Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]
Daily Standup Top Stories It’s time to follow the Navy’s 50-year safety record of nuclear power generation September 17, 2024 Mariel Alumit Delivery of affordable, abundant, reliable, clean, and emissions-free electricity to customers is very important […]
Delivery of affordable, abundant, reliable, clean, and emissions-free electricity to customers is very important to modern quality of life. Achieving this is threatened by a vulnerable grid and the intermittency of wind and solar electricity […]
Surplus output during peak hours is turning prices negative That’s straining other generators key to balancing supply France’s power-grid boss said wind and solar farms will have to fully participate in balancing the electricity network […]
Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas […]
As retail sales rose despite dropping prices of goods, inflation-adjusted retail sales – adjusted for this deflation in goods – rose even faster: hence the jump in GDPNow. By Wolf Richter for WOLF STREET. Retail sales rose 0.1% in […]
Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]
OPEC argues that taxes on gasoline are a more significant factor in pump prices than the cost of crude oil. The organization claims developed nations earn more from gas taxes than OPEC does from oil […]
A new report warns that Chinese electric vehicle manufacturers could pose a national security risk to the UK due to data privacy concerns and potential ties to China’s military-industrial complex. The report claims that Chinese-made […]
Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum. – The marked shift in oil sentiment recently […]
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