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Home2023September

Month: September 2023

Finance

Macleod: The End Of The Road For The Dollar

September 30, 2023 Mariel Alumit

Authored by Alasdair Macleod, With the Asian hegemons undoubtedly able to introduce gold standards, where does that leave the dollar? This article describes just how precarious the fiat dollar’s position has become. For now, the […]

Jobs

These Are The Most Sought-After Entry Level Jobs In 2023

September 30, 2023 Mariel Alumit

In the fast-paced realm of job hunting, staying ahead of the curve is crucial. And if you are an entry-level job applicant, the pressure is a notch higher. New entrants in any job market today […]

Finance

With a US government shutdown imminent, what happens to the economy?

September 29, 2023 Mariel Alumit

It is probably no surprise that Republican infighting scuttled a stopgap measure on Friday in the House of Representatives, designed to avert a government shutdown on September 30. That is the deadline to approve new […]

Energy
Crude Oil News

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

September 29, 2023 Mariel Alumit

(WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). […]

Biden
Big Oil Companies

Biden Said He Would Stop Drilling. Then Reality Hit.

September 29, 2023 Mariel Alumit

Tens of thousands of climate protesters who filled Midtown Manhattan last week directed their anger at President Biden, who has done more to combat climate change than any of his predecessors. But in their view, […]

Germany
Imports

Germany Seeks to Lock In LNG Deals to Avoid Cargo Diversions

September 29, 2023 Mariel Alumit

Half of capacity in October auction has delivery obligation Companies keen to avoid destination requirement for cargoes Germany wants to lock in contracts for liquefied natural gas with a delivery obligation, an effort to deter […]

Oil
Crude Oil News

Oil Is Near $100. Shale Isn’t Coming to the Rescue.

September 29, 2023 Mariel Alumit

U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]

Billion
Electric Vehicles

VW Scraps Plan for New €2 Billion EV Factory in Germany

September 29, 2023 Mariel Alumit

Wolfsburg plant will produce all-electric Golf model Documents show allocation of production in strategic plan Volkswagen AG is shelving a plan to build a €2 billion ($2.1 billion) factory for an important new electric-car project dubbed […]

offshore
Offshore

Jersey Shore mobilises against offshore wind power

September 29, 2023 Mariel Alumit

Soaring costs, high interest rates and clogged supply chains have buffeted the offshore wind power industry as it tries to expand from Europe to the US east coast. Add to these another obstacle: increasingly vocal […]

Europe
Coal

Big European insurers ‘underwrite 30% of US coal despite net zero pledges’

September 29, 2023 Mariel Alumit

Lloyd’s of London and other big European insurers are underwriting almost a third of US coal production despite their net zero pledges, according to research, with the Lloyd’s insurance market emerging as the second-biggest player. […]

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