EuropeOffshore DOF DOF Norwegian offshore vessel owner DOF has landed contract extensions with Equinor for two of its long-serving platform supply vessels. The state-backed energy major has exercised options to keep the 2009-built Skandi Flora and the 2008-built Skandi Mongstad on charter for another year, with the new firm period starting in October 2025. Both […]
China’s SCO Meeting and the Power of Siberia 2 Pipeline You won’t want to miss this wild discussion of the Shanghai Cooperation Organisation (SCO) summit, and the natural gas pipeline deal between China and Russia, just approved. The Power of Siberia 2 pipeline is set to reshape global energy markets, with President Putin announcing that […]
Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Hyundai EV […]
In 2024, Chinese investments in Brazil surged to $4.18 billion across 39 projects, marking a 113% increase from the previous year and positioning Brazil as the top emerging market for Chinese capital. This influx, heavily concentrated in the energy and oil sectors, reflects Beijing’s strategic push to secure resources amid global energy transitions and geopolitical […]
The significant and growing energy demands of artificial intelligence are prompting a rapid expansion of energy production, often involving fossil fuel plants. This rush to increase energy capacity, including the reactivation of old coal plants, raises concerns about AI’s potential to undermine global decarbonization efforts. Major tech companies like Google are experiencing substantial increases in […]
In a bold op-ed published in the Wall Street Journal, U.S. Treasury Secretary Scott Bessent has issued a scathing critique of the Federal Reserve, calling for a sweeping overhaul of the central bank’s operations. Bessent, a key figure in the Trump administration’s economic team, argued that the Fed’s recent policies have fueled inflation, exacerbated wealth […]
AI isn’t just changing the way we work; it’s rewriting the energy demand curve. Every time a data center spins up to train a model or run cloud services, it pulls massive amounts of power from the grid. And the truth is, our current grid isn’t ready for how fast that demand is growing. Just […]
PSA Mumbai The prime ministers of India and Singapore gave speeches yesterday ahead of the inauguration of what will become India’s largest container terminal. With the inauguration of its phase two expansion, PSA Mumbai is poised to become India’s largest container terminal, doubling its annual handling capacity to 4.8m teu. Designed to accommodate multiple mega […]
According to a stock exchange filing, Hanwha Ocean will build the LNG carrier for an unidentified North American owner. The contract is worth 351.2 billion won ($252 million). Hanwha Ocean will deliver the newbuild LNG carrier by March 2028. The shipbuilder did not provide further information. LNG Prime was unable to determine the identity of […]
Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG to Italy’s Eni for deployment in the Republic of Congo, also known as Congo-Brazzaville. Besides buying Tango FLNG from Exmar, […]
