Author: Stu

Golden Pass gets OK to place MP 33 compressor station in service

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, has secured approval from the US FERC to place into service its MP 33 compressor station, as it continues to move forward with commissioning activities at its three-train LNG plant in Texas. According to a FERC order dated September 5, the regulator […]

HSBC warns COSCO and OOCL face $2.1bn hit from looming US port fees

Cosco The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from HSBC. The US Trade Representative (USTR) is due to impose port fees from October 14, though the final rules […]

Japan’s Financial Crisis and Its Impact on Energy Imports

Japan, the world’s fourth-largest economy as of mid-2025, is grappling with a confluence of economic pressures that threaten its stability and energy security. From sluggish growth and surging bond yields to demographic decline and political upheaval, these challenges are amplifying the nation’s heavy reliance on imported energy. As a net importer of over 90% of […]

China-Russia Pipeline: A Game-Changer Set to Displace One-Third of China’s LNG Imports

In a move that underscores the deepening energy ties between Beijing and Moscow, Russia and China have signed a legally binding memorandum for the Power of Siberia 2 pipeline. This ambitious project, routed through Mongolia, promises to deliver 50 billion cubic meters (bcm) of natural gas annually from Russia’s western Siberian fields to China, effectively […]

Wallenius Wilhelmsen wins $100m deal in Australia

EuropeOperations Swedish Australian Chamber of Commerce Swedish Australian Chamber of Commerce Wallenius Wilhelmsen has clinched a major logistics contract in Australia with a leading automotive manufacturer, expected to bring in revenues of more than $100m. The Oslo-listed roro and logistics group will provide vehicle processing services across Melbourne, Brisbane and Perth under a three-plus-one-year deal. […]

DOF bags Equinor PSV extensions

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

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 […]

Recycled Nuclear Fuel Coming to a Plant Near You Soon

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 […]

Why is China Pouring Billions into Brazil’s Energy and Oil

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 Energy Monster AI Is Creating

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 […]