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Home2023May

Month: May 2023

Coal

Dominion to deactivate last 2 coal units in Chesterfield

May 31, 2023 Mariel Alumit

Dominion Energy on Wednesday will deactivate its two remaining coal units at its Chesterfield Power Station. The units, which have been in operation for more than 50 years, sit on the banks of the James […]

Finance

Faced With New Round Of Demonetization Indians Turn To Gold

May 31, 2023 Mariel Alumit

Authored by Michael Maharrey via SchiffGold.com, The Indian central bank has announced another round of demonetization with a plan to withdraw 2,000-rupee notes from circulation.   The announcement led to a big jump in gold […]

California
Critical Minerals

Could the rush for lithium near California’s Salton Sea trigger earthquakes?

May 31, 2023 Mariel Alumit

Just after midnight on April 30, residents near the Salton Sea in Southern California were jolted awake by a magnitude 4.3 earthquake. Dozens of people told the U.S. Geological Survey that they felt the shaking, […]

Newsom
Energy Policy

Democrats sideline Newsom’s plan to reform CEQA

May 31, 2023 Mariel Alumit

Dealing a blow to Gov. Gavin Newsom, Democratic legislators today shot down his ambitious attempt to reform state environmental law and make it easier to build big infrastructure projects in California. In a 3-0 vote, […]

US
Downstream

Clean tanker demand drop weighs on US Gulf rates

May 31, 2023 Mariel Alumit

New York, 24 May (Argus) — A sharp drop-off in tonne-mile demand for US Gulf coast medium range (MR) clean tankers so far this year has pressured freight rates for the segment to the lowest […]

Energy
Electrical Generation / Utilities

Duck Curve Shows California Is Ducking Real Energy Issues

May 31, 2023 Mariel Alumit

Social media is where the industry experts and talented professionals are effectively challenging the “magical thinking” behind climate alarmism/forced energy transformation, given the blackout of the mainstream media. As yet another example, Mike Hassaballa, energy engineer […]

ENB Daily Standup

Daily Energy Standup Episode #134 – Fueling Progress: Biden-McCarthy Debt Deal Supercharges Mountain Valley Gas Pipeline and Energizes Chevron PDC Deal

May 31, 2023 Andy Del Prado

Daily Standup Top Stories Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline May 30, 2023 Mariel Alumit WASHINGTON, May 28 (Reuters) – U.S. energy company Equitrans Midstream Corp’s (ETRN.N) long-delayed $6.6 billion Mountain Valley natural […]

Bankruptcy

The Bankruptcy Caravan Is Now Arriving: Time To Pay For The Easy Money

May 30, 2023 Mariel Alumit

Authored by Doug French via The Mises Institute, The character Mike Campbell in Ernest Hemingway’s 1926 novel The Sun Also Rises was asked about his money troubles and responded with a vivid description embracing self-contradiction: […]

Geopolitical

‘Time is now’ for Sweden to join NATO, Blinken says

May 30, 2023 Mariel Alumit

The United States has urged Turkey to approve Sweden’s accession into NATO, with Secretary of State Antony Blinken saying that “the time is now” for the northern European country to join the alliance. Speaking alongside […]

Talos
Exploration and Production

Talos Energy, Grupo Carso accelerate Zama development with $125 million transaction

May 30, 2023 Mariel Alumit

(WO) – Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso (“Carso”), has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary (“Talos Mexico”), which holds […]

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