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Home2024March

Month: March 2024

Green-Plating™
Coal

Green-Plating™ the Grid: How Utilities Exploit the “Energy Transition” to Rake In Record Profits

March 10, 2024 Stu Turley

ENB Pub Note: This article is from the Energy Bad Boys Substack! I have invited them on the Energy News Beat podcast and am getting it scheduled. We recommend subscribing and supporting them! Tell them […]

Unrealized Losses
Finance

The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count

March 10, 2024 Mariel Alumit

In 2024, some banks will fail. In 2023, five banks failed. In 1989, over 500 banks failed. Since 1936, there were only 5 years without bank failures.  By Wolf Richter for WOLF STREET. The rate-cut-mania-inspired plunge in longer-term yields […]

Iran
Crude Oil News

Iran’s Revolutionary Guards Capture Oil Tanker Amid Sanctions Dispute

March 9, 2024 Stu Turley

The Marshall Islands-flagged tanker Advantage Sweet was seized by Iran, with Tehran claiming retaliation for American sanctions and planning to use the oil sale proceeds to aid epidermolysis bullosa patients. The US State Department criticized […]

Nuclear
International News

Italy presses ahead with nuclear as energy transition tool after 30-plus-year hiatus

March 9, 2024 Stu Turley

The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating […]

ENB Daily Standup

Daily Energy Standup Episode #325 – Weekly Recap: Gas Field Restart, Offshore Wind Turbulence, and Internet Disruption

March 9, 2024 Andy Del Prado

Daily Standup Top Stories TotalEnergies upholds March restart date for Denmark’s largest natural gas field March 2, 2024 Stu Turley TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has confirmed the previously set restart […]

Gold price
Finance

Gold price closes in on $2,200/oz after US jobs data

March 8, 2024 Stu Turley

  Gold extended its rally to a new record high and is now closing in on the $2,200/ounce level after a key US jobs report bolstered expectations that the Federal Reserve will soon cut interest […]

Oil
Crude Oil News

Oil Settles in Tightest Weekly Range Since 2021

March 8, 2024 Mariel Alumit

Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]

nuclear power
AI

The AI industry is pushing a nuclear power revival — partly to fuel itself

March 8, 2024 Mariel Alumit

Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they have another incentive to promote it: artificial […]

South Africa
International News

South Africa Needs To Use Its Abundant Domestic Natural Gas To Fix Its Energy Crisis Today.

March 8, 2024 Mariel Alumit

By NJ Ayuk, Executive Chairman, African Energy Chamber South Africans don’t want to breathe clean air in the dark. Energy woes are synonymous with South Africa right now. As the country’s fleet of mostly coal-powered […]

natural gas
Energy Tech

Powering seafood farming with natural gas

March 8, 2024 Mariel Alumit

The gelid temperature of minus 161.5 degrees Celsius is cold enough to kill any sign of life on the planet. A group of engineers in Shenzhen, however, has found a way to turn extreme cold […]

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