Volkswagen is considering closing factories in Germany for the first time in its 87-year history due to falling profits and rising costs. The potential closures could lead to a clash with powerful unions and further […]
In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.” However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation […]
A German plan to charge more for using electricity on cloudy days has been dismissed as “crazy” by businesses. The country is pushing the use of solar power and other forms of renewable energy, and as part of […]
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
Wind and solar advocates claim renewables are cheaper, so why are electricity prices skyrocketing in states that are moving toward them? I have had many posts on the soaring consumer electricity costs suffered by the […]
The banking regulator is reportedly interested in joining Russia’s financial messaging system in the push towards de-dollarization The Reserve Bank of India (RBI) is considering the use of Russia’s alternative to the Western SWIFT […]
A consortium consisting of Dutch offshore foundations specialist Sif and Belgian fabrication company Smulders will supply 100 transition pieces for the Bałtyk 2&3 offshore wind farms in Poland. After the signing of a capacity reservation […]
ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]
Saudi Aramco is expected to cut the OSP of its crude oil for Asia in October. The cut is likely due to weaker refining margins in China and the wider Asian region. The decision could […]
The energy transition, which has become a focus of governments around the world, is the global shift from fossil fuels to renewable energy sources. The reality is that global energy demand growth has consistently outpaced […]
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