Day: March 26, 2024

Eni, Fincantieri and RINA join forces to aid shipping’s path towards net zero

Energy News Beat Fincantieri Three well-known names in Italian maritime are joining forces to develop joint initiatives for the energy transition. Energy major Eni is partnering with Fincantieri, Italy’s top shipbuilder, as well as RINA, the Italian classification society, to push maritime towards net zero by 2050.  Giuseppe Ricci, chief operating officer for energy evolution […]

Daily Energy Standup Episode #337 – Oil Demand Surpasses Expectations, California Gas Prices, Exxon’s LNG Expansion, PetroChina’s Record Profits, and Shell’s Strategic Shift

Energy News Beat Daily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] […]

Energy Realities – Climate: The Movie (The Cold Truth) – Tom Nelson LIVE: 8:00 AM Monday

Energy News Beat Energy Realities – Climate: The Movie (The Cold Truth) – Tom Nelson LIVE: 8:00 AM Monday The Monday Morning gang is at it again. Irina, Tammy, David, and Stu have a special guest: Tom Nelson! We are talking about his new movie, Climate: The Movie (The Cold Truth) – Tom Nelson. We […]

Prices of New Houses -19% from Peak, Lowest since June 2021. Why Sales of New Houses Held Up, while Sales of Existing Houses Plunged

Energy News Beat Prices of New Houses v. Existing Houses: Price cuts and mortgage-rate buydowns make new houses more attractive. By Wolf Richter for WOLF STREET. The median price of new single-family houses that were sold in February fell to $400,500, the lowest since June 2021, down by 7.6% from February 2023 and down by 6.3% from February 2022, […]