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Home2024May

Month: May 2024

Oil Prices
Crude Oil News

Oil Prices Remain Rangebound Despite Rising Gasoline Demand

May 28, 2024 Mariel Alumit

Oil prices have been rangebound for the last four weeks with demand concerns being canceled out by expectations of an OPEC+ production cut extension. – The latest forecast from the US National Oceanic and Atmospheric […]

Houston Storm
Energy Crisis

Houston Storm Reveals Downside of Forced Electrification

May 28, 2024 Mariel Alumit

We live in a world with more and more devices that require charging. Nothing shows the downside of that better than the recent storm that hit Houston, where thousands of residents still lack power. Houstonians […]

PipeChina
LNG

PipeChina’s Zhangzhou LNG terminal gets first cargo

May 28, 2024 Stu Turley

State-owned China Oil and Gas Pipeline Network (PipeChina) has received the first liquefied natural gas cargo at its Zhangzhou LNG import terminal in Fujian. The LNG carrier Macoma delivered the commissioning cargo from Australia to […]

Microgrid
AI

New Microgrid to Provide Resilience for a Houston Data Center and the Grid

May 28, 2024 Mariel Alumit

The construction of a new 17-MW microgrid for ViVaVerse Solutions, a colocation data center services provider, was announced this week. Located at the former Compaq Computer/HPE headquarters in Houston, the more than 90-acre ViVa Center […]

G7
Climate Crisis

G7’s Awkward Climate Finance Secret

May 28, 2024 Mariel Alumit

What most like to call climate finance is, in fact, not so much help for the world’s poorer nations. Reuters: Germany, Japan, France, and the United States are among the wealthy countries that offered developing […]

Offshore Wind Farms
International News

Top German Utility to Build 1.6 GW Offshore Wind Farms in the North Sea

May 28, 2024 Mariel Alumit

Utility giant RWE has taken the investment decision to build two offshore wind farms with a total capacity of 1.6 gigawatts (GW) in the German North Sea, Germany’s biggest power producer said on Monday. RWE took the […]

Methane Emission
Fossil

EU Adopts Rules on Methane Emission Limits for Fossil Fuel Imports

May 28, 2024 Mariel Alumit

The European Union approved on Monday a set of rules and regulations that will impose methane emissions limits and monitoring of the EU’s energy sector and oil, gas, and coal imports beginning in 2030. The new regulation […]

US Government
Finance

US Government Pays $514,000,000,000 in Interest on National Debt in Seven Months, Surpassing Defense and Medicare Costs: Report

May 28, 2024 Mariel Alumit

The US government just spent over half a trillion dollars in interest payments on its national debt in a mere seven months. The Committee for a Responsible Federal Budget (CRFB) reports that net spending on interest reached […]

green fanatics
Climate Crisis

Thank green fanatics for New York’s looming summer blackouts

May 28, 2024 Mariel Alumit

The green fanatics have been so successful at crippling the Empire State’s power infrastructure that now a minor heat wave, just three straight days with temps only above 95 degrees, could plunge the state into darkness. The grim news comes […]

Andresen
Climate Crisis

Europe Ahead: Greens/EFA’s Andresen on the false climate vs economy dilemma

May 28, 2024 Mariel Alumit

  ***The Europe Ahead series covers views from MEPs in charge of economic files for the main political groups in the run-up to the June EU elections. Right-wing arguments that Europe would need to sacrifice […]

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