In 2024, some banks will fail. In 2023, five banks failed. In 1989, over 500 banks failed. Since 1936, there were only 5 years without bank failures. By Wolf Richter for WOLF STREET. The rate-cut-mania-inspired plunge in longer-term yields […]
The Marshall Islands-flagged tanker Advantage Sweet was seized by Iran, with Tehran claiming retaliation for American sanctions and planning to use the oil sale proceeds to aid epidermolysis bullosa patients. The US State Department criticized […]
The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating […]
Daily Standup Top Stories TotalEnergies upholds March restart date for Denmark’s largest natural gas field March 2, 2024 Stu Turley TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has confirmed the previously set restart […]
Gold extended its rally to a new record high and is now closing in on the $2,200/ounce level after a key US jobs report bolstered expectations that the Federal Reserve will soon cut interest […]
Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]
Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they have another incentive to promote it: artificial […]
By NJ Ayuk, Executive Chairman, African Energy Chamber South Africans don’t want to breathe clean air in the dark. Energy woes are synonymous with South Africa right now. As the country’s fleet of mostly coal-powered […]
The gelid temperature of minus 161.5 degrees Celsius is cold enough to kill any sign of life on the planet. A group of engineers in Shenzhen, however, has found a way to turn extreme cold […]
US liquefied natural gas (LNG) exports dropped in the week ending March 6 compared to the week before, according to the Energy Information Administration. The agency said in its weekly natural gas report that 23 […]
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