Oil and gas companies are investing in renewables and clean tech but prioritize fossil fuel operations as global demand rises. Global emissions from fossil fuels reached a record high in 2024, despite renewable energy growth […]
Daily Standup Top Stories Tesla Excluded From EV Buyer Credits in California Proposal November 25, 2024 Clark Savage (Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision […]
Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]
Clean energy sector jobs are now outpacing overall job creation, with a staggering 67 million now working in low carbon posts. According to the IEA’s latest World Energy Employment report, energy sector employment surged by […]
For months, the IEA has struck a bearish tone and warned of a large surplus coming to the market in 2025. Global inventories have been drawing down at a much larger rate than the IEA […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]
Comments highlight forecasters’ debate over oil demand growth US is seen focused on growth regardless of election outcome Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big […]
Weekly Daily Standup Top Stories Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars October 26, 2024 Mariel Alumit Biden’s strong-arm tactics to force Americans to buy EVs have only stiffened consumer resolve not […]
TINOS, Greece, Oct 28 (Reuters Breakingviews) – The task of decarbonising the global economy can be split into three parts: electrify as many activities as possible; use low-carbon processes when that’s not possible; and make […]
In what should be one of the least surprising developments, global electricity demand is soaring everywhere as the world moves to electrify everything. Out go gasoline cars, in come electric vehicles; out go gas boilers, […]
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