Monday, December 23, 2024

Road News

In 2025, the global diesel price will be supported by refinery closures

Analysts and traders said that the global diesel market would likely see a price boost in 2025 due to the closing of around 1% of the refining capacity. This will offset the current…

US solar industry's strategy for Trump's era downplays climate

The U.S. Solar Industry unveiled their lobbying strategy on Thursday for the incoming Trump Administration. They promoted themselves as a domestic employment engine that could help meet soaring demand for power…

Indonesia talks nuclear technology with US and Russia

A deputy minister of the Indonesian government said on Friday that Indonesia has been in discussions with the United States about developing nuclear power plants. Vivi Yulaswati…

Japan and Peru agree to cooperate in mineral mining technologies - Nikkei

Nikkei, a Japanese business daily, reported on Saturday that the leaders of Japan will sign a statement on cooperation on mineral mining technology later this month. The aim is…

Vitol: China remains the main driver of global oil demand despite energy transformation

The global head of Vitol’s research department said that China will continue to play a major role in the global oil market because it is focused on petrochemicals, even though fuel…

US unveils first of two decisions regarding solar tariffs

The U.S. Trade officials may this week impose new tariffs against solar panels imported from four Southeast Asian countries. American manufacturers claim that these nations provide unfair subsidies, which make U.S.

China will continue to implement low-carbon reforms according to the energy regulator

The energy regulator in China said that China would continue to phase out fossil fuels, and reform its electricity system. It issued a paper on Thursday listing achievements, but…

Official from RPT-Argentina says that lithium and copper will drive metal exports up to $10 billion by 2027

Luis Lucero, Argentina's Mining Secretary, said that the country's mining exports would more than double in 2027 to $10 billion from $4 billion. This is due to a slew of new lithium…

Deese, a Harris advisor, calls for a Marshall Plan on clean energies

Brian Deese is an adviser to Vice President Kamala's presidential campaign. He called for a program that would lend money to allies to purchase green energy technologies in the…

Goldman Sachs says that Brent is likely to be hit by a softening of demand in China.

Goldman Sachs said on Tuesday that it expects Brent crude to drop to $68 a barrel by the end of 2025, if China's oil demand stays flat until next year. Brent futures traded around $77 a bar by 11:46 a.m.

Trafigura-Entara Consortium to Buy French Refinery

(Photo: Trafigura)

Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, has agreed with ExxonMobil's ESSO SAF to buy the Fos-sur-Mer refinery and Toulouse and Villette-de-Vienne…

US Harbor Craft: Measuring Opportunity for Zero Emissions

© sheilaf2002 / Adobe Stock

There are more than 4,000 harbor craft vessels in the U.S. deemed highly suited for zero-emissions operations, according to a recent report produced by CALSTART in partnership with Intelatus…

deugro Completes Heavy Lift Move for FPSO Project in China

Roll-on operation of CO2 Removal System of 15.8 X 13.2 X 17.2 meters at COSCO Shipyard Qidong, China. Image courtesy deugro

deugro reports that it has delivered a 15.8 x 13.2 x 17.2-m, 392-metric ton CO2 removal system from Rizhao to the COSCO Shipyard Qidong, China.The journey began in Rizhao, China…

Pakistan and China Sign $4.8 Billion Nuclear Power Plant Deal

© Oleksii / Adobe Stock

Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country that…

SLB Launches Cement-free System to Cut CO2 Footprint of Well Construction

©SLB

Oilfield services giant SLB, until recently known as Schlumberger,  on Monday introduced the EcoShield geopolymer cement-free system that it says minimizes the CO2 footprint of…

Planning Starts on Series of 10 Ammonia Fueled Bulk Carriers

Bulk carrier CMB powered by ammonia.  Image courtesy WinGD/CMB.TECH

WinGD and CMB.TECH announced plans to collaborate on a fleet of ammonia fuelled bulk carriers. The pair signed an agreement on the development of ammonia-fuelled two-stroke engines…

Molten Salt Reactors: Maritime’s Nuclear Option

Multipurpose: an illustration of Ulstein International’s nuclear-powered Thor showing its ship-to-ship resupply boom and passenger transfer, and below a close-up of a replenishment operation. Image courtesy Ulstein International

A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade.

The Port Logistics Challenges of Offshore Wind

Photo: Elaine Maslin

Some equations just don’t add up. For example, storing 500 offshore wind turbine blades at a site with only space for 400 (and that’s only if you don’t store the other key elements required to build a full turbine).

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

Credit: Trafigura

Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil…

Yesterday’s or Tomorrow’s Offshore Energy: Which to Pick?

Copyright Inna/AdobeStock

Looking back, it is easy to wonder if one could have done better by taking the other fork in the road. I grew up in Holland in a maritime family and am pretty sure I would have stuck with maritime there.