Keir Starmer promises to focus on public service as Britain’s new prime minister. Labour Takes Control The United Kingdom’s Labour Party secured a landslide victory against the Conservatives in snap elections on Thursday, ending the […]
Weekly Daily Standup Top Stories China Surpasses Europe in Per Capita Energy Consumption June 30, 2024 Stu Turley China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure […]
Tor Olav Trøim-backed floating liquefied natural gas specialist Golar LNG has entered into definitive agreements with Pan American Energy for a 20-year deployment of an FLNG vessel in Argentina. The FLNG project will monetize Argentine […]
Quantitative Tightening so far has removed 41% of Treasury securities and 29% of MBS that pandemic QE had added. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet dropped by $34 billion in June, […]
Mired in a stream of multibillion dollar budget deficits, the California Legislature on Wednesday turned to voters for help. Lawmakers voted to place a pair of $10 billion bonds on the November ballot. If approved, […]
It’s one of the areas where trading houses — who have long coveted the refining and distribution assets that help drive oil majors’ mega trading earnings — are investing huge returns from the most profitable […]
Zambia’s central bank has introduced regulations to strengthen the kwacha and curb dollarization The Bank of Zambia has drafted new rules aimed at curbing the use of foreign currencies in local transactions, particularly the US […]
Hinkley Point C has released a new video update detailing the ongoing preparations for installing the “heart” of the new nuclear power station. Following last year’s successful “Dome Lift,” which saw the reactor building roof […]
The Hungarian prime minister has been chastised by the EU’s Charles Michel over rumored plans for a Moscow trip Hungarian Prime Minister Viktor Orban has defended his peacemaking efforts after a senior EU official […]
Hundreds of gigawatts of wind energy projects are waiting for permits to connect to Europe’s power grid, a backlog that threatens to slow the shift to green energy, industry association WindEurope said on Friday […]
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