U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]
Wolfsburg plant will produce all-electric Golf model Documents show allocation of production in strategic plan Volkswagen AG is shelving a plan to build a €2 billion ($2.1 billion) factory for an important new electric-car project dubbed […]
Lloyd’s of London and other big European insurers are underwriting almost a third of US coal production despite their net zero pledges, according to research, with the Lloyd’s insurance market emerging as the second-biggest player. […]
Saudi Arabia and Russia have raked in billions of dollars in extra oil revenues in recent months, despite pumping fewer barrels, after their production cuts sent crude prices soaring. The cutbacks were a risky strategy, […]
The credibility of the International Energy Agency continues to wane as it continues to advocate for an urgent shift towards a decarbonized economy. According to the IEA, global fossil fuel demand must decline 25% by […]
Daily Standup Top Stories Saudi Arabia Considers A Surprising Bet On Iranian Oil And Gas September 27, 2023 Mariel Alumit Iran has around $50 billion in oil and gas projects in the works. Following the resumption […]
The International Energy Agency (IEA) has updated its net zero scenario, pushing for governments to implement more aggressive climate policies on the energy industry. The IEA itself acknowledges the scenario is “a pathway, but not the […]
Phasing out Natural Gas to cost Ontario residents $3,300 annually per household by 2030 – Report Toronto – Residents in Ontario should expect to pay another $3,300 a year per household if natural gas is […]
Authored by Mario Loyola via RealClear Wire, The U.S. Supreme Court’s ruling in West Virginia v. EPA last year was a historic defeat for the Environmental Protection Agency. Not only did the Court rule that […]
NewsEnergy Israel’s energy minister and the chief executive of UAE’s renewable energy firm Masdar have met to advance a water-for-energy deal with Jordan, according to the Israeli energy ministry. The aim of the meeting on […]
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