January 1 marks the beginning of California’s mandate that all new trucks registered must be powered by batteries or hydrogen. The rule will cover some 1.8 million trucks, as California has the largest fleet in […]
Exxon estimated taking a $2.4 billion to $2.6 billion impairment to oil and gas properties along the Southern California coast. Sable Offshore, a company created in 2020, agreed more than a year ago to pay […]
Analysts polled by the news agency expect GDP to turn sluggish due to high interest rates The Russian economy will inevitably slow down in 2024 due to tight monetary policies pursued by the central bank, […]
SINGAPORE, Jan 5 (Reuters) – China’s oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world’s biggest crude importer, refinery and […]
Since the start of the Russia-Ukraine war in February 2022, energy trade (especially oil) between Russia and India has increased unexpectedly. Before the beginning of the war, India’s share of Russian oil imports was only […]
Daily Standup Weekly Top Stories OPEC’s Influence on Oil Prices To Remain Significant In 2024 January 2, 2024 Mariel Alumit Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone […]
Almost everyone knows that the range estimates advertised by automakers should be taken with a grain of salt, and I’m talking about both electric and combustion vehicles. That said, some EVs manage to beat range […]
Viv Forbes reminds us of how quickly peace can turn to war and how important energy and industrial strength suddenly was. At this point Australia has lost half the refining capacity it once had and […]
ENB Pub Note: This article is from Andrew Korybko’s Newsletter on Substack. I had to read the article several times to believe the horror. You can assume from the meetings with the Biden Administration in […]
Average hourly earnings fuel worries on the inflation front. By Wolf Richter for WOLF STREET. It was the kind of jobs data you’d expect from an economy that is plugging along just fine. The number of payroll jobs […]
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