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Home2024

Year: 2024

Electrical Generation / Utilities

Holtec to get $1.5bn loan to restart Palisades nuclear power plant in Michigan

February 21, 2024 Stu Turley

Located along the eastern shore of Lake Michigan in Covert Township, the Palisades nuclear facility is a single unit pressurised water reactor, which was permanently shut down by its previous owner Entergy in May 2022 […]

Big Oil Companies

North Sea platform electrification ‘key’ to unlock emission cuts from oil & gas production, says NSTA

February 21, 2024 Stu Turley

UK’s regulator North Sea Transition Authority (NSTA) has held a workshop on platform electrification with 11 major operators on the UK Continental Shelf (UKCS) and ten technology suppliers to discuss technical solutions to boost the […]

SQM
Rare Earth Minerals

SQM makes $9.4m follow-on investment in UK battery recycling firm

February 21, 2024 Stu Turley

  Sociedad Química y Minera (SQM), through its corporate venture arm SQM Lithium Ventures, announced Wednesday a follow-on investment of $9.43 million in Altilium, a UK-based technology company that focuses on decarbonization of automotive supply chains. […]

Big Oil Companies

Chicago sues oil companies for causing climate change, points to 1995 heat wave

February 21, 2024 Stu Turley

ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]

CRU
Rare Earth Minerals

CRU appoints Angela Durrant as principal base metals analyst, Australia

February 21, 2024 Stu Turley

  Global commodities research firm CRU announced Wednesday it has appointed industry veteran Angela Durrant as principal base metals analyst in their Sydney, Australia office. Durrant is a CRU alumna with over 20 years of […]

Diamond
Rare Earth Minerals

Diamond, niobium play key role in development of quantum detection devices

February 21, 2024 Stu Turley

  Researchers at Skoltech, the Lebedev Physical Institute of the Russian Academy of Sciences, and other scientific organizations have found a way to improve diamond adhesion —the bond between diamond and transition metal—using niobium. In a […]

Ukraine
Agriculture

EU Council pushes ahead on Ukraine trade benefits while MEPs push for more farming safeguards

February 21, 2024 Mariel Alumit

  The EU Council endorsed the Commission’s proposal on the renewal of trade liberalisation with Ukraine with no changes, as MEPs from the Parliament’s agriculture committee instead side with farmers by pushing for more safeguards. […]

Sibanye
Rare Earth Minerals

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

February 21, 2024 Stu Turley

  Precious metals producer Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW) flagged on Wednesday a 47.5 billion rand ($2.58 billion) impairment on its upcoming 2023 results due to falling prices for the main metals it mines, including palladium, […]

Houthis
Crude Oil News

World Trade Concerns as Red Sea Shipping Slows

February 21, 2024 Stu Turley

Shipping giant Maersk announced they would implement a shipping freeze in their trade routes in the Red Sea due to a high seas attack from Yemen-based Houthi militants. Despite the best efforts in the volatile Red Sea, […]

Climate Crisis

Why California’s climate disclosure law should doom green energy

February 21, 2024 Stu Turley

California prides itself for being a leader with respect to tackling climate change.  This is because they believe, albeit on shaky scientific grounds, that their citizens “already” face devastating consequences inflicted on them by manmade […]

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