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Home2025

Year: 2025

EV SPAC
Finance

The Collapse of the EV SPACs: Nikola Joins EV SPAC Bankruptcy Lineup. Here Are Those Already Bankrupt, and Those Not Yet

February 19, 2025 Stu Turley

The Consensual Hallucination that drove the EV SPAC mania didn’t die with the EV SPACs; it moved on to other stocks. By Wolf Richter for WOLF STREET. Nikola, the “legendary” maker of fuel-cell electric and battery-electric class-8 trucks […]

Critical Minerals

Trump’s Policy Deluge Is Causing Paralysis in the Oil Market

February 19, 2025 Clark Savage

The oil market is becoming increasingly numb to the array of changes that Donald Trump is trying to make now that he’s US President again. Trump spent his first weeks in office railing against OPEC, […]

Iran
Crude Oil News

Iranian Oil Exports to China are rolling

February 19, 2025 Clark Savage

Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 decimated them in January. In a last-minute push to sanction Iran, the Biden admin blacklisted […]

Diamondback Energy
Finance

Diamondback Energy to expand in Permian basin with $4.08 billion deal

February 19, 2025 Mariel Alumit

Feb 18 (Reuters) – Diamondback Energy (FANG.O) said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich […]

Diamondback Energy - Energy News Beat
Crude Oil News

Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition

February 19, 2025 Clark Savage

Diamondback Energy, Inc. (NASDAQ: FANG) on Tuesday announced a deal to buy Double Eagle IV Midco in an acquisition valued at about $4 billion, which gives the buyer increased presence in the Midland Basin in the top-oil […]

No Picture
Crude Oil News

West will have to reconsider Russia sanctions as part of Ukraine peace deal – Rubio

February 19, 2025 Mariel Alumit

Ending the conflict could open up “historic” opportunities for US-Russian relations, the US secretary of state has said The United States and its allies would have to address the sanctions imposed on Russia in order […]

Russia-US
Geopolitical

Rebuilding ties, finding common ground, Ukraine peace negotiations: key takeaways from Russia-US talks in Riyadh

February 19, 2025 Mariel Alumit

Russian Foreign Minister Sergey Lavrov has described the meeting with the US delegation as “useful” as both sides look to re-establish contacts Russia and the US have taken the first steps towards normalizing relations after […]

UK Government
Climate Crisis

UK Government relaunches Net Zero Council 

February 19, 2025 Mariel Alumit

The UK Government has relaunched the Net Zero Council with a plan to help various sectors accelerate towards net zero targets and support thousands of jobs. The relaunch reflects a new “mission-led approach”, ensuring government […]

EU
Finance

EU forges ahead with ‘independent’ Russia sanctions policy amid mixed US signals

February 19, 2025 Mariel Alumit

  EU envoys agreed on a further round of sanctions on Russia on Wednesday amid conflicting signals from the United States about the future of Washington’s own  regime of restrictive measures aimed at Moscow. The […]

LNG imports
Imports

Japan’s January LNG imports rise

February 19, 2025 Mariel Alumit

The country’s LNG imports increased to 6.64 million tonnes last month. LNG imports dropped slightly compared to 6.74 million tonnes of LNG in December, which was up by 5.7 percent year-on-year. The world’s second-largest LNG importer […]

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