Crude Oil News
U.S. Oil Drilling Activity Inches Up
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count rose by 1 […]
Articles by Mariel Alumit
Imports
Spanish LNG imports down, reloads up in September
LNG imports decreased by 26 percent year-on-year to 14.2 TWh in September and accounted for 58.9 percent of the total gas imports. Previously, Spanish LNG imports decreased by 41 percent year-on-year to 13.2 TWh in August. […]
Exports
Atlantic LNG shipping rates dip below $50,000 per day
Last week, both Atlantic and Pacific LNG shipping rates declined. “Spark30S Atlantic rates dropped for a third consecutive week, reducing by $6,500 to $45,000 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]
Climate Crisis
‘Ticking Time Bombs’: Fire Marshal Warns of EVs Catching Fire In Hurricanes’ Aftermath
Florida’s state fire marshal is warning that ‘ticking time bombs’ in the form of electric vehicles will litter the state in the aftermath of recent hurricanes. Chief Financial Officer and State Fire Marshal Jimmy Patronis […]
Carbon Capture
EPA Power Plant Rules Require Carbon Capture, A Costly Technology Not Expected Until 2055
EPA’s new rule on carbon capture is facing harsh criticism for economic viability, reliance on intermittent energy, and impact on electricity costs. The EPA’s power plant rule that was finalized in April regulates carbon emissions […]
Climate Crisis
Poll: Voters Strongly Favor ‘All of the Above’ Energy Approach Over Rapid Green Transition
Voters overwhelmingly support an ‘all of the above’ energy policy over a rapid green transition, reflecting climate change skepticism and unwillingness to pay. The future of the clean energy transition is cloudy. It’s well-known that […]
Electrical Generation / Utilities
National Grid secures £1.7m from for net zero projects
National Grid has been awarded £1.7 million in funding from Ofgem‘s Strategic Innovation Fund to support the development of four projects aimed at advancing the UK’s shift towards a net zero energy system. This funding […]
International News
Germany Is Hardening Its Supply Chains Against Chinese Control
Berlin has finally realized a globalized world is also a risky one. How times have changed. A few short years ago, Germany shied away from any mention of business in connection with geopolitics. Now, the […]
Crude Oil News
Iran Could Build a Nuclear Weapon Sooner Than You Think
The history of other countries’ weapons programs shows that Tehran could complete and deploy a missile-deliverable warhead in a matter of months. Earlier this summer, U.S. Secretary of State Antony Blinken revealed that Iran could […]
Crude Oil News
Shelf Drilling scores jackup double in Nigeria
Dubai-based Shelf Drilling has landed new contracts for two jackup rigs in Nigeria. The Oslo-listed jackup rig pure-play has firmed up the letter of award from September into a three-year contract for the Shelf Drilling […]