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HomeTop News

Top News

Oil Prices
Crude Oil News

Oil Prices Tumble as Traders Turn Bearish

September 10, 2024 Mariel Alumit

Hedge funds and other money managers have reduced their bullish bets on oil to the lowest level since 2011. The decline in bullish sentiment is driven by rising global oil supply, weaker-than-expected demand, and concerns […]

Oil
Crude Oil News

OPEC Drops 2024 Crude Oil Demand Forecast For Second Straight Month

September 10, 2024 Stu Turley

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday. The cartel had held firm to its initial 2024 forecast, first published in […]

China
Coal

China has more than 1 billion tons/year of new coal mines in pipeline, report says

September 10, 2024 Mariel Alumit

BEIJING, Sept 10 (Reuters) – China accounts for more than half of the world’s pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. China is […]

Germany
Climate Crisis

In Germany, The Green Energy Transition Is Only Getting Worse

September 10, 2024 Andy Del Prado

Germany is running faster and faster to stay in place. In the meantime, it is destroying its economy. ​Plenty of virtuous places (New York, California, UK, Australia) want to compete for the mantle of “climate […]

Harris
Climate Crisis

Harris Wooing U.S. Steel After Pushing Extreme Policies To Torpedo The Industry

September 10, 2024 Andy Del Prado

In another flip-flop, Kamala Harris is now championing steelworkers despite pushing radical policies to destroy the industry. ​Vice President Kamala Harris has championed radical environmental policies supported by activist groups that, in part, led to […]

Greenpeace
Political

The Texas Billionaire Who Has Greenpeace USA on the Verge of Bankruptcy

September 9, 2024 Mariel Alumit

Fossil-fuel billionaire Kelcy Warren is about to land a knockout punch on Greenpeace. The pipeline magnate’s company, Energy Transfer ET -0.41%decrease; red down pointing triangle, is behind a lawsuit that Greenpeace says could bankrupt the environmental group’s […]

ESG
ESG

An ESG Backlash Erupts in Europe on World’s Strictest Rules

September 9, 2024 Mariel Alumit

(Bloomberg) — For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of Exxon Mobil Corp., the largest US producer of oil and gas, is in […]

Crude Oil News

Chevron Pulls Workers From Offshore Oil Platforms As Tropical Storm Nears

September 9, 2024 Stu Turley

Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm. Potential Tropical Cyclone Six, or Invest 91L, churns in the southwestern Gulf […]

Electrical Generation / Utilities

The Golden state of California is turning Brown without continuous electricity

September 9, 2024 Stu Turley

California focuses on intermittent electricity generation from wind and solar as demand for continuously generated electricity continues to rise. Ronald Stein  is an engineer, senior policy advisor on energy literacy for the Heartland Institute and […]

Electrical Generation / Utilities

BofA Sees Utility Stocks Outperforming as Volatility Climbs, Interest Rates Fall

September 9, 2024 Stu Turley

‘Prefer the tortoise’ of income stocks, Subramanian says BofA upgrades sector to overweight from market weight Higher volatility over the short, medium and long term will make utilities and other quality and income stocks more […]

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