Oil Price Freezing temperatures have slashed North Dakota’s crude oil production by up to 280,000 barrels per day (bpd) in recent days, according to estimates from the North Dakota Pipeline Authority as of Sunday, reported by Reuters. […]
Daily Standup Top Stories Winter Freeze Cuts U.S. Natural Gas Output January 15, 2024 Mariel Alumit Sub-zero temperatures in much of the United States have frozen gas wells, leading to the drop in production to the […]
Condo prices in Toronto carve out two-year low, house prices just a hair behind. By Wolf Richter for WOLF STREET. House prices in Canada have now fallen by 18% from the peak in March 2022 – or by […]
ENERGY REALITIES EPISODE #94 – ENERGY THREATS Highlights of the podcast: 01:25 -Rental giant hertz dumps EVs, including Teslas for gas cars 05:18 – U.S. resumes Russian oil imports and defies sanction. 06:42 – Uranium […]
It’s a cautionary tale with a European twist and implications for Alberta. Spain’s feet-first foray into renewable power has hit a snag after the country will be forced to dismantle more than 36% of its […]
Kuwait Petroleum Corporation (KPC) has announced the setting of the indicative price for Kuwaiti oil at $70 per barrel for the fiscal year 2024/2025, commencing this April. This key financial indicator was reported by Al-Anba […]
UPDATE: By 7:28 a.m., wind output fell to less than 1 per cent of capacity One of the first lessons any new engineering student learns in their materials class is “cold brittle behaviour” of materials. […]
In the wake of a year that saw record electric vehicle adoption achieved alongside weakening consumer demand, a new report from S&P Global Mobility found a transition trend that could indicate more challenges ahead for the sector. After […]
Sub-zero temperatures in much of the United States have frozen gas wells, leading to the drop in production to the lowest in 11 months, Reuters has reported, citing local data. The report added that demand for […]
Investment management giant BlackRock has struck a $12.5 billion deal for Global Infrastructure Partners (GIP) in preparation of an expected surge in worldwide infrastructure needs, driven partly by the low-carbon energy transition. “If we are […]
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