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HomeTop News

Top News

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 […]

Greece
Climate Crisis

Many roadblocks delay journey to zero carbon world

October 28, 2024 Mariel Alumit

TINOS, Greece, Oct 28 (Reuters Breakingviews) – The task of decarbonising the global economy can be split into three parts: electrify as many activities as possible; use low-carbon processes when that’s not possible; and make […]

LNG Emissions
Energy Policy

Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers

October 28, 2024 Mariel Alumit

GOP lawmakers demand answers from DOE over allegations it buried a study on LNG emissions, claiming Biden-Harris admin has hurt US energy interests. ​Forty-five GOP lawmakers are demanding answers from the Department of Energy (DOE) […]

BP and Shell
Big Oil Companies

BP and Shell Brace for Profit Drop

October 28, 2024 Mariel Alumit

BP and Shell are expected to report lower profits this week due to weak oil prices and falling refining margins. Both companies are facing investor pressure, with BP scaling back its renewable energy plans and […]

BRICS summit
BRICS

Fyodor Lukyanov: Here’s why this week’s BRICS summit will eventually be seen as a milestone

October 26, 2024 Mariel Alumit

The group’s success means that the West is no longer totally in control of international systems This week’s BRICS summit in Kazan, Russia, caused a stir, which is understandable. It was a major event in […]

Net Zero
Climate Crisis

Green Blunder: UK’s Net Zero Dreams Have Turned Into An Economic Nightmare

October 26, 2024 Mariel Alumit

The UK went from an industrial powerhouse to an economic backwater thanks to its shift to Net Zero. ​Britain, the nation that birthed the Industrial Revolution, is now a world leader in deindustrialization. The power […]

Fossil Fuels
Alternative Investments

Investors Turn To Fossil Fuels As Green Energy Falters On Costs, Reliability

October 26, 2024 Mariel Alumit

Hedge funds are betting against green sectors like solar and EVs, favoring fossil fuels as renewable energy struggles with high costs and unreliability. ​A little more than a year ago, a New York Times headline […]

EV
Climate Crisis

Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars

October 26, 2024 Mariel Alumit

Biden’s strong-arm tactics to force Americans to buy EVs have only stiffened consumer resolve not to purchase them. ​A strong case can be made that the worst thing that ever happened to the electric vehicle […]

BRICS
BRICS

Korybko To Ishaan Tharoor: BRICS Members’ Political Differences Won’t Impede Financial Co-Op

October 23, 2024 Mariel Alumit

All that BRICS does is gather together some of the world’s largest economies like China and India, key energy players like Russia and the UAE, and some of the world’s most promising emerging economies like […]

Oil Prices
Crude Oil News

Goldman Sachs Sees Limited Upside for Oil Prices in 2025

October 23, 2024 Mariel Alumit

Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]

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