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Home2023February

Month: February 2023

Seven
Electrical Generation / Utilities

Energy crisis: Europe’s spend to shield consumers nears €800 billion. Where is the money going?

February 14, 2023 Mariel Alumit

European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday. The eye-watering sum has mostly gone towards measures like VAT cuts on petrol and […]

Rare Earth Minerals

Bluejay Mining pulls demerger plan, aims to raise $6 million

February 14, 2023 Mariel Alumit

​Explorer and developer Bluejay Mining (LON: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary Disko Exploration, as previously announced. Executive chairperson Robert Edwards, who joined the Bluejay team in […]

Rare Earth Minerals

Gemfields evacuates exploration camp in Mozambique after attack

February 14, 2023 Mariel Alumit

​Africa-focused Gemfields (LON: GEM) (JSE: GML) said on Tuesday it had suspended operations and was evacuating personnel from its Nairoto exploration camp in Mozambique following an attack on a nearby village. The company’s project is located in the […]

Ohio
Uncategorized

Rail Companies Blocked Safety Rules Before Ohio Derailment

February 14, 2023 Mariel Alumit

Before this weekend’s fiery Norfolk Southern train derailment prompted emergency evacuations in Ohio, the company helped kill a federal safety rule aimed at upgrading the rail industry’s Civil War-era braking systems, according to documents reviewed […]

Aljazeera International

Earthquake piles misery on war-ravaged Jandaris in Aleppo region

February 14, 2023 Mariel Alumit

Jadaris, Syria – In Jandaris, in northwest Syria’s Aleppo province, residents scrambled to find and pick up remnants of their lives from between mounds of concrete and mangled metal. Some cried as they sat atop […]

million
Crude Oil News

U.S. to sell 26 million barrels of strategic reserve oil mandated by Congress

February 14, 2023 Mariel Alumit

The department had considered cancelling the fiscal year 2023 sale of the 26 million barrels after the Biden administration last year sold a record 180 million barrels from the reserve. But such a cancellation would […]

EnergyNews

U.S. natgas fall 3% on milder weather despite Freeport LNG return

February 14, 2023 Mariel Alumit

​ That price decline came even though liquefied natural gas (LNG) exports jumped to their highest since May 2022 after a vessel picked up a cargo from Freeport LNG’s long-idled export plant in Texas and […]

Moscow
EnergyNews

Goldman says Russian oil sold for significantly more than quoted prices

February 14, 2023 Mariel Alumit

Moscow’s trade partners have increasingly paid more for Russian crude than quoted prices suggest, Goldman Sachs said in a note, cushioning Russia from the impact of Western sanctions. The bank in a note dated Feb. […]

Chevron
EnergyNews

Chevron considers extending current CEO’s retirement age

February 14, 2023 Mariel Alumit

Michael Wirth, Chairman and CEO Chevron Corp., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022. REUTERS/Brendan McDermid Feb 13 […]

European
Energy Crisis

European Gas Slides on Signs Worst of Energy Crisis Averted

February 14, 2023 Mariel Alumit

European natural gas prices fell to the lowest level in almost four weeks as confidence grows for stable power generation through the remainder of winter. Benchmark futures slid as much as 4.5% before paring some […]

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