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HomeTop News

Top News

COP27
Climate Crisis

Flop 27: UN Climate Summit Heading for Geopolitical Hurricane – Ukraine War Has Set the Stage for Backsliding

October 27, 2022 Stu Turley

From CLIMATE DEPOT The war in Ukraine has divided nations over what some saw as a fight between Russian and Western interests, and supercharged an energy crisis that risks shredding COP26’s most concrete achievement: a […]

Finance

Single Greatest Wealth Loss In History: $100 Billion Zuck-Bucks Vaporized As Meta-Bet Bombs

October 27, 2022 Stu Turley

Mark Zuckerberg’s social media empire is collapsing after Meta shares crashed 24.5% from Wednesday’s close, sliding to the 98-handle late in the Thursday cash session, after dismal third-quarter earnings. Today’s crash is the second-largest drop […]

Energy Crisis

Putin Says Russia Will Never Be “Wiped Off Geopolitical Map” As West Plays “Dirty Game” In Ukraine

October 27, 2022 Mariel Alumit

“Russia is not challenging the western elite. We are not trying to become the hegemon,” Russian President Vladimir Putin said early in an important speech before the Valdai Discussion Club meeting outside Moscow on Thursday. […]

US electric grid
Climate Crisis

America’s Energy Crisis is Mostly US Democrats’ Fault -and yet they blame everyone else.

October 27, 2022 Mariel Alumit

Republished from Energy Talking Points by Alex Epstein Had Democrats spent the last 3.5 years liberating US oil/gas investment, production, and transport instead of strangling them, energy would be far cheaper. Alex Epstein I don’t […]

California
M & A

Oil giants sell thousands of California wells, raising worries about future liability

October 27, 2022 Mariel Alumit

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive stories in your inbox every week. The price of oil produced in California this […]

America
Crude Oil News

So much for American energy independence

October 27, 2022 Mariel Alumit

I remember staring out the window of my mom’s brown Pontiac LeMans as we waited in a two-block-long line at the gas station during the 1970s oil embargo. Even as a kid, I understood energy independence […]

Oil Major
Crude Oil News

Oil Major Earnings Will Reignite The Windfall Taxes Debate

October 27, 2022 Mariel Alumit

The collective profits of Exxon, Chevron, Shell, BP, and TotalEnergies for the last quarter would come in at $50.7 billion. Big oil firms are expected to earn less than in the blockbuster quarter that was […]

Venezuela
Crude Oil News

Oil Companies Flee Venezuela, Leaving All Behind

October 27, 2022 Mariel Alumit

Venezuela has given the go ahead to all PDVSA partners to leave their JVs. Foreign oil firms may sell their shares to PDVSA, but must forgive any past debts and unpaid dividends. Reuters: In all, […]

Ukraine
Aljazeera International

Ukraine war to speed shift to green energy, IEA says

October 27, 2022 Mariel Alumit

Russia’s invasion of Ukraine is likely to accelerate the world’s transition to greener energy from fossil fuels, the International Energy Agency (IEA) said on Thursday. “Energy markets and policies have changed as a result of […]

Energy Crisis

Why Russian LNG Exports To Europe Exploded This Summer

October 27, 2022 Mariel Alumit

By Alex Kimani of OilPrice.com Whereas supplies of Russian pipeline gas–the bulk of Europe’s gas imports before the Ukraine war–are down to a trickle, Europe has been hungrily scooping up Russian LNG. Europe has been […]

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