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  • [ October 24, 2025 ] Valero Charges Forward with California Refinery Shutdown: Newsom’s Net Zero “Victory” Accelerates the Exodus of Oil and Gas from the Golden State Crude Oil News
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  • [ October 23, 2025 ] Spain’s Clean Energy Dilemma – Who is going to pay for the grid stabilization? Electrical Generation / Utilities
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Home2024January

Month: January 2024

Crude Oil News

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

January 4, 2024 Mariel Alumit

Yahoo Finance NEW YORK (Reuters) –Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that tensions in the Middle East could reduce global oil supplies. Brent futures […]

Crude Oil News

OPEC+ to resume regular oil market monitoring meetings in February after fresh production cuts

January 4, 2024 Mariel Alumit

World Oil (Bloomberg) – OPEC+ will resume its regular oil market monitoring meetings with an online session early next month, delegates said. The Joint Ministerial Monitoring Committee, which includes group leaders Saudi Arabia and Russia, […]

Crude Oil News

“Oil Five” sovereign wealth funds pass $4 trillion mark

January 4, 2024 Mariel Alumit

Oil Price The sovereign wealth funds of the Gulf Cooperation Council members topped $4 trillion last year, which was an all-time high. Called the “Oil Five”, the group of top sovereign wealth funds includes three […]

Electrical Generation / Utilities

Spain Increases its Renewable Share but Soon May Need to Replace its Windmills

January 4, 2024 Stu Turley

Over half of Spain’s electricity was generated from renewable energy in 2023, and a new government proposal sets a goal of 80 percent by 2030 at a cost of $322 billion. Spain’s new government goal […]

Big Oil Companies

Daily Energy Standup Episode #279 – OPEC Monitoring, Legal Setback for Gas Ban, Chevron’s Regulatory Woes, and Oil Price Surge

January 4, 2024 Andy Del Prado

Daily Standup Top Stories OPEC+ set to hold monitoring meeting in early February January 3, 2024 Allen Santos Nasdaq LONDON/DUBAI, Jan 2 (Reuters) – OPEC+ plans to hold a meeting of its Joint Ministerial Monitoring Committee […]

Lithium
Critical Minerals

Commentary – Lithium Prices: What They Tell Us About the Popularity of Electric Vehicles – Jim Warren

January 3, 2024 Mariel Alumit

The online database, Trading Economics, indicates that in June 2023 the global price for lithium had risen to $59,212 per tonne. But by November it had fallen by more than half to $27,218. Prices have […]

Libya
Crude Oil News

Libya’s largest oil field halts production followings protests

January 3, 2024 Mariel Alumit

(Bloomberg) – Libya’s largest oil field halted production after protesters entered the facility, according to a person with direct knowledge of the operations. Libya’s Sharara oil field The country’s National Oil Corp. had warned earlier […]

Grid
Energy Crisis

The Needs of the Grid Are Changing — Our Infrastructure Must Change With Them

January 3, 2024 Mariel Alumit

When I bought my first home — a 50-year-old fixer-upper ­in a small town — I couldn’t run my hair dryer and the microwave at the same time without tripping a circuit. I had to […]

EPA
Climate Crisis

Expect Legal Challenges to New EPA Rules on Emissions

January 3, 2024 Mariel Alumit

The U.S. Environmental Protection Agency (EPA) in May 2023 published a proposed rule that would establish new source performance standards (NSPS) and existing source performance standards (ESPS) for greenhouse gas (GHG) emissions from new, modified, reconstructed, and […]

California
Coal

Sunshine and Californication

January 3, 2024 Mariel Alumit

I have always thought of California as a place that is known for its tech savviness, vibrant music scene, the iconic Golden Gate Bridge, and its open values. Incidentally, it’s also the place where many of […]

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