IMF warns of global recession risk due to energy crisis
Central banks will be forced to maintain restrictive policies to contain inflation that is proving resistant to decline.
All Joshua Falcon publications
IEA Warns of Crude Oil Supply Collapse Due to Strait of Hormuz Closure
The closure of the Strait of Hormuz reduces crude oil flow to 3.8 million barrels per day and causes a historic deficit in energy supply.
Greece Signs Contract with ExxonMobil and Energean for Gas Drilling in the Ionian Sea
The intention is clear: to transform Greece into a logistics and production hub that contributes to the diversification of energy sources across the continent.
China Huaneng Group commences operation of the Huaneng Shandong Peninsula North L Site project
With this advancement, the Shandong subsidiary and the Yantai power plant demonstrate undisputed technical authority in integrating large-scale units in abyssal zones.
Vestas and Tessa Green Energy Reactivate Strazhitsa Wind Energy with 70 MW EnVentus
Logistics are scheduled to begin in early 2027, while full operation will commence in the middle quarters of that same year.
Petrobras to Produce SAF with Honeywell’s ETJ Technology at REPLAN Refinery
This project aims to generate 10,000 barrels per day of sustainable aviation fuel.
Uniper and Evonik commission a high-temperature heat pump in Herne
The companies involved are assessing the possibility of integrating an additional 20 megawatts in the near future.
Honeywell boosts production at Rio Grande LNG with C3M technology
The C3MR process is established as the most widely used solution globally due to its proven reliability.
Phillips 66 Advances Construction of Iron Mesa Plant in the Permian Basin
The plant will provide increased flexibility to distribute natural gas liquids to logistics hubs such as Sweeny.
Solstad Maritime extends contract with Petrobras for the Normand Fortress vessel in Brazil
The Normand Fortress support vessel will be specifically dedicated to providing accommodation services, thereby facilitating production activities on Brazil’s continental shelf.
The Port of Antwerp-Bruges restores operability after the oil spill at Deurganckdock
At the Deurganck quay, berth availability increases as contaminated vessels complete their cleaning and loading protocols.
bp and NAMCOR operate three oil blocks in the Walvis Basin in Namibia
International industry interest in Namibia’s offshore resources is growing, and bp’s arrival as operator reinforces the relevance of this emerging market.