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Home2023May

Month: May 2023

Price
Investments

Dow Jones Futures Rise On Debt-Ceiling Buzz; Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible

May 26, 2023 Mariel Alumit

Dow Jones futures rose modestly early Friday, along with S&P 500 futures and Nasdaq futures, amid reports that a debt-ceiling deal isn’t far off. Key inflation data is on tap before the market open. Costco […]

EnergyNews

Design competition gets gears turning for Virginia student’s offshore wind career

May 26, 2023 Mariel Alumit

​ It has been quite a whirlwind month for Lindsey Greer. Just as her team from Virginia’s Smithfield High School was snagging an award at the 8th annual National KidWind Challenge, the 17-year-old senior found […]

ENB Daily Standup

Daily Energy Standup Episode #132 – A Weekly Recap – Climate Battle lines: Protests, Resistance, and Energy Politics Unveiled

May 26, 2023 Andy Del Prado

Daily Standup Weekly Top Stories U.S. Legislators Attempt To Ban Oil And Gas Exports May 19, 2023 Mariel Alumit Three U.S. legislators have proposed a bill that would reimpose a ban on U.S. crude oil exports […]

Crude Oil News

Oil Trader Andurand Losing 46% In Worst Year Ever

May 25, 2023 Mariel Alumit

This year’s slide in oil has been painful to commodity bulls, and none more so than famed oil hedge fund manager Pierre Andurand whose already bad year is getting worse. Bloomberg reports that after dropping […]

Aljazeera International

Russia signs deal to deploy tactical nuclear weapons in Belarus

May 25, 2023 Mariel Alumit

Moscow and Minsk have signed a deal to formalise the deployment of Russian tactical nuclear missiles on Belarusian territory. Russia on Thursday said the step was driven by rising tensions with the West. “In the […]

oil and gas
Crude Oil News

Top producers warn against divestment from oil and gas

May 25, 2023 Mariel Alumit

DOHA/DUBAI: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months. Saad Al-Kaabi and his Saudi counterpart […]

oil
Crude Oil News

Blocking US oil drilling will backfire on Biden’s climate agenda: report

May 25, 2023 Mariel Alumit

The carbon intensity of U.S. oil and gas drilling, especially offshore production in the Gulf of Mexico, is significantly lower than foreign alternatives, according to an energy industry report released Tuesday morning. The report — by […]

Wind
Grid

Joe Oliver: Wind and solar can have a role in our electricity system, but are not a panacea

May 25, 2023 Mariel Alumit

There is a stark contradiction between the confident assertion that wind and solar are far less costly than fossil fuels and the real-life experience of jurisdictions relying heavily on them — including Europe and several […]

CCUS
Carbon Capture

CCUS gains momentum in ‘subsidy arms race’

May 25, 2023 Mariel Alumit

In the global drive towards net zero, carbon capture, utilisation and storage (CCUS) is a crucial piece of the puzzle. While carbon-emitting technologies and activities are being replaced with cleaner ones, CCUS can help to […]

Georgia
Energy Crisis

Georgia nuclear rebirth arrives 7 years late, $17B over cost

May 25, 2023 Mariel Alumit

WAYNESBORO, Ga. (AP) — Two nuclear reactors in Georgia were supposed to herald a nuclear power revival in the United States. But the project is seven years late and $17 billion over budget as Georgia Power Co. […]

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