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  • [ September 28, 2023 ] Analysis: Wind power industry drifts off course Energy Transition
  • [ September 28, 2023 ] New Study: Natural Gas Generates Billions for Pa.’s Economy, Supports 120k+ Jobs & Boosts Critical Tax Revenues E&P
  • [ September 28, 2023 ] Saudi Arabia and Russia Win Big in Gamble on Oil Cuts Big Oil Companies
  • [ September 28, 2023 ] Coal makes a quiet resurgence in the clean energy era Coal
  • [ September 28, 2023 ] Why Suriname’s Carbon Finance Program Could Change The World Climate Crisis
  • [ September 28, 2023 ] The AI Revolution is Bad News for Net Zero AI
  • [ September 28, 2023 ] Investors Have Energy All Wrong: Addition — Not Transition — Will Define This Century Crude Oil News
  • [ September 28, 2023 ] UK go-ahead for North Sea oil and gas field angers environmental groups Climate Change
  • [ September 28, 2023 ] IEA Pushes ‘Silly’ 2030 Peak Oil Demand Forecast As JPM Warns “Supercycle Returns” Crude Oil News
  • [ September 28, 2023 ] UAW’s Real Enemy Is Forced EV Conversion Climate Crisis
Home2023February

Month: February 2023

Recession
Financial Crisis

Is The Recession Already Here?

February 28, 2023 Allen Santos

Authored by Jeffrey Snider via RealClearMarkets.com, It was a sudden and epic flood of oil the likes of which the country hadn’t seen before. According to the government’s numbers, the Energy Information Administration, over a […]

Energy Tech

MHI tests 100 kW class cryogenic ORC power generation using oilless cryogenic turbine generator

February 28, 2023 Mariel Alumit

Home Clean fuel MHI tests 100 kW class cryogenic ORC power generation using oilless cryogenic turbine generator Mitsubishi Heavy Industries (MHI) and Mitsubishi Heavy Industries Marine Machinery and Equipment (MHI-MME), a wholly-owned operating company of […]

Crude Oil News

India bans oil tankers, bulkers older than 25 years to modernize fleet and cut emissions

February 28, 2023 Mariel Alumit

Home Green marine India bans oil tankers, bulkers older than 25 years to modernize fleet and cut emissions India is ramping up efforts aimed at modernizing its fleet and is reviewing the requirements of the […]

E&P

Another three firms secure work for Angolan oilfield project

February 28, 2023 Mariel Alumit

Following the award of three contracts for the project announced earlier today, Azule Energy, a joint venture between BP and Eni, has selected another three companies for work at the Agogo field development project offshore […]

Big Oil Companies

BP launches green hydrogen cluster in Spain

February 28, 2023 Mariel Alumit

UK-based oil and gas major BP has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. Courtesy of BP The company announced the launch of the hydrogen cluster […]

Occidental
CCUS

Occidental raises spending budget, delays direct air capture launch

February 28, 2023 Mariel Alumit

​ The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni/File Photo Summary Occidental misses Q4 profit estimate as inflation hits Quarterly dividend increased about 38% to 18 cents […]

Electric Vehicles

Mexico approves new Tesla plant in northern Mexico

February 28, 2023 Mariel Alumit

Mexican President Andres Manuel Lopez Obrador has announced that the electric car manufacturer Tesla will open a large plant in northern Mexico, marking an investment that could be worth up to $10bn for the region. […]

Gold
International News

Alamos Gold acquires Manitou and its Goudreau property in Ontario

February 28, 2023 Mariel Alumit

​The Island Gold mine. Alamos Gold photo Alamos Gold (TSE: AGI) has entered into a definitive agreement to acquire shares of Manitou Gold (TSX: MTU). The acquisition will consolidate Alamos’ existing ownership of Manitou shares […]

Canada
E&P

Exclusive: Canada’s Baytex Energy nears $2.5 bln deal for U.S. peer Ranger Oil -sources

February 28, 2023 Allen Santos

Canadian oil and gas producer Baytex Energy Corp (BTE.TO) is nearing a deal to acquire U.S. peer Ranger Oil Corp (ROCC.O) for around $2.5 billion including debt, people familiar with the matter said on Monday. Calgary, Alberta-based Baytex will […]

Agnico
Rare Earth Minerals

Agnico Eagle reinvests in Rupert Resources and its Ikkari gold project

February 28, 2023 Allen Santos

​ Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has purchased approximately 1.5 million common shares of Rupert Resources (TSXV: RUP), thus retaining its 14.9% interest in Rupert on a partially diluted basis. The investment is […]

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New Study: Natural Gas Generates Billions for Pa.’s Economy, Supports 120k+ Jobs & Boosts Critical Tax Revenues

September 28, 2023

PITTSBURGH, PA – September 27, 2023 – Natural gas development is fundamental to the health and strength of Pennsylvania’s economy, supporting well over 100,000 family sustaining careers, boosting state tax revenues, and generating billions in economic […]

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Coal

Coal makes a quiet resurgence in the clean energy era

September 28, 2023

CNN —  As momentum shifts toward clean energy, coal has had some unexpected staying power. What’s happening: Big banks like Goldman Sachs have pledged to divest from the dirty energy source, but reports that coal power is dying appear to […]

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As Wisconsin utilities go their own way on net metering, advocates seek a unified approach to solar

September 27, 2023

​Correction: This article was updated to correct the amount that MGE compensates customers for the energy they send back to the grid. It is currently 16.6 cents per kilowatt-hour. Wisconsin utility MGE is proposing to […]

Crude Oil News

WTI Extends Gains As Cushing Stocks Near ‘Tank Bottoms’; SPR Drained

September 27, 2023

After their tumble overnight yesterday amid bearish risk appetites, oil prices have soared back to new cycle highs as traders mulled the effects of rapidly tightening supplies after API reported yet another weekly drawdown in […]

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