AI
The Obscene Energy Demands of A.I.
In 2016, Alex de Vries read somewhere that a single bitcoin transaction consumes as much energy as the average American household uses in a day. At the time, de Vries, who is Dutch, was working […]
Articles by Mariel Alumit
Coal
Disaster is looming for the electric grid
Many energy experts and analysts have warned for years now that America’s power grid will not be able to accommodate the explosive growth in electricity demand it faces without a huge increase in generation capacity. […]
Crude Oil News
Plan to drill for oil and gas near Lowry Landfill Superfund site southeast of Denver raises red flags
Aproposed 166-well oil and gas project in suburban Denver could imperil a decades-long, multimillion-dollar effort to prevent carcinogenic chemicals stored on one of the nation’s most contaminated industrial sites from leaking into groundwater, letters from federal and […]
Crude Oil News
New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin
SANTA FE, N.M. (AP) — New Mexico’s State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and natural gas development in the Permian Basin as it seeks approval by […]
Crude Oil News
Offshore Oil & Gas E&P Staging A Comeback
Offshore Namibia, the success rate in offshore discoveries has been phenomenal so far. This week, TotalEnergies and QatarEnergy said they were expanding their efforts to explore for oil and gas in the Orange Basin offshore […]
Finance
EQT Announces Transformative Acquisition of Equitrans Midstream – Video – Updated
Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Provides >2,000 miles of critical pipeline infrastructure with extensive overlap […]
Carbon Capture
Climate Change Committee’s Net Zero Plan Involves Pumping Compressed CO2 With Energy of 500 Hiroshima Bombs into the Ground Every Year. Are They Mad?
In the last few weeks a number of serious errors have come to light in the Climate Change Committee’s (CCC) plan for Net Zero. The CCC plan was published mid-2019 in a document titled ‘Net […]
Big Oil Companies
Saudi oil giant Aramco posts 25% fall in full-year profit
KEY POINTS Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. The result still represents Aramco’s second-highest ever net income. The […]
Biofuel
Biofuels Market Booms as Demand Exceeds Pre-Pandemic Levels
Biofuels, particularly those derived from waste and non-food crops, are gaining traction as a renewable energy source to decarbonize hard-to-abate sectors like aviation and shipping. The U.S. and India are leading the charge in biofuel […]
International News
Alberta risks billions in renewable investments with new development rules
Alberta is at risk of losing its standing as Canada’s go-to destination for renewable energy investment, as continuing uncertainty after its seven-month project moratorium collides with other provinces’ growing embrace of technologies like solar, wind, […]