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HomeEU

EU

US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck
Finance

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist

February 11, 2024 Mariel Alumit

Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this […]

Downstream

Diesel prices primed to rise sharply in 2024

February 10, 2024 Stu Turley

LONDON, Feb 6 (Reuters) – Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from […]

Germany’s Days
Electrical Generation / Utilities

Germany’s Days as an Industrial Superpower Are Coming to an End

February 10, 2024 Stu Turley

  Amid the flickering of flares and torches, many of the 1,600 people losing their jobs stood stone-faced as the glowing metal of the plant’s last product — a steel pipe — was smoothed to […]

Germany
Electrical Generation / Utilities

Germany To Replace Nuclear With Natural Gas Plants for $16B

February 9, 2024 Mariel Alumit

Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. Berlin has unveiled plans to spend €16 billion on 10 gigawatts (GW) of new gas-fired power […]

Nuclear power
Electrical Generation / Utilities

Nuclear power officially labelled as ‘strategic’ for EU’s decarbonisation

February 8, 2024 Mariel Alumit

The Council of EU member states and the European Parliament agreed on Tuesday (6 February) to label nuclear power as a strategic technology for the EU’s decarbonisation, following months of intense negotiations in Brussels over […]

Climate Crisis

Daily Energy Standup Episode #304 – Lower Earnings, Record Consumption, and Geopolitical Shifts

February 8, 2024 Andy Del Prado

Daily Standup Top Stories TotalEnergies reports lower LNG earnings, sales February 7, 2024 Allen Santos France’s TotalEnergies said on Wednesday that the company’s integrated LNG business logged a decline in its adjusted net operating income in […]

Mediterranean Corridor
Geopolitical

Analyzing The Mediterranean Corridor’s Provisionally Planned Extension To Lvov

February 7, 2024 Mariel Alumit

The case can be made that the Mediterranean Corridor’s provisionally planned extension to Lvov is a pilot project that doesn’t presage the bloc’s intent to prepare for relocating the Ukrainian capital to there like Medvedev […]

European Union
Biofuels

Europe to give shipping priority access to greener fuels

February 7, 2024 Mariel Alumit

The European Commission published on Tuesday its proposal for a 2040 climate target laying out the pathway to make the European Union climate neutral by 2050 with shipping shown its green pathway, and a noticeable […]

EU
Crude Oil News

EU states buying Russian energy ‘on the sly’ – Moscow

February 7, 2024 Mariel Alumit

  Oil and gas are still reaching the bloc via third countries, a top Russian senator has said EU countries continue to purchase Russian oil and gas despite bold statements about abandoning supplies, the chair […]

Climate Crisis

Daily Energy Standup Episode #300 – Weekly Recap: Net Zero Cost Concerns, LNG Export Halt, Turbine Explosions, and Africa’s Energy Vision

February 3, 2024 Andy Del Prado

Daily Standup Weekly Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data […]

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