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Home2024September

Month: September 2024

Electrical Generation / Utilities

The Golden state of California is turning Brown without continuous electricity

September 9, 2024 Stu Turley

California focuses on intermittent electricity generation from wind and solar as demand for continuously generated electricity continues to rise. Ronald Stein  is an engineer, senior policy advisor on energy literacy for the Heartland Institute and […]

Electrical Generation / Utilities

BofA Sees Utility Stocks Outperforming as Volatility Climbs, Interest Rates Fall

September 9, 2024 Stu Turley

‘Prefer the tortoise’ of income stocks, Subramanian says BofA upgrades sector to overweight from market weight Higher volatility over the short, medium and long term will make utilities and other quality and income stocks more […]

Climate Crisis

Climate Policies and their impact on energy

September 9, 2024 Mariel Alumit

Climate Policies and their impact on energy Global government energy policies are impacting the environment and economies, and not in a good way. The Energy Realism team covers global energy policies around the world and […]

Venture Global
LNG

Venture Global’s Plaquemines LNG gets OK to start cooldown activities

September 9, 2024 Stu Turley

According to a FERC filling dated September 6, the regulator grated Venture Global Plaquemines LNG’s request to “introduce hazardous fluids to the jetty 2 and associated marine terminal transfer piping, LNG storage tank 1, BOG […]

OPEC+
Crude Oil News

OPEC+ to Begin Oil Production Increase in 2025

September 9, 2024 Mariel Alumit

According to the vice president of research at S&P Global, OPEC+ has decided to extend production cuts until the end of 2024. The alliance then plans to start adding supply to the market in 2025. […]

Oil
Crude Oil News

Oil Trading Giant Trafigura Sees Brent Falling Below $70 Soon

September 9, 2024 Mariel Alumit

Trafigura expects Brent oil prices to fall into the $60 per barrel range in the near future, although warns traders to be cautious. Weak Chinese oil demand and rising non-OPEC supply are contributing to the […]

Libyan Oil
Crude Oil News

Libyan Oil Shutdown Pushes Up U.S. Grades

September 9, 2024 Mariel Alumit

The Libya supply outage is propping up several light crude oil grades. U.S. WTI Midland crude could replace lost volumes of Libyan crude in the short term: Reuters. U.S. crude is set to compete with […]

Port Arthur LNG
Exports

Construction moving forward on Sempra’s Port Arthur LNG export terminal

September 9, 2024 Mariel Alumit

In March last year, Sempra Infrastructure, a unit of Sempra, took a final investment decision for the first phase of its Port Arthur LNG export project worth about $13 billion. The first phase of the project is […]

Saudi Arabia
Big Oil Companies

Can Saudi Arabia Actually Afford Vision 2030?

September 9, 2024 Mariel Alumit

Saudi Arabia’s breakeven oil price has risen due to increased spending on Vision 2030 and production cuts aimed at supporting oil prices. The IMF warns that Saudi Arabia needs an oil price of $96.20 per […]

Hydrogen

California Launches America’s First Hydrogen-Powered Passenger Train

September 9, 2024 Mariel Alumit

San Bernardino unveiled the nation’s first hybrid hydrogen fuel cell train. The $20 million train uses a hybrid hydrogen fuel cell and battery system to power the lightweight vehicle capable of ferrying 108-seated passengers on […]

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