Windfarm operators in Scotland have been paid over £205 million this year to turn off their turbines, according to new figures. These payments, known as constraint payments, are made when wind power cannot be used […]
The Minister for Energy Consumers, Miatta Fahnbulleh, has invited energy suppliers to a meeting to discuss how to better support vulnerable households during the upcoming winter. In a letter addressed to the heads of energy […]
Daily Standup Top Stories State Rankings: Electric Vehicles per Capita in the United States August 25, 2024 Stu Turley California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per […]
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha (NYK Line) for one of its vessels. NYK Line chartered the 2014-built, 179,492 dwt capesize bulker G. […]
By Wolf Richter for WOLF STREET. New orders for durable goods in July jumped by 9.9% from June, the biggest month-to-month spike since May 2020, and more than reversing the big month-to-month drop in June, which had been […]
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude […]
The Real Climate Claptrapping – Climate Alarm! Irina Slav, Tammy Nemeth, and Stu Turley will be live talking about the most critical threat to our world, democracy, and our finances, “Climate Alarm.” or “Claptrapping”. There […]
Multiple electric trucks were damaged on Saturday night when flames erupted at electric vehicle manufacturer Rivian’s plant in Normal, Illinois, authorities said. The cause of the fire is under investigation. NBC Chicago reports that at approximately 9:45 […]
Oil prices are rising rapidly on Monday morning as global supply is threatened by geopolitical uncertainty. Israel and Hezbollah traded strikes on Sunday in the biggest military exchange between the two since 2006. Meanwhile, Russia […]
Oil demand seen plateauing at 100 million barrels a day ‘Catastrophic’ risk of failing to invest in new oil projects Exxon Mobil Corp. forecasts global oil demand in 2050 will be the same — or even […]
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