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Home2023January

Month: January 2023

Ørsted
Renewables Not Sustainable

Ørsted takes FID on 471MW Mockingbird Solar Center in Texas

January 17, 2023 Mariel Alumit

Danish power company Ørsted has reached a final investment decision (FID) on the Mockingbird Solar Center, a 471MW AC solar power project in Texas, US. To be located in Lamar County, the Mockingbird solar photovoltaic […]

Oil
Crude Oil News

Will Oil Continue To See Extreme Volatility?

January 17, 2023 Mariel Alumit

The majority of polled analysts by Reuters expect oil to trade around $90 per barrel this year. WSJ: China’s economic recovery and U.S. shale growth are the two main drivers of volatility this year. Fears […]

ESG
Rare Earth Minerals

Mining’s top ten ‘S’ trends in ESG for 2023

January 17, 2023 Mariel Alumit

​To say 2022 was tumultuous is an understatement. War, inflation, climate disasters, market volatility: the past year was anything but business as usual for most. ESG, which had seemed firmly embedded in business, began to […]

Russian
Zero Edge

The UK Loophole That Keeps Russian Oil Coming In

January 17, 2023 Mariel Alumit

Authored by Alex Kimani via OilPrice.com, British buyers are indirectly buying Russian crude refined by Indian refineries. High diesel prices in Europe and cheap Russian crude offer a window of opportunity for Indian refiners. Kpler: […]

Stocks
Finance

Stocks Spike On Report ECB To Slow Hikes After February

January 17, 2023 Mariel Alumit

US stocks spiked, with spoos rising above both the closely watched 200DMA and the descending channel resistance level, after Bloomberg reported that echoing the Fed, the ECB is also “starting to consider a slower pace […]

Africa
Energy Transition

S Africa plans new law to hasten energy projects amid power cuts

January 17, 2023 Mariel Alumit

NewsEnergy South Africa is developing new legislation to speed up energy projects to add generating capacity and help end power cuts, a presentation seen by Reuters on Tuesday from the country’s energy crisis committee, showed. […]

commercial
EIA News

U.S. commercial buildings consumed more fuel for space heating than anything else in 2018

January 17, 2023 Mariel Alumit

January 17, 2023Data source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey Note: Btu = British thermal units In 2018, nearly one-third (32%) of the energy consumed by commercial buildings in the United States […]

OPEC
Zero Edge

OPEC Is “Cautiously Optimistic” About Global Oil Demand In 2023

January 17, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, OPEC Secretary General Haitham Al-Ghais has said that the group is cautiously optimistic about oil demand as China opens up again. The group believes that a stronger demand outlook […]

energy
Energy Storage

How abandoned mines can become clean energy storage systems

January 17, 2023 Mariel Alumit

​An international team of researchers has developed a novel way to store energy by transporting sand into abandoned underground mines. The new technique, called Underground Gravity Energy Storage (UGES), proposes an effective long-term energy storage […]

Inflation
Finance

Asking Markets About The Inflation Outlook Is Like Asking Toddlers What They Think Is Going To Be For Dinner

January 17, 2023 Mariel Alumit

By Michael Every of Rabobank Yesterday was quiet due to the Martin Luther King Day holiday in the US. The trading that took place mostly saw bond yields and equities drift a little higher, neither […]

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