Tag: Energy
Fixing Russia’s Arctic LNG Tankers: EU Shipyards in Action
**Fixing Russia's Arctic LNG Tankers: EU Shipyards in Action**In a groundbreaking collaboration, European shipyards are stepping up to help Russia fix issues with its Arctic LNG tankers. This partnership comes at a critical time...
Biden Administration Maintains Halt on LNG Permits, Energy Secretary Indicates
The Biden administration is maintaining a halt on LNG permits, as indicated by Energy Secretary Jennifer Granholm. The decision not to approve any natural gas-export permits before the end of the presidential term in...
Building Capabilities in Energy and Renewables: Bureau Veritas Acquires Versatec Energy
Bureau Veritas, a global leader in Testing, Inspection, and Certification services, recently announced its acquisition of Versatec Energy B.V., an independent technical advisory company specializing in the offshore and onshore energy industry. This acquisition...
Oil Prices Fall on Demand and Dollar Worries
Oil prices took a significant hit recently due to various factors affecting the market. The drop in prices was mainly attributed to a decrease in demand in China, a stronger US dollar, and concerns...
Doug Burgum: Donald Trump’s Pick for Energy Czar to Cut Regulations
Doug Burgum, who has been nominated by Donald Trump to serve as the Energy Czar, has expressed his commitment to cutting regulations in the energy sector. Burgum, a successful businessman and former governor of...
Replacing Russian Gas with US LNG: EU Commission President’s Proposal
European Commission President Ursula von der Leyen recently proposed a solution to reduce the EU's reliance on Russian liquefied natural gas (LNG) by importing more from the United States. In a phone call with...
OPEC+ Maintains Current Plans for Oil Production Revival
OPEC+ has decided to stick to its original plan of gradually increasing oil production by the end of the year, despite the signs of a potential surplus. The group, consisting of 23 nations led...