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Home2023June

Month: June 2023

OPEC
Crude Oil News

The OPEC-US battle is back on

June 6, 2023 Mariel Alumit

Saudi Arabia’s surprise June 4 announcement of an oil production cut pushed prices up, a bit. But there’s an important counterweight to Saudi Arabia’s heft in the global energy market: US producers. The rumored death […]

Japan
Hydrogen

Japan earmarks $107 billion for developing hydrogen energy to cut emissions, stabilize supplies

June 6, 2023 Mariel Alumit

TOKYO (AP) — Japan’s government on Tuesday adopted a revision to the country’s plans to use more hydrogen as fuel as part of the effort to reduce carbon emissions. The plan sets an ambitious target […]

Fuel
ESG

Bill Gates, United Airlines, Chevron Invest in Biofuel Game-Changer, Viridos – Can This Startup Replace Fossil Fuels?

June 6, 2023 Mariel Alumit

Viridos’ plan is to create renewable energy through the use of microalgae to create the kind of dense, resource-intensive fuel that powers airplanes and large-scale shipping operations. The technology Viridos is developing is important because […]

investors
ESG

UK investors back money market funds in May, ditch ESG funds

June 6, 2023 Mariel Alumit

LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’ last year, opting for caution after a volatile period in global banking, funds network Calastone […]

ESG
ESG

US Treasuries Blacklisted by German State as ESG Law Takes Hold

June 6, 2023 Mariel Alumit

(Bloomberg) — For an illustration of how wildly different the debate around ESG is in Europe and the US, look no further than the German state of Baden-Württemberg. One of the richest regions in Europe’s […]

Jobs

American Airlines Struggles With Pilot Deficit, Grounds 150 Aircraft – Will this impact jet fuel demand?

June 6, 2023 Mariel Alumit

Authored by Enrico Trigoso via The Epooch Times (emphasis ours), American Airlines, a leading carrier based in Fort Worth, is currently grappling with a significant challenge. The airline is unable to operate approximately 150 of […]

ENB Daily Standup

Daily Energy Standup Episode #138 – Power Plant Proposal Sparks Industry Transformation: Clean Energy Bills Delayed, Fossil Fuel Investments Challenged, and Appliance Costs Soar

June 6, 2023 Andy Del Prado

Daily Standup Top Stories How Will Industry Be Impacted By EPA’s New Power Plant Proposal? June 5, 2023 Mariel Alumit Manufacturers are sweating the Environmental Protection Agency’s proposed power plant rule to cut greenhouse gases. But […]

ESG
ESG

ESG movement thriving despite opposition from status quo naysayers

June 5, 2023 Mariel Alumit

The global ESG movement took a hit this week, as an investor-driven climate change push at some of the world’s leading fossil fuel companies fell well short of the mark. On 31 May, shareholders at Exxon and […]

Power
Carbon Capture

How Will Industry Be Impacted By EPA’s New Power Plant Proposal?

June 5, 2023 Mariel Alumit

Manufacturers are sweating the Environmental Protection Agency’s proposed power plant rule to cut greenhouse gases. But they are also touting the steps they have taken to cut emissions, including using combined heat and power and […]

energy
ESG

Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention

June 5, 2023 Mariel Alumit

The energy woes that befall the world in 2022 brought about the double whammy of rapidly working on diversifying the energy mix with more renewables while ramping up the crude oil and natural gas production […]

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