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Home2023July

Month: July 2023

Cargo
Electric Vehicles

Burning EV Suspected To Be Source Of Ongoing Fire On Cargo Ship Carrying 3,000 Cars

July 26, 2023 Mariel Alumit

A deadly blaze on a cargo ship carrying nearly 3,000 cars from Germany resulted in the loss of one crew member’s life and forcing others to jump into the sea. According to a spokesperson for […]

Oil
Crude Oil News

Goldman Sachs Sees Oil Prices Rising On Record Demand

July 26, 2023 Mariel Alumit

Oil prices are set to rise to $86 per barrel at year-end, from $80 now, as record-high oil demand and lowered supply will lead to a large market deficit. “We expect pretty sizable deficits in […]

California
Crude Oil News

California new oil well approvals have nearly ground to a halt

July 26, 2023 Mariel Alumit

July 13 (Reuters) – California, the seventh-biggest U.S. crude oil producer, has put a near halt on issuing permits for new drilling this year, according to state data. The state’s Geologic Energy Management Division, known […]

Recoverable
Crude Oil News

Where Do Total Recoverable Oil Reserves Stand?

July 26, 2023 Mariel Alumit

In a statement sent to Rigzone recently, Rystad Energy revealed that, according to its research, total global recoverable oil reserves now stand at 1.624 trillion barrels. Rystad highlighted in the statement that, since the company’s […]

Eni
Big Oil Companies

Eni “fast tracks” Indonesian natural gas development with Chevron acquisition

July 26, 2023 Mariel Alumit

(WO) – Eni announced the acquisition of Chevron interests, including operatorship, in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore […]

Price
EIA News

Texas power grid met record-breaking demand for electricity during recent heat wave

July 26, 2023 Mariel Alumit

July 26, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor Note: Values shown are the maximum hourly reported demand for the day, which may differ from an instantaneous peak in demand. An […]

EnergyNews

It’s cheaper to cut down trees than build solar on rooftops. Can Massachusetts change that?

July 26, 2023 Mariel Alumit

​ Massachusetts solar developers are routinely choosing to clear trees and other green space for commercial projects rather than build on vacant rooftops, according to state data. As of July, building-mounted installations made up less […]

BRICS

Escobar: BRICS Problems, BRI Solutions

July 26, 2023 Mariel Alumit

Authored by Pepe Escobar via The Cradle, While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply… […]

ENB Daily Standup

Daily Energy Standup Episode #173 – Global Energy Chess: China’s Coal Gamble, Biden’s Rare Earth Dilemma, and Russia’s Oil Triumph – Nigeria’s Oil Boom Signals More Investments

July 26, 2023 Andy Del Prado

Daily Standup Top Stories China Leans On Coal As Hydropower Slumps July 25, 2023 Mariel Alumit Despite massive investments in renewable energy, China is turning to coal to cope with increasing power demand caused by a […]

Critical Minerals

US Allies On Alert After Lithium-Rich Bolivia Inks Defense Deal With Iran

July 26, 2023 Mariel Alumit

Via The Cradle, Members of Bolivia’s far-right opposition and the Argentinian government are demanding that La Paz disclose the details of a memorandum of understanding (MoU) on defense and security affairs signed between Defense Ministers […]

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