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HomeTop News

Top News

Chancellor
ENB Pub Note

Chancellor announces new Growth Plan with biggest package of tax cuts in generations

September 23, 2022 Mariel Alumit

ENB Pub Note: Why can’t Biden take economics classes from Kwasi Kwarteng, the UK Chancellor? Fewer regulations, lowering taxes, and encouraging all forms of energy, including oil and gas, seem like a good plan. One […]

Libya
Crude Oil News

Libya’s Oil Output Inches Higher Despite Political Tensions

September 23, 2022 Mariel Alumit

Libya’s oil production rose by 3,000 barrels per day (bpd) to 1.186 million bpd on Thursday, according to the National Oil Corporation (NOC), as the African OPEC member exempted from the OPEC+ deal has seen a recovery […]

EU
Commodities

EU watchdog proposes emergency brake for energy markets

September 23, 2022 Mariel Alumit

LONDON (Reuters) -A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the European Union’s securities watchdog proposed on Thursday, along with more fundamental changes over time. The […]

Biden
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Fed
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Aramco
Climate Crisis

Aramco CEO says current energy transition plan not credible

September 22, 2022 Mariel Alumit

Aramco president and CEO Amin Nasser highlighted the need for a much more credible energy transition plan, as he delivered a keynote speech at the Schlumberger Digital Forum. During the event, he stressed the importance […]

Oil Prices Could Exceed $140 If China's Economy Fully Reopens
Crude Oil News

Failing To Invest In Oil And Gas Would Be The “Road To Hell For America”

September 22, 2022 Mariel Alumit

The CEO of JP Morgan, Jamie Dimon, said that banks refusing to fund new oil and gas projects would be “the road to hell for America”. An unnamed senior executive at a U.S. bank is […]

Electric bills
Natural Gas

Electric bills could increase 64% this winter in Massachusetts, National Grid warns

September 22, 2022 Mariel Alumit

WALTHAM, Mass. — Massachusetts electricity customers could be facing a steep increase in their winter bills, National Grid warned on Wednesday. Citing the high price of natural gas used in generating the power, the utility […]

Freeport LNG
Exports

Freeport LNG Extends Force Majeure Until September

September 22, 2022 Mariel Alumit

Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]

UN chief
Energy Crisis

UN chief warns of ‘colossal global dysfunction’ in opening General Assembly address

September 22, 2022 Mariel Alumit

The United Nations chief has set a grave tone for this year’s general assembly, warning of a “winter of global discontent” in a world beset by perils. The message was well-received by Prime Minister Jacinda […]

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