Energy News Beat OSLO, Norway — With motor vehicles generating nearly a 10th of global CO2 emissions, governments and environmentalists around the world are scrambling to mitigate the damage. In wealthy countries, strategies often revolve around electrifying cars — and for good reason, many are looking to Norway for inspiration. Over the last decade, Norway has emerged […]
Energy News Beat Authored by James Gorrie via The Epoch Times (emphasis ours), As the saying goes, if you want to know what’s really going on, follow the money. That catchphrase doesn’t just apply to foreign companies and investors backing out of China. It also applies to the Chinese economy. A No-Confidence Vote In the […]
Energy News Beat Global uranium prices reached their highest point in more than 15 years in late October, according to COMEX data, with analysts attributing the sharp rise to a range of factors, including geopolitical tensions. Uranium futures for November delivery jumped to $74.5 per pound on Monday, data shows. The radioactive metal’s price is […]
Energy News Beat By Tsvetana Paraskova of OilPrice.com Russia’s crude oil exports by sea have been exceeding the country’s targeted export reductions as part of the OPEC+ pact for weeks, with the most recent week’s observed shipments as high as 360,000 barrels per day (bpd) above target, tanker-tracking data monitored by Bloomberg showed on Tuesday. […]
Energy News Beat Analysts link the move to maintenance works at several refineries and higher global crude prices Russia is likely to sharply increase oil exports in November, business daily Kommersant reported on Tuesday, citing Kpler analysts. According to the report, the country’s seaborne shipments are set to surge by some 200,000 barrels per day […]
Energy News Beat Pro-Palestinian activists in the west (many of them far-leftists with no ties to Palestinians or Muslim culture) have called for boycotts and punishment directed at any major companies seen as providing aid to Israel. McDonald’s angered the woke mob recently with its offer of free food to members of the Israeli military […]
Energy News Beat The bloc has so far imposed 11 packages of restrictions against Moscow over the Ukraine conflict The European Union is in talks on a new round of sanctions that would impact some €5 billion ($5.3 billion) in trade with Russia, Bloomberg reported on Tuesday, citing its sources. According to the report, the […]
Energy News Beat Starting last month, top Ukrainian officials began pushing an alarmist narrative that “world war 3 has already begun” – as the head Ukraine’s National Security and Defense Council Aleksey Danilov had claimed in early September. The words were spoken after it became clear that Ukraine’s military was losing, and now Time magazine has confirmed […]
Energy News Beat A powerful consortium of pulp mills, pipe foundries and other manufacturers has moved to block an aid program for Duke Energy’s poorest residential customers — provoking dismay among the clean energy advocates who had championed it. Set to begin early next year, the Customer Assistance Program would give a $42 discount […]
Energy News Beat World Oil (Bloomberg) – bp Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by U.S. competitors Exxon Mobil Corp. and Chevron Corp. Source: World Oil “We’re focused really on transition” to net zero emissions, Interim Chief Executive Officer […]
