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Home2023November

Month: November 2023

Brent
Crude Oil News

Brent, US crude futures climb over 2% as OPEC cuts expected

November 21, 2023 Mariel Alumit

Investing Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+ production are expected in the coming weeks. Source: Reuters Brent crude futures were up $2.19 to […]

Kimmeridge
Electrical Generation / Utilities

Potential Chesapeake-Southwestern merger gains support from top investor Kimmeridge

November 21, 2023 Mariel Alumit

World Oil (Bloomberg) — Kimmeridge Energy Management Co., which is among the most active and outspoken U.S. oil and gas investors, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one […]

Alternative Investments

Daily Energy Standup Episode #256 – Nuclear Renaissance, Climate Enron’s Crisis, Canadian Apathy, Wall Street’s ESG Retreat, and Wyoming’s Rare Earth Discovery

November 21, 2023 Andy Del Prado

Daily Standup Top Stories Vast Reserves of Rare Earth Metals Found at Wyoming Coal Mine November 20, 2023 Mariel Alumit When an Appalachian-based company begins operations at a Wyoming coal mining site late this year, the […]

Crude Oil News

China and Saudi Arabia set up currency swap line – Petro Dollar Dies Sooner Than Later

November 20, 2023 Mariel Alumit

BEIJING, Nov 20 (Reuters) – The People’s Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks […]

ERCOT
Coal

ERCOT’s latest failure shows: we can’t backtrack on reliability

November 20, 2023 Mariel Alumit

The regional electric grid operator in Texas, the Electric Reliability Council of Texas (ERCOT), sent a request to stakeholders earlier this year asking for more reserve generating capacity for this upcoming winter when electricity demand is typically […]

California leads the United States
EIA News

Natural gas combined-cycle power plants increased utilization with improved technology

November 20, 2023 Mariel Alumit

November 20, 2023 Data source: U.S. Energy Information Administration, Form EIA-860M, Monthly Electric Power Industry Report The average utilization rate (or capacity factor) for the entire U.S. fleet of combined-cycle natural gas turbine (CCGT) electric […]

Canadians
Climate Crisis

FIRST READING: Canadians appear to have stopped caring about climate change

November 20, 2023 Mariel Alumit

In a recent Angus Reid Institute survey, Canadians were asked which political party they would prefer to manage the country’s climate change file. The winner was the Conservative Party of Canada; 28 per cent wanted the […]

Nuclear
Net Zero

A Nuclear Renaissance Is the Best Path Forward

November 20, 2023 Mariel Alumit

For decades, the fruits of the fracking revolution, plus our newly minted status as the world’s top net exporter of natural gas, demonstrated that American consumers were swimming in bountiful energy. But as the pandemic effects of […]

Enron
Climate Crisis

Climate Enron May Be Heading for a Crash

November 20, 2023 Mariel Alumit

The modern American version of “the environmental emperor has no clothes” until now has been the rise and fall of Enron. As former Ken Lay speechwriter Robert Bradley, Jr., says, “(T)he cause of Enron’s financial bankruptcy […]

Coal
Coal

Vast Reserves of Rare Earth Metals Found at Wyoming Coal Mine

November 20, 2023 Mariel Alumit

When an Appalachian-based company begins operations at a Wyoming coal mining site late this year, the energy and enthusiasm around the work may focus more on its energy transition potential than old-school fossil fuel. Ramaco […]

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