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Home2023

Year: 2023

Price
EIA News

U.S. crude oil exports reached a record high in first half of 2023

October 10, 2023 Mariel Alumit

 October 10, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil exports in the first half of 2023 averaged 3.99 million barrels per day (b/d), which is a record […]

COP
Climate Crisis

The Peak Oil Demand Debate Is Sure To Dominate COP 28

October 10, 2023 Mariel Alumit

The tensions between fossil fuel lobbyists and environmentalists have been tangible at recent Un Climate Change Conferences, and this year’s won’t be any different. COP 28, which will be held from November 30th through to […]

Russia
Exports

Russia Lifts Ban on Diesel Exports

October 10, 2023 Mariel Alumit

Russian authorities have allowed their large producers to resume seaborne exports of diesel in an apparent bid to avoid any negative impact on oil production, as the country’s market is unable to absorb the additional […]

Energy
International News

Exclusive: Siemens Energy considers factory, office closures at wind division -sources

October 10, 2023 Mariel Alumit

FRANKFURT, Oct 9 (Reuters) – Siemens Energy (ENR1n.DE) is considering shutting down Siemens Gamesa factories and sales offices as part of a review aimed at reducing losses at the wind turbine business, three people familiar with the […]

Electric Vehicles

Rivian Owner Shocked By $41,000 Repair Bill For Minor Damage

October 10, 2023 Mariel Alumit

Rivian R1T pickup owners should be wary of even minor fender benders, as the vehicle’s complex design could result in a massive repair bill. EV blog InsideEVs says the owner of a Rivian R1T pickup […]

Price
Political

RFK Jr. Ditches Democrats To Pursue 2024 Presidential Bid As An Independent

October 10, 2023 Mariel Alumit

Update (1256ET): As anticipated, Robert F. Kennedy Jr. withdrew from the Democratic primary to pursue a run as an independent presidential candidate in 2024. “I’m here to declare himself an independent candidate for president of […]

Crypto

Volcano Energy Bitcoin Mining Pool Goes Live

October 10, 2023 Mariel Alumit

Authored by Nik Hoffman via BitcoinMagazine.com, Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador’s inaugural Bitcoin mining pool powered by abundant renewable geothermal energy. Volcano Energy, a unique public-private […]

Crude Oil News

The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

October 10, 2023 Mariel Alumit

By Simon Watkins of Oilprice.com In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on […]

Climate Crisis

ESG Investments Face Financial Hurdles

October 10, 2023 Mariel Alumit

Authored by Felicity Bradstock via OilPrice.com, Investments in ESG, popularized in 2020 and 2021, are seeing disappointing returns, causing concern among financial experts. Recent trends show withdrawals from sustainable funds, with companies like Blackrock and […]

Alternative Investments

Daily Energy Standup Episode #226 – Energy Turbulence: Oil Prices Surge, Gulf of Mexico Impact, and OPEC’s Forecast

October 10, 2023 Andy Del Prado

Daily Standup Top Stories Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next. October 9, 2023 Mariel Alumit Oil prices were climbing sharply on Monday in reaction to the attack on Israel by […]

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