Daily Standup Top Stories Winter squeeze: Average energy bills could jump to £1,714 August 19, 2024 Mariel Alumit Energy bills across Britain might increase by 9% this winter, reaching an average of £1,714 a year for the typical household‘s gas and electricity. Consultancy Cornwall Insight has released its final forecast for the energy […] House Hearing Reveals […]
Continue ReadingWeekly Daily Standup Top Stories BRICS Officially Announces Financial System Similar to SWIFT July 26, 2024 Stu Turley The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new financial messaging system similar to SWIFT will allow BRICS to reshape […] Vital Energy nearing […]
Continue ReadingDaily Standup Top Stories Shell to build carbon capture and storage projects in Canada June 26, 2024 Mariel Alumit Shell Canada Products, a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately […] US Treasury […]
Continue ReadingDaily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […] U.S. LNG […]
Continue ReadingDaily Standup Top Stories U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC June 3, 2024 Mariel Alumit The U.S. House of Representatives voted largely along party lines to prevent the Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks […] Saudi […]
Continue ReadingDaily Standup Top Stories What’s Going on with Electric Vehicles? May 21, 2024 Mariel Alumit 2024 has not been kind to the electric vehicle, particularly in the United States. Sales are down, Tesla laid off staff, and EVs have been caught in the political crosshairs. The future of transportation may […] Oil falls 1% as US inflation […]
Continue ReadingDaily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Riposte Capital Issues Statement […]
Continue ReadingDaily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] Don’t let California […]
Continue ReadingDaily Standup Top Stories CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION March 19, 2024 Mariel Alumit HOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […] Up […]
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Daily Standup Weekly Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits the US […]
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