The United States is seeking to buy up to three million barrels of oil for delivery in January 2024 to replenish the country’s strategic petroleum reserve, the Department of Energy said on Monday. “This is the second solicitation for January 2024 delivery as DOE aims to purchase oil when it can purchase at a good …
U.S. seeks to buy up to 3 million barrels for oil reserve for January delivery Read More »
(Reuters) – Texans are set to vote on Tuesday on a constitutional amendment to determine whether the state will create a special fund for financing the “construction, maintenance, and modernization of its electric generating facilities.” The energy fund would be administered and used only by the Public Utility Commission of Texas to provide loans and …
Texans to Vote on Funding to Modernize Electricity Generation Read More »
By Alex Epstein At Jordan Peterson’s ARC conference I was asked to share the most important truths about our energy future. At Jordan Peterson’s ARC (Alliance for Responsible Citizenship) conference I was asked to share the most important truths about our energy future. I boiled it down to 7. Understand these and you’ll be a …
COMMENTARY: The 7 Most Important Truths About Our Energy Future – Alex Epstein Read More »
Big U.S. investors at the top five western oil firms’ shareholder meetings this year rebuffed an activist group’s resolutions to align their emission targets with the Paris climate pact, in contrast to some European peers, voting data showed. Netherlands-based activist group Follow This was created first to target Shell and subsequently expanded to file climate resolutions at …
U.S. Investors Rebuff Big Oil Climate Shareholder Resolutions Read More »
Venezuela’s state-owned PDVSA is in talks with local and foreign oilfield firms to hire equipment and services that would allow it to revive depressed output, sources close to the meetings said, after the U.S. relaxed sanctions on the country. The U.S. Treasury Department in October authorized for six months the production and export of Venezuelan …
Venezuela Taps Oilfield Firms to Boost Output after Sanction Easing Read More »
WASHINGTON (AP) — The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing the Biden administration’s goals of powering 10 million homes from towering ocean-based turbines by 2030 and establishing a carbon-free electric grid five years later. The …
After years of pumping cash into the sizzling electric-vehicle market, Tesla Inc. and other major automakers are facing a new dilemma: what to do when demand chills. While the battery-powered vehicle market is still expanding, the pace of growth has slowed considerably. As a result, Tesla, the world’s EV leader, and legacy automakers that had …
Cooling EV Sales Have Tesla, GM and Ford Rethinking Investments Read More »
Summary Oil futures up by 1% on Monday Saudi Arabia and Russia recommit to supply cuts to year end China’s refinery throughputs slowing from record levels LONDON, Nov 6 (Reuters) – Oil prices rose on Monday, after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end …
Oil Rises by 1% as Saudi Arabia, Russia Stick to Cuts Read More »
HOUSTON, Nov. 03, 2023 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) filed its Form 10-Q for the period ending September 30, 2023. In accordance with the Company’s Shareholders Agreement, it will host a conference call with shareholders on November 6, 2023. For the third quarter of 2023, the Company reported net income from …
Superior Energy Services Announces Third Quarter 2023 Results and Conference Call Read More »
European governments are reassessing EU-directed green policies amid public unease By Shawn Logan Activists and coal opponents stand at the demolition edge of the Garzweiler II open pit lignite mine during a protest by climate activists after the clearance of the town of Lützerath, in the North Rhine-Westphalia of Germany.Photo by Federico Gambarini/Getty Images European …
How “Greenlash” is Forcing Europe to Scale Back Ambitious Net Zero Policies Read More »
