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HomeEnergy Crisis

Energy Crisis

fuel
Crude Oil News

Argentina fuel pump crisis deepens as government threatens export halt

November 1, 2023 Mariel Alumit

Nasdaq BUENOS AIRES – Argentina’s fuel crisis deepened on Monday as filling stations around Buenos Aires ran out of petrol and long queues formed elsewhere, while the government said it could halt exports to preserve […]

Alberta
Energy Crisis

Varcoe: Alberta says power prices are too high, vows overhaul of electricity system

October 31, 2023 Mariel Alumit

Premier Danielle Smith said a package of changes will likely be presented to cabinet at the end of 2023 or early next year Alberta’s electricity system — and consumers across the province — are in […]

gas
Energy Crisis

‘Too soon’ to assess impact of Ukraine’s halt to Russian gas transit – EU official

October 31, 2023 Mariel Alumit

Tim McPhie believes it’s “premature” to predict the fallout from terminating the contract, which is set to expire next year Brussels cannot yet assess the consequences of Kiev’s decision not to renew its gas transit […]

Gas
Energy Crisis

Gas Flows to Egypt Stop

October 30, 2023 Mariel Alumit

Egypt’s natural gas imports have ground to a halt, the cabinet said Sunday, in a development that reflects the impact of the Gaza conflict on the North African nation and could dash hopes of a […]

renewable
Big Oil Companies

Rich countries should stop pushing fossil fuels on Africa – don’t we deserve a renewable future too?

October 30, 2023 Mariel Alumit

ENB Pub Note:  I like publishing all sides to a story, even when I do not agree with them. Vanessa Nakate wrote this on The Guardian, and I think she would benefit from visiting with […]

Crude Oil News

Daily Energy Standup Episode #240 – Offshore Wind Challenges, Geopolitical Conflicts, and Market Trends

October 30, 2023 Andy Del Prado

Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]

GE Offshore Wind to Post 1 Billion Loss in 2023 and Again in 2024
ENB Pub Note

GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024

October 29, 2023 Mariel Alumit

General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion for this year and next as the industry struggles with rising costs. “Offshore Wind remains difficult this year with losses of […]

Energy Crisis

Europe’s wind power goal hits new snag: security

October 29, 2023 Mariel Alumit

North Sea countries to aim to quadruple offshore wind, security plans vague Most governments say offshore developers should pay for security Developers say states should pay to protect territorial waters As Europe turns to renewable […]

Crude Oil News

Hostile political attitude to North Sea oil and gas threatens energy security

October 28, 2023 Mariel Alumit

Despite the recent high-profile approval of the Rosebank oil field in the North Sea, the picture for domestic oil and gas production remains bleak. The Conservative Government has recently spied an opportunity for re-election by […]

round
Energy Crisis

CfD auction round failure underscores Government’s wrong thinking on subsidies

October 28, 2023 Mariel Alumit

Earlier this month, the UK Government completed its latest subsidy round for renewable electricity generation – the fifth allocation round (“AR5″) for the Contracts for Difference (CfD”) scheme. And it has widely been seen as […]

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