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Home2024October

Month: October 2024

Climate Crisis

Electrifying Raises Consumer Costs

October 21, 2024 Andy Del Prado

Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]

Crude Oil News

Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale

October 20, 2024 Stu Turley

Exxon to auction operated and non-operated wells in Bakken shale Assets on sale spread across 49,000 net acres in North Dakota Assets sale could fetch over $500 million, says sources NEW YORK, Oct 15 (Reuters) […]

Crude Oil News

Rig Count Overview & Summary Count – Baker Hughes

October 20, 2024 Stu Turley

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity.  Baker Hughes initiated the […]

Permitting Reform Act of 2024
Crude Oil News

Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook

October 20, 2024 Stu Turley

HOUSTON, Oct 18 (Reuters) – Oil futures fell on Friday, declining more than 7% on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures […]

Climate Crisis

Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again)

October 20, 2024 Stu Turley

ENB Pub Note: Robert Bryce has been on the ENB podcast and the Energy Realities and we highly recommend you subscribe to his Substack Here: https://robertbryce.substack.com/ Last year, Stacey Abrams, a prominent Democrat who served […]

Commodities

China fortifies resource security with strategic mineral, energy reserve gains

October 20, 2024 Stu Turley

China added major gains to its critical mineral reserves and discovered more mineral deposits last year as it ramped up efforts to boost self-reliance and energy security, according to the Ministry of Natural Resources. Increased investment […]

Russia
Geopolitical

Russia Appears to Use Dubai-Based Firm to Expand Shadow LNG Fleet

October 20, 2024 Stu Turley

Russia appears to be trying to evade Western sanctions on its LNG tanker fleet by transferring ownership of vessels to a newly-created firm based in a free trade zone in Dubai, Bloomberg reported on Friday. Three LNG […]

Iran
Crude Oil News

Iran Readies New Oil Outlet To Bypass the Strait of Hormuz

October 20, 2024 Stu Turley

Iran is closer to finding a way to circumvent the crucial Strait of Hormuz when it comes to oil exports. The Jask oil terminal,  officially opened a few years ago, has seen but limited activity […]

Cuba
Electrical Generation / Utilities

Cuba restores power to one-fifth of population after nationwide blackouts

October 20, 2024 Stu Turley

HAVANA, Oct 20 (Reuters) – Cuba’s efforts to restore power to the island were derailed for a third time late on Saturday, Cuban authorities said shortly before midnight, leaving millions in the dark and raising […]

SSE Energy Markets
International News

SSE Energy Markets signs PPA with CWP Energy for Scottish wind farm

October 20, 2024 Mariel Alumit

SSE Energy Markets, the trading division of SSE plc, has signed a route-to-market power purchase agreement (PPA) with CWP Energy. The two-year agreement covers the Aikengall I onshore wind farm, which is located in East […]

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