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Home2024September

Month: September 2024

Nuclear
Electrical Generation / Utilities

Russia’s Nuclear Ambitions in Central Asia

September 10, 2024 Mariel Alumit

Russia’s Rosatom is promoting small, low-power nuclear reactors as a solution to Central Asia’s energy crisis. Central Asian countries are considering nuclear power but have concerns about safety due to the region’s seismic activity. Rosatom’s […]

Oil Prices
Crude Oil News

Oil Prices Tumble as Traders Turn Bearish

September 10, 2024 Mariel Alumit

Hedge funds and other money managers have reduced their bullish bets on oil to the lowest level since 2011. The decline in bullish sentiment is driven by rising global oil supply, weaker-than-expected demand, and concerns […]

Bank of Canada
Finance

Bank of Canada Balance Sheet QT: -52% from Peak, QT Continues even after Third Rate Cut

September 10, 2024 Stu Turley

By Wolf Richter for WOLF STREET. The Bank of Canada shed another $10 billion (all amounts in Canadian dollars) of Government of Canada bonds, bringing its GoC bond holdings down to $223 billion, the lowest since September 9, […]

Oil
Crude Oil News

OPEC Drops 2024 Crude Oil Demand Forecast For Second Straight Month

September 10, 2024 Stu Turley

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday. The cartel had held firm to its initial 2024 forecast, first published in […]

Media
Climate Crisis

Media Fearmongering Behind Uptick In Children’s Eco-Anxiety, Not Climate Change

September 10, 2024 Andy Del Prado

The website Future Net Zero claims that climate change is causing kid’s anxiety when in fact our children are being brainwashed by a neurotic media. A post on the UK website Future Net Zero (FNZ) […]

European
Press

Germany’s state of emergency challenges European unity

September 10, 2024 Stu Turley

  New controls at German land borders can be seen as a reaction to the far-right party AfD’s electoral success rather than a response to recent terrorist attacks and could be dangerous for European cohesion, […]

QatarEnergy
LNG

QatarEnergy orders more giant LNG carriers in China

September 10, 2024 Andy Del Prado

According to a statement by QatarEnergy on Monday, the company has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of six additional QC-Max vessels, This brings the total number of LNG […]

Biden
Climate Crisis

Biden-Appointed Judge Could Shut Down Gulf Of Mexico Drilling With ‘Specious’ Ruling

September 10, 2024 Andy Del Prado

A single ruling from a Maryland judge appointed by Biden may end up halting oil and gas drilling in the Gulf of Mexico this December. A single ruling from a judge appointed by President Joe […]

QatarEnergy
LNG

QatarEnergy orders more giant LNG carriers in China

September 10, 2024 Andy Del Prado

According to a statement by QatarEnergy on Monday, the company has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of six additional QC-Max vessels, This brings the total number of LNG […]

China
Coal

China has more than 1 billion tons/year of new coal mines in pipeline, report says

September 10, 2024 Mariel Alumit

BEIJING, Sept 10 (Reuters) – China accounts for more than half of the world’s pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. China is […]

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