Russian Refineries Install Nets As Protection From Drone Attacks

zerohedge.com Russian Refineries Install Nets As Protection From Drone Attacks Authored by Charles Kennedy via OilPrice,com, Russian oil company Bashneft, part of state-controlled giant…

New polling shows many voters unfamiliar with Biden climate law, despite economic benefits

axios.com A pair of things crossed my screen that together show the growing economic effect of low-carbon tech — and the tricky domestic politics of energy transition. Why it matters:…

“Old” but Mighty: Here’s Why You Don’t Want to Overlook Oil

investorplace.com I want to examine the often overshadowed – but far from dormant – oil and gas sector. If you’re familiar with the 1960s sitcom , then you’ll remember its kitschy theme song…

In 2023 clean energy added USD 320 billion to the world economy, 10% of global GDP growth

iea.org Clean energy accounted for 10% of global GDP growth in 2023 Our new country-by-country and sector-by-sector analysis finds that in 2023, clean energy added around USD 320…

Standard Chartered Says Peak Oil Demand Is Not Imminent

nakedcapitalism.com Yves here. As global conflicts seem way too likely to blow big, and US politics look, as Lambert would say, overly dynamic, the global warming train is not slowing down.…

Yearning For A World Sans Fossil Fuels Is Magical Thinking

city-journal.org The idea that the United States can quickly “transition” away from hydrocarbons—the energy sources primarily used today—to a future dominated by so-called green technologies…

Global Oil Demand Surges in February, Hits Five-Year Seasonal High

tftc.io Global oil demand experienced a significant upswing in February 2024, increasing by 1.2 million barrels per day (bpd) from the previous month and reaching a five-year…

Oil Futures Post Third Straight Loss on U.S. Stock Build

barrons.com Crude oil futures fall for a third consecutive session, extending the retreat from last week's highs as concerns about Mideast tensions take a back seat and the IEA reports…

Ghana's dumsor crisis: blackouts plague homes and businesses – DW

dw.com Ghanaians are reeling from power cuts popularly known as "dumsor." Unpaid utility bills, poor infrastructure maintenance and a struggling economy threaten to plunge the…

AI Will Boil The Oceans

forbes.com Seven trillion dollars, that should do the trick! My article, “AMD And Nvidia Will Boil The Oceans” got a lot of attention, and now Sam Altman, CEO of OpenAI, has confirmed…

IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption

aol.com None The IEA downgraded its global oil-demand forecast to 1.2 million barrels a day through the rest of the year. • None The group cited weak OECD deliveries, the end of the…

Naphtha Trade Rebounds, China Uncertainty Ahead

institutionalinvestor.com Naphtha futures trade volumes rebounded by 40% in 2023, and into 2024, after commercial firms turned to the futures markets to manage risk amidst heightened price outlook…

Oil prices could breach $100 on much more dangerous Middle East, analysts warn

financialpost.com After reaching its highest price since October, oil could rise even further and possibly breach the US$100 mark this year if tensions in the Middle East continue to…

Russian oil exports crippled by Ukraine attacks on refineries

newsweek.com Ukrainian drone strikes on oil facilities in Russia continue to hurt production of its largest export, recent figures show. Since January, attacks on oil facilities across a…

What next for oil prices after Iran’s attack on Israel?

theguardian.com Investors are on high alert as they await Israel’s response to Iran’s attack. However, oil prices dropped on Monday even as Israel’s war cabinet met to discuss its response.…

How the Israel-Iran conflict could send oil prices higher

aol.com Iran’s unprecedented attack on Israel over the weekend has ratcheted up tensions in the oil-rich Middle East yet again, threatening to send fuel prices skyward if the…

China accounted for two-thirds of new global coal plant capacity in 2023, report finds

cnbc.com The world added more coal power capacity last year than any year since 2016, with China driving most growth and future planned capacity, according to new research. A report…

Russia's Refinery Outages Could Disrupt Global Market for Petroleum Products, Says IEA

barrons.com The recent spate of Ukrainian attacks against Russian refineries risks disrupting global middle distillate markets in the coming months, the International Energy Agency said…

IEA trims 2024 oil demand forecast on weakness in wealthier countries

theglobeandmail.com The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing lower than expected consumption in OECD countries and a slump in…

IPO & Takeover Activity to Take-off

invstr-crunch.zencast.website Today on Invstr Crunch we will be talking about KKR co-EO’s expecting an IPO and takeover revival and the IEA forecasting a slow-down in oil-demand growth.

IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions

cnbc.com An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. The International Energy Agency on Friday downgraded its forecast for 2024…

Oil Resumes Gain as Israel Prepares for Potential Iran Attack

finance.yahoo.com Oil resumed gains as Israel braced for a potential strike by Iran or its proxies, and traders looked ahead to an International Energy Agency report on the supply and demand…

Oil Broadly Steady Ahead of Key U.S. Inflation Data

barrons.com Oil prices were little changed on Wednesday as markets assess diplomatic efforts in the Middle East and wait for key U.S. inflation data for more cues on the interest-rate…

Arm CEO warns AI's power appetite could devour 25% of US electricity by 2030

theregister.com Arm CEO Rene Haas cautions that if AI continues to get more powerful without boosts in power efficiency, datacenters could consume extreme amounts of electricity. Haas…

Irish power crunch could be prompting AWS to ration compute resources

theregister.com Exclusive Datacenter power issues in Ireland may be coming to a head amid reports from customers that Amazon's facility is restricting resources that users can spin up, even…