Geopolitical
America’s Institutional Crisis
In my latest book, “The Storm Before the Calm,” I predicted that the U.S. would go through a massive social crisis in the 2020s. That prediction has obviously come to pass. I also forecast that […]
Month: September 2022
International News
UK government must at least double wind turbine installation rate to meet goal, trade group says
The UK’s new government must double or even triple the rate of offshore wind turbine installations to meet its target of a four-fold increase in offshore renewable energy by 2030, according to a new report. […]
Finance
ExxonMobil to Sell Its Share of Aera Energy Joint Venture
IRVING, Texas, Sep. 01 /BusinessWire/ — ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV. […]
Finance
Sitio Royalties and Brigham Minerals to Combine in $4.8 Billion All-Stock, At-Market Merger, Forming a Premier Consolidator of Oil and Gas Mineral and Royalty Interests
DENVER & AUSTIN, Texas, Sep. 06 /BusinessWire/ — Sitio Royalties Corp. (NYSE:STR) (“Sitio”, “STR” or the “Company”) and Brigham Minerals, Inc. (NYSE:MNRL) (“Brigham Minerals”, “MNRL” or “Brigham”) today announced that they have entered into a […]
International News
Maritime insurance premium, claims norms to change on energy transition: sources
Parameters and criteria for providing maritime insurance will change in the coming years, as the shipping industry moves towards decarbonization and as regulations on reducing emissions become mandatory, several executives involved in the process told […]
Commodities
China Energy Profile: World’s Largest Energy Consumer To See Increase In Demand – Analysis
China is the world’s most populous country (1.4 billion people in 2020) and has a fast-growing economy. It was the largest energy consumer and producer in the world in 2020.1 We expect that China’s energy demand […]
Climate Crisis
The impact of droughts on the energy mix
When thinking about the impact of droughts on economic activity, the agricultural sector is the first that comes to our mind. This sector is indeed highly sensitive to weather variability, with the fall in crop […]
Climate Crisis
Burning forests for energy isn’t ‘renewable’ – now the EU must admit it Greta Thunberg and others
Next week the future of many of the world’s forests will be decided when members of the European parliament vote on a revised EU renewable energy directive. If the parliament fails to change the EU’s […]
Crude Oil News
Column: OPEC+ seems to want $90 crude oil. It may end up defending $50: Russell
LAUNCESTON, Australia, Sept 6 (Reuters) – It’s tempting to dismiss the decision by the OPEC+ group to cut crude oil production by 100,000 barrels per day (bpd) in October as a statistical insignificance that will […]
Finance
Third German energy relief package introduces power price brake, windfall taxes, and freezes CO2-price
With its third energy cost relief package since the start of Russia’s war on Ukraine, the German government hopes to alleviate concerns over skyrocketing prices for heating and electricity in the coming winter. The large […]