The Polar Max project reached an important milestone as Davie and ALMACO officially marked the start of construction with a project kickoff ceremony at Davie’s shipyard in Lévis, Québec. The event signaled the formal transition from planning and design into full execution for one of Canada’s most significant shipbuilding programs under the National Shipbuilding Strategy.
France set out a new energy law after years of wrangling on Thursday which slashes its wind and solar power targets and drops a mandate for state-run firm EDF to shutter nuclear plants."We need to stop our internal family squabbling. We need both nuclear and renewables," finance minister Roland Lescure told reporters.
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back.Bernard Fontana said the company was considering selling "between 50% and 100%" of its U.S.
Gulf Arab states did not ask the U.S. to go to war with Iran, but many are now urging it not to stop short by leaving the Islamic Republic still able to threaten the Gulf’s oil lifeline and the economies that depend on it, three Gulf sources told Reuters.At the same time, these sources and five Western and Arab diplomats said Washington was pressing Gulf states to join the U.S.-Israeli war.
XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is aiming to have a gas and LNG business with a capacity of between 20 million and 25 million metric tons a year by 2035, the company said in a statement on Tuesday.XRG was set up last year as an investment company focused on lower-carbon energy, gas and chemicals, with assets of more than $80 billion.
PALFINGER MARINE will deliver eight Stiff Boom Cranes PS 15500M for four inland navigation vessels to the Brazilian shipyard Estaleiro Rio Maguari (ERM). This contributes to the optimization of inland navigation in Latin America (LATAM) along the Paraguay-Paraná waterway. The cooperation between PALFINGER MARINE and ERM is part of a large-scale inland waterway transport project led by LHG