UAE Oil Expansion

Daily Standup Top Stories UAE Raises Capacity at Offshore Oilfield as It Aims for 5 Million Bpd by 2027 July 30, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has raised the production capacity at one of its offshore oilfields by 25% using AI technology as the United Arab Emirates looks to boost its total […]

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The Energy Transition Won\’t Happen

Daily Standup Top Stories The “Energy Transition” Won’t Happen July 16, 2024 Mariel Alumit The laptop class has rediscovered a basic truth: foundational innovation, once adoption proceeds at scale, is followed by an epic increase in energy consumption. It’s an iron law of our universe. To illustrate that law, […] China plans low-carbon upgrades for coal power […]

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Interior Department Closes Alaska to Drilling

Daily Standup Top Stories 1PointFive Signs an Agreement to Sell 500,000 Metric Tons of Carbon Credits to Microsoft July 10, 2024 Mariel Alumit 1PointFive has signed an agreement to supply Microsoft with 500,000 metric tons of carbon credits for the next six years. Takeaway Points 1PointFive signs an agreement to sell 500,000 metric tons of carbon […]

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Week Recap: Energy Shifts: EVs, Oil, Geopolitics

Weekly Daily Standup Top Stories EV Slowdown Steers the World Further Off Course From Net Zero June 16, 2024 Stu Turley Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward [… […]

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Biden to Raid Strategic Oil Reserve Dry

Daily Standup Top Stories Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election June 18, 2024 Mariel Alumit Joe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas […]

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