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Home2023

Year: 2023

Cummins
Natural Gas

Cummins predicts huge growth in natural gas engines

October 31, 2023 Mariel Alumit

Cummins Inc. predicts its new 15-liter natural gas engine designed for heavy-duty and on-highway applications could lead to a five-fold growth in customers for the alternative powertrain. It overcomes complaints about low power and torque […]

oil
Crude Oil News

World Bank warns oil price could soar to record $150 a barrel

October 31, 2023 Mariel Alumit

Escalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank Oil prices could soar to a record high of more than $150 a barrel if the war between […]

fossil
Coal

Why fossil fuels are here to stay

October 31, 2023 Mariel Alumit

A report from the International Energy Agency (IEA), published last week, claims that the world will reach peak demand for oil, coal and gas by 2030. This has been seized on by the likes of […]

Panama
Critical Minerals

First Quantum shares plunge as its giant Panama copper mine faces referendum on future

October 31, 2023 Mariel Alumit

The future of one of the world’s biggest and newest copper mines has been cast into doubt after Panama’s government said it will hold a referendum on the project as it attempts to quell mass unrest. The […]

Gas
Downstream

Enterprise Products Doubles Down on Gas Liquids With Pipelines, Processing Plants

October 31, 2023 Mariel Alumit

HOUSTON (Reuters) – Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas’ Permian Basin, new plants to process natural gas, and converting an oil pipeline […]

Panama Canal
EIA News

Drought at the Panama Canal delays energy shipments, increasing shipping costs

October 31, 2023 Mariel Alumit

October 31, 2023 Data source: Panama Canal Authority, Argus Freight A drought is limiting ship traffic through the Panama Canal. The resulting delays caused shipping rates through the Panama Canal for Very Large Gas Carriers […]

Pacific Islands
Aljazeera International

Pacific Islands the world’s most aid-reliant region, report finds

October 31, 2023 Mariel Alumit

News|Business and Economy The Pacific Islands are the world’s most aid-reliant region, according to a new survey, as geopolitical competition for influence fuels record levels of development assistance. Between 2008 and 2021, the Lowy Institute […]

growth
Finance

Sluggish German growth sparks recession fears

October 31, 2023 Mariel Alumit

31 Oct, 2023 08:09 HomeBusiness News The Eurozone’s industrial powerhouse has continued to weaken, official data shows Germany’s GDP fell 0.1% in the third quarter from the previous three months, the Federal Statistical Office reported […]

Putin
Geopolitical

Anti-Semitic riot in Russia, Gaza war, fate of ‘US-run world’: Main takeaways from Putin’s security meeting

October 31, 2023 Mariel Alumit

The president spoke to government officials after a pro-Palestinian mob stormed an airport in Dagestan President Vladimir Putin attended a meeting with members of Russia’s Security Council and other top government officials on Monday, discussing […]

China's
Geopolitical

China’s Belt-And-Road Rescue Lending Soars

October 31, 2023 Mariel Alumit

As China’s Belt and Road Initiative enters its second decade, the country has been celebrating with much pomp and many global leaders in attendance. But, as Statista’s Katharina Buchholz details below, China’s high-level infrastructure and […]

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