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Home2024October

Month: October 2024

Carbon Capture

US Funding for Small Reactors

October 17, 2024 Andy Del Prado

Daily Standup Top Stories US opens applications for $900 million for small nuclear reactors October 16, 2024 Mariel Alumit WASHINGTON, Oct 16 (Reuters) – The U.S. on Wednesday opened applications for up to $900 million […]

Price
Finance

Home-Purchase Demand Destruction Accelerates, Prices Too High, Buyers’ Strike Deepens: Sales of Existing Homes Head for Worst Year since 1995

October 16, 2024

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applications
Nuclear

US opens applications for $900 million for small nuclear reactors

October 16, 2024 Mariel Alumit

WASHINGTON, Oct 16 (Reuters) – The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. WHY IT’S IMPORTANT President Joe […]

electricity
Electrical Generation / Utilities

‘Age of electricity’ to follow looming fossil fuel peak, IEA says

October 16, 2024 Mariel Alumit

LONDON, Oct 16 (Reuters) – The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas […]

Barrick
Critical Minerals

Barrick reports lower-than-expected preliminary gold output in third quarter

October 16, 2024 Mariel Alumit

Oct 16 (Reuters) – Barrick Gold (ABX.TO) produced lower-than-expected gold in the third quarter because of a fall in output at its Carlin and Cortez mines in Nevada, the Canadian miner said on Wednesday. Carlin […]

Copelouzos
Exports

Greece’s Copelouzos, Egypt’s EGAS ink LNG pact

October 16, 2024 Mariel Alumit

Copelouzos said in a statement it entered into a “significant” strategic partnership with the Egyptian state gas company. The signing took place in Egypt on Monday. Panos Moschandreou, business development director of Copelouzos, and president […]

Greek LNG imports
Imports

Greek LNG imports drop 49 percent in January-September

October 16, 2024 Mariel Alumit

The Greek gas grid and Revithoussa LNG terminal operator said the LNG shipments in the nine-month period totaled 12.34 terawatt hours, or 17 tankers. This compares to 24.04 TWh, or 34 tankers, in the same period […]

NextDecade
Exports

NextDecade releases Rio Grande LNG construction update

October 16, 2024 Mariel Alumit

In July 2023, NextDecade took the final investment decision on the first three Rio Grande trains and completed $18.4 billion project financing. NextDecade awarded the $12 billion EPC contract to compatriot Bechtel and it officially kicked of work on the […]

Russia
Big Oil Companies

Russia seeks over $1 billion in damages from British oil giant

October 16, 2024 Mariel Alumit

The Russian Prosecutor General’s office is seeking over €1 billion ($1.09 billion) in damages from UK-based energy giant Shell over a failed joint venture, the Moscow Arbitration Court told the media on Tuesday. Shell walked […]

India
Imports

India boosts September LNG imports

October 16, 2024 Mariel Alumit

The country imported about 2.90 billion cubic meters, or about 2.2 million metric tonnes, of LNG in September via long-term contracts and spot purchases, a rise of 12.4 percent compared to the same month in […]

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