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Home2024July

Month: July 2024

outage
International News

Global cyber outage grounds flights and disrupts businesses

July 19, 2024 Mariel Alumit

  A global tech outage was disrupting operations in multiple industries on Friday (19 July), with airlines halting flights, some broadcasters off-air and everything from banking to healthcare hit by system problems. American Airlines, Delta […]

Pacific LNG
Finance

Pacific LNG shipping rates continue to rise, European prices up

July 19, 2024 Mariel Alumit

Pacific spot liquefied natural gas (LNG) freight rates continued to increase this week, while European prices also rose compared to the week before. Last week, spot charter rates rose in the Pacific with Atlantic rates decreasing […]

Ford
Climate Crisis

Ford Switches Gears And Will Make Heavy-Duty Gas Pickups Over EVs At Major Plant

July 19, 2024 Mariel Alumit

Ford is pivoting and will now produce gas-powered heavy-duty pickups instead of electric vehicles at their major plant. Ford is reversing course on plans to manufacture electric vehicles (EVs) at a major plant and instead […]

France
Energy Storage

France to power up with largest Tesla battery

July 19, 2024 Mariel Alumit

France is set to install its largest battery storage system, featuring Tesla Megapack technology. This new facility, located in Nantes Saint-Nazaire Harbour, will be the country’s first large-scale two-hour battery. It is designed to store […]

Electric Vehicles

“I’ll scrap the electric vehicle mandate on day one,” Trump pledges

July 19, 2024 Mariel Alumit

In his address at the Republican National Convention in Milwaukee, presidential candidate Donald Trump pledged to terminate support for electric vehicles (EVs). Mr Trump said: “I will end the EV mandate on day one. Thereby […]

Global electricity demand
Data Center

Global electricity demand set for rapid increase in 2024 and 2025

July 19, 2024 Mariel Alumit

Global electricity demand is expected to increase by approximately 4% in 2024, rising from 2.5% in 2023. This projected growth rate would be the highest since 2007, excluding the significant spikes following the global financial […]

Trump’s
Geopolitical

Trump’s VP Pick Goes America First on Foreign Policy

July 19, 2024 Mariel Alumit

And the choice of J.D. Vance is causing panic among Ukrainians, Europeans, and traditional Republicans. Alright, here’s what’s on tap for the day: Trump’s vice presidential pick is in, a former top Senate Democrat is […]

Russian Oil
Crude Oil News

Russian Oil Is Still Paying for Putin’s War

July 19, 2024 Mariel Alumit

After initial success, Western energy sanctions are stalling out. Almost two and half years into Russia’s full-scale invasion of Ukraine, Moscow’s war machine still runs on energy revenues—despite unprecedented Western sanctions that took a bite […]

lithium
Critical Minerals

Billions in US funding boosts lithium mining, stressing water supplies

July 19, 2024 Mariel Alumit

  Add lithium to water in a chemistry lab, and you’ll get an incendiary reaction. The same might be said of opening new lithium mines: The prospect can spark conflicts when it comes to water. […]

Duke Energy
EnergyNews

Before key hearings in North Carolina, Duke Energy makes tiny concessions to big gas ambitions

July 19, 2024 Mariel Alumit

  Before pivotal hearings that begin Monday, Duke Energy has made a few small concessions to its plans for a giant fossil fuel buildout in North Carolina, winning over the once-skeptical state-sanctioned ratepayer advocate. Duke’s […]

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