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Home2024May

Month: May 2024

solar farm
International News

UK solar farm decision delayed

May 20, 2024 Mariel Alumit

The Secretary of State for Energy Security and Net Zero, Claire Coutinho, has extended the decision timeline for the Mallard Pass Solar Farm, pushing the deadline back to Thursday, 13th June 2024. This move, announced […]

Loch Ness
Hydro Electric

Giant water battery: Loch Ness to get £3bn hydro power boost

May 20, 2024 Mariel Alumit

Glen Earrach Energy Limited (GEE) has revealed plans for a £3 billion hydroelectric project at Balmacaan Estate near Loch Ness. This pumped storage hydro project aims to generate 30GWh of energy. The project is designed […]

Raisi
Geopolitical

What Raisi’s Death Means for Iran’s Future

May 20, 2024 Mariel Alumit

The president’s sudden death in a helicopter crash creates uncertainty for the country amid regional turmoil. Iranian President Ebrahim Raisi died on Sunday when a helicopter carrying him and a delegation of other Iranian officials […]

Adnoc
Finance

Adnoc buys stake in NextDecade’s Rio Grande LNG project

May 20, 2024 Mariel Alumit

UAE’s Adnoc has purchased an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG export terminal in Texas from Global Infrastructure Partners. Adnoc and NextDecade also entered into a 20-year LNG offtake […]

Minnesota
Electrical Generation / Utilities

Minnesota advocates push for pause on utility shutoffs after study reveals racial disparities

May 20, 2024 Mariel Alumit

  A coalition of energy equity and justice advocates says Minnesota regulators should consider reinstating a utility shutoff moratorium after a recent academic study revealed racial disparities in disconnections by the state’s largest utility. Xcel […]

Cape Verde
Crude Oil News

Pirates attack tanker off Cape Verde

May 20, 2024 Mariel Alumit

A Turkey-flagged product tanker was boarded and robbed southwest of Nova Sintra, Cape Verde early on Friday morning in a significant escalation in terms of the way pirates treat seafarers off West Africa. According to […]

Houthis
Crude Oil News

Houthis strike tanker carrying Russian oil to China

May 20, 2024 Mariel Alumit

On Saturday, the Houthis struck a shadow tanker with a history of hauling Venezuelan and Russian oil. None of the 23 Filipino crew was injured when the 21-year-old vessel was hit. US Central Command said […]

Dali
Exports

Dali to be refloated today as manager urges for crew to be allowed to leave vessel

May 20, 2024 Mariel Alumit

The refloat and transit of the stricken Dali containership from its current location to a terminal in Baltimore is slated for Monday morning. Optimum conditions call for the transit of the 9,962 teu ship to […]

Climate Crisis

Free Wind Energy = Free Lunch?

May 20, 2024 Andy Del Prado

Daily Standup Top Stories Who is paying for the Free Energy Wind?- or as Penguin Empire Reports – “Who’s paying for lunch?” May 18, 2024 Stu Turley ENB Pub Note: This is a guest post from […]

Subprime
Finance

Subprime Auto Loans Are Getting Messy

May 19, 2024 Stu Turley

Huge profits in subprime caused specialized dealers/lenders to take big risks, which came home to roost. But prime auto loans are in pristine shape. By Wolf Richter for WOLF STREET. Subprime doesn’t mean “low income,” it means “bad […]

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