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Home2023June

Month: June 2023

ENB Daily Standup

Daily Energy Standup Episode #135 – From Fossil to Future: Dominion Shuts Down Chesterfield’s Last Coal Units as Clean Energy Rises

June 1, 2023 Andy Del Prado

Daily Standup Top Stories 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, […]

Finance

The Fed Blew Up Another Real Estate Bubble And It’s Losing Air

June 1, 2023 Mariel Alumit

Authored by Michael Maharrey via SchiffGold.com, In March, I warned that the commercial and investment real estate markets could be the next thing to break in this bubble economy. A recent article in the Wall […]

Crude Oil News

Three New China-Russia-Iran And Iraq Agreements Confirm The New Oil Market Order

June 1, 2023 Mariel Alumit

Authored by Simon Watkins via OilPrice.com, Moscow signed 10 new cooperation agreements with Iran for the oil sector alone on 18 May. China waited for the dust to settle before it too signed new cooperation […]

shortage
International News

‘Daunting shortage’ of skilled workers looms over giant, renewable energy projects

June 1, 2023 Mariel Alumit

Outback Queensland is home to one of the largest potential wind zones in the country, but a lack of infrastructure and a shortage of skilled workers are major roadblocks in reaching national renewable energy targets. In […]

Shell
Exploration and Production

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

June 1, 2023 Mariel Alumit

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 […]

Coal
Coal

How Permanent Is The Coal Industry’s Bounce Back?

June 1, 2023 Mariel Alumit

In recent years, as energy security has grown in importance, the coal industry rebounded rapidly – with some companies seeing their profits soar by as much as 60%. While there is still plenty of money […]

wind
Energy Transition

“How to achieve circularity”: the future of wind turbine recycling

June 1, 2023 Mariel Alumit

The recyclability of wind turbine blades has in recent years become a sticking point in discussions about the sustainability of the industry. Today, between 85% to 95% of a wind turbine is recyclable, according to Ørsted, […]

Walmart
Energy Transition

Cummins X15N CNG Engine Begins Field Testing, Lands Partnership With Chevron And Walmart

June 1, 2023 Mariel Alumit

Walmart is progressing on its goal for a zero-emissions transportation fleet by 2040 with the debut of the first North American — and the first of five — 15-liter compressed natural gas (CNG) engines that […]

Price
EIA News

China’s natural gas consumption and LNG imports declined in 2022, amid zero-COVID policies

June 1, 2023 Mariel Alumit

 June 1, 2023 Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical YearbooksNote: Industrial consumption includes natural gas feedstock. Other includes district heating and transport. In 2022, annual […]

Equinor
Crude Oil News

Equinor delays Canadian offshore oil field for three years due to escalating costs

June 1, 2023 Mariel Alumit

(Bloomberg) – Equinor ASA has delayed by as many as three years its Bay du Nord project due to escalating costs, the company said Wednesday. The project to develop an oil field about 500 kilometers […]

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