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Residents of liberal Berkeley will get to vote on a second attempt to curb use of the fuel in buildings. When residents of Berkeley, California, vote in next week’s presidential election, they’ll also get a say on a renewed attempt to clamp down on polluting fossil fuels. On the ballot is “Measure GG,” an initiative …
Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid. New LNG tankers, built in anticipation of rising U.S. exports after a plunge in Russian …
LNG Shipping Rates Tumble to Multi-Year Lows as New Vessels Come Online Read More »
By Clyde Russell SYDNEY, Oct 28 (Reuters) – For those seeking an answer to the question as to what the Middle East conflict risk premium is in the price of crude oil, the 5.3% drop in Brent futures early on Monday provides some enlightenment. Global benchmark Brent contracts dropped as low as $71.99 a barrel in …
Commentary: Crude Oil’s Middle East Risk Premium Fades, Demand Woes Remain Read More »
Oil prices tumbled more than $3 a barrel on Monday after Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at …
Oil Slips More Than 4% After Iran Downplays Israeli Strikes Read More »
Companies that profit from fossil fuels claim the increase in electricity demand driven by data centers will trigger investment in clean energy — in the long run. Big energy companies are making the case that skyrocketing electricity demand from data centers — and the need to build more power sources to meet it — will …
AI Power Demand Might Actually Turn Out to Be Good for Climate Read More »
Companies that profit from fossil fuels claim the increase in electricity demand driven by data centers will trigger investment in clean energy — in the long run. Big energy companies are making the case that skyrocketing electricity demand from data centers — and the need to build more power sources to meet it — will …
Perspective: AI Power Demand Might Actually Turn Out to Be Good for Climate Read More »
Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …
Here Are 5 Industries With the Most at Stake in Presidential Election Read More »
Summary Trump pledges rollback of Biden’s climate law as a top priority Trump allies, fundraisers benefit from the IRA’s key tax credits At least 7 allies, or the companies they run, hold investments in projects eligible for IRA subsidies WASHINGTON, Oct 25 (Reuters) – Donald Trump has promised to gut U.S. President Joe Biden’s climate subsidies if elected. But …
Trump Hates Biden’s Climate Law But His Allies are Making Money From It Read More »
(Reuters) – U.S. natural gas futures climbed about 2% to a two-week high on Friday on lower output so far this month and a jump in global gas prices that could boost demand for more U.S. liquefied natural gas (LNG) exports. Earlier in the session, U.S. gas futures were down on forecasts for mild weather …
US Natgas Prices Climb 2% to 2-Week High on Lower Output, Soaring Global Gas Prices Read More »
(Reuters) – Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday. If the talks are successful, the deal would help the natural gas producer slash the debt pile it accumulated …
Blackstone In Talks To Buy US Pipeline Stakes From EQT for $3.5 Billion, Sources Say Read More »
