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Home2024December

Month: December 2024

oil
Big Oil Companies

Chevron Is Cutting Low-Carbon Spending by 25% Amid Belt Tightening

December 6, 2024 Clark Savage

Oil driller trims green budget to $1.5 billion from $2 billion Chevron is prioritizing profits over oil production next year Chevron Corp. is cutting low-carbon investments by one-fourth as the oil explorer trims spending across the […]

Labor
Finance

Labor Market Doing Fine. The Fed Can be “Careful” with Rate Cuts. Maybe Time for Some Wait-and-See?

December 6, 2024 Andy Del Prado

Payrolls & wages jump, prior 2 months revised higher, solid bounce-back from Hurricanes and Boeing strike. 3-month average payrolls +173,000! By Wolf Richter for WOLF STREET. Payrolls jumped by 227,000 in November from October, and the prior two […]

ENB Podcast

From Energy Uncertainty to Oil Profits: A Conversation with Matt Willer

December 6, 2024 Clark Savage

In the Energy News Beat – Conversation in Energy with Stuart Turley, Matt Willer, Managing Director, Capital Markets, Partner Phoenix Capital Group Holdings, LLC discuss the financial markets’ role in energy, particularly the future demand for energy driven […]

Extreme Weather
Climate Crisis

Ignore The Media Fervor: Extreme Weather And Climate Deaths Aren’t Getting Worse

December 6, 2024 Mariel Alumit

Contrary to some claims, extreme weather events haven’t increased or gotten worse and climate deaths have plummeted since the 1900s.​ A recent article from The Conversation (TC), titled “COP29: Climate change could kill millions and […]

Mercedes-Benz
Electric Vehicles

Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again

December 6, 2024 Mariel Alumit

Mercedes-Benz has developed groundbreaking new solar paint that could provide all the energy Australians will ever need for their daily motoring. And the tech could be introduced within five-to-10 years. Revealing the tech recently in […]

DOE
Climate Crisis

GOP Reps Demand DOE Stop Issuing Green Loans Amid ‘Lame-Duck Spending Bonanza’

December 6, 2024 Mariel Alumit

Republicans urge DOE to halt green tech loans amid rush to distribute $25B before Trump’s inauguration, citing risks and lack of due diligence.​ Republicans on the House Energy and Commerce Committee are demanding that the […]

Africa
Climate Crisis

Biden’s Green Colonialism Sends Billions To Africa As Americans Suffer At Home

December 6, 2024 Mariel Alumit

Biden’s billions for foreign disasters and green energy spark outrage as Americans struggle to live in pop-up tents after Hurricane Helene. We reported on Tuesday about how Joe Biden said that he was giving Africa […]

Salvini
Climate Crisis

Italy’s Salvini warns of economic suicide over plans to overhaul EU car emission limits

December 6, 2024 Mariel Alumit

  Italian Deputy Prime Minister and Infrastructure Minister Matteo Salvini strongly criticised the European Union’s plan to ban the sale of cars with internal combustion engines by 2035, calling it economic suicide that would only […]

Gazprombank
Finance

Foreign clients of Russian gas feel the heat of US Gazprombank sanctions

December 6, 2024 Mariel Alumit

  Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday (5 December), complicating the payments process as buyers must […]

LNG
Exports

US weekly LNG exports reach 26 cargoes

December 6, 2024 Mariel Alumit

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 26 LNG vessels is 98 Bcf. The EIA did not release the report last week […]

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