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Home2024December

Month: December 2024

Iran is suffering a fuel shortage created by Grok on X
Electrical Generation / Utilities

Iran key services shut as rial plunges amid energy crisis, regional tension

December 18, 2024 Clark Savage

  Tehran, Iran – Tens of millions of people across Iran are facing major disruptions as authorities shut down services in the face of an exacerbating energy and currency crisis amid historic regional tensions. This week, […]

Fed
Finance

Fed Cuts by 25 Basis Points, to 4.25%-4.50%, Sees Only 2 Cuts in 2025, Sees Higher Inflation, Higher “Longer-Run” Rates. QT Continues

December 18, 2024

Energetic backpedal from the aggressive monster-rate-cut trajectory envisioned by the markets three months ago.

EV drivers
Electric Vehicles

Ho oh no! EV drivers face Xmas charging chaos

December 18, 2024 Mariel Alumit

Christmas travel chaos is back and for electric vehicle drivers, the stress comes with an extra twist—finding a working charger that isn’t already taken! With cold weather draining batteries faster and range anxiety looming, the […]

TotalEnergies
Electrical Generation / Utilities

TotalEnergies sells half its stake in gas plant

December 18, 2024 Mariel Alumit

TotalEnergies has sold off a 50% share in a gas power plant in Nottinghamshire. EPUKI, the UK subsidiary of Czech based energy company EPH, has now acquired 50% of the shares in West Burton Energy, a […]

Crude Oil News

Russia continues to ship oil directly to the EU despite sanctions, investigation finds

December 18, 2024 Mariel Alumit

An investigation by Ukrainska Pravda (UP) has found that Russian oil continues to flow into the EU despite sanctions, with shipments under the flags of Liberia and Panama reaching the ports of Romania and Bulgaria, both EU […]

Scottish Renewables
Electrical Generation / Utilities

Scottish Renewables want interconnector reform

December 18, 2024 Mariel Alumit

Scottish Renewables say there is a critical role for interconnectors in achieving the UK’s net-zero ambitions but reforms are needed. They have produced a report which identifies opportunities to optimise interconnector benefits and challenges current […]

Afghanistan
Geopolitical

Who Lost More Weapons—Russia in Syria or America in Afghanistan?

December 18, 2024 Mariel Alumit

After the collapse of their client states, both patrons left behind a trove of military equipment. Jubilant rebels bloodlessly entering the capital, a president in flight, a stunned foreign patron negotiating the evacuation of its […]

DOE
Energy Policy

US DOE releases LNG export study

December 18, 2024 Mariel Alumit

The Biden administration said in January it will pause pending decisions on exports of LNG to non-FTA countries until DOE can update the underlying analyses for authorizations. According to DOE, this multi-volume study updates DOE’s understanding of […]

coal
Coal

Record year for coal in 2024, world’s hottest year – by who’s calculations?

December 18, 2024 Mariel Alumit

  World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday (18 December), in a year all but certain to be the hottest in recorded history. Despite […]

Apple HQ CREATED BY GROK ON X
Critical Minerals

DR Congo sues Apple over ‘blood minerals’

December 18, 2024 Mariel Alumit

The African state’s lawyers see it as a step toward holding the US tech giant accountable for its policy of “endless enrichment” The Democratic Republic of Congo (DR Congo) has filed criminal complaints in France […]

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