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Home2023November

Month: November 2023

Price
Finance

Beneath the Skin of the PCE Price Index: Inflation in Services

November 30, 2023 Stu Turley

Gasoline plunged, durable goods fell. Inflation still hot in services: housing, insurance, healthcare, transportation (incl. auto services). Food inflation simmers. By Wolf Richter for WOLF STREET. The PCE price index released today boils down to this, in October […]

Big Oil Companies

Occidental Petroleum in talks to buy shale driller CrownRock for over $10 billion

November 30, 2023 Stu Turley

(Bloomberg) – Occidental Petroleum Corp. is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America’s most prolific oil field gathers momentum. A deal […]

fuel
Carbon Capture

How wealthy countries evade responsibility for their fossil fuel exports

November 30, 2023 Clark Savage

Editor’s note: This story was originally published by Yale Environment 360. It appears here as part of the Climate Desk collaboration. When the world convenes in the United Arab Emirates for the next round of the endless climate […]

Energy
ESG

Northeast Natural Energy received “industry-first” ESG grade for Marcellus shale natural gas production

November 30, 2023 Clark Savage

(WO) – Northeast Natural Energy, a West Virginia-based Marcellus shale natural gas producer, has just become the first producer globally to receive an “A” letter grade from Equitable Origin (EO) for the ESG performance of […]

world
Climate Crisis

This is what the climate crisis is costing economies around the world

November 30, 2023 Clark Savage

The economic toll of extreme weather has grown substantially, according to a World Meteorological Organization report. Extreme weather events and climate-related disasters have caused significant economic losses, reaching nearly $1.5 trillion in the decade to […]

conference
Climate Crisis

Bjorn Lomborg: COP28 will ignore net-zero’s atrocious waste of money

November 30, 2023 Clark Savage

The spectacle of another annual climate conference is getting underway in the United Arab Emirates (Nov 30 – Dec 12). Like Kabuki theater, performative set pieces lead from one to the other: politicians and celebrities […]

investments
Climate Crisis

Woke capitalism’s comeuppance: investments in trendy ‘ESG’ assets collapsed by $5 trillion in just two years, as Republican backlash and tumbling wind and solar stocks upend the sector

November 30, 2023 Clark Savage

Global investments in trendy sustainability assets shrank by nearly $5 trillion over two years, researchers say, as US and other financiers soured on investments seen as risky and opaque. In its biannual assessment, the Global Sustainable Investment […]

Deal Spotlight

Deal Spotlight Episode 1 Part 2 – The guys cover the Eddy County and Matador in the Wolfcamp A.

November 30, 2023 Stu Turley

This is the second part of the Matador in Eddy County Deal Evaluation. If you missed Part 1, you can check it out here: Deal Spotlight Episode 1 Part 1 – The guys cover the Eddy […]

California leads the United States
EIA News

Global CO2 emissions rise through 2050 in most IEO2023 cases

November 30, 2023 Stu Turley

November 30, 2023 Data source: U.S. Energy Information Administration, International Energy Outlook 2023 (IEO2023) Note: Shaded regions represent maximum and minimum values for each projection year across the IEO2023 Reference case and side cases. We […]

Deal Spotlight

Deal Spotlight Episode 1 Part 1 – The guys cover the Eddy County and Matador in the Wolfcamp A. Got Questions on oil and gas investment evaluations.

November 30, 2023 Stu Turley

Welcome to the Deal Spotlight! #podcast #alternativeinvestment Because of the enormous requests from investors evaluating oil and gas, we are starting a new series showing people how to assess oil and gas M&A or invest. […]

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