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Home2024March

Month: March 2024

Oil Price
Crude Oil News

BofA Reveals Where it Sees The Oil Price Heading

March 2, 2024 Stu Turley

In a BofA Global Research report sent to Rigzone this week, analysts revealed where they see the oil price heading in the near and mid-term. “Robust U.S. shale supply growth, warm winter weather, more renewables, […]

Vienna
Geopolitical

Vienna agrees to fund 40km pipeline to boost gas independence from Russia

March 2, 2024 Mariel Alumit

The Austrian government has agreed to provide an undisclosed part of €200 million for building a pipeline to boost the country’s ability to import natural gas via Germany, amid growing political pressure to reduce dependence […]

Inflation
Finance

Inflation Saga Far from Over: Services Inflation in Euro Area Just as Stubborn as in the US, Makes Very Disconcerting Moves

March 2, 2024 Mariel Alumit

Over the three months through February, services inflation has been running at roughly the same hot rate as during the peak a year ago. By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, […]

Carbon Capture

Daily Energy Standup Episode #320 – Weekly Recap: Challenges Mount: From Net-Zero Risks to Homebuilding Struggles

March 2, 2024 Andy Del Prado

Daily Standup Top Stories Net Zero’s days are numbered February 24, 2024 Stu Turley If a week is a long time in politics, then 2023 belongs to a different age in the politics of Net Zero. […]

Critical Metals
Critical Minerals

Newly created Critical Metals on track to construct EU’s first battery-grade lithium mine 

March 1, 2024 Mariel Alumit

  The company that owns Europe’s first fully permitted lithium mine made its debut with a bang on the Nasdaq this week, as European Lithium (ASX: EUR) merged with Sizzle Acquisition Corp to create Critical Metals […]

Global uranium production
Critical Minerals

IsoEnergy to reopen Tony M uranium mine in Utah

March 1, 2024 Mariel Alumit

  IsoEnergy (TSXV: ISO) will reopen its Tony M mine in Utah and aims to restart uranium mining production operations in 2025. The decision, IsoEnergy said, is underpinned by rising uranium prices and follows Energy […]

Gold price
Finance

Gold price hits two-month high as momentum builds for Fed rate cut

March 1, 2024 Mariel Alumit

  Gold prices rose by nearly 1.5% to a two-month high on Friday as disappointing US factory data and a drop in consumer sentiment reinforced bets on the possibility of interest rate cuts later in […]

Rubio
Cyber Terrorism

Rubio warns Chinese cyberattack ‘will be 100 times worse’ than AT&T outage: ‘Your power, your water’ – Update 3-2-2024

March 1, 2024 Stu Turley

ENB Pub Note:  The sad part about this story from Fox News is that the Biden Administration has allowed the United States to be defenseless to these cyber and physical attacks. Between the open border […]

oil
Crude Oil News

Anti-oil-and-gas bill ‘a looming disaster for Colorado’ | PODIUM

March 1, 2024 Mariel Alumit

On some level Colorado will always be an attractive place to do business. Our intangibles are nearly unbeatable — the weather, the incredible access to an outdoor lifestyle a healthy and thriving populace — but […]

Oil and Gas Production
Crude Oil News

Has Oil and Gas Production Been Affected by the Texas Wildfires?

March 1, 2024 Mariel Alumit

A Texas Railroad Commission (RRC) spokesperson has revealed to Rigzone that the organization has not seen an overall impact on production, despite wildfires in the state. “We understand production may fluctuate as companies take measures […]

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