Rob Verdonck
@RobVerdonck
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Energy News editor @business in Sydney. Focused on LNG, gas, the energy transition and climate. All opinions are my own
Sydney
Joined October 2009
China’s fossil fuel power generation fell 4.2% y/y in November - putting it on track for its first annual drop in a decade, as renewables flood the grid to meet rising demand
bloomberg.com
China’s fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand.
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Fossil fuel and nuclear interests found common ground in Texas. Now, the alliance spans the US to the detriment of renewable energy projects
bloomberg.com
The once unlikely partnership’s influence now reaches right into the White House, where President Trump wants to ban certain renewable projects.
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Shipping dynasties are among investors offering support for modern-day sail technology that claims to slash the amount of fuel needed by vessels
bloomberg.com
Asian and Norwegian shipping dynasties are among investors offering support for modern-day sail technology that claims to have potential to slash the amount of fuel needed by vessels.
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A Russian LNG export plant delivered its first shipment to China since being sanctioned by the US in January 🇷🇺 🤝🇨🇳 🚢 The Portovaya facility on the Baltic Sea sent LNG to southern China, ship-data shows ⚠️ China only began buying blacklisted Russian gas from late-Aug.
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TTF gas may go truly global as @ICE_Markets discusses extending the trading hours of the European gas benchmark, a move that would align it with other global energy products
bloomberg.com
Intercontinental Exchange Inc. is in talks with European market participants about extending the trading hours of the region’s gas benchmark, a move that would align it with other global energy...
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A decade and $10 trillion later, what has the Paris climate deal achieved? Here are seven charts on the progress — and shortfalls.
bloomberg.com
The landmark Paris Agreement triggered a wave of climate commitments. A decade later, Bloomberg examined seven key categories to chart progress amid a new era of attacks on global warming science and...
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While energy giants largely scale back on coal, some maverick firms in Asia are buying up mothballed mines in order to make billions from the dirty fuel
bloomberg.com
Risk takers like Geo Energy are doubling down while mining giants abandon the world’s dirtiest fossil fuel.
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Several key departures at the world's biggest commodity bank has slowed oil and gas trading
bloomberg.com
At the world’s top commodities bank, oil and gas trading has slowed amid several key departures.
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Solar power’s rapid growth has Europe racing to revamp its grid to prevent a dramatic blackout https://t.co/O3FHBRTlMW via @bbgvisualdata
bloomberg.com
Solar is set to become the largest green energy source globally, the question now for Europe is whether it can revamp its grid fast enough to prevent another dramatic blackout.
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TotalEnergies needs Mozambique’s approval for a $4.5 billion increase in cost to its #LNG project before restarting construction that’s been delayed since 2021
bloomberg.com
TotalEnergies SE needs Mozambique’s approval for a $4.5 billion increase in cost to its liquefied natural gas project before restarting construction that’s been delayed since 2021 due to security...
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A billion barrels of oil (enough to meet about 10 days of global demand) has been stored at sea in a sign a long-awaited surplus is about to arrive
bloomberg.com
The best place to observe the shift taking place in global oil markets is at sea.
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Transferring #LNG from one ship to another is far trickier than for oil - but the first documented occurrence of Russian LNG transferred in waters off Malaysia appears to have occurred. https://t.co/U4sXgxLxGD
bloomberg.com
A dark tanker carrying liquefied natural gas from a US-sanctioned Russian export plant has positioned itself for a rare open-water fuel transfer off the coast of Malaysia, satellite images show, in a...
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The US will cement its role as the biggest LNG exporter 🇺🇸❤️🚢 🧊 The Golden Pass LNG project in Texas is preparing to cool key equipment, a key step ahead of startup. This comes after months of delay 🗓️ A "cooldown" shipment of LNG will arrive in Oct-Nov https://t.co/n28IxdrLkb
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Gas plants could ease a growing demand for electricity fueled by AI's energy needs — but the long wait for turbines threatens the world’s ability to keep pace https://t.co/K9iv8ZaQ0Z via @climate
bloomberg.com
Orders for turbines to power natural gas plants are vastly outpacing supply, threatening the world’s ability to keep pace with rising electricity demand.
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China keeps importing US-sanctioned Russian LNG 🇨🇳🤝🇷🇺 🚢 The sixth tanker carrying fuel from Arctic LNG 2 just arrived in China (all shipments have been to the Behai terminal) 🇺🇸 The Trump administration hasnt hit Russia or China with additional measures over these deliveries
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Pennsylvania Governor Josh Shapiro said his state will consider alternatives if America’s biggest power grid doesn’t make changes to help rein in surging energy bills
bloomberg.com
Pennsylvania Governor Josh Shapiro said his state would leave America’s biggest power grid if its operator won’t make changes to rein in surging energy bills.
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Mercuria says a former US trading head misreported 2024 gas deals, causing tens of millions in losses
bloomberg.com
Mercuria Energy Group Ltd. says a former head of one of its US natural gas trading teams misreported transactions in 2024, resulting in “tens of millions of dollars” in losses for the commodity...
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Venture capitalists in clean tech are starting to say out loud what they’ve suspected for a while: China’s dominance has left key sectors in the West uninvestable
bloomberg.com
Venture capitalists in clean tech are starting to say out loud what they’ve suspected for a while: China’s dominance has left key sectors in the West uninvestable.
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Shell is exploring the sale of its interest in the $22 billion North West Shelf #LNG export plant in Western Australia, according to people with knowledge of the matter
bloomberg.com
Shell Plc is exploring the sale of its interest in the A$34 billion ($22 billion) North West Shelf liquefied natural gas export plant in Western Australia, according to people with knowledge of the...
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A top natural gas trader is rejoining Mercuria Energy after spending only a few weeks at Vitol
bloomberg.com
Top natural gas trader Philip Sutterby is rejoining Mercuria Energy Trading SA for a third stint after spending only a few weeks at Vitol Group, people with direct knowledge of the matter said.
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