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Home2024February

Month: February 2024

OPEC+
Crude Oil News

Iraq, Kazakhstan pledge OPEC+ compliance after exceeding January 2024 production targets

February 17, 2024 Stu Turley

(Bloomberg) – Iraq and Kazakhstan pledged compliance with new OPEC+ oil targets after failing to fully cut production as promised last month. The Organization of the Petroleum Exporting Countries in Vienna, Austria. (Photographer: Andrey Rudakov/Bloomberg) […]

ExxonMobil
Big Oil Companies

ExxonMobil Dismisses Court Bid to Truck Oil in Santa Barbara

February 17, 2024 Stu Turley

ExxonMobil is abandoning its legal challenge against Santa Barbara county, effectively ending the company’s proposal to transport truckloads of oil up and down the coast, and halting its plan to revive three shutdown drilling platforms […]

Electrodialysis
Rare Earth Minerals

Electrodialysis technology to extract lithium from thermal sources gets award

February 17, 2024 Stu Turley

  The Texas Academies of Medicine, Engineering, Science and Technology (TAMEST) granted $500,000 in prize funds to support a joint research effort by Houston-based Alma Energy and the University of Texas El Paso to extract […]

ENB Podcast

ENB #190 Fusion and Fission: Charting a Sustainable Energy Future – Live at NAPE

February 17, 2024 Stu Turley

I had an absolute blast at NAPE with David Blackmon, Rey Trevino, Michael Tanner, and our guest podcast hosts Jay Young and Keith Stelter. This interview is one of my favorite, fun, episodes talking about […]

Big Oil Companies

BlackRock invests $550M in world’s largest direct air capture plant

February 17, 2024 Stu Turley

Direct air capture is a worthwhile investment, according to money manager BlackRock, which just invested more than half a billion of its clients’ dollars in the world’s largest facility for pulling carbon out of the […]

U.S.
Crude Oil News

The $2.8 Billion Hole in U.S. Sanctions on Iran

February 17, 2024 Stu Turley

For months, as Iran-backed groups attacked U.S. forces and allies in the Middle East, the Biden administration hailed its efforts to restrict Iran’s oil revenue — and the country’s ability to fund proxy militias. The […]

Israel
Geopolitical

Israel behind attacks on Iranian gas pipelines – NYT

February 17, 2024 Mariel Alumit

  The covert operation required deep knowledge of the country’s infrastructure, a source has said Israel conducted clandestine strikes against two key natural gas pipelines in Iran this week, marking an escalation in the years-long […]

Climate Crisis

Daily Energy Standup Episode #310 – Weekly Recap: The Energy Debate: Solar Expansion, Oil Well Shutdowns, and Renewable Transitions

February 17, 2024 Andy Del Prado

Daily Standup Weekly Top Stories Biden plan will earmark millions of acres of public land for solar development February 11, 2024 Stu Turley On Jan. 17, the Biden administration unveiled a draft analysis of a plan that […]

PPI
Commodities

PPI Inflation Spikes in Services and Finished Core Goods, Very Disconcerting

February 16, 2024 Mariel Alumit

Reheating services inflation isn’t a surprise. But the PPI for finished core goods saps hopes for goods “deflation” to continue to hold down overall inflation. By Wolf Richter for WOLF STREET. The Producer Price Index for final demand […]

nuclear
International News

Liner bosses discuss potential for nuclear

February 16, 2024 Mariel Alumit

The heads of two of the world’s largest containerlines have discussed how they see the role of nuclear power in the years ahead. Speaking yesterday at a press conference hosted by the World Shipping Council, […]

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