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Home2023December

Month: December 2023

Climate
Climate Crisis

Climate Change Is Not Threatening Human Health

December 11, 2023 Mariel Alumit

It has become all too common in the media, especially every time another United Nations climate conference like COP28 takes place, to blame every problem on climate change. The media and their go-to climate pundits […]

geothermal
Energy Transition

Going underground: Unlocking the potential of geothermal mine water in Scotland

December 11, 2023 Mariel Alumit

One of the biggest challenges with heating homes from renewable sources is the reliability of energy supplies during different seasons and types of weather – yet geothermal heat has much to offer. The main misconception […]

India
Coal

India, China skip signing renewable power pledge at COP28, 118 countries sign

December 11, 2023 Mariel Alumit

India and China have not signed the global renewable and energy efficiency pledge at this year’s Conference of Parties (COP28) climate summit, held in Dubai. The pledge was to triple the global renewable energy target […]

Global
ESG

Global Woke Investments Drop $5 Trillion in 2-year Span

December 11, 2023 Mariel Alumit

Global investments using “woke” environmental, social, and governance (ESG) standards led to trillions of dollars of losses in a two-year span, especially in the U.S., according to a recent report. The biannual assessment by the Global Sustainable […]

Crude Oil News

Occidental to Acquire CrownRock, Strengthening its U.S. Onshore Portfolio with Premier Permian Basin Assets

December 11, 2023 Stu Turley

Acquisition, valued at approximately $12.0 billion, generates immediate free cash flow accretion CrownRock’s well-positioned assets expand Occidental’s scale in the Midland Basin CrownRock’s development-ready inventory high-grades Occidental’s premier Permian Basin portfolio and increases low-breakeven inventory […]

EU
Energy Crisis

Top EU officials meet with Xi in China summit with trade in focus

December 11, 2023 Mariel Alumit

Top EU officials met Chinese President Xi Jinping in Beijing on Thursday for their first in-person summit in four years to discuss issues ranging from trade imbalances to Ukraine, with an agenda full of tough […]

Big Oil Companies

Occidental to Buy Oil Driller CrownRock for $10.8 Billion

December 11, 2023 Stu Turley

ENB Pub Note: Michael and Stu are filming an episode of the ENB Deal Spotlight on this deal and pushing out on the ENB channels. Stay tuned for an evaluation of a public oil company […]

UN climate chief
Climate Crisis

UN climate chief slams opponents of fossil fuel phase-out at COP28

December 11, 2023 Stu Turley

The UN’s climate chief has urged countries to lift “tactical blockades” to a deal to phase out fossil fuels. Speaking 24 hours before the COP28 climate summit draws to a close, Simon Stiell called on […]

Dynagas LNG Partners
Earnings

Dynagas LNG Partners reports lower net income in Q3

December 11, 2023 Stu Turley

Dynagas LNG Partners, the owner of six LNG carriers which operate under long-term charters, reported a drop in its net income for the July-September period. The NYSE-listed limited partnership formed by shipowner Dynagas posted a […]

Spanish LNG imports down
Imports

Spanish LNG imports down, reloads up in November

December 11, 2023 Stu Turley

Spanish liquefied natural gas (LNG) imports dropped in November while reloads rose compared to the same month last year, according to Enagas. LNG imports decreased by 14 percent to about 22.8 TWh in November and […]

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