Exxon Mobil has reported earnings of $8.61bn in the third quarter (Q3) of 2024, a decline of 4.4% from the $9.01bn reported in the same period of 2023. Total revenues and other income for the quarter […]
Technology companies’ push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. The Federal Energy Regulatory Commission […]
A patch of thunderstorms south of Jamaica is forecast to grow into Tropical Storm Rafael on Monday before strengthening into a hurricane late Tuesday as it moves northwest through the Caribbean toward the Gulf of […]
Comments highlight forecasters’ debate over oil demand growth US is seen focused on growth regardless of election outcome Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big […]
Electricity demand from data centres in Europe could increase by 2-3 times by 2030, largely fuelled by the rapid expansion of artificial intelligence applications. That’s according to a recent report from Bloomberg Intelligence (BI), which […]
LONDON/DUBAI/MOSCOW, Nov 3 (Reuters) – OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China […]
ENB Pub Note: This is an excellent article from Felicity Bradstock on OilPrice.com that really points out that greener policies will lead toward de-industrialization. Following Germany, New York, New Jersey, and California will only ruin […]
(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted earnings exceeded expectations by a nickel on Friday, while Chevron […]
ENB Pubnote: This is an excellent article from Nathan Hammer’s Substack. I recommend subscribing for his excellent articles on energy. The closure process is set to begin in January 2025, with the company expecting […]
ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record a podcast post on this topic next week. I highly recommend subscribing […]
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