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Home2024July

Month: July 2024

BRICS

While the west watches a game show, the rest build a new world order

July 29, 2024 Mariel Alumit

Some very big and important things are happening in the world, and it seems that we’re not paying attention at all. We are becoming so fixated on the simple, the sensational, that we’re not noticing […]

CapMetro
Electric Vehicles

CapMetro stops shift to all-electric bus fleet

July 29, 2024 Mariel Alumit

Capital Metro is slamming the brakes on an ambitious goal of transitioning to an all-electric bus fleet, citing problems with the range of battery-electric buses. Austin voters were promised a transit system with exclusively electric […]

OPEC
Crude Oil News

OPEC: Oil Is Indispensable for Global Electrification

July 29, 2024 Mariel Alumit

Oil and petroleum-based products are indispensable in the process of increasing electrification and expansion of power grids globally, OPEC Secretary General Haitham Al Ghais said on Monday, noting that the energy mix is not a […]

Amazon
AI

Amazon claims to power all its operations with renewable energy. If only that were true.

July 29, 2024 Mariel Alumit

When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, and data center […]

China
Crude Oil News

Weak Demand in China Weighs on Middle East Oil Price Outlook

July 29, 2024 Mariel Alumit

China’s maritime imports dropped to 10 million b/d at the start of the summer. The trend of weaker demand and sluggish physical activity in China impacted Middle East oil pricing. By not cutting when regional […]

Gas Discovery
Exploration and Production

New Gas Discovery Brings Optimism for Bolivia’s Energy Future

July 29, 2024 Mariel Alumit

Bolivia’s Mayaya Centro gas discovery, with an estimated 1.7 trillion cubic feet of gross unrisked resource, provides hope for arresting declining production and boosting reserves. Mayaya Centro is part of YPFB’s Upstream Reactivation Plan, which […]

Climate Crisis

Energy and the Olympics

July 29, 2024 Mariel Alumit

Energy and the Olympics What a time we live in where the Olympics in Paris starts with terror attacks on the train system, controversy in the opening, a power blackout, and athletes bringing their own […]

States
Energy Policy

Red States, Blue States: A Tale of Two Economies

July 29, 2024 Mariel Alumit

The latest employment data from the Bureau of Labor Statistics for June 2024 offers a compelling snapshot of the divergent economic fortunes of red and blue states. The national unemployment rate remained steady at 4.1 percent, a […]

Energy Policy

Taiwan Shuts Second-to-Last Nuclear Plant in Controversial Shift

July 29, 2024 Stu Turley

Decision could make island more dependent on energy imports Taiwan aims to decommission last reactor by May next year Taiwan will shut down its second-to-last nuclear plant on Saturday in a move likely to make […]

Yellen
Climate Crisis

Yellen says $3 trillion is needed each year to fund climate transition

July 29, 2024 Mariel Alumit

Treasury Secretary Janet Yellen said Saturday the world’s transition to a low-carbon economy requires $3 trillion in new investment annually through 2050, and that filling the financing gap to reach that level of funding represents the […]

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