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HomeTop News

Top News

Heat batteries
Energy Storage

Heat batteries could ease UK power grid and cut carbon

September 5, 2024 Mariel Alumit

A new trial has revealed that heat batteries can slash peak heating demand by as much as 95% compared to traditional gas boilers. The Neat Heat trial, led by UK Power Networks, OVO and tepeo, […]

Offshore
Exploration and Production

Noble wraps up Diamond Offshore acquisition

September 5, 2024 Mariel Alumit

Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]

New Jersey
Energy Crisis

Wind project off New Jersey seeks pause amid supply chain issues

September 5, 2024 Mariel Alumit

Leading Light Wind, a partnership of Invenergy and co-developer energyRe, has requested the New Jersey Board of Public Utilities to allow a pause in the development of its offshore wind project off the coast of […]

BRICS

Facts & Speculation About The State Of Russo-Indo Financial Ties

September 4, 2024 Stu Turley

The financial dimension of the Russian-Indian Strategic Partnership is qualitatively evolving as a result of the fast-moving multipolar processes that were unleashed across the world by the Ukrainian Conflict. Russia and India are decades-long strategic […]

Rare Metals
Critical Minerals

Rare Metals Prices Surge As China Restricts Exports

September 4, 2024 Mariel Alumit

China has restricted exports of key rare metals like antimony, causing prices to surge; antimony prices have reached record highs of over $25,000 per tonne. Antimony is vital for military, automotive, and solar applications, with […]

PJM
Electrical Generation / Utilities

Efficiency in Capacity Markets

September 4, 2024 Mariel Alumit

PJM Capacity Prices Rising Fast Capacity prices in PJM soared in the recent capacity auction. (See my post  Ten times as expensive at PJM.)  The price rise will be reflected in higher bills for consumers. Consumer […]

California
Big Oil Companies

Are Americans ready for Kamala Harris’s California cost-hiking, business-killing policies?

September 4, 2024 Mariel Alumit

For years, California has received extensive press coverage for its high cost of living and the most expensive electricity and fuel prices in America. California’s increasingly high cost of living, housing, and transportation, coupled with […]

Oil Exporters
Crude Oil News

The World’s 3 Biggest Oil Exporters Saw Shipments Slump in August

September 4, 2024 Mariel Alumit

The combined crude oil exports from Saudi Arabia, Russia, and the United States fell by nearly 700,000 barrels per day in August. The decline was primarily driven by a drop in U.S. exports, followed by […]

Crude Oil News

OPEC+ Close to Delaying Oil Supply Increase, Delegates Say

September 4, 2024 Stu Turley

Group had scheduled October production boost of 180,000 b/d Rethink comes after downbeat economic data from China, US OPEC+ is close to agreement on delaying a planned increase in oil production after prices plunged amid fragile […]

Water
Hydrogen

Invasion Of The Water Snatchers

September 4, 2024 Mariel Alumit

Drought has hit Schleicher County hard. Lots of the stock tanks are dry. The only plants that appear to be thriving on this part of the Edwards Plateau are scrawny mesquite trees and the ever-present […]

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