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Home2023

Year: 2023

Invenergy
Energy Crisis

Invenergy’s 5-GW Grain Belt transmission project faces continued opposition at FERC

October 24, 2023 Mariel Alumit

Dive Brief: The Missouri Landowners Alliance on Friday urged the Federal Energy Regulatory Commission to require Invenergy to re-apply for permission to offer capacity on the $7 billion, 5-GW Grain Belt Express transmission project at negotiated rates. […]

Coal

German Coal Plants May Have To Remain On Standby Longer Than Planned

October 24, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, The German government is considering whether to extend the period in which old coal-fired power plants would be asked to remain on standby for emergency backup beyond the currently […]

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Big Oil Companies

Analysis: Mega transatlantic oil mergers less likely after Exxon, Chevron deals

October 24, 2023 Mariel Alumit

Yahoo Finance LONDON – The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said. Source: […]

Finance

US Still Dominates The World’s Largest Stock Exchanges

October 24, 2023 Mariel Alumit

Today, there are roughly 80 major stock exchanges worth a combined $110.2 trillion in value. The world’s top two exchanges, the New York Stock Exchange (NYSE) and the Nasdaq, command 42.4% of global market capitalization. Despite the […]

ENB Daily Standup

Daily Energy Standup Episode #236 – Insights into Transmission Challenges, Energy Transition Delays, and Major Industry Moves

October 24, 2023 Andy Del Prado

Daily Standup Top Stories Invenergy’s 5-GW Grain Belt transmission project faces continued opposition at FERC October 23, 2023 Mariel Alumit Dive Brief: The Missouri Landowners Alliance on Friday urged the Federal Energy Regulatory Commission to require Invenergy to […]

Crude Oil News

Oil slips as investors watch diplomatic moves in Gaza war

October 23, 2023 Mariel Alumit

CNBC Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas. Source: […]

Big Oil Companies

Oil heavyweights Chevron, Repsol, Eni to benefit from Venezuelan sanctions relief

October 23, 2023 Mariel Alumit

World Oil (Bloomberg) – Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that U.S. sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply […]

Exploration and Production

New natural gas investments are crucial to prevent price shocks

October 23, 2023 Mariel Alumit

Oil Price Unprecedented uncertainty in natural gas demand and policies and low levels of investment in new production risk creating fresh energy crises and undermining energy security and climate goals as it would stall the […]

Israel-Hamas
Geopolitical

Israel-Hamas war stokes demand for Iron Dome ammo – WSJ

October 23, 2023 Mariel Alumit

The conflict has reportedly revived US interest in making munitions for West Jerusalem’s missile defense system The Israel-Hamas war has reportedly created a potential opportunity for US weapons manufacturers to make missiles for West Jerusalem’s […]

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