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Home2023March

Month: March 2023

Permian
Crude Oil News

Permian loses six rigs as count falls fourth week

March 16, 2023 Mariel Alumit

Weaker commodity prices are undercutting drilling activity, with the US rig count falling for a fourth consecutive week, the first time that has happened since June 2020. Oilfield services company Baker Hughes said Friday its […]

Crypto

Daily Energy Standup Episode #82- Biden has 30% Crypto Electricity Tax – UK ‘to class nuclear as environmentally sustainable’ – Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead.

March 16, 2023 Mariel Alumit

Daily Standup Top Stories Biden’s 30% Crypto Electricity Tax May Be Too Blunt A Solution CRYPTO March 15, 2023 In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use […]

cleantech
EnergyNews

Inside cleantech’s financial crisis

March 15, 2023 Mariel Alumit

? Hello and welcome to Energy News Weekly! Today, we’re breaking down the collapse of Silicon Valley Bank and what it means for the climate tech startups and community solar financers that depended on it. […]

Nasdaq
Finance

Dow Jones Closes Off 2023 Lows; These Titans Lift Nasdaq, But Market Strains Build

March 15, 2023 Mariel Alumit

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally attempt had another wild session, with the major indexes initially tumbling but coming well off […]

Crypto
Crypto

Coinbase Stock Gets Huge Rating Upgrade; Crypto Hot Again?

March 15, 2023 Mariel Alumit

A crypto company among the top-rated stocks for price performance? Given the erratic market for Bitcoin, and the recent failures of FTX and BlockFi, it might seem unlikely. But Coinbase Global (COIN), a cryptocurrency investment […]

Stock
Crude Oil News

Stock Market Off Lows Despite Contagion Fears; Gold Climbs While Crude Oil Plummets

March 15, 2023 Mariel Alumit

Stock market indexes headed sharply lower in the first half of Wednesday’s session, sending bottom-fishers back to their caves after Tuesday’s short-covering rally. Big Tech outperformed in a “not a bank” bid, leading a late […]

Bank
Finance

Swiss National Bank Issues Statement: Will Provide Liquidity If Necessary

March 15, 2023 Mariel Alumit

Saudis fold – refuse to throw any more money at Credit Suisse Credit Suisse stock hits record low Credit Suisse 1Y CDS explodes as counterparty risk hedging soars Credit Suisse execs urged a “show of […]

Energy Regulations

With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal

March 15, 2023 Mariel Alumit

Home Clean fuel With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal Cedar LNG, Canada’s first Indigenous majority-owned LNG facility, has received its environmental assessment certificate (EAC) from the British Columbia (B.C.) […]

U.S
Energy Policy

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

March 15, 2023 Mariel Alumit

Home Fossil Energy Would permitting reform get rid of the red tape for U.S. energy infrastructure projects? While proposals to expedite infrastructure projects are making the rounds in Congress, Wood Mackenzie, an energy intelligence group, […]

EnergyNews

U.S. natgas drops over 5% on banking rout-led risk selloff

March 15, 2023 Mariel Alumit

Front-month gas futures for April delivery dropped for a second-straight session, slipping 14.5 cents, or 5.6%, to $2.428 per million British thermal units at 10:42 am EDT (1442 GMT). “Concerns about the banking sector and […]

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