Tag: M&A

Regulatory Wrangles, Subsidy Skepticism, Fossil Fuel Dynamics, and Shareholder Spats

Clark Savage304

Daily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of State’s Office have issued a “Cease and Desist Order” against asset manager BlackRock, alleging deceptive practices regarding the company’s Environmental, […]

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From Wind to Solar Waste

Clark Savage275

Daily Standup Top Stories Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse March 29, 2024 Stu Turley Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the […] DeSantis’ office […]

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Week Recap: Tech Demand, Policy Changes and More!

Clark Savage351

Daily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Riposte Capital Issues Statement […]

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Nuclear Solutions & Global Risks?!

Clark Savage286

Daily Standup Top Stories Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall March 27, 2024 Mariel Alumit Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado’s spending plan — found themselves with a problem. With just over […]

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Nuke-Powered Data Centers Coming to a City Near You

Clark Savage308

Daily Standup Top Stories Mass casualties feared as boxship takes out bridge in Baltimore – other coal and exports blocked March 26, 2024 Stu Turley Many are feared dead in Baltimore following a dramatic bridge collapse tonight after the 9,962 teu Dali containership smashed directly into one of the bridge’s pillars. The Maryland Transportation Authority and […]

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Oil Demand To The Moon

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Daily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] Don’t let California […]

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Nuclear Dilemmas?

Clark Savage272

Daily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Sunday’s Energy Absurdity: When […]

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Week Recap: Cali Rail Fails, Saudi Oil And More!

Clark Savage286

Daily Standup Top Stories California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends? ‘March 17, 2024 Stu Turley source: Hot Air:     Ed Morrissey:  Hey, a hundred billion here, a hundred billion there, and pretty soon you’re talking about real money. But apparently not real progress. When I first […]

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ESG = Oil & Gas

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Daily Standup Top Stories Energy Giants Create Global Synthetic Natural Gas Coalition March 20, 2024 Mariel Alumit Supermajor TotalEnergies, another French energy giant, Engie, and U.S. Sempra Infrastructure have announced plans to create a global coalition to support the production and use of e-natural gas (e-NG), a synthetic natural gas produced from renewable hydrogen […] Deutschland: How Germany Is […]

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Exxon Doesn\’t Want Hess??

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Daily Standup Top Stories CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION March 19, 2024 Mariel Alumit HOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […] Up […]

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