Daily Standup Top Stories EU Slashes Proposed Tariffs on Tesla’s China-Made EVs August 21, 2024 Mariel Alumit The European Commission has announced the final results of its anti-subsidy investigation into Chinese electric vehicles, with Tesla receiving […]
A Greek-owned and flagged oil tanker is on fire and adrift in the Red Sea after a series of attacks, British and Greek authorities say. The Sounion was first hit by gunfire from two small […]
By Wolf Richter for WOLF STREET. Mortgage rates dropped to 6.50%, the lowest since May 2023, according to the Mortgage Bankers Association today. But instead of re-igniting demand for homes from buyers who need mortgages, these dropping rates […]
The European Commission has announced the final results of its anti-subsidy investigation into Chinese electric vehicles, with Tesla receiving a reduced tariff rate of 9%. Other Chinese EV makers, including SAIC Motor Corp., Geely, and […]
Enbridge Inc. Chief Executive Officer Greg Ebel has played a major role in the company’s transformation from an oil-focused pipeline operator into a sprawling enterprise with businesses touching all forms of energy. He came to Enbridge in the […]
Uinta assets could be valued at as much as $2 billion in sale Value of oil and gas deals has roughly doubled this year Ovintiv Inc. is considering a possible sale of its operations in the […]
Cuts come after start of expanded Trans Mountain pipeline Oil is exported mostly to the US West Coast and Asia Enbridge Inc. cut tolls on Canadian oil export pipelines amid increased competition from a new line […]
Texas set an unofficial record for electricity use on Tuesday, driven by increased air conditioning demand during the August heatwave. ERCOT, the state’s grid operator, has not issued calls for energy conservation this year despite […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported a decline in inventories for the week to August 16. Those shed 4.6 million barrels over the period, compared with a build of 1.4 million barrels […]
In his farewell speech to the Democratic National Convention Monday evening, lame duck President Joe Biden tripled down yet again on the false claim that former President Donald Trump is calling for a national “bloodbath” if he doesn’t get […]
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