Day: January 4, 2024

Energy News Beat Greece’s Gastrade expects to receive on January 20 the commissioning cargo at its FSRU-based LNG import terminal in Alexandroupolis. The firm launched a tender on October 31 for the supply of the commissioning cargo and relevant services. It extended the deadline for two times and the second deadline extension ended on December 15. “The […]

Energy News Beat The Lime Rock and Venice wells were brought safely online in late December 2023 and have achieved an initial combined gross production rate of over 18,500 boed, averaging about 45% oil and 55% liquids. The estimated combined gross ultimate recoverable resources of these two discoveries are approximately 20 to 30 MMboe. In […]

Energy News Beat Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in the dominant services industry stretched into the final month of the year, data compiled by S&P Global has revealed. The Flash Composite Purchasing Managers’ Index (PMI) for the bloc, a measure of […]

Energy News Beat ​Communities in southern Maine are collaborating on a pilot program that aims to help residents overcome cost and logistical barriers to accessing climate-friendly home energy upgrades. Five towns and two regional nonprofits received a three-year, $800,000 grant from the U.S. Department of Energy’s Energy Efficiency and Conservation Block Grant Program in late […]

Energy News Beat The vast differences between industries. By Wolf Richter for WOLF STREET. Earlier today, we discussed how job openings, voluntary quits, layoffs & discharges, and new hires showed that power in the labor market has shifted from workers back to employers. Now we look at job openings by industry for November, based on data released today […]

Energy News Beat Daily Standup Top Stories OPEC+ set to hold monitoring meeting in early February January 3, 2024 Allen Santos Nasdaq LONDON/DUBAI, Jan 2 (Reuters) – OPEC+ plans to hold a meeting of its Joint Ministerial Monitoring Committee (JMMC) in early February, though an exact has not been decided, three sources from the alliance said. […] […]

Energy News Beat People quit quitting, so fewer job openings to fill, fewer people to hire, less churn. Good for employers, not so good for workers. Layoffs & discharges dropped below Good-Times lows. By Wolf Richter for WOLF STREET. Job openings edged down in November, but remained relatively high, workers quit quitting maybe because they’re worried about their […]