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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
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@RobVerdonck
Rob Verdonck
9 hours
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
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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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@RobVerdonck
Rob Verdonck
6 days
Fossil fuel and nuclear interests found common ground in Texas. Now, the alliance spans the US to the detriment of renewable energy projects
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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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@RobVerdonck
Rob Verdonck
6 days
Shipping dynasties are among investors offering support for modern-day sail technology that claims to slash the amount of fuel needed by vessels
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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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@SStapczynski
Stephen Stapczynski
7 days
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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@RobVerdonck
Rob Verdonck
7 days
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
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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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@RobVerdonck
Rob Verdonck
1 month
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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@RobVerdonck
Rob Verdonck
1 month
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
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bloomberg.com
Risk takers like Geo Energy are doubling down while mining giants abandon the world’s dirtiest fossil fuel.
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@RobVerdonck
Rob Verdonck
1 month
Several key departures at the world's biggest commodity bank has slowed oil and gas trading
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bloomberg.com
At the world’s top commodities bank, oil and gas trading has slowed amid several key departures.
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@RobVerdonck
Rob Verdonck
2 months
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
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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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@RobVerdonck
Rob Verdonck
2 months
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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@RobVerdonck
Rob Verdonck
2 months
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
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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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@SStapczynski
Stephen Stapczynski
2 months
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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@RobVerdonck
Rob Verdonck
2 months
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
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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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@SStapczynski
Stephen Stapczynski
3 months
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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@RobVerdonck
Rob Verdonck
3 months
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
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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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@RobVerdonck
Rob Verdonck
3 months
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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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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@RobVerdonck
Rob Verdonck
3 months
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
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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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