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Home2024April

Month: April 2024

Oil
Crude Oil News

Standard Chartered: Global Oil Demand Will Pick Up Strongly In May And June

April 25, 2024 Mariel Alumit

Oil prices have held steady week on week despite a significant inventory build in U.S. crude two weeks ago, which was countered by a draw in U.S. crude stockpiles for the week ending April 19th. Next to this, traders […]

Crude Oil News

Deal Spotlight Episode #6: SLB Forecasting US Shale Future By Buying ChampionX?

April 25, 2024 Michael Tanner

Another merger, another Deal Spotlight! On today’s episode, we talk all things OFS and the merger of SLB + ChampionX that happened earlier this year. To break all this down, we needed to find an […]

Philippines
Geopolitical

China threatens US with response in wake of missile deployment in Philippines

April 25, 2024 Mariel Alumit

Beijing has accused Washington of undermining peace and stability in the Asia-Pacific region Beijing has condemned Washington’s deployment of intermediate-range missiles in the Asia-Pacific region and will take all effective measures to prevent the US […]

Alinta
Energy Transition

Alinta chief admits the transition has “soaring costs”, and has stalled because of the rooftop solar glut

April 25, 2024 Mariel Alumit

The system is reaching a crisis point and April is turning out to be the month of confessions His speech was the sound of an industry being tortured. The transition is going backwards. Big projects […]

Oil
Crude Oil News

Oil Swings as US Stockpiles Fall Sharply

April 25, 2024 Mariel Alumit

Oil fluctuated as traders weighed a larger-than-anticipated drop in US crude stockpiles against broader risk-off sentiment. West Texas Intermediate settled below $83 a barrel after swinging in a narrow range on Wednesday. US oil inventories […]

oil
Crude Oil News

New technology helps US shale oil industry start to rebuild well productivity

April 25, 2024 Mariel Alumit

HOUSTON, April 24 (Reuters) – Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more […]

Russia
Finance

Russia freezes assets of largest US bank

April 25, 2024 Mariel Alumit

A court ruling supported the lawsuit filed by state bank VTB, which seeks to recover funds blocked under Western sanctions A St. Petersburg court ordered the freezing of funds owned by US banking giant JPMorgan […]

Georgia
Electrical Generation / Utilities

How should Georgia elect its utility regulators? The U.S. Supreme Court is asked to weigh in

April 25, 2024 Mariel Alumit

  This coverage is made possible through a partnership with WABE and Grist, a nonprofit, independent media organization dedicated to telling stories of climate solutions and a just future. In a case that could impact other lawsuits on […]

Coal
Coal

Coal shipments targeted by Colombian drug cartels

April 25, 2024 Mariel Alumit

Cocaine became Colombia’s largest export last year in US dollar terms, surpassing oil and coal, according to data from Bloomberg. Increasingly drug cartels are turning to coal shipments as a way to export their goods, […]

Houthis
Crude Oil News

Houthis resume attacks on shipping

April 25, 2024 Mariel Alumit

After a break of more than two weeks, the Houthis from Yemen struck back at ships yesterday. The militants took aim at the Maersk Yorktown and an American destroyer in the Gulf of Aden, as […]

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