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Home2023November

Month: November 2023

TotalEnergies
Big Oil Companies

TotalEnergies Closes Sale of Fort Hills Oil Sands to Suncor

November 22, 2023 Mariel Alumit

TotalEnergies has completed the sale of TotalEnergies EP Canada Ltd., which holds a 31.23 percent working interest in the Fort Hills oil sands mining project, to Suncor Energy Inc. Aside from the Fort Hills asset, […]

Coal
Coal

Glencore Adds Teck’s Mines To Its Global Coal Business

November 22, 2023 Mariel Alumit

Unintended but not unexpected is one way of describing what’s happening to the price of steel-making coal as governments suppress supply in the face of steady demand growth, a perfect recipe for a higher price. […]

energy
Real Estate

Residential solar power saves less energy than expected

November 22, 2023 Mariel Alumit

Imagine a household that consumes 1,000 kilowatt hours of energy per month. Then they install solar panels on their roof that generate 500 kilowatt hours of electricity per month on average. How much should their […]

ESG
ESG

The Dramatic Downfall of ESG Investing

November 22, 2023 Mariel Alumit

Investors withdrew $14.2 billion from U.S. sustainable funds over the past year. Global renewable energy funds experienced record outflows in Q3 2023, with stocks plummeting amid rising costs and market challenges. Political and regulatory changes, […]

Pledge
Energy Transition

A Massive U.S.-Led Pledge Could Be A Global Gamechanger

November 22, 2023 Mariel Alumit

The United States is preparing to announce a pledge to triple the world’s production of nuclear energy by 2050, with more than 10 countries on four continents already signed on to the first major international […]

Golar
LNG

Golar makes progress on FLNG plans

November 22, 2023 Mariel Alumit

Golar LNG said it continues to progress the company’s FLNG growth pipeline, while it is now in detailed commercial discussions to recharter its Hilli FLNG. The LNG firm led by Tor Olav Trøim said in […]

Gorgon LNG
Big Oil Companies

Chevron says third Gorgon LNG train returns to full production

November 22, 2023 Mariel Alumit

The third liquefaction train at Chevron’s giant Gorgon LNG plant in Western Australia has returned to full production, Chevron told LNG Prime on Wednesday. A Chevron spokesperson said that Gorgon Train 3 had returned to […]

India and Russia
Geopolitical

India and Russia hold joint naval drills

November 22, 2023 Mariel Alumit

22 Nov, 2023 06:47 HomeIndia The joint exercise in the Bay of Bengal is aimed at countering global threats and ensuring safe shipping in the Asia-Pacific region, Moscow said The Russian and Indian navies are […]

Clean Energy
Energy Tech

Clean Energy start-ups are struggling as they wait for government aid

November 22, 2023 Mariel Alumit

Oil Price Some American clean energy and technology startups are struggling to keep afloat while waiting for the U.S. Administration to disburse the pledged loans and funds under the landmark Inflation Reduction Act (IRA). Source: […]

Giant batteries
Electrical Generation / Utilities

Giant batteries drain economics of gas power plants

November 22, 2023 Mariel Alumit

Nasdaq LONDON – Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide. Source: Reuters The long-term economics […]

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