GE is cutting hundreds of jobs in its onshore wind power group. The move comes as GE faces a trifecta of challenges: Rising input costs, supply chain issues, and competition from the likes of Siemens. […]
Washington sees OPEC+’s decision to slash oil production by more than 2 million barrels a day as political interference and a “blow” against U.S. President Joe Biden, said Dan Yergin, vice chair of S&P Global. […]
Speaking at the Energy Intelligence Forum in London, ADNOC Managing Director and CEO and UAE Minister of Industry and Advanced Technology, Sultan Ahmed Al Jaber, has stressed the importance energy industry has in maintaining energy […]
Everbody panic! Bloomberg’s market pulse gauge is signalling panic. The Bloomberg market pulse index quantifies sentiment using 6 factors — price breadth, pairwise correlation, low vol performance, defensive vs. cyclical sector performance, high vs. low […]
Today, National Gird ESO published its Winter Outlook for 2022/23, updating its position since the early outlook issued in July, which was widely seen as unrealistic. The position in July was that a capacity margin of 4.0 GW was […]
President Biden and senior officials in his administration have repeatedly said this year that the U.S. is near “record levels” of domestic oil and gas production. According to a new study, however, that’s not exactly the case. The analysis by economists Stephen […]
The International Energy Agency’s executive director says close to 90% of European gas storage is full. “So this winter is difficult, but next winter may also be very difficult,” the executive director of the International […]
The economic data coming in the past week is in alignment with prior forecasts. Bottom line, energy driven inflation has collapsed consumer spending, inventories climbing, vendors are cancelling orders, and this is peak season for […]
The Quarterly Coal Report (QCR) provides detailed quarterly data on U.S. coal production, exports, imports, receipts, prices, consumption, quality, stocks, and refined coal. The report also provides data on U.S. coke production, consumption, stocks, imports, and exports. […]
An annual update from Urgewald and 40 partner NGOs found that 46% of companies on its Global Coal Exit List were pursuing new coal power plants, coal mines or new coal transport infrastructure. “Investors, banks, […]
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