Energy News Beat HomeRussia & FSU The Russian leader spoke on a variety of burning topics in the much-anticipated interview, focusing on the Ukraine conflict Conservative American journalist Tucker Carlson has released a much-anticipated interview that he conducted with Russian President Vladimir Putin in the Kremlin on Tuesday. The interview mainly centered on the […]
Energy News Beat Norway’s Eidesvik Offshore has secured a contract extension for one of its LNG-powered PSVs. According to a statement by Eidesvik, compatriot energy firm Aker BP has declared an option to extend the contract for the supply vessel Viking Lady. The contract extension runs from February 2025 in direct continuation of the current […]
Energy News Beat LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $28,400 per day in January. Tor Olav Trøim’s Himalaya said in a commercial update that the company’s six vessels trading on a fixed time charter earned $28,600 per day, gross, including average daily scrubber and LNG benefits on five […]
Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose for the first time since mid-November 2023, while European prices decreased this week compared to the week before. Last week, the Atlantic rate dropped 1 percent week-on-week to $52,750 per day and the Pacific rate decreased 3 percent to […]
Energy News Beat Credit cards are the dominant payment method, from reimbursed business travel to ecommerce and bar tabs. And some people use them to borrow. By Wolf Richter for WOLF STREET. Credit cards are a measure of spending, not a measure of borrowing; they’re the dominant consumer payments method in the US, having largely replaced checks and […]
Energy News Beat Japan’s power firm and LNG trader, Jera, has signed a memorandum of understanding with a unit of Indonesia’s state power company PLN to collaborate on liquefied natural gas procurement. Besides LNG procurement and optimization, the MoU with PLN Energi Primer Indonesia (PLN EPI) provides for collaboration in the development and operation of […]
Energy News Beat Republican hopeful Nikki Haley has claimed New Delhi is close to Moscow as it views the Biden White House as weak India has fostered close ties with Russia as it views the Biden White House as weak and does not trust it as a leader, US presidential candidate Nikki Haley, who is […]
Energy News Beat Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high within the next ten years, the Congressional Budget Office (CBO) warned in its latest Budget and Economic […]
Energy News Beat Norwegian shipping firm Flex LNG, the owner of 13 liquefied natural gas carriers, reported higher revenue and lower net income in 2023. The shipping firm controlled by billionaire John Fredriksen said on Wednesday that vessel operating revenues were $371 million for the January-December period, a rise of $23.1 million compared to $347.9 […]
Energy News Beat Call it a $1 billion mistake. BP said Tuesday it wrote down the value of its U.S. offshore wind business by $1.1 billion last year, cementing a strategic shift for the British petroleum giant as it increases oil and gas production while recalibrating its efforts to generate clean electricity from ocean turbines. […]
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