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Home2023December

Month: December 2023

Russia
Geopolitical

Russia about to become one of the world’s biggest LNG producers – Gazprom

December 3, 2023 Stu Turley

The energy giant expects production in Australia to decrease, pushing Moscow up in the rankings Russia could become the world’s third biggest producer of liquified natural gas (LNG), according to Gazprom, the country’s biggest state-run […]

foreign entity of concern
Critical Minerals

DOE redefines foreign entity of concern – EV confusing regulations just got no help

December 2, 2023 Stu Turley

The Biden administration needs help understanding the meaning of “foreign entity of concern” (FEOC) as this term relates to investing billions of taxpayer dollars into bolstering the supply chains for materials critical to electric vehicles […]

New York
Electrical Generation / Utilities

New York’s Near Zombie Apocalypse

December 2, 2023 Stu Turley

Imagine if nearly half of New York City lost heat for months during the winter. That’s not the plot of a new survival drama. Such a catastrophe nearly occurred last Christmas, according to an alarming […]

Price
Finance

The Eyepopping Factory Construction Boom in the US

December 2, 2023 Stu Turley

The supply-chain catastrophe in 2020-2021, the edgy US-China relationship, and the scary dependence on China triggered a big corporate rethink. By Wolf Richter for WOLF STREET. In October, $18.5 billion were plowed into construction of manufacturing plants in […]

US
Climate Crisis

US commits to shutting down its coal plants during COP28 – US Consumers Thrown Out With The Bath Water

December 2, 2023 Stu Turley

ENB Pub Note: Make no mistakes; The Biden Administration has absolutely committed to blackouts and not taking care of the U.S. Citizens. China has increased it’s carbon footprint 220% while the US lowered theirs 20% […]

Fifty oil and gas companies
Big Oil Companies

Fifty oil and gas companies make pledges on methane and carbon dioxide

December 2, 2023 Stu Turley

Fifty oil and gas companies, representing more than 40 per cent of global oil production, made pledges on methane and carbon dioxide at the Cop28 climate conference on Saturday. The companies, of which 60 per […]

Oil revenues
Crude Oil News

Oil revenues send Alberta’s budget surplus soaring

December 2, 2023 Stu Turley

Oil Price Revenues from the oil industry have pushed Alberta’s projected budget surplus for this year to twice as high as initially expected, at $4.1 billion, or C$5.5 billion. In addition to revenue from oil royalties, the […]

Occidental jet
Big Oil Companies

Occidental jet visits Warren Buffett’s hometown amidst potential $10 billion shale deal

December 2, 2023 Stu Turley

World Oil (Bloomberg) – Occidental Petroleum Corp.’s private jet touched down in Omaha this week, home to its biggest investor Warren Buffett, as Chief Executive Officer Vicki Hollub considers a shale oil deal worth at […]

fund
Climate Crisis

Reparations fund ‘historic’, but real fight begins now: Climate campaigners

December 2, 2023 Stu Turley

The launch of a ‘loss and damage’ fund on Thursday at the start of the United Nations COP28 summit marks a landmark moment but is only the first in a series of necessary steps in […]

Gretchen Whitmer
Climate Crisis

Gretchen Whitmer Signs One Of The Nation’s Most Extreme Green Energy Mandates

December 2, 2023 Stu Turley

Michigan Governor Gretchen Whitmer signed Democrat-proposed energy bills, implementing some of the strictest energy mandates in the country. The plan requires utility providers to transition to completely carbon-free energy generation by 2040, with specific targets set for 2030 […]

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