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Home2024April

Month: April 2024

Russia
Crude Oil News

EU’s Proposed Russia Sanctions to Target More Ships

April 26, 2024 Mariel Alumit

BRUSSELS, April 24 (Reuters) – The European Commission is expected to propose sanctions on ships delivering North Korean military equipment to Russia as well as tankers that flout the G7 price cap on Russian oil, European Union sources said […]

Ford
Earnings

Ford just reported a massive loss on every electric vehicle it sold

April 26, 2024 Mariel Alumit

New YorkCNN — Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping […]

FTC
Energy Crisis

To Appease Environmentalists, the FTC Will Cripple U.S. Energy

April 26, 2024 Mariel Alumit

In the movie The Perfect Storm, George Clooney and Mark Wahlberg are among the crew of a boat off the Northeast coast that is caught in the convergence of multiple powerful storms. The combination of tempests […]

US LNG exports
Exports

US LNG exports climb to 22 shipments

April 26, 2024 Mariel Alumit

US liquefied natural gas (LNG) exports rose in the week ending April 24 compared to the week before, according to the Energy Information Administration. The agency said in its weekly report that 22 LNG carriers […]

energy storage
Energy Storage

Global energy storage market booms

April 26, 2024 Mariel Alumit

The global energy storage market is witnessing a significant surge, with deployments in 2023 tripling compared to the previous year and forecasts anticipate continued growth in 2024. That’s according to the latest report by BloombergNEF, […]

UK
Biofuel

UK sets 10% sustainable aviation fuel target by 2030

April 26, 2024 Mariel Alumit

The UK Government has announced plans to mandate 10% of jet fuel used in UK flights from sustainable sources by 2030 and 22% by 2040. The UK’s Sustainable Aviation Fuel (SAF) mandate, subject to parliamentary […]

Aberdeen
Biofuel

New energy from waste facility opens in Aberdeen

April 26, 2024 Mariel Alumit

Leaders from Aberdeen City, Aberdeenshire, and Moray Councils officially opened the NESS Energy from Waste facility, emphasising its role in sustainable waste management. Located in East Tullos, the plant processes around 150,000 tonnes of non-recyclable […]

UK
International News

UK gas production drops by 9%

April 26, 2024 Mariel Alumit

Gas production in the UK dropped by 9% in the three-month period leading up to February 2024 compared to the same period in the previous year. Government data shows that imports decreased by 15% due […]

Iran
Geopolitical

U.S. Fixation on Nuclear Deal Let Iran Loose on the Middle East

April 26, 2024 Mariel Alumit

Washington’s shortsighted policies enabled Tehran and its proxies to destabilize the region. The United States has dropped the ball on Iran. Had Washington come up with a comprehensive strategy to address Tehran’s destabilizing role in […]

Qatar
Geopolitical

Qatar Is Ready to Call Netanyahu’s Hostage Bluff

April 26, 2024 Mariel Alumit

Frustrated by Israel’s negotiating position, Doha is threatening to walk away. Qatar, the small emirate on the Persian Gulf, has long enjoyed unmatched influence over Hamas, the ruling power in Gaza. It is now threatening […]

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