Daily Standup Top Stories Trouble Deepens for North Sea Oil and Gas September 24, 2024 Mariel Alumit North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks. The windfall profit tax was […] Goldman Sees Upside for […]
Continue ReadingDaily Standup Top Stories Is driving electric now more expensive than petrol or diesel? September 23, 2024 Mariel Alumit Britain’s public charging network is facing criticism for high costs, making electric vehicle (EV) driving potentially twice as expensive as using petrol or diesel cars. The UK now has over 12,500 rapid and ultra-rapid charging […] Austria election […]
Continue ReadingDaily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled power in its grid. Unit 3 and Unit 4 at Plant Vogtle near Waynesboro, Georgia, have started commercial […] Shock Drop: […]
Continue ReadingWeekly Daily Standup Top Stories Why Kamala Harris Would Be A Total Disaster For American Energy September 15, 2024 Stu Turley The Biden-Harris administration’s whole-of-government war on energy perpetuates a very bleak vision of our nation’s future. President Dwight Eisenhower once declared that “pessimism never won any battle.” Yet, many Americans are understandably pessimistic these days. […] […]
Continue ReadingDaily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […] Relying on electricity interconnectors […]
Continue ReadingDaily Standup Top Stories It’s time to follow the Navy’s 50-year safety record of nuclear power generation September 17, 2024 Mariel Alumit Delivery of affordable, abundant, reliable, clean, and emissions-free electricity to customers is very important to modern quality of life. Achieving this is threatened by a vulnerable grid and the intermittency of wind and solar […]
Continue ReadingDaily Standup Top Stories Italy’s central bank backs helping poorer countries fund energy transition September 16, 2024 Mariel Alumit ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind a plan to help poorer countries reduce their carbon emissions, saying it would ultimately reduce the overall cost […] LNG pipeline […]
Continue ReadingWeekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders and national oil companies. Saudi Aramco, ADNOC, Trafigura, and other major players are in the race to acquire Shell’s […] It’s […]
Continue ReadingDaily Standup Top Stories Oil Markets Are Ignoring Imminent Production Cuts By 3 OPEC+ Members September 11, 2024 Stu Turley It’s doubtful whether the Gulf of Mexico shutdowns will generate enough momentum to fully reverse the months-long oil price selloff. Back in July, Russia, Iraq and Kazakhstan submitted their compensation plans to the OPEC Secretariat […] Layoffs […]
Continue ReadingDaily Standup Top Stories In Germany, The Green Energy Transition Is Only Getting Worse September 10, 2024 Andy Del Prado Germany is running faster and faster to stay in place. In the meantime, it is destroying its economy. Plenty of virtuous places (New York, California, UK, Australia) want to compete for the mantle of “climate […] Oil […]
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