable Development Goals (SDGs) to equip countries with a guiding framework to boost prosperity while still protecting humans and the environment.

But a report published today from the UN-affiliated body Sustainable Development Solutions Network (SDSN) warns that the EU is missing SDG milestones and is making slower progress in recent years.

It was not meant to be this way.

The EU initially seized on the SGDs, citing them frequently in legal texts and using them for impact assessments. Even researchers seeking EU funding needed to show how their work will serve SDG aims.

The EU Green Deal represented a peak in SDG-based policymaking – at least in theory. The package of laws was designed to deliver economic growth, environmental protection, and social fairness all at the same time.

But in practice, experts say that Europe’s SDG progress has been “a mixed bag.”

While the EU has delivered strong progress on the ‘decent work’ SDG target, it has “much less so on climate action and building partnerships to deliver the goals globally,” according to Taube Van Melkebeke, head of policy at the Green European Foundation.

Several experts contacted by Euractiv pointed the finger squarely at weak implementation, particularly as political winds have shifted away from environmental and social priorities.

“More effort should be done towards ‘walking the talk’,” said Sam Williams at the think tank EPICO. This must include “ensuring implementation at the level of member states.”

He also points at potential tensions between different SDG goals.

While the EU is “relatively” a champion for adhering to SDG targets, according to Williams, it is important that “the focus on economic growth does not undermine, but reinforces, climate, environmental, and social priorities.”

The weak implementation is not entirely the EU’s fault.

“War and geopolitical tensions among major powers impact livelihoods everywhere and represent a major setback for sustainable development in Europe and globally,” said Guillaume Lafortune, the SDNS vice-president of SDSN.

But there is still “potential to fully achieve sustainable development.”

SDSN’s report calls on the EU institutions “to issue a joint political statement this year reaffirming the EU’s commitment to achieving the SDGs.”

Lafortune remains a fan of the Green Deal, too, saying that it “is under attack internally and also domestically.” He urged Europe to “stay very strong on this,” as “the Green Deal is the right vision for Europe.”

 

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Three firms seal $3.3 billion LNG-to-power deal in Philippines

Energy News Beat

The three firms announced in separate statements on Tuesday the completion of the transaction.

The transaction involves the acquisition by MGen and TNGP, through Chromite Gas (CGHI), of a 67 percent equity interest in South Premiere Power (SPPC), Excellent Energy Resources (EERI), and Ilijan Primeline Industrial Estate (IPIEC).

Furthermore, CGHI and SMGP will jointly acquire 100 percent of Linseed Field (LFC), which operates the LNG terminal in Batangas City.

As a result of these acquisitions, MGen and TNGP, through their 60-40 stakes in CGHI, respectively, own 67 percent of SPPC, EERI, and IPIEC, while SMGP retains a 33 percent stake in these entities and gains a corresponding interest in Linseed Field, the companies said.

The three companies did not provide further information,

Earlier this year, they announced the deal saying it is worth about $3.3 billion.

MGen and AP will jointly invest in two of SMGP’s gas-fired power plants—the 1,278 MW Ilijan power plant and a new 1,320 MW combined cycle power facility which is expected to start operations by the end of 2024, they said.

The Philippines competition watchdog recently approved this LNG-to-power transaction worth about $3.3 billion.

The operator of the LNG terminal Linseed Field is a unit of Singapore’s LNG firm AG&P.

The three power companies said the terminal will be used to receive, store, and process LNG fuel for the two power plants, thus fully integrating the local energy sector into the global natural gas supply chain.

AG&P’s unit AG&P LNG, which is now majority-owned byUS investment and asset management firm Nebula Energy, is the operator of the first LNG import and regasification terminal in the Philippines, called the Philippines LNG (PHLNG) import terminal located in Batangas Bay.

In April 2023, AG&P kicked off commissioning activities at the LNG import terminal following the arrival of the 137,500-cbm FSU Ish at the terminal’s jetty in Batangas Bay.

AG&P previously said that San Miguel uses regasified LNG from this plant to power its Ilijan gas-fired power plant, one of the largest in the country, to serve Luzon, the most populous region in the Philippines.

This new collaboration “will substantially augment the country’s power supply with over 2,500 MW of generation capacity once fully operational, backed by advanced LNG storage and regasification capabilities,” the three power firms previously said.

The Philippines has several LNG import facilities on the table as the Malampaya gas field becomes less reliable in producing and providing sufficient fuel supply for the country’s existing gas-fired power plants.

Besides AG&P’s terminal, First Gen also launched its Batangas FSRU-based facility last year.

Aboitiz Power confirmed in a separate statement recently that the main players in the country’s gas-to-power industry are exploring interconnecting their pipeline infrastructure to share LNG imports.

According to the statement, the three power firms may join forces with First Gen to share LNG imports.

 

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Venture Global gets OK to introduce gas to seventh Plaquemines liquefaction block

Energy News Beat

The US FERC approved Venture Global Plaquemines LNG’s request from January 22 to commission and introduce hazardous fluids to liquefaction block 7, it said in a filing dated January 28.

Earlier this month, the regulator approved the commissioning of the liquefaction train system blocks 7 and 8 with nitrogen gas.

FERC granted the commissioning of the liquefaction train system block 1 in August 2024 and approved the commissioning of five additional blocks after that, previous fillings showed.

Venture Global took a final investment decision on the first phase of the Plaquemines project with a capacity of 13.3 mtpa and the related pipeline in May 2022. It also secured $13.2 billion in project financing.

In March 2023, the company sanctioned the second phase of the Plaquemines LNG export plant in Louisiana and also secured $7.8 billion in project financing.

The full project, including the second stage, will have a capacity of 20 mtpa coming from 36 modular units, configured in 18 blocks.

Each train has a capacity of 0.626 mtpa.

Venture Global said in its recent IPO statement it is targeting a COD (commercial operations date) for the Plaquemines project in the third quarter of 2026 for Phase 1 and the second quarter of 2027 for Phase 2.

Last month, Venture Global LNG received approval from FERC to export the first commissioning cargo from its Plaquemines LNG plant.

The approval came just a week after Venture Global started producing LNG at the company’s second facility.

With this, Plaquemines LNG became the eighth US LNG export facility.

In the meantime, the company has already delivered three Plaquemines LNG commissioning cargoes to Germany.

The 2021-built 174,000-cbm, Isabella, was on Wednesday located at the 170,000-cbm FSRU Hoegh Esperanza, which serves DET’s first Wilhelmshaven LNG terminal, its AIS data provided by VesselsValue shows.

This LNG carrier left the Plaquemines LNG facility some two weeks ago.

Earlier this month, this FSRU welcomed the first commissioning LNG cargo from Venture Global’s Plaquemines plant onboard Venture Global’s 174,000-cbm newbuild carrier, Venture Bayou.

Germany’s EnBW bought this LNG cargo from Venture Global.

Venture Global said this shipment marked over 60 LNG cargoes sent from the company into Germany since 2022.

The second commissioning LNG cargo from the Plaquemines plant was recently delivered onboard Venture Global’s 174,000-cbm newbuild carrier, Venture Gator, to Brunsbüttel, the home of the 170,000-cbm FSRU Hoegh Gannet.

 

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Brussels wants to extend the EU’s gas storage mandate beyond 2025

Energy News Beat

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Africa commits to electricity plan for 300 million people

Energy News Beat

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Leaders have adopted the Dar es Salaam Energy Declaration to drive power infrastructure

Africa commits to electricity plan for 300 million peopleAfrica commits to electricity plan for 300 million people

African leaders have pledged to provide electricity to 300 million people across the continent by 2030. The ambitious target was formalized in the Dar es Salaam Energy Declaration, adopted on Monday during the Africa Energy Summit in Tanzania.

The summit, held under the theme ‘Powering Africa for Reliable, Affordable, Inclusive, Sustainable, and Clean Energy for All’, brought together heads of state and key stakeholders to address the continent’s persistent energy crisis.

The initiative, known as ‘Mission 300’, was launched in April by the World Bank and the African Development Bank (AfDB) as part of efforts to accelerate electrification. 

Reading the declaration, AfDB Secretary-General Vincent Nmehielle emphasized the critical need for immediate action. To support the initiative, the AfDB has committed $18.2 billion, while the World Bank has pledged $22 billion. Other commitments include $2.65 billion from the Islamic Development Bank, $1.5 billion from the Asian Infrastructure Investment Bank, $1 billion from the OPEC Fund.

Several nations, including Nigeria, Senegal, Zambia, and Tanzania, have pledged to implement reforms in their electricity sectors, increase national electrification targets, and accelerate the integration of renewable energy sources.

World Bank President Ajay Banga made it clear that the organization’s financial support would be conditional on countries implementing necessary regulatory and policy reforms. “The World Bank will pay countries as part of our support only when they make the changes,” he said.

According to projections by the World Bank and the AfDB, half of the new electricity connections will come from existing national grids, while the other half will rely on renewable energy solutions such as wind and solar mini-grids.

RT

The UN Sustainable Development Group reported that approximately 600 million Africans – nearly half the continent’s population – still lack reliable access to electricity, accounting for over 80% of the global electricity access gap. Nations such as Burundi and South Sudan continue to have some of the lowest electricity access rates, according to 2022 data.


READ MORE:
Apple faces ‘blood minerals’ probe

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Dolphin Drilling CEO resigns

Energy News Beat

EuropeOffshore

The chief executive officer of semisub rig owner Dolphin Drilling has submitted his resignation from the company.

The resignation of Dolphin CEO Bjørnar Iversen comes into force with immediate effect. He joined the company as CEO in July 2019. Before joining Dolphin Drilling, Iversen was the CEO of Songa Offshore and held various senior management roles at Odfjell Drilling.

Jon Oliver Bryce has been appointed as the interim CEO of the company. He currently holds the position of chief strategy officer and brings over 30 years of experience in the drilling industry. Before joining Dolphin Drilling, he held senior and leadership roles at Awilco Drilling and Odfjell Drilling.

Bryce holds a degree in mechanical engineering, is on the supervisory board of the UK Chamber of Shipping, and is the chair of the British Rig Owners Association.

“We would like to thank Bjørnar for his contributions to the company over the last six years and wish him well with his future endeavours,” said Martin Nes, chairman of Dolphin Drilling’s board of directors.

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Odfjell Drilling nets $148m semisub extension with Equinor

Energy News Beat

EuropeOffshore

Norway’s Odfjell Drilling has won an extension for one of its rigs with compatriot energy major Equinor.

The deal is to extend the employment of the 2009-built Deepsea Atlantic semisub until the end of the second quarter of 2027.

The unit will operate under previously agreed terms until the mid-third quarter of 2026. The current 23-month contract has a value of about $290m.

After this, the unit will then continue with Equinor until the end of the second quarter of 2027 for an approximate incremental value of $148m excluding escalation fees, integrated services, performance bonuses, and fuel incentives.

The contract maintains further optional periods of four priced one-well options as well as three further optional periods of approximately one year each, with the rates for each period to be mutually agreed upon before exercising. If exercised, such options could keep the rig contracted into 2030.

“With this additional backlog, the Odfjell Drilling owned fleet is now fully booked until 2027 with a significant, predictable, and increasing revenue backlog,” said Kjetil Gjersdal, CEO of Odfjell Drilling.

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U-Ming books ultramax newbuild brace in Japan

Energy News Beat

Taiwanese dry bulk shipping operator U-Ming Marine Transport is expanding its fleet a brace of ultramax newbuilds in Japan.

The subsidiary of the Far Eastern Group has signed up for 64,100 dwt vessels at Oshima Shipbuilding with delivery expected in April and June 2028. No price has been revealed.

U-Ming owns and operates nearly 80 ships, including those under construction, and joint ventures. Most of the fleet comprises bulkers, but the company also trades in the VLCC, cement carrier and crew transfer vessel segments.

Last October the company booked a series of four ultramaxes at Chinese builder New Dayang for delivery in 2027 and 2028. U-Ming’s fleet list also shows a pair of capsize bulker newbuildings contracted at China’s Hengli Heavy Industry with estimated delivery in the second half of 2027.

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