Biden’s EPA Funneled $20M To Nonprofit Led By Top White House Adviser

Energy News Beat

Biden’s EPA gave $20M to a nonprofit whose CEO applied while on a top White House advisory council, sparking cronyism alarm bells.

biden dazed and confused
In the final weeks of the Biden administration, the Environmental Protection Agency (EPA) awarded a lucrative environmental justice grant to a left-wing nonprofit whose CEO—LaTricea Adams—personally applied for the taxpayer funding while simultaneously serving as a member of a top White House advisory council. [emphasis, links added]

The Biden EPA announced in December that it selected Young, Gifted & Green to receive a $20 million grant under its so-called Environmental and Climate Justice Community Change Program—the largest grant allowed under the program.

The EPA dished out 105 grants—including the grant to Adams’s Tennessee-based group—totaling $1.6 billion as part of the program after receiving 2,801 applications from groups nationwide, according to internal agency documents reviewed by the Washington Free Beacon.

The EPA documents also show that Adams was listed as the individual applicant for the grant, which she applied for on behalf of Young, Gifted & Green in late September.

Adams personally applied while serving as a member of former president Joe Biden’s EJAC (EJAC), which was housed at the EPA. She served on the council from March 2021 through the end of the Biden administration.

It remains unclear the extent to which Adams, in her role on the EJAC, advised the EPA on its grantmaking activity or implementation of the Community Change Program.

Young, Gifted & Green did not respond to requests for comment.

But the revelation adds further weight to questions about the Biden administration’s process for doling out grants and whether the administration played favorites when it came to such programs.

Federal officials are generally expected to avoid even the appearance of impropriety when carrying out their duties.

The Free Beacon previously reported that groups whose leaders served on Biden’s EJAC were the recipients of EPA grants totaling hundreds of millions of dollars during the previous administration.

“The deep ties between the Biden-Harris administration, their donors, advisers, and grant recipients are a staggering wake-up call…”

The Young, Gifted & Green grant, though, represents the only known instance in which a council member personally applied for the funding their group ultimately received from the EPA.

The Trump administration has taken aim at both environmental justice programs as part of its energy agenda.

It has also initiated audits of climate spending executed under the Biden administration as part of its efforts to cut government waste and abuse.

“The deep ties between the Biden-Harris administration, their donors, advisers, and grant recipients are a staggering wake-up call,” EPA administrator Lee Zeldin told the Free Beacon in a statement.

“There will be zero tolerance for waste or abuse at EPA under the Trump administration.”

“Being a good steward of American hard-earned tax dollars to protect human health and the environment is my top priority, not following the corrupt example of those who funneled funds through kickbacks and pass-throughs to far-left activists,” Zeldin said.

The EPA’s billion-dollar Environmental and Climate Justice Community Change Program was created by the Democrats’ Inflation Reduction Act, which Biden signed into law in August 2022.

The purpose of the initiative is to fund local efforts to fight climate change in ways that “benefit disadvantaged communities.”

Young, Gifted & Green said it would use its $20 million grant to finance energy efficiency upgrades in 150 low-income homes in Memphis, Tenn., and support small businesses that seek to install solar panels or replace gas appliances with electric alternatives.

The group added that it would construct new greenspaces.

The size of the EPA grant dwarfs the amount of money Young, Gifted & Green had previously handled. Since it registered as a 501(c)(3) nonprofit in 2020, the group has reported a total revenue of $2.7 million, about 14 percent the size of its EPA grant, according to tax filings reviewed by the Free Beacon.

“These shocking revelations solidify the Biden administration’s legacy as the most corrupt in modern history,” Tom Jones, the executive director of right-leaning watchdog group the American Accountability Foundation, told the Free Beacon.

“While everyday Americans suffered under Bidenflation, rampant cronyism flourished—a disgrace that demands full investigation and accountability and proves once again the necessity for all these grants to be impounded by the Office of Management and Budget (OMB) immediately,” Jones continued. “The American people deserve nothing less.”

Read rest at Free Beacon

 

The post Biden’s EPA Funneled $20M To Nonprofit Led By Top White House Adviser appeared first on Energy News Beat.

 

What the U.K. Wants from Apple Will Make Our Phones Less Safe

Energy News Beat

Once a back door to user data exists, everyone will want in.


Argument
An expert’s point of view on a current event.

What the U.K. Wants from Apple Will Make Our Phones Less Safe

Once a back door to user data exists, everyone will want in.

By , a security technologist and lecturer at the Harvard Kennedy School.
A boy in Bath, England looks at a smartphone screen on March 16, 2023.
A boy in Bath, England looks at a smartphone screen on March 16, 2023.
A boy in Bath, England looks at a smartphone screen on March 16, 2023. Matt Cardy/Getty Images

Last month, the U.K. government demanded that Apple weaken the security of iCloud for users worldwide. On Friday, Apple took steps to comply for users in the United Kingdom. But the British law is written in a way that requires Apple to give its government access to anyone, anywhere in the world. If the government demands Apple weaken its security worldwide, it would increase everyone’s cyber-risk in an already dangerous world.

If you’re an iCloud user, you have the option of turning on something called “advanced data protection,” or ADP. In that mode, a majority of your data is end-to-end encrypted. This means that no one, not even anyone at Apple, can read that data. It’s a restriction enforced by mathematics—cryptography—and not policy. Even if someone successfully hacks iCloud, they can’t read ADP-protected data.

Last month, the U.K. government demanded that Apple weaken the security of iCloud for users worldwide. On Friday, Apple took steps to comply for users in the United Kingdom. But the British law is written in a way that requires Apple to give its government access to anyone, anywhere in the world. If the government demands Apple weaken its security worldwide, it would increase everyone’s cyber-risk in an already dangerous world.

If you’re an iCloud user, you have the option of turning on something called “advanced data protection,” or ADP. In that mode, a majority of your data is end-to-end encrypted. This means that no one, not even anyone at Apple, can read that data. It’s a restriction enforced by mathematics—cryptography—and not policy. Even if someone successfully hacks iCloud, they can’t read ADP-protected data.

Using a controversial power in its 2016 Investigatory Powers Act, the U.K. government wants Apple to re-engineer iCloud to add a “back door” to ADP. This is so that if, sometime in the future, U.K. police wanted Apple to eavesdrop on a user, it could. Rather than add such a back door, Apple disabled ADP in the U.K. market.

Should the U.K. government persist in its demands, the ramifications will be profound in two ways. First, Apple can’t limit this capability to the U.K. government, or even only to governments whose politics it agrees with. If Apple is able to turn over users’ data in response to government demand, every other country will expect the same compliance. China, for example, will likely demand that Apple out dissidents. Apple, already dependent on China for both sales and manufacturing, won’t be able to refuse.

Second: Once the back door exists, others will attempt to surreptitiously use it. A technical means of access can’t be limited to only people with proper legal authority. Its very existence invites others to try. In 2004, hackers—we don’t know who—breached a back-door access capability in a major Greek cellphone network to spy on users, including the prime minister of Greece and other elected officials. Just last year, China hacked U.S. telecoms and gained access to their systems that provide eavesdropping on cellphone users, possibly including the presidential campaigns of both Donald Trump and Kamala Harris. That operation resulted in the FBI and the Cybersecurity and Infrastructure Security Agency recommending that everyone use end-to-end encrypted messaging for their own security.

Apple isn’t the only company that offers end-to-end encryption. Google offers the feature as well. WhatsApp, iMessage, Signal, and Facebook Messenger offer the same level of security. There are other end-to-end encrypted cloud storage providers. Similar levels of security are available for phones and laptops. Once the U.K. forces Apple to break its security, actions against these other systems are sure to follow.

Read More

A security guard stands at the entrance to the U.S. Agency for International Development (USAID) headquarters on Feb. 3.

A security guard stands at the entrance to the U.S. Agency for International Development (USAID) headquarters on Feb. 3.
A security guard stands at the entrance to the U.S. Agency for International Development (USAID) headquarters on Feb. 3.

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A man wearing a glove covered with red paint leaves a mark over a passport of the Republic of Serbia, as part of an action organized by the Croatian Women's Network and the Center for Women's Studies during a protest in front of the Embassy of the Republic of Serbia in Zagreb, Croatia, on Jan. 27.

A man wearing a glove covered with red paint leaves a mark over a passport of the Republic of Serbia, as part of an action organized by the Croatian Women’s Network and the Center for Women’s Studies during a protest in front of the Embassy of the Republic of Serbia in Zagreb, Croatia, on Jan. 27.

A man wearing a glove covered with red paint leaves a mark over a passport of the Republic of Serbia, as part of an action organized by the Croatian Women’s Network and the Center for Women’s Studies during a protest in front of the Embassy of the Republic of Serbia in Zagreb, Croatia, on Jan. 27.

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It seems unlikely that the U.K. is not coordinating its actions with the other “Five Eyes” countries of the United States, Canada, Australia, and New Zealand: the rich English-language-speaking spying club. Australia passed a similar law in 2018, giving it authority to demand that companies weaken their security features. As far as we know, it has never been used to force a company to re-engineer its security—but since the law allows for a gag order we might never know. The U.K. law has a gag order as well; we only know about the Apple action because a whistleblower leaked it to the Washington Post. For all we know, they may have demanded this of other companies as well. In the United States, the FBI has long advocated for the same powers. Having the U.K. make this demand now, when the world is distracted by the foreign-policy turmoil of the Trump administration, might be what it’s been waiting for.

The companies need to resist, and—more importantly—we need to demand they do. The U.K. government, like the Australians and the FBI in years past, argues that this type of access is necessary for law enforcement—that it is “going dark” and that the internet is a lawless place. We’ve heard this kind of talk since the 1990s, but its scant evidence doesn’t hold water. Decades of court cases with electronic evidence show again and again the police collect evidence through a variety of means, most of them—like traffic analysis or informants—having nothing to do with encrypted data. What police departments need are better computer investigative and forensics capabilities, not back doors.

We can all help. If you’re an iCloud user, consider turning this feature on. The more of us who use it, the harder it is for Apple to turn it off for those who need it to stay out of jail. This also puts pressure on other companies to offer similar security. And it helps those who need it to survive, because enabling the feature couldn’t be used as a de facto admission of guilt. (This is a benefit of using WhatsApp over Signal. Since so many people in the world use WhatsApp, having it on your phone isn’t in itself suspicious.)

On the policy front, we have two choices. We can’t build security systems that work for some people and not others. We can either make our communications and devices as secure as possible against everyone who wants access, including foreign intelligence agencies and our own law enforcement, which protects everyone, including (unfortunately) criminals. Or we can weaken security—the criminals’ as well as everyone else’s.

It’s a question of security vs. security. Yes, we are all more secure if the police are able to investigate and solve crimes. But we are also more secure if our data and communications are safe from eavesdropping. A back door in Apple’s security is not just harmful on a personal level, it’s harmful to national security. We live in a world where everyone communicates electronically and stores their important data on a computer. These computers and phones are used by every national leader, member of a legislature, police officer, judge, CEO, journalist, dissident, political operative, and citizen. They need to be as secure as possible: from account takeovers, from ransomware, from foreign spying and manipulation. Remember that the FBI recommended that we all use back-door-free end-to-end encryption for messaging just a few months ago.

Securing digital systems is hard. Defenders must defeat every attack, while eavesdroppers need one attack that works. Given how essential these devices are, we need to adopt a defense-dominant strategy. To do anything else makes us all less safe.

Bruce Schneier is a security technologist and lecturer at the Harvard Kennedy School. His latest book is A Hacker’s Mind: How the Powerful Bend Society’s Rules, and How to Bend them Back.

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The post What the U.K. Wants from Apple Will Make Our Phones Less Safe appeared first on Energy News Beat.

 

Azerbaijan, Pakistan extend LNG supply deal

Energy News Beat

According to a statement by the Azerbaijani president’s press service, the signed document was exchanged on Monday during the Pakistani Prime Minister’s official visit to Azerbaijan.

Socar’s president, Rovshan Najaf, and Masood Nabi, CEO of Pakistan LNG, exchanged the “amendment agreement no. 1 to the framework agreement for the sale and purchase of LNG cargoes related to master (delivered ex-ship) LNG sale and purchase agreement,” the statement said.

The statement did not provide further information.

In July 2023, the two firms signed a deal under which Azerbaijan offers one shipment of LNG per month, and Pakistan is free to accept or reject the cargo.

According to local media reports, Pakistan’s Economic Coordination Committee (ECC) approved extending the LNG supply agreement for three more years last week.

Pakistan currently imports LNG via two FSRU-based LNG import terminals in Port Qasim.

The country’s first terminal started operations back in 2015 utilizing Excelerate’s FSRU while the second floating LNG import facility uses FSRU BW integrity.

Pakistan gets most of its supplies under long-term contracts from Qatar, while the country also has a 15-year deal with Italy’s Eni for 0.75 mtpa per year-

Last year, Geneva-based energy trader Gunvor resolved a dispute with Pakistan LNG over issues related to contracted LNG supplies.

Gunvor and Pakistan signed a five-year contract in 2017 for some 0.78 mtpa per year or 12 LNG cargoes per year.

 

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Trump’s New Map

Energy News Beat

ENB Pub Note: This article from the Foreign Policy Research Institute raises several interesting and key points. However, it does not consider President Trump’s commitment to changing the global elite’s path to a one-world government. By being the first “Post Literate,” he has figured out how to communicate directly to voters and his constituents, he can avoid being trapped by the deep state and one-world government elite. The EU, NATO, and the UN are about to determine how much has changed during the Biden Administration’s control. It is not unreasonable to expect President Trump to articulate defunding vast chunks of the UN, and NATO has already pulled out of many globalist organizations. The more corruption, greed, and graft that is discovered by DOGE, you will see an equal and opposite reaction to get away from the corrupt organizations. 

My series with George McMillan covers many of the geopolitical issues surrounding the global land/sea power moves governments make regarding energy and pipelines. You can find hours of material here: https://energynewsbeat.co/george-mcmillian/. 


By , the Robert Strausz-Hupé chair in geopolitics at the Foreign Policy Research Institute.
Donald Trump is seen inside a helicopter at night looking down at a cell phone
Donald Trump is seen inside a helicopter at night looking down at a cell phone
U.S. President Donald Trump looks at his cell phone as Marine One arrives at the White House in Washington on Aug. 9, 2020. Samuel Corum/Getty Images

In a prophetic speech delivered in Brussels in June 2011, then-U.S. Defense Secretary Robert M. Gates warned Washington’s European allies that if they did not start paying substantially more for their own security, NATO might one day be a thing of the past. Gates noted that he was only “the latest in a string of U.S. defense secretaries who have urged allies privately and publicly, often with exasperation, to meet agreed-upon NATO benchmarks for defense spending.”

At the time, only five of the 28 members of NATO—Albania, Britain, France, Greece, and the United States—were spending at least 2 percent of their GDP on defense annually, as they had pledged to do in 2006. Unless that situation changed dramatically, Gates said, there would be a “dwindling appetite” to defend Europe among the “American body politic writ large.”

In a prophetic speech delivered in Brussels in June 2011, then-U.S. Defense Secretary Robert M. Gates warned Washington’s European allies that if they did not start paying substantially more for their own security, NATO might one day be a thing of the past. Gates noted that he was only “the latest in a string of U.S. defense secretaries who have urged allies privately and publicly, often with exasperation, to meet agreed-upon NATO benchmarks for defense spending.”

At the time, only five of the 28 members of NATO—Albania, Britain, France, Greece, and the United States—were spending at least 2 percent of their GDP on defense annually, as they had pledged to do in 2006. Unless that situation changed dramatically, Gates said, there would be a “dwindling appetite” to defend Europe among the “American body politic writ large.”

Change has come in Europe, but perhaps not fast enough. Today, two-thirds of NATO members meet the 2 percent benchmark. But in light of Russia’s war in Ukraine and U.S. President Donald Trump’s demand that allies ramp up spending to 5 percent, Europe still has a long way to go. Trump has long been derisive of NATO. Last year, he said that he would encourage Russians to “do whatever the hell they want” to any NATO country that doesn’t pay more for its defense. Meanwhile, Vice President J.D. Vance has said that the United States could drop support for NATO if the European Union tries to regulate Elon Musk’s business platforms.

The disagreement over budget allocations points to a more profound issue: Too many Americans, as evinced in the populist rhetoric of Trump and Vance, just do not care deeply about defending Europe anymore.


A man and woman are seen at center as a military parade with soldiers in uniform playing instruments pass by on a cobblestoned street.A man and woman are seen at center as a military parade with soldiers in uniform playing instruments pass by on a cobblestoned street.

U.S. Secretary of Defense Pete Hegseth and his wife, Jennifer Rauchet, watch a military ceremony in Warsaw on Feb. 14. Omar Marques/Getty Images

The shift in U.S. attitudes toward Europe should not be surprising. NATO has lasted for nearly 80 years. That is a long time in modern history, especially in an era of rapid technological change that has affected information, economics, air travel, migration patterns, and identity itself.

When NATO was founded shortly after World War II, the United States dominated the world with more than half of all global manufacturing capacity. That figure has dwindled to around 16 percent. In the postwar period, it was natural for the United States to both lead and finance the new alliance; after all, European cities were smoking hulks from aerial bombardment, and Joseph Stalin’s Soviet Union loomed as a mortal threat to Western Europe. Over the decades, that dynamic evolved. Europe, with its security largely paid for by the United States, built enviable social welfare states where citizens enjoyed the good life. Stalin died, the West achieved detente with the Soviets, and the Soviet Union later collapsed.

NATO survived the decades after the Cold War and the rebirth of Russian imperialism—a period that has included the rise of roiling populism and identity politics in the West—largely because the alliance was led by people who either had a keen memory of World War II and the early Cold War years or grew up with and admired people who did. But that living historical memory is evaporating. In the process, Americans have rediscovered an older, more archaic aspect of their own identity—one that Europeans neglected for too long. Europe has always known that the United States is a continent facing the Pacific as well as the Atlantic, but it has never sufficiently internalized that knowledge to affect its own behavior.

U.S. identity, at least since the early 20th century, has been shaped by two broad phenomena: one geographical and the other Wilsonian. The geographical one seems obvious, but for too many people—especially European elites—it really isn’t.

The temperate zone of North America, which largely comprises the United States, is perfectly apportioned for nationhood, with deep-water ports along the East Coast and routes through the Appalachians to the vast rich soils of the prairie. The water-starved Great American Desert, now known as the Great Plains, arose as a true natural barrier, but a transcontinental railroad was built to carry a population through the Rocky Mountains to the Pacific Ocean. Geography wrought a cohesive nation separated from the outer world by two oceans, and there was so much going on inside it—with all of its problems and possibilities—that the rest of the world could remain obscure.

Yet once the Pacific was reached, there was not one but two coastlines to consider, not to mention the Gulf Coast between Florida and Texas. This opened up great sea lines of communication to both Europe and Asia and enabled a robust trade with the outer world.

Woodrow Wilson sits in a chair holding a letter. Behind him is a desk stacked with books.Woodrow Wilson sits in a chair holding a letter. Behind him is a desk stacked with books.

An undated portrait of U.S. President Woodrow Wilson. Hulton Archive/Getty Images

Here is where the other aspect of U.S. identity comes in: Wilsonianism—shorthand for the ideology of seeing the achievement of freedom far beyond U.S. shores as essential to the country’s own security. Although Woodrow Wilson, the 28th U.S. president, failed to bring the United States into an international order following World War I, he created a goal for the country to strive for—just as steamships and aircraft were beginning to bring it into much closer proximity with Europe. It would take World War II and its aftermath, making Washington the world’s preeminent power, to achieve the Wilsonian ideal of establishing a bastion of freedom and democracy in a large part of the European continent.

As obvious and desirable as this all seemed in the postwar years, it was not altogether natural in geographical terms. It required a knowledge of the sacrifices that the United States had made for the sake of a better world, combined with historical kinship based on Washington’s European roots—philosophical roots more than blood and soil ones. This all required reading, something that elites take for granted but shouldn’t. For as eight decades have passed, this tradition can only now be valued through books and education, since the lived memory of the establishment of the Atlantic alliance is gone, just as the Cold War is fading from consciousnesses.

Trump is not an heir to this tradition. He doesn’t really read. He is post-literate—that is, he exists in a world of social media and smartphones but has not immersed himself in the study of narrative history, even superficially.

Thus, he is unappreciative of the postwar saga of the West. NATO is a mere acronym to him, not a connotation of humankind’s largest-ever military alliance, which emerged out of the struggle against Nazi fascism. He likely knows nothing about the Atlantic Charter—signed by U.S. President Franklin D. Roosevelt and British Prime Minister Winston Churchill off the coast of Newfoundland, Canada, in August 1941—that laid out an inspiring vision for a postwar world, or about the building of a postwar order by great U.S. diplomats and statesmen, such as Averell Harriman and George Kennan.

The U.S. foreign-policy elite has cut its teeth on such inspirational history. Trump and his followers are likely unfamiliar with much of this. And because of the evolution of technology, he may not be the last president of his kind.

Since Trump is ahistorical, he has only geography to fall back upon. He imagines the United States as a continent existing on its own, and he registers the comparative closeness of such places as Greenland and Panama, which he has vowed to acquire. In Trump’s mind, Greenland and the Panama Canal are organic extensions of the logic of U.S. geography, especially in an age that will likely see more naval activity in the Arctic.

Another factor to consider is that technology has been shrinking geography itself. This is an easy change to miss, since it has been so gradual. Crises in one part of the world can affect crises in other parts as never before. The well-read, historical mind sees this development as a reason for the United States to bolster alliances the world over. But in Trump’s more primitive and deterministic worldview, it is a time to bolster regional spheres of influence in a more claustrophobic world that will be in perpetual conflict.

What Trump seems to have in mind is a greater North America, from the Panama Canal to Greenland, with Canada subservient to the United States. Manifest destiny, according to Trump’s mythology, now begins to complete itself: What once meant conquering the temperate zone of North America from east to west now entails a conquest from north to south. Trump’s attempt to rename the Gulf of Mexico as the “Gulf of America” says it all.


As for Europe, it is becoming weaker and more divided, threatened by Russia to the east and political turmoil in response to migration from the Middle East and Africa to the south. As I wrote in my 2018 book, The Return of Marco Polo’s World, “[a]s Europe disappears, Eurasia coheres.” Europe, I explained, would eventually merge with a Eurasian power system. The war in Ukraine, which has brought Russia into deeper alliances with China, Iran, and North Korea, has borne this theory out. In today’s smaller world, Europe cannot separate itself from the upheavals of Afro-Eurasia, making it less valuable in Trump’s new map. This is what happens when Wilsonianism dies.

For many years, Europeans have worried about the United States paying too much attention to China and the rest of East Asia. The problem is deeper than that. Trump seems to see China as its own continent and power bloc, much like the United States. The U.S. president might have a trade war with China, or he might not. He might even try to improve relations with Beijing. The point is that China registers in Trump’s view of an Earth divided according to regions—whereas Europe, despite NATO and the European Union, is insufficiently united to amount to much of anything.

Trump also hates elites and their projects, and NATO is the ultimate elite project. Had the alliance’s members taken Gates’s reprimand to heart in 2011 and raised their defense budgets much sooner, Trump might feel differently now. And even if he didn’t, then at least he would not have the weapon of relatively small European defense budgets to use against NATO allies, which would seriously weaken his argument.

Meanwhile, the United States’ first post-literate president signals a challenge that Europe has not faced since Washington came to its rescue in 1941. The Cold War and its aftermath, when the former captive nations of Central and Eastern Europe joined NATO, may loom in the future as a halcyon time.

 

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PetroChina in first European LNG bunkering op

Energy News Beat

According to a statement by PetroChina International, the 6000-cbm LNG bunkering vessel, Optimus, which is on charter by Dutch LNG supplier Titan, recently sailed from the Gate LNG terminal in Rotterdam to UK’s Portsmouth port to complete the refueling of 2,000 tons of LNG.

These volumes were supplied by PetroChina International London.

PetroChina International said this is the first time the company has carried out the LNG bunkering business in Europe, marking the extension of the value chain to terminal services.

The firm joined forces with Titan for this maiden LNG bunkering operation.

According to PetroChina International, it signed a memorandum of understanding with Titan in December last year.

PetroChina International did not provide further information.

Last month, France’s Brittany Ferries and Titan completed the first LNG bunkering operation in the UK’s Portsmouth port.

Optimus delivered LNG fuel to the E-Flexer class RoPax vessel, Saint-Malo during the operation.

According to its AIS data provided by VesselsValue, Optimus visited the UK port two times in the last month after loading volumes at Gate.

In March 2023, PetroChina International London agreed to book long-term capacity at the Gate LNG import terminal, which is owned by Gasunie and Vopak.

PetroChina International London acquired 2 Bcm per year of regasification and also corresponding storage capacity for a period of 20 years.

 

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Stena Bulk forms Nigerian tanker venture

Energy News Beat

Swedish shipowner Stena Bulk has signed a deal with NNPC Shipping, part of oil producer Nigerian National Petroleum Corp and local integrated offshore support player Caverton Marine for a new tanker joint venture in Nigeria.

The deal will create a new tanker operation serving Nigeria and West Africa’s regional and global crude oil, refined product and LNG shipping requirements.

“This collaboration aligns perfectly with our pragmatic strategy of expanding our presence in key growth markets while maintaining our high standards of operational excellence and sustainability. Nigeria’s energy sector is undergoing a remarkable transformation, and we’re proud to be part of this journey,” said Erik Hånell, president and CEO, Stena Bulk.

The joint venture partners said they will look into vessel acquisitions and long-term charter arrangements to build a fleet that will primarily serve the logistics needs of NNPC but also cater to other oil producers and traders in the region.

Panos Gliatis, managing director at NNPC Shipping, said the tie-up marks a significant milestone in NNPC’s commitment to modernising Nigeria’s maritime infrastructure.

“By combining our expertise with Stena Bulk and Caverton Marine, we’re creating a robust platform that will enhance our domestic refining, import and export capabilities and strengthen Nigeria’s position in global energy logistics,” Gliatis noted.

Bode Makanjuola, chief executive of Caverton Offshore Support Group stated the jv was the result of many years of planning and that it marks a “significant stride” in enhancing Nigeria’s maritime capabilities.

“By combining local knowledge with international best practices, we are establishing a world-class operation that will benefit not only Nigeria but the entire Sub-Saharan Africa region,” he added.

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Container sector set to take biggest hit from US plans to charge Chinese-built vessels

Energy News Beat

Shipping is reeling from what could be the most seismic decision to effect the industry yet in the opening weeks of Donald Trump’s second term in office.

The American president will make a decision, likely in around a month’s time, on whether to carry out suggestions made by the office of the US Trade Representative following an investigation carried out over the past year into China’s growing dominance in maritime, especially in the realm of shipbuilding.

The USTR report cites artificially suppressed labour costs, forced technology transfer and intellectual property theft among a raft of accusations levelled at Beijing.

The trade office has recommended potential fees of up to $1.5m per port call for Chinese-built vessels, $1m per port call for operators of Chinese-built ships, and mandatory US-flag shipping requirements with March 24 set as the deadline for public comments to be made after which the president will make his decision.

The majority of ocean-going ships would pay the maximum port fee given their net tonnages, according to analysis by Jefferies, an investment bank.

“These fees would likely require re-organizing fleet patterns and make US calls more lucrative on a freight rate basis, which operators would aim to pass on,” a note from Jefferies stated.

We might as well suspend trying to make credible forecasts of future supply-demand balance

The most affected sector is likely containerships given their multiple port calls. A $1.5m fee spread against the average 10,000 teu ship calling in the US would equate to $150 per teu or $300 per feu, according to Jefferies calculationsw, taking today’s China-Los Angeles rate quotes up from $3,000per feu to $3,300 per feu. A VLCC cargo from the US Gulf to China costs $8.3m in today’s market or $4.20 per barrel, but that would rise to $4.95 per barrel including a $1.5m fee according to Jefferies. Were Trump to approve of the USTR measures, Dutch bank ING said the ripple effects will impact global supply chains, investor confidence, and international relations, creating even more uncertainty further on, as businesses grapple with enduring low arrival reliability with potential new disruptions and increased costs.

As with many industries, China has come to dominate shipbuilding this century, moving from a global market share of less than 10% of the global orderbook to a commanding two-thirds stranglehold by the end of last year. The US, by contrast, has a market share of just 1%.

The US has been engaging with Korean and Japanese shipbuilders in a belated bid to bolster its faded shipbuilding sector, while one of Trump’s first acts back in power was to enact a blanket 10% tariff on Chinese imports.

A spokesperson for China’s Ministry of Commerce in Beijing commented on the USTR’s recommendations: “The US measures will not only fail to revitalise its shipbuilding industry but will also raise shipping costs on related routes, exacerbate its domestic inflation, reduce the global competitiveness of US goods, and hurt the interests of its port operators and dockworkers.”

In the five weeks since Trump has returned to the White House he has upended world trade with tariffs, a push for peace in Ukraine, a renewed ‘maximum pressure’ strategy on Iran, and the creation of a National Energy Dominance Council among many measures taken. For shipping, carrying out the USTR’s recommendations – a very popular move with American unions – could prove to be the most dramatic ruling yet.

“As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we might as well suspend trying to make credible forecasts of future supply-demand balance across shipping sectors. Underwhelming spot earnings render shipping sentiment downbeat while we seek greater clarity on today’s geopolitical, trade and social threats,” noted a recent report from broker Hartland Shipping.

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SeRenE and Megamas form JV to develop subsea cable vessels

Energy News Beat

Malaysia’s Semarak Renewable Energy has formed a joint venture company with Singapore-based offshore service provider Megamas Resources to develop subsea cable vessels.

The new joint venture company, to be named Semarak MIS, will develop high-tech and fuel-efficient vessels for the installation and maintenance of offshore energy cables and submarine fibre optic telecommunications cables.

According to the two companies, the collaboration supports the rapid development of the offshore wind energy sector by providing the management of the inter-array and export power cables to connect offshore wind farms to the electricity grid.

The ship was designed in collaboration with Norway’s Ulstein and will be equipped with a DP2 system and be 120 m long and 23 m wide. It will have a cargo capacity of 8,000 dwt. Operations are expected to begin in mid-2027.

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Sonangol readies suezmax orders in South Korea

Energy News Beat

Angola’s Sonangol is lining up suezmax crude tanker newbuildings in South Korea.

Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a pair of scrubbed-fitted 158,000 dwt units.

The deal, still at the letter of intent stage, is estimated to be worth about $190m, with deliveries in 2027 and 2028.

Sonangol’s current fleet numbers 17 tankers and five gas carriers, with two suezmaxes set to join the fleet from HD Hyundai Samho this year, according to VesselsValue.

Once the latest order is firmed up, the company will have ordered 10 suezmaxes at South Korean yards since late 2014.

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BlueFloat Energy founder and CEO to step down

Energy News Beat

The chief executive officer and founder of Spanish offshore wind developer BlueFloat Energy has decided to step down from his role.

BlueFloat CEO Carlos Martin Rivals revealed via social media that his time at the company has come to an end.

“After careful thinking, I’ve concluded that it is the right moment to turn the page on my role in the company I founded with the support from 547 Energy and Quantum Capital Group in 2020 and move forward to explore other opportunities,” he said on LinkedIn.

He has not revealed any timeline for his departure or what his next steps be but he has stated that he plans to keep contributing to the floating wind industry.

During his tenure, the company grew its portfolio to over 13GW of advanced projects in the UK, Australia, Italy, and Spain, including 11GW of secured exclusive seabed leases that are on track for FID by 2028-32.

Rivals also spearheaded the company’s efforts in securing over 6GW in competitive tenders, including projects in Scotland and the Gippsland Dawn project in Australia.

He was also responsible for securing EIA approval for the Winds of September project in Taiwan as well as submitting EIA for the Odra and Kailia projects in Italy.

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