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Home2024April

Month: April 2024

wind and solar projects
Climate Crisis

Backlash against wind and solar projects is real, it’s global and it’s growing

April 5, 2024 Mariel Alumit

All around the world, big solar and wind projects are being rejected. From rural England to the Osage Nation in Oklahoma, local communities are telling alt-energy developers to take their projects and put them where the sun […]

BRICS
BRICS

BRICS Push Currency Swap With 29 Countries Worth $550 Billion

April 5, 2024 Mariel Alumit

BRICS member China is looking to promote local currency swaps with 29 developing countries worth 4 trillion Yuan, which is equivalent to $553.49 billion. The bilateral currency swaps could facilitate trade and investment options by […]

Energy
Energy Crisis

Foreign Producers are Reaping the Rewards of California’s Energy Shutdown

April 5, 2024 Mariel Alumit

The U.S. Energy Information Administration’s (EIA) latest oil production figures show that Governor Newsom’s shutdown policies are taking hold. According to EIA data, California’s Q1-Q3 2023 production fell 12.5% compared to the same period in 2022. […]

Oil
Crude Oil News

Wall Street Remains On The Sidelines as Oil Jumps to $90

April 5, 2024 Mariel Alumit

After a slow start to the year, energy has emerged as the sector to watch with crude oil futures soaring to a five-month high in the wake of escalating geopolitical tensions in the Middle East. […]

Cedar LNG
LNG

Cedar LNG issues notice to proceed to SHI and Black & Veatch, expects FID by mid-2024

April 5, 2024 Stu Turley

Canada’s Pembina Pipeline and the Haisla Nation have issued a notice to proceed to Samsung Heavy Industries and Black & Veatch for Cedar LNG’s floating LNG production unit following the finalization of long-term commercial offtake […]

Pavilion Energy
Big Oil Companies

Shell, Aramco in final stage of Pavilion Energy talks- sources

April 5, 2024 Mariel Alumit

LONDON/SINGAPORE, April 5 (Reuters) – Shell (SHEL.L), and Saudi Aramco (2222.SE),  which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the […]

Offshore Wind
Energy Crisis

Big Blow: Offshore Wind Power’s Devastating Costs and Impacts on North Carolina

April 5, 2024 Mariel Alumit

One of President Joe Biden’s day-one executive orders sought to double offshore wind by 2030, and North Carolina Governor Roy Cooper issued an executive order for developing 2.8 gigawatts (GW) of wind turbine-generated energy by 2030 and 8 GW […]

wind turbines
ENB Pub Note

Research finds wind turbines are threatening bird and bat populations — but experts have some incredibly simple solutions

April 5, 2024 Mariel Alumit

ENB Pub Note: While this sounds great as a technology solution to save 50% of the bats killed by wind installations, it is still horrific. We can’t loose sight of the fact that the wind […]

Biden
Electrical Generation / Utilities

Biden Changes Course On A Major Power Grid Rule After Backlash

April 5, 2024 Mariel Alumit

In the years before the United States’ aging network of electrical grids began heaving under the pressure of record-breaking storms and heat waves, demand for transformers — the connective tissue of the power system — […]

UAE
Crude Oil News

Oil Surges Over $90 as UAE Cuts Diplomatic Ties with Israel

April 5, 2024 Mariel Alumit

At this point Israel’s ties with key Gulf countries like the UAE are near breaking point, after only a few short years ago diplomatic normalization was hailed through Trump’s Abraham accords. But international and Israeli […]

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