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Home2024May

Month: May 2024

Biden Administration
Carbon Capture

The Biden Administration Ever More Delusional On Energy

May 2, 2024 Mariel Alumit

Three and a half years into the Biden Administration, and to an ordinary citizen on the ground it might seem like not that much has changed as to energy. Despite hundreds of government actions and […]

Granholm
Press

4 takeaways from Granholm’s fiery House hearing

May 2, 2024 Stu Turley

Energy Secretary Jennifer Granholm battled House Republicans at a budget hearing on Wednesday, defending the Department of Energy’s efforts on grid reliability, electric vehicles and natural gas exports. It was Granholm’s third appearance before a […]

Russia
Press

US issues hundreds of sanctions targeting Russia, takes aim at Chinese companies

May 2, 2024 Stu Turley

  The United States on Wednesday (1 May) issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western measures, including through China. The […]

Oil
Crude Oil News

The Next Two Months Will Be Critical For Oil Fundamentals

May 2, 2024 Mariel Alumit

Weekly data by EIA reveals crude stockpiles of 7.3 million barrels for the week to April 26, a sharp swing from a draw of 6.4 million barrels posted the previous week. Standard Chartered: the fastest […]

Maersk
Commodities

Maersk raises profit outlook fuelled by Red Sea turmoil

May 2, 2024 Mariel Alumit

Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market amid Red Sea disruptions to continue into the second half of the year. The Copenhagen-based […]

Biden
Climate Crisis

Biden wants 50,000 new climate activists and the consequences will be devastating

May 2, 2024 Mariel Alumit

ENB Pub Note: This is a disaster waiting in the wings. The “Climate Corps” would be looking to shut down any business that is not “controled” by AI or the government. Make no mistake, this […]

Florida
Climate Crisis

Florida bill awaiting signature would remove mention of ‘climate change’ from many state laws

May 2, 2024 Mariel Alumit

Florida lawmakers have approved new legislation that would strike mention of “climate change” from many state laws, focusing them instead on energy security. The final version of the bill, which was awaiting Gov. Ron DeSantis’ signature […]

SilverBow Resources
Earnings

SilverBow Resources Announces First Quarter 2024 Financial and Operating Results

May 2, 2024 Mariel Alumit

Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow Total debt reduced by $178 million since closing its South Texas acquisition in […]

APA Corporation
Earnings

APA Corporation Announces First-Quarter 2024 Financial and Operational Results

May 2, 2024 Mariel Alumit

HOUSTON, May 1, 2024 – APA Corporation (Nasdaq: APA) today announced its financial and operational results for the first quarter of 2024. APA reported net income attributable to common stock of $132 million, or $0.44 […]

Shell Plc
Big Oil Companies

Shell Plc 1st Quarter 2024 Unaudited Results

May 2, 2024 Mariel Alumit

SHELL PLC 1st QUARTER 2024 UNAUDITED RESULTS   SUMMARY OF UNAUDITED RESULTS Quarters $ million Q1 2024 Q4 2023 Q1 2023 % Reference 7,358 474 8,709 +1,453 Income/(loss) attributable to Shell plc shareholders 7,734 7,306 […]

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