UK energy production and consumption declined from April to June 2024 compared to the same period last year. Primary energy consumption fell by 2%, with a 1.4% drop when adjusted for temperature changes. Indigenous energy […]
Heading into the holiday weekend, the retail price for all formulations of regular gasoline in the United States averaged $3.31 per gallon (gal) on August 26, 2024, 13% lower than this time last year. The […]
The US Department of the Interior has revealed that it would hold an offshore wind energy lease sale off southern Oregon. The two areas to be auctioned on October 15, 2024, by the Bureau of […]
Decarbonising shipping could double the cost of transporting goods by containers, according to a new report from class society DNV. Ahead of next week’s SMM, the world’s largest shipping exhibition, DNV has released its latest […]
By Wolf Richter for WOLF STREET. The long-term fiscal mess the US has been wallowing in for many years – the mindboggling deficits even during a strong economy that turned into the incredibly ballooning debt, encouraged and enabled […]
“A sales recovery did not occur in midsummer”: NAR. Because prices are way too high, doesn’t take a genius to figure that out. By Wolf Richter for WOLF STREET. Pending home sales – a forward-looking indicator of “closed […]
Despite many nations transitioning away from fossil fuels, in 2023, world coal consumption reached a staggering 164 exajoules (EJ) of energy, a record high for any year. For this graphic, Visual Capitalist’s Alan Kennedy has partnered with Range ETFs to explore […]
The 2021-built 174,000-cbm LNG carrier, Hellas Diana, owned by Latsco and chartered by Trafigura, was on Wednesday located at the Mukran FSRU terminal, which consists of two FSRUs, according to its AIS data provided by […]
The group is encouraging countries of the continent to challenge Western influence, Samsondeen Olagunju has said BRICS has become a significant source of motivation for many African countries, encouraging them to assert their independence […]
According to a statement by Bulgarian energy ministry, Bulgaria and Oman will sign a memorandum of understanding to promote bilateral energy relations within the next two months. This was agreed by Bulgarian energy minister, Vladimir […]
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