Energy News Beat U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minister, Pavel Sorokin, said on Tuesday. Indian refiners are scrambling for alternatives after the U.S. sanctions designated hundreds of tankers, as well as oil traders, last month. Since the Russian invasion of […]
Energy News Beat BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust. “Building on the actions taken in the past 12 months, we now plan to fundamentally reset our strategy […]
Energy News Beat ENB Pub Note: This is the third article in a series from George McMillan about the Ukraine/Russia conflict and a potential end with Keith Kellogg’s plan, which is DOA. There are many reasons, but one critical reason is the stripped information on the Biden-Harris administration on land vs. sea power and energy. […]
Energy News Beat Hanwha Ocean South Korean shipbuilder Hanwha Ocean has signed contracts to build two LNG carriers for its affiliate Hanwha Shipping. The Okpo-based yard formerly Daewoo Shipbuilding & Marine Engineering (DSME) is scheduled to deliver the vessels by the end of September 2027. Hanwha Shipping was formally launched by Hanwha Ocean in April […]
Energy News Beat Kiev resells up to half of Western military aid on black markets, the American journalist has claimed A significant portion of the weapons Washington has provided to Kiev as military aid in its conflict with Russia is ending up in the hands of America’s “actual enemies,” including Mexican drug cartels, US journalist […]
Energy News Beat MADRID – The complex global geopolitical context following the return to power of US President Donald Trump calls for “a more ambitious and bolder European budget” of “at least” 2% of annual GDP, Pedro Sánchez’s government said in a statement on Monday. Pedro Sánchez’s governing coalition (PSOE/S&D, Sumar) has drawn up […]
Energy News Beat Hilong announced in a statement last month that its offshore engineering unit secured the offshore platform transportation and installation contract for the second phase of Eni’s Congo LNG project. According to the group, the contract is worth more than 400 million yuan ($54.7 million). The contract value is expected to be more […]
Energy News Beat A consortium led by Elon Musk announced Monday that it has offered €94.5 billion ($97.4 billion) to acquire the nonprofit overseeing OpenAI, marking the latest move in the billionaire’s efforts to prevent the AI startup from shifting to a for-profit model. Musk’s bid is expected to escalate ongoing tensions with OpenAI CEO Sam Altman over […]
Energy News Beat Daily Standup Top Stories Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero February 10, 2025 Mariel Alumit The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive the Islamic Republic’s oil exports to zero, Iran’s […]
Energy News Beat AfricaPiracy Shipping has been warned that Somali pirates are back hunting for targets. British maritime security consultants Ambrey has issued a notice to clients detailing a suspected pirate action group sighted departing Marreya, Eyl, to the northeast of Somalia. Merchant vessels are advised to increase vigilance, and to engage armed security where […]
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