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Home2023October

Month: October 2023

Energy
Energy Storage

Energy Department announces $325M for batteries that can store clean electricity longer

October 2, 2023 Mariel Alumit

The Energy Department has announced a $325 million investment in new battery types that can help turn solar and wind energy into 24-hour power. The funds will be distributed among 15 projects in 17 states […]

California
Crude Oil News

California’s green drive leaves its oil towns behind

October 2, 2023 Mariel Alumit

Fred Holmes watches with satisfaction as pumps pull oil from deep under his California farm, tapping a supply he thinks could last another century. But he knows the state’s ambitious environmental policies will put an […]

Price
EIA News

U.S. petroleum product exports set new record in the first half of 2023

October 2, 2023 Mariel Alumit

 October 2, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more than […]

International News

China Investors Say Worst Yet To Come For Property

October 2, 2023 Mariel Alumit

By John Liu and April Ma, Bloomberg Markets Live reporters and strategists China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped […]

Geopolitical

Charting The Depths: The World Of Subsea Cables

October 2, 2023 Mariel Alumit

Data may be stored in the “cloud,” but when it comes to sending and receiving data, a lot of that action is actually happening along the depths of the ocean floor. Hidden beneath the waves, […]

Big Oil Companies

Daily Energy Standup Episode #220 – CEOs, Policy, and Global Markets – A Conversation on Current Developments

October 2, 2023 Andy Del Prado

Daily Standup Top Stories No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock October 1, 2023 Allen Santos There will be no energy transition unless we can find new technologies that bring down the […]

Crude Oil News

Putin Is Now Evading Western Sanctions On Almost All Oil Exports, And Using Yuan To Avoid Import Sanctions

October 2, 2023 Mariel Alumit

When western nations rolled out a grand plan to throttle Russian oil imports and impose sanctions on Kremlin energy exports, we – and many others – laughed: after all, we have repeatedly seen how toothless […]

Irina Slav 2023 ENB Podcast It takes a Village to Raise an Idiot
ENB Podcast

ENB #139 Irina Slav, International Energy Author, OPEC’s Response to the IEA, and It Takes A Village To Raise An Idiot

October 1, 2023 Mariel Alumit

Irina Slav, Energy Expert, Author, and podcast host, stopped by the Energy News Beat podcast. I have thoroughly enjoyed getting to know Irina over the last year, and her humor, knowledge, and assessments of the […]

Russia
Geopolitical

Russia’s Military Budget Set To Rise By 70%

October 1, 2023 Mariel Alumit

Via Remix News, Russian military spending is set to rise by almost 70 percent — to EUR106 billion — by 2024, according to a Russian Finance Ministry document published Thursday, an increase that illustrates Moscow’s […]

Finance

US government shutdown averted. What happens next?

October 1, 2023 Mariel Alumit

The US Congress has passed a stopgap funding bill, averting for now a looming government shutdown that would have disrupted many services, squeezed federal employees and roiled politics. The House of Representatives voted 335-91 late […]

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