Category: Energy News Beat

Real wages grew in only three G20 countries – UN

Energy News Beat Workers in China, Russia, and Mexico saw their inflation-adjusted earnings rise in 2023, a new report reveals Only three countries in the G20 saw real wages grow last year, a new report by a UN agency released this week has revealed. China, Russia and Mexico were the only leading economies that enjoyed […]

Russia urges Indian investors to ‘capitalize on momentum’

Energy News Beat The ambassador to New Delhi calls on businesses to explore further opportunities in Russia Russia-India trade reached a record $50 billion in 2023, but the two countries should aim for a more even balance in their economic ties, Moscow’s ambassador to New Delhi said this week.  Denis Alipov raised the issue at […]

Suez Canal tolls rise by 300% – Sky News

Energy News Beat Houthi attacks from Yemen on commercial vessels in the Red Sea and Gulf have generated major disruption across key shipping artery The cost of transporting cargo through the Red Sea and the Suez Canal, a major waterway for global shipping, have surged over 300% since November, amid Houthi attacks on commercial vessels […]

Could a new Alaska coal power plant be climate friendly? An $11 million study aims to find out.

Energy News Beat The Biden administration has announced a $9 million grant to Alaska researchers to study a project that could capture carbon emissions from a big new coal-fired power plant and inject them in a depleted natural gas field not far from Anchorage. The University of Alaska Fairbanks would lead the research into what’s known as […]

Could China Hack Our Electric Grid? – in 4 words – Yes and How Soon? The Real Question – Is Mayorkas in on it?

Energy News Beat I am working on several stories about the issues with the potential threats to our national grid. This potential terrorist attack has been planned for years and has been made possible by the current administration’s energy and border policies. The Biden Administration curtailed an executive order from President Trump that was put […]

EU needs Russia more than we need them – Putin

Energy News BeatRussia has shown true resilience by not bowing to foreign pressure, President Vladimir Putin said on Wednesday. He stated that Russia is a “self-sufficient country,” whose economy is growing despite the sanctions, while EU member states are living through “difficult times.” The president made his remarks during a meeting with residents of Russia’s […]

ESG funds declining due to regulation and performance

Energy News Beat Various environmental, social and governance (ESG)-related funds from Abrdn, Morgan Stanley and UBS have recently been renamed to omit sustainability-related phrases. In addition, according to data from Morningstar Direct cited by the FT, launches of environmental, social and governance (ESG)-related funds have been steadily declining, with only six launched in the second half of 2023 compared […]

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

Energy News Beat NEW YORK, Jan 12 (Reuters) – Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the U.S. and Britain on Houthi targets in Yemen, while U.S. Treasury yields eased on news that U.S. producer prices unexpectedly fell in December. Wall Street […]

US resumes Russian oil imports, defies sanctions

Energy News Beat The US has resumed importing oil from Russia for the first time in more than a year, despite the ongoing sanctions imposed on Moscow over its military intervention in Ukraine, according to a Sputnik Globe report. According to the US Energy Information Administration (EIA), the US imported 36,800 barrels of Russian oil in October and 9,900 barrels […]

The United States imported Russian oil in November for the first time since spring 2022

Energy News Beat In November 2023, the United States imported oil from Russia for the first time since April 2022, according to US statistical data. Washington purchased almost 10,000 barrels of Russian oil for $749,000. Thus, the price per barrel was about $74.9, which is above the established ceiling on Russian oil prices In November 2023, […]