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HomeTop News

Top News

Energy Policy

Trump return will slow, not stop, US clean energy boom

November 6, 2024 Clark Savage

Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely […]

Europe
Imports

Europe Stocks Up On LNG Ahead of Winter

November 6, 2024 Mariel Alumit

The rare October jump in LNG imports was largely due to buyers stocking up on the fuel at steady prices at the end of the summer. Once again at the mercy of the winter weather, […]

Offshore Wind
Energy Policy

Offshore Wind Faces Potential Trump Ban on Day One

November 6, 2024 Mariel Alumit

The U.S. offshore wind industry, pivotal to the energy transition, faces a potential shutdown under a Trump presidency. Offshore wind development has struggled with high costs, safety concerns, and wildlife impact controversies. The election outcome […]

Aramco
Exports

Aramco working on further LNG expansion

November 6, 2024 Mariel Alumit

Saudi Arabia’s Aramco made its first international investment in LNG last year to capitalize on rising LNG demand. In September 2023, Aramco agreed to buy a minority stake in MidOcean Energy, the LNG unit of US-based energy […]

Geopolitical

EU’s Jorgensen Wants Cheaper Energy, End to Russian Fuel Imports

November 5, 2024 Clark Savage

Dan Jorgensen is designate for next EU Energy Commissioner Jorgensen unveils his priorities at hearing in EU Parliament Dan Jorgensen, designate as the European Union’s next energy chief, pledged measures to lower prices and end […]

Oil Markets
Crude Oil News

Oil Markets on Edge Ahead of Tight U.S. Presidential Election

November 5, 2024 Mariel Alumit

The U.S. presidential election promises to dominate global news coverage for the next 24 hours, and oil markets will be watching developments closely after both WTI and Brent banked gains from the OPEC+ decision on […]

Russia’s Oil Revenues
Crude Oil News

Russia’s Oil Revenues Plunged 29% in October as Crude Prices Fell

November 5, 2024 Mariel Alumit

Russia’s oil revenues in October 2024 declined by 29% compared to the same period in 2023 due to lower global oil prices and domestic subsidies. The lower oil prices and subsidies negatively impacted Russia’s budget, […]

ConocoPhillips
Big Oil Companies

ConocoPhillips Raises Share Buyback Plan to $20 Billion

November 5, 2024 Mariel Alumit

ConocoPhillips has bumped up its current share redemption package to up to $20 billion and raised its ordinary dividend by 34 percent to $0.78 per share. In the first nine months the exploration and production […]

Bulgaria
Geopolitical

Bulgaria starts constructing an ‘irreversible’ nuclear project with US reactors

November 5, 2024 Mariel Alumit

  On Monday, the Bulgarian government began constructing two nuclear reactors using US technology, signing the first major contract worth nearly $350 million – a deal that Energy Minister Vladimir Malinov said made the nuclear […]

Energy industry
Electrical Generation / Utilities

Energy industry responds to NESO’s Clean Power 2030 report

November 5, 2024 Mariel Alumit

The energy industry has largely welcomed the National Energy System Operator’s (NESO) report on achieving clean power in the UK by 2030, with leaders highlighting the need for policy support, an industrial strategy and consumer […]

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