For generations, Germany has been a manufacturing powerhouse. The country was in the vanguard of the industrial revolution in the nineteenth century, establishing dominant positions in electrical components manufacturing and chemical production. Devastated by WWII, […]
“Delhi has had to weigh its geopolitical economic interests as a close ally of the U.S. in the Indo-Pacific region with its continued dependence on cheap Russian oil, coal, and fertilizers and armaments for meeting […]
HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]
Image: TotalEnergies French energy giant TotalEnergies has signed a 16-year liquefied natural gas (LNG) supply deal with Singapore’s Sembcorp Industries. TotalEnergies Gas & Power Asia and Sembcorp Fuels signed the sale and purchase agreement. According […]
US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters in Finland and Germany. Besides new charters, net income rose 58.5 percent to $126.8 million in […]
Already the largest in Europe, the country is now looking to pass Japan, according to the president Russia is already the biggest economy in Europe in Purchasing Power Parity (PPP) terms, and could join the […]
The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president The BRICS states are overtaking the G7 in terms of share in global GDP in […]
Daily Standup Top Stories Demagogues imperilling global fight against climate breakdown, says Kerry February 28, 2024Â Mariel Alumit The populist backlash against net zero around the world is imperilling the fight against climate breakdown and must […]
By Wolf Richter for WOLF STREET. The ECB has shed €2.0 trillion of its assets since QT began, as of the latest weekly balance sheet. Its total assets are now down to €6.83 trillion, the lowest since November […]
Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million as it aims to create the largest […]
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