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Home2024July

Month: July 2024

TotalEnergies
Earnings

TotalEnergies reports lower Q2 LNG earnings, sales

July 25, 2024 Mariel Alumit

France’s TotalEnergies said on Thursday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the second quarter of this year due to lower prices. The company’s integrated LNG […]

debt
Finance

Will a Japanese fire sale crash U.S. debt?

July 25, 2024 Mariel Alumit

OPINION: Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. […]

Crude Oil Inventories
Crude Oil News

U.S. Crude Oil Inventories Continue to Fall

July 25, 2024 Mariel Alumit

Crude oil inventories in the United States fell again this week, this time by 3.9 million barrels for the week ending July 19, according to The American Petroleum Institute (API). The reality was a far […]

OPEC
OPEC

US Democrats launch bill holding oil firms accountable for any work with OPEC

July 25, 2024 Mariel Alumit

WASHINGTON, July 24 (Reuters) – Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with the Organization of the Petroleum Exporting […]

Oil
Crude Oil News

Oil Moves Higher on Crude, Fuel Inventory Draw

July 25, 2024 Mariel Alumit

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 3.7 million barrels for the week to July 19. This compared with an inventory draw of 4.9 million barrels estimated by the […]

Copper
Commodities

Net-Zero Targets Could Double Yearly Copper Demand by 2035

July 25, 2024 Mariel Alumit

The global demand for copper is projected to increase by 40% by 2040, driven by the adoption of green technologies. Vedanta Resources has regained control of the Konkola Copper Mines, a major high-grade copper deposit […]

Green Colonialism
Climate Crisis

Newest Soros Money Network Plan Imposes ‘Green Colonialism’ On Developing Nations, Experts Say

July 25, 2024 Mariel Alumit

A Soros-run nonprofit’s plan to pump hundreds of millions of dollars into third-world climate programs reeks of “green colonialism,” experts told the Daily Caller News Foundation. The Open Society Foundations (OSF) will commit $400 million […]

Italy
Hydrogen

Italy to present hydrogen corridor plan in autumn, may involve Switzerland

July 25, 2024 Mariel Alumit

  Italy will host an event in the autumn to present a network to transport hydrogen from the southern Mediterranean to northern Europe, its energy minister told Reuters on Wednesday (24 July), saying Switzerland could […]

Golden Pass LNG
Exports

Golden Pass LNG to ramp up construction activities after Zachry deal

July 25, 2024 Mariel Alumit

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a bankruptcy court approved a settlement agreement with Zachry Holdings. State-owned QatarEnergy owns a 70 percent stake […]

solar
International News

UK’s solar PV capacity hits 16.9GW

July 25, 2024 Mariel Alumit

The government has released new figures on solar photovoltaic (PV) installations in the UK. As of the end of June 2024, the UK has a total of 16.9GW of solar capacity across 1,595,916 installations. This […]

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