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HomeTop News

Top News

Germany’s EV
Climate Crisis

Shock Drop: Germany’s EV Sales Tank 70% As EU’s Green Dream Falters

September 21, 2024 Stu Turley

Germany’s EV market faces a 70% sales drop, sparking concerns over EU’s green targets amid high prices, range issues, and infrastructure woes. Germany has suffered a “spectacular” drop in electric car sales as the European […]

Grid connections
Energy Transition

Grid connections seen as major hurdle for renewable energy growth

September 21, 2024 Mariel Alumit

Nearly 75% of energy experts consider timely grid connections to be the most significant challenge for renewable energy deployment in the UK. That’s according to a recent poll conducted by Cornwall Insight and Weightmans, which […]

Drilling
Crude Oil News

Oil, Gas Drilling Stalls in U.S.

September 20, 2024 Mariel Alumit

The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]

TotalEnergies
Big Oil Companies

TotalEnergies Set to Develop $9 Billion Suriname Oil Resources

September 20, 2024 Mariel Alumit

French supermajor TotalEnergies has started to scour the market for deepwater rigs and support vessels to begin development of massive resources discovered offshore Suriname, anonymous sources with knowledge of the tenders told Bloomberg on Friday. Exploration and […]

Crude Oil News

What do the markets think about oil prices through the rest of 2024

September 20, 2024 Stu Turley

Conclusion on Oil Price Forecasts for 2024 ​The consensus among market analysts indicates that oil prices will likely remain elevated for the remainder of 2024, with projections suggesting an average price range for Brent crude […]

Oil
Crude Oil News

Has Sentiment Finally Shifted in Oil Markets?

September 20, 2024 Mariel Alumit

Oil prices are on track to post a second weekly gain as bullish sentiment builds and the prospect of a prolonged price rally becomes increasingly likely. Friday, September 20th, 2024 Oil prices are set to […]

ConocoPhillips
International News

ConocoPhillips seals gas supply deal with Germany’s Uniper

September 20, 2024 Mariel Alumit

According to a statement by Uniper, the two firms have extended their long-term gas partnership for the supply of up to 10 billion cubic meters of natural gas over the next 10 years. Under the […]

Oil And Gas
Big Oil Companies

Oil Giant BP Ditches Wind Energy, Emphasizes Oil And Gas Over Offshore Projects

September 20, 2024 Mariel Alumit

BP said that it would be implementing a hiring freeze and pausing new offshore wind farms as it focuses on oil and gas to satisfy investors. British oil company BP is divesting its U.S. onshore […]

Biden-Harris EV
Climate Crisis

Energy Groups Slam Biden-Harris EV Push As ‘Deceptive Overreach,’ Urge Congress To Act

September 20, 2024 Mariel Alumit

20 energy groups urge Congress to repeal the Biden-Harris EV mandate, arguing it undermines consumer choice and imposes excessive regs. Energy-focused organizations called on lawmakers to scrap the Biden-Harris administration’s electric vehicle (EV) “mandate” in […]

offshore wind
International News

France’s €2.4bn offshore wind farm powers ahead

September 20, 2024 Mariel Alumit

Iberdrola has launched the Saint-Brieuc offshore wind farm in Brittany, France. The €2.4 billion (£2bn) project has a capacity of 496MW and will provide clean energy to nearly one million people in the region. It […]

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