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5 days ago | 
energynewsbeat.co | Stu Turley
Despite the rumors during bond turmoil, foreigners kept buying Treasuries and the “basis trade” didn’t blow, but the “swap spread trade” made a mess. By Wolf Richter for WOLF STREET.
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6 days ago | 
energynewsbeat.co | Stu Turley
ENB Pub Note: This article from the NY Post has some interesting cost formulas. While I have said that the more money invested in “renewable” wind, solar, and hydrogen will result in more fossil fuels being used. One of the guests on the Energy News Beat podcast called that “Turley’s Law.” This article makes some excellent points about the consumer level of costs.
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6 days ago | 
energynewsbeat.co | Stu Turley
ENB Pub Note: This article from Paul Driessen is excellent and covers much of what we discuss on the podcast Energy Realities or Conversations in Energy with Stu Turley. I will reach out to him and get him scheduled on the podcast soon. Net Zero and Green energy policies are a path to deindustrialization and fiscal collapse. The “renewable” wind, solar, and hydrogen are not renewable or sustainable.
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6 days ago | 
energynewsbeat.co | Stu Turley
The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to Donald Trump, amid the current government’s determination to bolster American maritime.
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6 days ago | 
energynewsbeat.co | Stu Turley
Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two this year and a total of ten by 2029. The remaining 58 will be removed after that. This is according to a statement made by Petrobras’ general manager of decommissioning projects, Carlos Castilho.
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6 days ago | 
energynewsbeat.co | Stu Turley
Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL enters Fengmiao I as co-owner alongside CIP’s fifth flagship fund, CI V. Fengmiao I is CIP’s third offshore wind project in Taiwan and is located off the coast of Taichung County.
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6 days ago | 
energynewsbeat.co | Stu Turley
The UK is set to impose a new wave of sanctions against the Russian oil trade, targeting up to 100 more ships. The biggest sanctions package against Russia’s shadow fleet should bring the total number of oil tankers blacklisted by the UK to more than 230. Announcing the latest move, Britain said the ships being targeted had transported more than $24bn worth of Russian oil and oil products since the start of 2024, with some also involved in damaging cables and pipelines in the Baltic Sea.
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6 days ago | 
energynewsbeat.co | Stu Turley
Okeanis Eco Tankers is pulling its three youngest VLCC vessels out of Chinese leases. The New York and Oslo-listed Alafouzos family vehicle, with a fleet of six suezmaxes and eight VLCCs, has declared purchase options on the 2020-built Nissos Anafi and the 2022-built Nissos Kea and Nissos Nikouria.
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6 days ago | 
energynewsbeat.co | Stu Turley
Low-hanging fruit and the ramifications of what was agreed at last month’s Marine Environment Protection Committee (MEPC) gathering at the International Maritime Organization formed much of the discussion during the Dry Decarbonisation panel moderated by Lloyd’s Register’s Nikos Kakalis at last week’s Geneva Dry summit.
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6 days ago | 
energynewsbeat.co | Stu Turley
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