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Home2024

Year: 2024

Crude Oil News

Oilfield Service M&A Set for Boost Under Trump

December 5, 2024 Clark Savage

Deloitte’s oil and gas industry outlook for 2025 forecasts that the Trump presidency will facilitate continued consolidation in the U.S. oilfield services sector next year. The oilfield service sector is already consolidating, with a slew […]

Newsom’s Green
Climate Crisis

Newsom’s Green Push Ignores Energy Reality, Burdening Residents With Sky-High Costs

December 5, 2024 Mariel Alumit

Gov. Newsom’s green transition pushes costly energy policies while ignoring hydrocarbons’ role, harming California’s economy and low-income residents. Driven by California Governor Gavin Newsom’s obliviousness to the reality that the so-called green energy transition is […]

EPA
Climate Crisis

‘Throwing Gold Bars Off The Titanic’: EPA Staffer Admits Funneling Billions To Climate Orgs Before Inauguration

December 5, 2024 Mariel Alumit

Before Trump takes office, gloomy EPA staff scramble to distribute billions from ‘Biden’s climate law’ to favored climate groups. It’s a turbulent time at the Environmental Protection Agency (EPA), according to a current staffer, with […]

Greenland Cooling
Climate Crisis

Greenland Cooling: New Study Shatters Arctic Warming Narrative

December 5, 2024 Mariel Alumit

Greenland cooling data shows decades-long temperature declines, challenging Arctic warming claims and media’s climate emergency narratives.​ After a careful study of 31,464 satellite records compiled over the last twenty years, a team of scientists and […]

oil
Crude Oil News

Czechs see Russian ‘games’ after Moscow halts oil supply

December 5, 2024 Mariel Alumit

  Oil deliveries from Russia to Czechia via the Druzhba pipeline have stopped without explanation, raising suspicions as Czech officials remain calm. While the exact reason remains unclear, many see it as another deliberate move […]

Bitcoin
Bitcoin

Bitcoin storms above $100,000 as bets on Trump fuel crypto euphoria

December 5, 2024 Mariel Alumit

  Bitcoin catapulted above $100,000 for the first time on Thursday (5 December), a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly US administration to cement cryptos’ […]

Woodside
Finance

Woodside, Bechtel seal revised EPC deal for Louisiana LNG project

December 5, 2024 Mariel Alumit

Woodside said on Thursday the lump sum turnkey deal is for the three-train 16.5 million tonnes per annum foundation development of Louisiana LNG. According to Woodside, total Louisiana LNG expenditure from December to end of […]

Energy
Big Oil Companies

Energy sector doesn’t believe we’ll get to net zero

December 5, 2024 Mariel Alumit

Just 4% of energy professionals believe the UK will get to net zero in 2050. That’s the standout finding of the annual Energy Barometer report from the Energy Institute. The Barometer is an annual state-of-the-nation […]

Trump
Finance

Trump’s Threat to Revoke China’s Trade Status, Explained

December 5, 2024 Mariel Alumit

The move could deal a significant blow to U.S.-China trade relations and unleash a deluge of new tariffs. U.S. President-elect Donald Trump has made it clear that trade is at the top of his agenda […]

China
Electric Vehicles

China automakers pivot to hybrids for Europe to counter EV tariffs

December 5, 2024 Mariel Alumit

  Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest […]

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