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HomeFinance

Finance

New Upside Risk
Finance

There’s a “New Upside Risk” in Town: “Pent-up Exuberance” – Fed’s Bostic

March 5, 2024 Stu Turley

If it’s unleashed at the “first hint” of a rate cut, it “would create upward pressure on prices.” But it may be too late, it has been unleashed by rate-cut mania. By Wolf Richter for WOLF STREET. Atlanta Fed […]

South Korea’s Hanwha Ocean
Finance

South Korea’s Hanwha Ocean inks memorandum to build 12 LNG carriers

March 5, 2024 Mariel Alumit

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has signed a memorandum of agreement to build 12 liquefied natural gas (LNG) carriers as part of QatarEnergy’s massive shipbuilding program. Hanwha Ocean said in a […]

BRICS
Crypto

BRICS to create blockchain-based payment system – Putin aide

March 5, 2024 Mariel Alumit

The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms The BRICS group of emerging economies plans to create a payment system based on digital technologies, […]

OPEC+
Crude Oil News

Oil settles lower on weak demand despite OPEC+ cut extension

March 4, 2024 Mariel Alumit

March 4 (Reuters) – Oil prices settled slightly lower on Monday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through the middle of the year by the OPEC+ producer group. Brent […]

Crude Oil News

Deal Spotlight Episode #4 Navigating the Oil Patch: Insights into Mergers, Metrics, and Market Trends

March 4, 2024 Stu Turley

This is a Deal Spotlight with John Ferrell, Co-Founder / CEO at WellDatabase, and Michael Tanner. They cover great use of techniques in evaluating oil and gas deals. They even cover the Diamondback and Endeavor […]

World’s largest floating solar
Finance

World’s largest floating solar project to become part of OranjeWind

March 4, 2024 Mariel Alumit

SolarDuck The Nautical Sunrise consortium partners are looking to create the world’s largest offshore floating solar (OFS) power installation offshore the Netherlands. Research and development on the OFS systems and the components of the €8.4m […]

Coal

Daily Energy Standup Episode #321 – TotalEnergies Resumes Denmark Gas Field, Solar Farms on the Market, and More

March 4, 2024 Andy Del Prado

Daily Standup Top Stories TotalEnergies upholds March restart date for Denmark’s largest natural gas field March 2, 2024 Stu Turley TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has confirmed the previously set restart […]

Kimmeridge Energy
Crude Oil News

Kimmeridge Energy seeks SilverBow board seats

March 3, 2024 Stu Turley

March 1 (Reuters) – Energy producer SilverBow Resources Inc (SBOW.N), opens new tab said on Friday that top shareholder Kimmeridge Energy Management has nominated three candidates to its board, following a failed attempt to take the company […]

ENB Pub Note

Solar Farms are being sold early and cheap – Here is one: Solar for sale: 1,100 acres, $15 million, in the Town of Sharon

March 2, 2024 Stu Turley

ENB Pub Note: We are seeing this across the world. It is tougher to upkeep the wind and solar farms than advertised because of the “Shell Game Accounting” that has gone on over the last […]

Inflation
Finance

Inflation Saga Far from Over: Services Inflation in Euro Area Just as Stubborn as in the US, Makes Very Disconcerting Moves

March 2, 2024 Mariel Alumit

Over the three months through February, services inflation has been running at roughly the same hot rate as during the peak a year ago. By Wolf Richter for WOLF STREET. In the 20 countries that use the euro, […]

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