The U.S. Department of Energy’s Office of Electricity (DOE-OE) has announced a significant step toward bolstering the nation’s electric grid with $15 million in funding for six innovative projects aimed at advancing energy storage resiliency. […]
China’s EV market is quite fascinating, and some of their products are equipped with cool features; however, their predatory practices, which contribute to trade imbalances in export markets, are taking a toll on the EV […]
Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the […]
No longer the cleanest dirty shirt. By Wolf Richter for WOLF STREET. The somewhat bedraggled US dollar lost more ground against the euro today. It now takes 1.16 USD to buy 1.00 EUR, putting the dollar at the […]
When Israel’s strikes on Iranian facilities sent oil prices spiking in mid-June 2025, U.S. oil producers didn’t hesitate. With West Texas Intermediate (WTI) crude jumping from the high $50s to $75 per barrel, shale operators […]
Daily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the […]
In a significant move within the energy sector, Diversified Energy Company (DEC) and global investment firm Carlyle (CG) have announced a strategic partnership to invest up to $2 billion in proved developed producing (PDP) natural […]
Demand destruction on an epic scale, after the price explosion. And inventories are piling up.
ENB Pub Note. The Update from LNG Prime is below, including information on LNG’s impact on their last earnings statement. The latest Shell earnings report and related sources don’t provide a specific figure for the […]
ENB Pub Note: The Golar update from LNGPrime.com is below Golar’s last earnings summary. Golar LNG Limited (GLNG) released its last earnings report for Q1 2025, covering the quarter ended March 31, 2025. Here’s a […]
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