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HomeTop News

Top News

Canadian Natural Resources
Crude Oil News

Canadian Natural Resources Q3 Profit Slips as Oil and Gas Prices Fall

October 31, 2024 Mariel Alumit

Canada’s largest oil and gas producer, Canadian Natural Resources (NYSE: CNQ), reported lower adjusted net earnings from operations for the third quarter compared to a year earlier amid plunging natural gas prices in North America […]

Plastic Recycling
Big Oil Companies

California Targets ExxonMobil’s Plastic Recycling Claims In Latest Lawfare Against Big Oil

October 30, 2024 Mariel Alumit

Plastic recycling claims are deceptive and destructive while wind and solar waste are given short shrift. ​“Exxon Knew!” The battle cry has inflamed and inspired climate activists for decades. Since the 1970s, they allege, “Exxon […]

Oil Demand
Crude Oil News

Sinopec, PetroChina Hit Hard by China’s Slowing Oil Demand

October 30, 2024 Mariel Alumit

China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil demand weakened further in the third quarter. Lower refining and chemicals demand contributed to a sharp drop in […]

Russia And Iran
Crude Oil News

What Are Russia And Iran Cooking Up In Their Recent Flurry Of High-Level Meeting

October 30, 2024 Mariel Alumit

Russia and Iran recently held high-level meetings to strengthen their 20-year cooperation treaty. Both countries aim to reduce reliance on the U.S. dollar in international trade, especially with key partners like China. A proposed “Land […]

oil
Crude Oil News

Oil Steady After EIA Confirms Draw in Crude, Gasoline Inventories

October 30, 2024 Mariel Alumit

Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25. At the time of writing, Brent crude was trading […]

US election
Political

‘World’s most accurate economist’ predicts US election outcome

October 29, 2024 Mariel Alumit

Republican candidate Donald Trump will “most probably” win the US presidential election next month, economist Christophe Barraud, ranked by Bloomberg as the top forecaster of the American economy, has said. With one week to go until the […]

Electrical Generation / Utilities

UK nuclear plant closures threaten energy bill reductions

October 29, 2024 Mariel Alumit

The impending closure of two Advanced Gas Reactor (AGR) nuclear power stations in the UK is predicted to lead to higher wholesale electricity prices in 2027, potentially undermining the government’s promise to reduce energy bills […]

Biden-Harris
Electrical Generation / Utilities

Biden-Harris Electrification Push Spiked Household Energy Costs, DOE Data Reveals

October 29, 2024 Mariel Alumit

The Biden-Harris administration released DOE data showing its push to electrify everything will ratchet up costs for American households. The Biden-Harris administration released data on Oct. 17 suggesting its push to electrify everything will ratchet […]

electric buses
Electric Vehicles

German City Chooses Diesel Buses Over Electric, Cites High Costs Even After Subsidies

October 29, 2024 Mariel Alumit

A German city learns electric buses are significantly pricier than diesel ones, even with subsidies, causing delays in their green transition. The hype about green energies being the future is quickly becoming a thing of […]

Colonial Pipeline
Finance

Colonial Pipeline Weighs Sale at $10 Billion-Plus Value

October 29, 2024 Mariel Alumit

Company is working with advisers to gauge buyer interest Colonial Pipeline is backed by investors including KKR, CDPQ Colonial Pipeline Co., operator of the largest US fuel pipeline system, is weighing options including a sale […]

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