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Home2023

Year: 2023

China
Energy Crisis

Why’d China Agree To Such A Fiercely Anti-Iranian Joint Statement With The GCC?

December 14, 2023 Stu Turley

ENB Pub Note: An interesting view on the Middle East drama unfolding. Andrew Korybko has a substack that I recommend reading and supporting. While I do not agree with all of his articles or summaries, […]

Energy
Big Oil Companies

COP28’s Historic Deal Cements a Role for Big Oil’s Priorities

December 14, 2023 Stu Turley

Need for transitional fuels, CO2 capture cited in final text Big Oil has long promoted natural gas as bridge to renewables The historic COP28 deal, which committed the world to the transition away from fossil fuels, […]

Buffett
Big Oil Companies

Buffett Backs Occidental’s Acquisition of CrownRock by Buying More Stock

December 14, 2023 Mariel Alumit

Warren Buffett’s Berkshire Hathaway bought close to $590 million worth of Occidental Petroleum stock this week after the latter announced it would acquire Permian oil driller CrownRock. Occidental said it will buy CrownRock for cash […]

California leads the United States
EIA News

California leads the United States in electric vehicles and charging locations

December 14, 2023 Stu Turley

December 14, 2023 Data source: U.S. Energy Information Administration, State Energy Data System Note: Data are for end of year. EV=electric vehicle. California has led the United States in the number of electric vehicles (EVs) […]

Russia
ENB Pub Note

Putin: Russia becoming ‘new global growth centre’ as West ‘rests on laurels’

December 14, 2023 Mariel Alumit

ENB Pub Note: “Sanctions do not work as intended”- Irina Slav. She has a great definition and is extremely accurate. The weaponization of the US dollar has accelerated the demise of the United States financial […]

Energy
Climate Crisis

USA Energy Groups Respond to COP28 Outcome

December 14, 2023 Mariel Alumit

Several U.S. energy groups have responded to the outcome of the COP28 climate summit, which wrapped up earlier this week. The COP28 website highlighted that the summit concluded “with a historic agreement by 198 Parties […]

solar
Electrical Generation / Utilities

‘Energy droughts’ in wind and solar can last nearly a week, research shows

December 14, 2023 Mariel Alumit

Solar and wind power may be free, renewable fuels, but they also depend on natural processes that humans cannot control. It’s one thing to acknowledge the risks that come with renewable energy: the sun doesn’t […]

Production
Crude Oil News

OPEC Production Falls While U.S. Oil Output Hits New High

December 14, 2023 Mariel Alumit

OPEC MOMR: OPEC’s crude production fell in November for the first time in months. OPEC: U.S. oil output continued to reach new highs. Venezuela and Libya, which are exempted from the OPEC+ deal, saw their […]

Bulgaria
International News

Bulgaria Removes Gas Transit Tax to Ease Tensions with Hungary and Secure Schengen Membership

December 14, 2023 Mariel Alumit

Bulgaria has announced that it will remove the tax on the transfer of Russian gas passing through its territory in transit after Hungary threatened to block its application to join the Schengen area, the British newspaper revealed The […]

Fed
Finance

Fed holds rates steady, indicates three cuts coming in 2024

December 14, 2023 Mariel Alumit

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With the inflation rate easing and […]

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