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HomeTop News

Top News

Climate
Climate Crisis

Biden Climate Czar, CCP Official To Have Climate Talks As Chinese Coal Binge Soars

August 31, 2024 Stu Turley

Climate czar John Podesta is set to meet with Chinese Communist Party officials to expand US-China collaboration on climate change. White House senior adviser John Podesta is set to meet with Chinese Communist Party (CCP) […]

bp
Big Oil Companies

BP stock falls behind Shell as investors shy away from green energy

August 30, 2024 Stu Turley

London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder payouts. August is set to mark the fifth-straight […]

Honda
Electric Vehicles

Honda executives expose a cruel reality of the US EV market

August 30, 2024 Mariel Alumit

Though it seems like a very new technology, the American auto market is acclimating to fully electric vehicles. According to data from Kelley Blue Book and Cox Automotive, over 330,463 EVs were sold in the second […]

Oil
Crude Oil News

Oil Prices Set for Monthly Decline as Demand Concerns Grow

August 30, 2024 Mariel Alumit

Uncertainty continues to dominate oil markets, although demand concerns appear to be overcoming supply shocks to push oil prices toward a monthly loss. Friday, August 30th, 2024 It’s been a volatile week for oil markets, […]

OPEC+
Crude Oil News

Oil Prices Drop as OPEC+ Looks to Increase Production in October

August 30, 2024 Mariel Alumit

OPEC+ will likely begin unwinding its production cuts in October, six OPEC+ sources told Reuters on Friday. If OPEC+ does decide to start the process of ramping up production in October, it will be largely […]

ExxonMobil's Guyana Oil
Big Oil Companies

ExxonMobil’s Guyana Oil: A Trillion-Dollar Opportunity?

August 30, 2024 Mariel Alumit

ExxonMobil’s Guyana oil production is rapidly expanding, with the potential to reach 2 million barrels per day by the early 2030s. The company’s Permian Basin assets are also poised for growth, with production expected to […]

Ukraine
Geopolitical

Russian attacks on power sector pose risk to nuclear facilities, Ukraine says

August 30, 2024 Mariel Alumit

  A Russian drone and missile attack earlier this week forced Ukraine to disconnect several nuclear power units from the grid, posing a risk to the nuclear power sector, a Ukrainian mission to the International […]

Westinghouse
Energy Policy

Green light for mini reactor in uk power push

August 30, 2024 Mariel Alumit

Westinghouse Electric Company announced that it has received approval from the Department of Energy Security and Net Zero to begin the Generic Design Assessment (GDA) for its AP300 Small Modular Reactor (SMR). This marks the […]

Golden Pass
Energy Policy

Golden Pass seeks FERC extension to complete Texas LNG terminal

August 30, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

energy
Energy Transition

Scotland powers nearly half of UK’s wind energy milestone

August 30, 2024 Mariel Alumit

The UK reached a major renewable energy milestone yesterday, with its wind power capacity hitting 30GW. Almost half of this – 48% – is being generated by Scotland’s offshore and onshore wind farms. This 30GW […]

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