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Home2023May

Month: May 2023

Big Oil Companies

Warren Buffett Adds Another $200 Million in Occidental Stock – Is it still a buy?

May 28, 2023 Mariel Alumit

At a conference about energy finance and the energy transition on May 19, Occidental Petroleum CEO Vicki Hollub stated it plainly, “We will never walk away from oil and gas…and our carbon management business will […]

America’s big shift to green energy has a woolly mammoth problem
Climate Crisis

America’s big shift to green energy has a woolly mammoth problem

May 28, 2023 Mariel Alumit

America’s renewable energy drive needs more than a million miles of new transition lines but emerging resistance includes opponents worried about building them in one of the country’s richest areas of ice-age fossils. The Greenlink West project […]

Cop 27
Energy Transition

Hydrogen Network 2050: for a climate-neutral Germany

May 28, 2023 Mariel Alumit

Germany needs a hydrogen infrastructure because an efficient, safe, affordable and climate-neutral energy supply will only be possible with the use of hydrogen. An efficient supra-regional hydrogen transport infrastructure is indispensable, especially for the integration […]

Climate Crisis

Why do more than 800 million people live in hunger? Energy Hypocrisy is at the center of the problem.

May 28, 2023 Mariel Alumit

Hunger levels are rising around the world. As many as 828 million people – or 10 percent of the world’s population – go to bed hungry each night, 46 million more than the previous year, […]

Finance

Debt-Ceiling Deal Reached By Biden, Republicans; Now What For Market Rally?

May 28, 2023 Mariel Alumit

President Joe Biden and House Republicans reached a tentative agreement Saturday night to raise the government’s debt limit. The debt-ceiling deal would head off a looming default on U.S. sovereign debt, good news for the […]

Real Estate

State Farm Halts Home Insurance Sales In California

May 28, 2023 Mariel Alumit

Faltering California took another economic hit on Friday, as America’s largest personal lines insurer said it would immediately stop selling new home insurance policies in the state. California is the largest property and casualty insurance […]

Geopolitical

Russia Could Sever Diplomatic Ties With United Kingdom: Kremlin

May 27, 2023 Mariel Alumit

It is perhaps only a matter of time given Britain has long been leading Western allies in taking more and more hawkish, escalatory stances against Moscow throughout the Ukraine conflict: Russia’s foreign ministry said in […]

Climate Crisis

Germans Are Outraged About The Country’s Oil And Gas Boiler Ban

May 27, 2023 Mariel Alumit

Authored by Irina Slav via OilPrice.com, Germans are criticizing a government plan to ban oil and gas boilers and replace them with heat pumps, arguing it is happening too fast and is going to cost […]

Natural Gas
Exports

How Natural Gas Market Integration Can Help Increase Energy Security

May 27, 2023 Mariel Alumit

Natural gas might be the same commodity everywhere in the world, but prices can vary dramatically because of the complex network of infrastructure needed to transport it. The result is a partially fragmented global market, […]

Geopolitical

Is The US Losing The World?

May 27, 2023 Mariel Alumit

By Russell Clark of Capital Flows and Asset Markets substack The US led free world (Western Europe, Japan and Australia) during the cold war were offered a pretty good deal. Mutual economic access (to a […]

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