Africa Energy Bank to Fun Oil and Gas

Daily Standup Top Stories Rye Development Converting Former Kentucky Coal Mine into 287 MW Pumped Storage Hydropower Facility June 4, 2024 Mariel Alumit Rye Development will receive $81 million in funding from the Department of Energy (DOE) to convert former coal mine land in Bell County, Kentucky, into a closed-loop, 287 MW pumped storage hydropower (PSH) […]

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Biden vs. Oil

Daily Standup Top Stories China’s state planner warns intensified EV price war on oversupply April 22, 2024 Mariel Alumit SHANGHAI, April 22 (Reuters) – China’s state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in […] Biden’s damaging […]

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New York CANCELS Offshore Wind

Daily Standup Top Stories Biden set to block millions of acres in Alaska from oil, gas drilling in Earth Day action April 19, 2024 Mariel Alumit The Biden administration is planning to block oil and gas drilling across millions of acres in an Alaskan reserve, which Congress specifically set aside for resource development. The Department of Interior (DOI) is expected […]

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Gas, oil and geopolitical updates

Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in […] Israeli War […]

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