Category: Energy News Beat

New report highlights shipping’s weak position within the global energy transition

Energy News Beat A new report from UCL’s Energy Institute Shipping and Oceans Research Group assesses the financial risks to the shipping industry from stranded assets due to stricter greenhouse gas regulations, possibly due for adoption at the International Maritime Organization (IMO) this year, in combination with the ongoing global transition to a low-carbon energy […]

CMA CGM inks 2025’s largest ship orders to date

Energy News Beat France’s CMA CGM is being widely tipped as the European owner mentioned in a release today by HD Hyundai Heavy Industries behind the biggest ship orders in the year to date. Splash understands CMA CGM has contracted the Korean shipyard to build twelve 18,000 teu LNG dual-fuel containerships valued at KRW3.716trn ($2.58bn). […]

Germany’s central bank pushes for a U-turn on debt rules

Energy News Beat   BERLIN – Germany’s usually hawkish central bank President, Joachim Nagel, is getting more serious about reforming the country’s constitutional deficit rule, pushing beyond technical changes.  Germany’s strict rule for new borrowing, enshrined in the constitution, has been a major political point of controversy over the last few years. The rule, known […]

BlackRock boss predicts $700,000 Bitcoin

Energy News Beat   Larry Fink says there is momentum towards the institutional adoption of the crypto currency Bitcoin could reach an astonishing $700,000 if institutional investors allocate between 2% and 5% of their portfolios to the cryptocurrency, Larry Fink, the head of BlackRock, the world’s largest asset management firm, has predicted. The digital coin […]

Russia to open three more embassies in Africa

Energy News Beat   The Foreign Ministry has confirmed plans to expand its diplomatic presence in Niger, Sierra Leone, and South Sudan Moscow is set to expand its diplomatic presence in Africa with the establishment of embassies in Niger, Sierra Leone, and South Sudan, Russian Foreign Ministry spokeswoman Maria Zakharova announced during a briefing on […]

Trump’s return to power: Revolution or repeat?

Energy News Beat Donald Trump has returned to the White House as President of the United States. A new chapter in history begins and the world is bracing for another four years of his signature unpredictability. But what can we expect this time around? In 2017, the billionaire entered the presidency as a political outsider, […]

Biden had ‘very bad’ advisers – Trump

Energy News Beat The US president has said his predecessor was misled by his aides, particularly on issues such as Ukraine and Israel The incompetence of former US President Joe Biden’s advisers was one of the reasons why the situations around Ukraine and Israel escalated, Donald Trump has claimed in an interview with Fox News […]

Politico names first foreign destination of US secretary of state

Energy News Beat   Marco Rubio’s upcoming trip to Panama reportedly comes as President Trump has threatened to reclaim the canal Marco Rubio is set to visit Panama on his first international trip as US secretary of state, according to Politico. The visit could come as early as next week and follows President Donald Trump’s […]

Italy-ICC row casts doubt on Meloni’s ‘war on traffickers’

Energy News Beat   Italy’s release of ICC-indicted Libyan warlord Ossama al-Masri has sparked backlash from opposition and civil society, who accuse Meloni of hypocrisy for pledging to uphold the rule of law and fight global human trafficking. Last weekend, Ossama al-Masri, who faces an ICC arrest warrant for war crimes and crimes against humanity […]

Google sold AI tools to IDF after Hamas attack – WaPo

Energy News Beat The US tech giant has reportedly been rushing to provide the tech to beat out its competitor Amazon Google has worked with the Israeli military since the early weeks of the Gaza war, competing with rival Amazon to provide artificial intelligence services, according to company documents obtained by the Washington Post. The […]