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  • [ February 8, 2023 ] Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio Electrical Generation
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Aljazeera International

UN chief warns of ‘wider war’ as Ukraine conflict intensifies

February 6, 2023 Mariel Alumit

United Nations Secretary General Antonio Guterres has warned the world that it may be heading towards a “wider war” as the risk of a further escalation of the Russia-Ukraine conflict rises. In a speech to […]

Russian
Energy Crisis

Russian Fiscal Budget Shows 35% Decline For January

February 6, 2023 Mariel Alumit

Official figures from the Russian Finance Ministry on Monday show a 35% decline in fiscal budget revenues in January, compared to the same period last year, reporting a ~$24-billion budget deficit for January. The budget […]

Climate Crisis

Germany Considers Diverting Anti-Coal ‘Green’ Subsidies To Weapons Production

February 6, 2023 Mariel Alumit

Germany is currently mulling reducing its focus on the long hyped ‘green’ initiatives as it scrambles to ramp up lagging defense manufacturing after recently approving a 100 billion euro military revamp in response to the […]

Aljazeera International

European Union bans Russian diesel, oil products over Ukraine – Consumers are in the cross hairs

February 5, 2023 Mariel Alumit

Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]

Crude Oil News

G7-led coalition sets price cap on Russian oil products

February 5, 2023 Allen Santos

​WASHINGTON, Feb 3 (Reuters) – The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s […]

Commodities

Companies In UK Are Hitting The Wall At Fastest Rate Since Global Financial Crisis

February 4, 2023 Allen Santos

Authored by Nick Corbishley via NakedCapitalism.com, As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses… Business insolvencies in the UK surged by […]

Financial Crisis

A Tale Of Two Worlds – It’s not about land in Ukraine or NATO – It’s about the battle to devaluate the dollar.

February 4, 2023 Allen Santos

Authored by Alasdair Macleod via GoldMoney.com, In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of […]

hydrogen
Hydrogen

There’s a buzz about green hydrogen. But pink, produced using nuclear, may have a huge role to play too

February 3, 2023 Mariel Alumit

While there’s a buzz about hydrogen and its use as a tool in securing a low-carbon future, the vast majority of its production is still based on fossil fuels. Today, an array of sources and […]

New York
Crude Oil News

The New York Times Just Admitted That The West’s Anti-Russian Sanctions Are A Failure

February 3, 2023 Mariel Alumit

Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]

EU
Zero Edge

The EU’s Response To Biden’s Inflation Reduction Act Is Finally Here

February 3, 2023 Mariel Alumit

Authored by Felicity Bradstock via OilPrice.com, Following the passing of the Inflation Reduction Act in the U.S., pressure grew on the EU to introduce its own legislation to help fund the clean energy push on […]

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Vermont
Electrical Generation

Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio

February 8, 2023

​Vermont’s only natural gas company is exploring possible sites for its first fossil-fuel-free, networked geothermal project, a heating and cooling technology that could be a natural fit for a company already skilled at designing and […]

Minnesota
Electrical Generation

Minnesota power co-op wants to invest in flexibility for fossil fuel peaker plant

February 8, 2023

​Minnesota’s largest electricity cooperative wants the option to burn diesel fuel oil at a central Minnesota peaker plant as a hedge against volatile natural gas prices. Great River Energy is seeking approval from Minnesota regulators […]

New England
EIA News

New England’s power grid weathers last weekend’s record-breaking cold and wind

February 8, 2023

February 8, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes […]

U.S
EnergyNews

U.S. natgas output to hit record high in 2023, demand to fall

February 7, 2023

U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry […]

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