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Home2024May

Month: May 2024

AI

Vietnam Shifting Back To Coal

May 29, 2024 Andy Del Prado

Daily Standup Top Stories Vietnam’s shift back to coal is under EU scrutiny May 28, 2024 Mariel Alumit A heat wave in Vietnam in May and June of last year led to major power shortages across the north of […]

Rwanda
Big Oil Companies

Rwanda deploys 2,000 troops to natural gas rich Mozambique region hosting TotalEnergies, ExxonMobil projects

May 28, 2024 Mariel Alumit

(Bloomberg) – Rwanda deployed an additional 2,000 soldiers to natural-gas rich Mozambique, where Islamic State-linked violence that’s delayed a $20 billion TotalEnergies SE project for three years, has surged in recent months. The troops arrived […]

Energy Transfer
Finance

Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction

May 28, 2024 Mariel Alumit

WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline and processing network in the […]

OPEC+
Crude Oil News

Oil up on OPEC+ meeting, summer driving season and weaker US dollar

May 28, 2024 Mariel Alumit

NEW YORK, May 28 (Reuters) – Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of […]

Norwegian oil and gas companies
Crude Oil News

Norwegian oil and gas companies to spend $24 billion in 2024

May 28, 2024 Mariel Alumit

(Bloomberg) – Oil and gas companies operating on the Norwegian Continental Shelf will spend 247 billion kroner ($24 billion) this year, reflecting growth in investments for exploration and on existing fields. Spending on oil and […]

Brazil
Crude Oil News

Brazil’s Economic Future Hinges On Fossil Fuels

May 28, 2024 Mariel Alumit

Brazil’s prosperity hinges on its capacity to harness the foundational element of any economy: energy. However, for millions of Brazilians, the path to economic advancement is complicated by the hypocritical “green” agendas of leaders in […]

“Big Oil” companies
Big Oil Companies

“Big Oil” companies face mounting legal challenges from climate-obsessed groups

May 28, 2024 Mariel Alumit

Suing the ONLY supply chain source for the products and fuels DEMANDED by humanity is financial stupidity! Never bite the hand that feeds you without a replacement to support the products demanded by our materialistic society. […]

Vietnam
Climate Crisis

Vietnam’s shift back to coal is under EU scrutiny

May 28, 2024 Mariel Alumit

A heat wave in Vietnam in May and June of last year led to major power shortages across the north of the country. Factories owned by some of the world’s largest tech firms, including South Korean tech giant […]

Colorado
Crude Oil News

How much methane is Colorado’s oil and gas industry discharging? Regulators will soon start measuring.

May 28, 2024 Mariel Alumit

Colorado air regulators are set to begin patrolling the state’s oil fields and the skies over them to tally how much methane the industry’s wells, tanks and pipelines are spewing into the air. The measurements […]

ESG
Climate Crisis

From noble ambition to corporate tokenism: the rise and fall of ESG

May 28, 2024 Mariel Alumit

As things go up the corporate food chain, they tend to get watered down, compromised or, in extreme cases such as ESG, turned inside out. The catch-all acronym referring to a company’s environmental, social and […]

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