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News Ticker
  • [ June 4, 2023 ] AI’s Influence On The Workforce – And How Much More Energy Will Be Required? AI
  • [ June 4, 2023 ] Biden signs debt ceiling bill, pulling US from brink of default – or will the trillions of “printed” money push U.S. over the brink? Bankruptcy
  • [ June 4, 2023 ] Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here’s What To Do Now Finance
  • [ June 3, 2023 ] Could BRICS challenge US dominance in the global economy? Finance
  • [ June 3, 2023 ] Why Is China Digging 33,000 Feet Into The Earth’s Crust? Critical Minerals
  • [ June 3, 2023 ] Exxon And Chevron Close To Signing Gas Exploration Deals In Algeria Big Oil Companies
  • [ June 3, 2023 ] Senior UAE official defends Big Oil’s role at UN climate summit, as they can help pay for the Energy Transition Big Oil Companies
  • [ June 3, 2023 ] Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes? Crypto
  • [ June 3, 2023 ] Israel is leading an energy industry revolution fueled by natural gas Crude Oil News
  • [ June 3, 2023 ] Eyeing a Shift to Renewables, Worley Sells Its Refinery … Downstream
Home2023April

Month: April 2023

the cost of a wind turbine has increased by 38 percent in two years
Climate Crisis

Data insight: the cost of a wind turbine has increased by 38% in two years – and cost for critical minerals up

April 30, 2023 Mariel Alumit

The Covid-19 pandemic, global supply chain crisis and war in Ukraine have all played havoc with global commodity markets. For commodity traders, it has been big business: across the sector – which includes hedge funds, banks […]

Carbon Capture

Financing the energy transition – we need a plan to provide the lowest kWh along the path

April 30, 2023 Allen Santos

ENB Pub note: Excellent article from White & Case about the Energy Transition. Looking at the money is like the old phrase “Follow The Money.” For years, climate change campaigners and policymakers have argued that […]

oil
Bankruptcy

Market Rally Shakeout May Be Bullish Signal; JPMorgan Eyes First Republic After FDIC Takeover

April 30, 2023 Mariel Alumit

The stock market rally fell sharply during the past week, but rebounded to close with solid gains, a shakeout that could set the stage for a stronger advance. JPMorgan Chase and PNC Financial are vying […]

Geopolitical

The State Of ‘Democracy’ Around The World

April 30, 2023 Mariel Alumit

Only 8% of the world’s population actually lives in a full, functioning democracy, according to the Economist Intelligence Unit (EIU). Meanwhile, another 37% of people live in some type of “flawed democracy”, while 55% of […]

Commodities

Europe Is Buying Record Amounts Of Refined Russian Fuels Through India, And Paying A Huge Markup

April 29, 2023 Allen Santos

Last August, we were the first to show how Russia was bypassing Europe’s so-called commodities embargo: it was selling LNG to China which was then re-selling it to Europe at a substantial mark up. And […]

Carbon Credit

The Impact of Carbon Credits on Renewable Energy Development

April 29, 2023 Mariel Alumit

The boiling concerns on climate change have made renewable energy sources and their development a key topic of research. Companies that are leading the clean energy transition have been, or are, considering to leverage the carbon credit […]

Valero
Crude Oil News

Valero takes Venezuelan crude in February

April 29, 2023 Mariel Alumit

Valero takes Venezuelan crude in February Houston, 28 April (Argus) — US independent refiner Valero received crude from Venezuela in February, adding to the list of US refineries that are absorbing volumes from the South […]

Exxon delivers a record first-quarter profit on higher output
Big Oil Companies

Exxon delivers a record first-quarter profit on higher output

April 29, 2023 Allen Santos

Exxon Mobil  on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices […]

Green Inflation And The End Of Capitalism: Lenin’s Thesis Being Tested
Climate Change

Green Inflation And The End Of Capitalism: Lenin’s Thesis Being Tested

April 29, 2023 Allen Santos

In an interview on Wednesday, the Bank of England’s chief economist Huw Pill said “[People] need to accept that they’re worse off and stop trying to maintain their real spending power by bidding up prices, whether [through] […]

Oxy holds groundbreaking ceremony for carbon capture plant
CCUS

Oxy holds groundbreaking ceremony for carbon capture plant

April 29, 2023 Allen Santos

Oxy’s carbon capture plant, Stratos, will be considered the world’s largest direct air capture plant once it’s complete. ODESSA, Texas — Oxy and its subsidiary, 1PointFive, held a groundbreaking ceremony Friday for their planned carbon […]

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Is Bidens controversial Bitcoin mining tax dead or set to rise from the ashes
Crypto

Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

June 3, 2023

Bitcoin (BTC) miners in the United States  can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass. The Digital Assets […]

Electric Vehicles

California State Assembly Votes To Ban Driverless Trucks

June 3, 2023

By Alan Adler of FreightWaves, The California State Assembly voted Wednesday to ban driverless trucks from the state’s roadways, requiring a safety driver be present. If passed by the Senate, it would leave the state […]

Hawaii
Energy Storage

Can’t Help Falling In Love – Hawaii Finds The Move Away From Fossil Fuels Is Easier Said Than Done

June 2, 2023

It has become abundantly clear over the past couple of years that energy transition isn’t going to be a straight line leading directly to abundant carbon-free power and a net-zero world. All sorts of obstacles […]

Shell
E&P

Shell takes Stena Drilling’s newest drillship for work in Gulf of Mexico

June 1, 2023

Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiary – Shell Offshore – for operations in the U.S. Gulf of Mexico. This assignment will be undertaken by the newest addition […]

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