Key Takeaways: Oil demand decreased causing rapid price fall in the market. The rise in USD value following Trump’s victory contributed to the rapid oil price drop. As more and more NEVs are adopted, oil consumption is rapidly dwindling in China, one of the top oil consumers of the past. As the tensions in the
Read More...Mercantile & Maritime Group Unveils Middle East’s Largest Biofuel Facility Dubai, UAE – November 11, 2024 – Mercantile & Maritime Group, a prominent player in the global shipping and energy sectors, has officially launched the Middle East’s largest biofuel production facility in Dubai. This cutting-edge plant, dedicated to producing advanced biofuels for industrial and maritime
Read More...The oil industry, once the cornerstone of global energy production and economic growth, is now facing a myriad of challenges that threaten its dominance. As the world transitions towards renewable energy sources and grapples with climate change, the future of oil appears increasingly uncertain. This article explores the key factors contributing to the downfall of
Read More...The weak demand and mixed economic outlook have declined international oil prices this week. The current downward movement is attributed to the slow growth of China’s economy and the ongoing energy tensions and geopolitical issues in Europe and the Middle East. Europe’s Brent crude oil, the U.S. WTI crude oil, and OPEC’s basket, all showed
Read More...IEA, the International Energy Agency, has recently published its World Energy Outlook 2024, and it highlights that significant fragilities have been made to today’s energy system by regional conflicts and geopolitical tension. The Russia-Ukraine war and the conflicts in the Middle East are the major issues that are posing threats, as these regions are the
Read More...The energy costs of householders across Britain are increasing after the rise in price caps made by the regulators from October 1. The rise in price cap is about 149 euros for a typical household in England, Scotland, and Wales. Energy suppliers in England, Scotland, and Wales sets the maximum price to consumers according to
Read More...As the name indicates, non-renewable resources are non-sustainable finite natural resources that cannot replenish with the consumption rate. Usually, these resources take millions of years to form and are directly extracted from the earth. From the ancient stages of civilization itself, we humans have been using non-renewable resources. Still, after the arrival of the Industrial
Read More...Energy experts in the UK said that two common appliances, the wireless speakers and the soundbars, can consume surprising levels of energy on standby, and advised to unplug them to reduce the costs. The advice is mainly aimed at reaching the state pensioners as they are looking for ways to reduce costs amidst the recent
Read More...UAW Strike and EV Bust Threaten to Kill Our Auto Industry Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: The UAW strike, combined with foolish pursuit of the EV dream and then bust, are strangling our American auto industry. Workers, once again, will pay the price.] In today’s world,
Read More...EV Mandates Equal Out-of-Sight, Out-of-Mind Child Labor Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: The cruel reality of EV mandates and other “green energy” schemes is that they depend on out-of-sight, out-of-mind child labor in the poorest parts of the world.] Global cobalt demand soared with the advent
Read More...Vietnam War Returns with Biden ESG Edicts! Vijay Jayaraj Research Associate: CO2 Coalition.. .… … … [Editor’s Note: The arrogance of Joe Biden’s controllers knows no limits and now these people are re-igniting a war on Vietnam with incredibly condescending ESG edicts.] It is well known that green enthusiasts in government and big business are
Read More...World Shale Energy Day Is Worth Celebrating! Jim Scherrer Scherrer Resources, Inc., Exton, Pa [Editor’s Note: World Shale Energy Day, created through the leadership of Jim Scherrer, is a time to reflect on all the benefits, including very green ones, of shale energy.] All over the world people are now celebrating shale energy in
Read More...Natural Gas Now Best Picks – March 11, 2023 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week; an anti-ESG county in NJ, climate brats, anti-intersectionality and opening PA for business. Look
Read More...Farming Without Fossil Fuels Is A Matter of Going Hungry Kevin Killough Energy Reporter – Cowboy State Daily .. .… … [Editor’s Note: Farming, energy production, free speech and capitalism are the foundations of civil society as we know it and yet some would throw it all away in hunger games.] When it comes to
Read More...Biden Is the Man with No Plan As Refineries Close Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: Joe Biden is the anti-leader, the scarecrow with no voice, plan or understanding, propped up by special interests as supposed President as we self-destruct.] President Joe Biden continues his pursuit of
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