The race is on just outside the Philippine capital to avert the worst oil spill in the country’s history. A 22-year-old tanker carrying industrial fuel oil capsized and sank 3.6 nautical miles off Lamao Point […]
Everyone was happy, sort of, except the public that bought the misbegotten shares and got wiped out? By Wolf Richter for WOLF STREET. Vintage Wine Estates along with its subsidiaries – once a PE-firm-backed roll-up with about 34 […]
The UK will likely need new gas-fired power stations to decarbonise the electricity grid by 2030, according to a new report. The National Engineering Policy Centre report found the UK will need additional baseload power, and new […]
To counter China’s cleantech dominance without hampering the energy transition, the United States needs to expand its circle of friends. Along with the urgent task of supporting Ukraine, another issue dominating this week’s meeting of […]
Rystad: global recoverable oil reserves held largely steady at around 1,500 billion barrels. The largest downward revisions are seen in Saudi Arabia, where development priorities have shifted from offshore capacity expansions to onshore infill drilling. […]
France, the biggest net electricity exporter in Europe, plans to limit power exports to neighboring countries, which could lead to higher prices in other European power markets such as Italy, Switzerland, Belgium, and Germany. France, […]
Grid-enhancing technologies (GETs) can increase the capacity, efficiency, reliability, and safety of existing transmission lines. GETs can reduce congestion costs, improve the integration of renewables, increase capacity, and provide grid service applications in new and […]
Our Drunken Sailors are back at it, but in moderation, so to speak, their feathers largely unruffled by interest rates. By Wolf Richter for WOLF STREET. GDP, adjusted for inflation (“real GDP”), rose by an annualized rate of […]
The catalog of Vice President Kamala Harris’s history on energy policy is as thin as the listing of her accomplishments as President Joe Biden’s “Border Czar,” which is to say it is bereft of anything […]
Another week, another deal! Grayson Mill finally decided to divest after floating out in mid-January that they were looking at an exit, and EnCap got everything they wanted! John Ferrell (CEO and Co-Founder of Well […]
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