An investigation into the growing industry of “carbon offset” schemes has found that most of these “green” projects are “likely junk or worthless.” The UK’s left-wing Guardian newspaper launched a joint investigation with Corporate Accountability, […]
(Bloomberg) — Treasury Secretary Janet Yellen said the US is preparing to crack down on evasion of the Group of Seven’s price cap on Russian oil, as recent market prices signal that the mechanism may […]
Q: Could you briefly explain the current structure of the electricity marketplace in the United States? A: I should start with a warning—electricity markets are so complicated that most people choose not to dive into […]
In a statement sent to Rigzone late Friday, Enverus Intelligence Research (EIR) Director Andrew Dittmar told Rigzone that, “per late-breaking media reports, ExxonMobil (XOM) is closing in on a historic shale deal by acquiring Permian juggernaut […]
After a fruitful 2023 state legislative session, Gov. Gavin Newsom on Oct. 7 signed every major climate and clean energy bill that came to his desk. They included bills that will speed our way to […]
OPEC raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change. Oil consumption will climb 16% over the […]
Oil prices were climbing sharply on Monday in reaction to the attack on Israel by Hamas. Energy stocks rose as traders watched how the conflict is set to affect oil production and transportation in the Middle East. […]
WASHINGTON, October 6, 2023 – The American Petroleum Institute (API) released new analysis that outlines the potential consequences of new vessel restrictions on American oil and gas workers in the U.S. Gulf of Mexico. The […]
Just over three decades ago, the United Nations Framework Convention on Climate Change (UNFCCC) was signed by President George H. W. Bush in Rio de Janeiro. It has one objective: to stabilize concentrations of greenhouse gases in […]
(Bloomberg) – Global financial markets already rattled by elevated interest rates now face a fresh dose of geopolitical uncertainty following Hamas’s surprise attack on Israel. Saturday’s strike and Israel’s subsequent declaration of war risk unnerving […]
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