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HomeTop News

Top News

gas
Geopolitical

European gas price hike boosts Russian fuel sales, outstriping total EU aid to Ukraine

August 14, 2024 Mariel Alumit

  The rise in gas prices in Europe attributed to Ukraine’s recent invasion of Kursk, is expected to add to Russian revenues from selling fossil fuels, further widening the gap between such payments and the […]

power
Electrical Generation / Utilities

UK’s biggest undersea power link gets green light

August 14, 2024 Mariel Alumit

Ofgem has today given its final approval for the costs associated with the Eastern Green Link 2 (EGL2) project, paving the way for construction to start on a 525kV, 2GW subsea connection between Peterhead in […]

Geopolitical

Ukraine and Russia Plan to Keep Gas Flowing Amid Fighting

August 13, 2024 Stu Turley

Fears of disruption to supplies have driven up European prices Gazprom’s flows via Ukraine have so far remained stable Russia and Ukraine intend to keep pipeline gas flowing to Europe even as fighting continues near […]

Germany
Finance

“Germany’s deindustrialization has begun”

August 13, 2024 Mariel Alumit

The number of industrial companies considering moving away from Germany is constantly increasing, as a new survey shows. The situation is particularly dramatic among large companies. The anger is directed at the traffic light coalition, […]

Oil Prices
Crude Oil News

Oil Prices Under Pressure Despite Continued Geopolitical Uncertainty

August 13, 2024 Mariel Alumit

Oil prices are under pressure from continued demand concerns but geopolitical risks and the recent rally from last week’s crash means Brent is still sitting comfortably above the psychologically-important $80 mark. – Ukraine’s incursion into […]

Harris
Crude Oil News

In Pennsylvania, Harris can’t shake her anti-fracking past

August 13, 2024 Mariel Alumit

ATLASBURG, Pa. — After years of positioning herself as a climate crusader and ardent opponent of fracking, Kamala Harris has avoided mention of such credentials in this must-win state for Democrats, where natural gas drives the economy, culture and everyday […]

Hydrogen
ENB Pub Note

“Green” Hydrogen Subsidies Are 1,900x Larger Than What’s Given To Nuclear

August 13, 2024 Mariel Alumit

ENB Pub Note: Please follow Robert Bryce on his Substack for great commentary and throught leadership in the industry. I have enjoyed my conversations with Robert and he is a great friend to the show. […]

Biden
Climate Crisis

The True Cost Of The Biden-Harris Bet To Electrify Vehicles

August 13, 2024 Mariel Alumit

Billions of tax dollars have been poured into what is increasingly a failing effort to convince or cajole auto buyers into going electric. Two months into his Presidency, Joe Biden announced a $2 trillion infrastructure […]

Ofgem
Electrical Generation / Utilities

Ofgem greenlights £3.4bn power cable

August 13, 2024 Mariel Alumit

Ofgem has given the go ahead for a £3.4 billion power cable project that will connect Scotland and England. The Eastern Green Link 2 project involves installing a 436 kilometre subsea cable under the North […]

China
Geopolitical

China admits responsibility for last year’s European pipeline destruction

August 13, 2024 Mariel Alumit

Chinese authorities have stated that Newnew Shipping’s container ship Newnew Polar Bear was responsible, albeit by accident, for damaging the Balticconnector subsea gas pipeline between Estonia and Finland last year. According to a report by […]

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