Category: Energy News Beat

Oil Advances as Iran Warship Entering Red Sea Increases Tensions

Energy News Beat Iran sends destroyer to waterway as US navy sinks Houthi boats Brent declined 10% last year, its first annual drop since 2020 Oil rose after Iran sent a warship to the Red Sea in response to the US Navy’s sinking of three Houthi boats over the weekend, adding to regional tensions as ships […]

Eurozone economy faces bleak 2024 – FT

Energy News Beat Most analysts polled by the newspaper believe the single currency bloc is already in a recession The 20-nation euro currency bloc is expected to see only moderate economic growth, +0.6% in 2024, according to the results of a survey carried out by the Financial Times among 48 economists. The outlooks issued by […]

Left-wing climate group is quietly preparing judges for global warming cases

Energy News Beat A little-known judicial advocacy organization funded by left-wing nonprofits is quietly training judges nationwide on preparing for cases related to climate change, according to a Fox News Digital review. The Washington, D.C.-based Environmental Law Institute (ELI) created the Climate Judiciary Project (CJP) in 2018, establishing a first-of-its-kind resource to provide “reliable, up-to-date information” […]

New Climate Reality is Passing New York By – and the consumers are going to get it in the drive through

Energy News Beat Note: For quite a while now I (Roger Caiazza)  have put my Citizens Guide to the Climate Act article as the top post on the website because it summarizes the Climate Leadership & Community Protection Act (Climate Act). This post updates my current thoughts about the Climate Act and will replaces that post at the top […]

Frozen fortune: Where is Russia’s $300 billion? – Why stealing them and giving to Ukraine would be bad for the West.

Energy News Beat The sovereign funds have been seized by the West as part of Ukraine-related sanctions Nearly $300 billion worth of Russian forex reserves have been frozen by Western countries since March 2022. The EU has been looking into ways to legalize tapping profits from those funds, but Moscow has warned that any such […]

Russian Non-Industrial diamond ban comes into force

Energy News Beat ENB Pub Note: – “Sanctions do not work as intended.” – Irina Slav – Her quote will also play out in these latest sanctions against Russia. In case anyone missed the numbers, Russia has successfully avoided a financial demise from the West. The weaponization of the US Dollar has only sped up […]

Putin outlines objectives for Russia’s BRICS presidency

Energy News Beat Moscow will seek the “harmonious integration” of new members and boost internal cooperation and global outreach, he has said Russia has assumed the one-year rotating presidency of BRICS following its groundbreaking expansion in 2023, with President Vladimir Putin vowing that Moscow will do its best to promote cooperation within the economic bloc. […]

Tsunami warning issued after powerful earthquake strikes Japan

Energy News Beat Authorities say the tremors have slightly damaged several nuclear power plants, albeit without hindering their operation Japan’s western coast was hit by an earthquake followed by a tsunami on Monday. Authorities say that while the natural disaster affected several nuclear power plants to some extent, there have been no signs of any […]

Putin names Russia’s real enemies

Energy News Beat Ukraine itself is not an enemy, while Western elites backing it are, the Russian president has said Ukraine is a mere tool in the hands of the collective West, which has been using it to fight Russia, President Vladimir Putin said on Monday. He made the remarks at a military hospital in […]

Stock Markets Years & Decades after Huge Bubbles Imploded: China, Hong Kong, Japan, UK, France, Germany, Italy, and Spain

Energy News Beat This cannot possibly happen to US markets because US markets are special? By Wolf Richter for WOLF STREET. Most major stock markets globally rose in 2023, some by a lot, but a bunch of them are still below their all-time highs 15 or 20 or 35 years ago, while others are barely above those all-time […]