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Home2023November

Month: November 2023

Russia
Geopolitical

The Latest Reports Suggest That Secret Talks Are Taking Place Between The US & Russia

November 8, 2023 Mariel Alumit

It’s premature to speculate about the details of their discussions, but the news items shared in this analysis indicate that they could concern the resumption of peace talks and possible pathways for getting there, including […]

Landowners
Climate Crisis

Germany to Force Landowners to Accept New Renewables Infrastructure

November 8, 2023 Mariel Alumit

(Bloomberg) — German landowners will no longer be able to refuse access if grid operators need to connect renewable infrastructure on their property. The measure — which has sparked criticism from farmers — is part […]

Critical Minerals

Bill Gates-Backed Metals Company Considering “Investing” In Mining In Congo

November 8, 2023 Mariel Alumit

Mr. Saving-Humanity-Singlehandedly-Myself Bill Gates is reportedly backing a mining startup that is getting close to “investing” in the Democratic Republic of Congo – which is, of course, a nice way to say, likely mining there. The […]

Crude Oil News

OPEC+ remains positive on global oil demand before evaluating production cuts

November 8, 2023 Mariel Alumit

World Oil (Bloomberg) – OPEC+ still has a positive outlook for growth in oil demand, despite the headwinds faced by the global economy, as it prepares for its next ministerial meeting. “The economy, despite the challenges, […]

Electrical Generation / Utilities

Maine eyes time-of-use rates to encourage cheaper home electrification

November 8, 2023 Mariel Alumit

​ Maine is considering new kinds of electric rates to encourage more widespread home adoption of electric vehicle chargers and heat pumps while easing the strain these technologies add to the power grid. Central Maine […]

Crude Oil News

Department of Energy invites bids for SPR oil refill

November 8, 2023 Mariel Alumit

Oil Price The Department of Energy has issued an invitation for bids for some 3 million barrels of crude that will go into the strategic petroleum reserve as part of refill efforts. In the announcement, the DoE […]

Climate Crisis

Daily Energy Standup Episode #247 – Sinopec’s LNG Boost, Google’s Electric Bus Glitch, EV Discounts, Stellantis’ Hybrid Ram, Scope 3 Emission Concerns

November 8, 2023 Andy Del Prado

Daily Standup Top Stories Sinopec’s colossal LNG tank bolsters winter gas supply – 541M gallons November 7, 2023 Mariel Alumit China Petroleum & Chemical Corporation (Sinopec) achieved a significant milestone on November 2, 2023, as they officially […]

Power
Coal

Power ministry may refuse World Bank’s coal transition fund plan

November 7, 2023 Mariel Alumit

The power ministry may not participate in the accelerated coal transition investment plan submitted by the World Bank as it is not considering repurposing or retiring any coal-based thermal power plant before 2030, said people with knowledge of the matter. The plan offers […]

QatarEnergy
Exports

QatarEnergy, Sinopec sign “historic” 27-year LNG supply deal

November 7, 2023 Mariel Alumit

​(WO) – QatarEnergy has announced the signing of a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. The two sides also signed a long-term sales and purchase agreement […]

Aramco
Earnings

Aramco Keeps Payout to State, Investors at $29B

November 7, 2023 Mariel Alumit

Aramco maintained its payout to the Saudi government and investors at $29.4 billion, helping state finances amid a widening budget deficit. The world’s biggest crude oil exporter maintained the payout at the preceding quarter’s level despite […]

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