Two Oceans, Two Markets: America Buys Out Leases. Europe Builds Islands.
The picture is split. In the United States, policy risk is still the story: California is moving against the Trump administration and RWE over cancelled Humboldt/Canopy-type floating leases, and Dominion’s Coastal Virginia farm is generating while the bill and the calendar keep stretching. In Europe and Asia the week is about steel, cables and standardization […]
The hub under pressure When Hormuz Tightens, Asia Still Clears Through Singapore
Oil is back above $100. Traders are in town for APPEC. Singapore’s message this week is not “we have more barrels.” It is “we have the pipes, tanks, ships, insurers and desks that let barrels move when the usual route does not. ”Deck: Hormuz flows collapsed earlier this year. The city-state is selling optionality — storage, bunkers, […]