In an era dominated by headlines of geopolitical tensions—from Middle East conflicts to trade wars—the real threat to global energy stability may lie in something far more mundane: neglect. While trillions of dollars pour into renewable energy sources, promising a green future, the oil and gas sector grapples with chronic underinvestment. This imbalance risks creating […]
Continue ReadingDaily Standup Top Stories Mexico Curbs Oil Exports April 2, 2024 Mariel Alumit Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a tightening global market. Petroleos Mexicanos, also called Pemex, canceled contracts to supply […] Coal phase-out: Germany shuts down 15 coal-fired power […]
Continue ReadingDaily Standup Top Stories Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall March 27, 2024 Mariel Alumit Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado’s spending plan — found themselves with a problem. With just over […]
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Daily Standup Weekly Top Stories Orsted’s strategic shake-up has investors worried February 4, 2024 Stu Turley Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting dividend, asset sales could restore confidence -analysts COPENHAGEN, Feb 2 (Reuters) – Orsted (ORSTED.CO), opens new […] GOLDSTEIN: Trudeau government doesn’t know […]
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Daily Standup Top Stories After scrapping nuclear reactors, Germany to spend billions on new gas power plants February 5, 2024 Mariel Alumit Berlin has agreed to spend €16 billion to build four major natural gas plants to meet electricity demand in a major overhaul of the country’s energy grid. In a statement Monday, officials said the […]
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Daily Standup Top Stories OPEC’s Influence on Oil Prices To Remain Significant In 2024 January 2, 2024 Mariel Alumit Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by surprise this year by adding 1 million barrels in daily output. OPEC’s share in the global total may […] QatarEnergy, ExxonMobil […]
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