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Home2024

Year: 2024

Europe
International News

Europe’s mild winter leaves gas stocks at record high

March 8, 2024 Mariel Alumit

  Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account. The supply picture […]

Atlantic LNG
International News

Atlantic LNG shipping rates up, European prices climb for second week

March 8, 2024 Mariel Alumit

Atlantic spot LNG freight rates rose this week, while European prices increased for the second week in a row. Last week, spot charter rates for the global LNG carrier fell to their lowest since June […]

OceanaGold
Rare Earth Minerals

OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t

March 7, 2024 Stu Turley

  OceanaGold (TSX: OGC) is hoping its Waihi North project will meet the requirements for accelerated development of major projects under a new permitting regime introduced by New Zealand’s recently elected government. The Fast Track Approvals bill, […]

Ukraine
Geopolitical

What Will Happen if Gazprom Stops Transiting Gas Across Ukraine?

March 7, 2024 Mariel Alumit

The European Union has five main sources for natural gas: indigenous production (mostly the Netherlands), Norway, North Africa (Algeria and Libya), Russia and LNG. According to Navigant Consulting’s Global Market Intelligence Database, the total amount […]

E-SCRAP
Rare Earth Minerals

US Department of Energy launches $4 million E-SCRAP prize competition

March 7, 2024 Stu Turley

​ The US Department of Energy (DOE) has launched the Electronics Scrap Recycling Advancement Prize (E-SCRAP), which will award up to $4 million to competitors to substantially increase the production and use of critical materials […]

energy efficiency
Rare Earth Minerals

World’s leading particle lab concerned about energy efficiency

March 7, 2024 Stu Turley

  ABB and CERN, at the European Laboratory for Particle Physics, have identified significant energy-saving potential through a strategic research partnership focused on the cooling and ventilation system at one of the world’s leading laboratories […]

Chevron
Geopolitical

Chevron Returns to Venezuela Oil Field

March 7, 2024 Mariel Alumit

Chevron has restarted drilling at a key Venezuelan oil field despite signals from the White House the sanction noose around Caracas is about to tighten. Work at the Petroindependencia field in the Orinoco Belt has been ongoing […]

ExxonMobil
Big Oil Companies

ExxonMobil starts arbitration over Guyana oil rights, complicating Chevron-Hess deal

March 7, 2024 Mariel Alumit

ExxonMobil has started an arbitration process regarding its rights over Hess’s Guyana oil and gas assets, tossing some sand into the gears of rival Chevron’s pending $53 billion acquisition of Hess. “We are engaging in […]

China
Electric Vehicles

China could flood U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warns

March 7, 2024 Mariel Alumit

China could flood the U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns. “We are very concerned about China bigfooting our industry in the […]

GRID
Coal

GRID OPERATORS, REGULATORS CONCERNED THAT EPA ACTIONS COULD LEAD TO BLACKOUTS

March 7, 2024 Mariel Alumit

Grid operators and regulators are concerned that EPA regulations could force the retirement of power plants needed to prevent blackouts, according to an article in InsideSources. The article focuses on the recent study by Quanta Technology that showed […]

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