Energy News Beat The news agency claims Ankara said it would not ratify Stockholm’s bid in time for a NATO ministerial meeting next week NATO will be unable to officially induct Sweden at next week’s meeting of foreign ministers, member Türkiye has reportedly notified the military bloc. Reuters cited anonymous sources on Wednesday as saying […]
Energy News Beat The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and CEO Changpeng Zhao pleaded guilty to criminal and civil charges in the US, it was reported […]
Energy News Beat November 22, 2023 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and the U.S. Bureau of Labor Statistics On November 20, 2023, the Monday before Thanksgiving, the retail price of regular gasoline averaged $3.29 per gallon (gal) across the United States, 10% less than the same time last year. […]
Energy News Beat This commentary was submitted by Sneha Ayyagari, a Clean Energy Leadership Institute Fellow and a Program Manager for Clean Energy Initiative at the Greenlining Institute. See our commentary guidelines for more information. Winter is coming, and having resilient homes is crucial in climate disasters. For instance, Texans were woefully unprepared for Storm Uri […]
Energy News Beat TotalEnergies has completed the sale of TotalEnergies EP Canada Ltd., which holds a 31.23 percent working interest in the Fort Hills oil sands mining project, to Suncor Energy Inc. Aside from the Fort Hills asset, the acquisition also includes associated midstream commitments. The consideration for the transaction is around $1.1 billion (CAD […]
Energy News Beat Unintended but not unexpected is one way of describing what’s happening to the price of steel-making coal as governments suppress supply in the face of steady demand growth, a perfect recipe for a higher price. On cue, high-quality hard coking (or metallurgical) coal has risen by 9% over the past three months […]
Energy News Beat Imagine a household that consumes 1,000 kilowatt hours of energy per month. Then they install solar panels on their roof that generate 500 kilowatt hours of electricity per month on average. How much should their consumption of electricity drawn from the power grid decline after they install solar? Five hundred kilowatt hours […]
Energy News Beat Investors withdrew $14.2 billion from U.S. sustainable funds over the past year. Global renewable energy funds experienced record outflows in Q3 2023, with stocks plummeting amid rising costs and market challenges. Political and regulatory changes, including challenges to the Biden Administration’s ESG rule and SEC’s anti-greenwashing efforts, contribute to the decline in […]
Energy News Beat The United States is preparing to announce a pledge to triple the world’s production of nuclear energy by 2050, with more than 10 countries on four continents already signed on to the first major international agreement in modern history to ramp up the use of atomic power. Signatories to the pledge, set […]
Energy News Beat Golar LNG said it continues to progress the company’s FLNG growth pipeline, while it is now in detailed commercial discussions to recharter its Hilli FLNG. The LNG firm led by Tor Olav Trøim said in its third-quarter report that it continues to hold talks on recontracting Hilli upon the end of its […]
