Tag #Energy

Showing 49 to 60 of 392 results

europe.chinadaily.com.cn

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Mar 12, 07:12

China's Breakthrough in Offshore Oil Drilling

China's advancements in offshore oil drilling technology, spearheaded by Li Zhong, have resulted in significantly faster and cheaper operations, evidenced by a 2015 project where a Chinese team completed a well in 40 days at 80 million yuan, compared to a foreign team's 120 days and 360 million yuan...

China's Breakthrough in Offshore Oil Drilling

China's advancements in offshore oil drilling technology, spearheaded by Li Zhong, have resulted in significantly faster and cheaper operations, evidenced by a 2015 project where a Chinese team completed a well in 40 days at 80 million yuan, compared to a foreign team's 120 days and 360 million yuan...

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Industry, Innovation, and Infrastructure

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What is the key impact of China's improved offshore drilling technology on global energy markets and technological competitiveness?

China's advancements in offshore drilling technology, driven by Li Zhong's team, have resulted in significantly faster and cheaper operations compared to foreign counterparts. In a 2015 project, the Chinese team completed a well in 40 days at a cost of 80 million yuan, compared to a foreign team's 120 days and 360 million yuan.

theglobeandmail.com

🌐 90% Global Worthiness

Mar 11, 22:12

Ford Suspends Energy Surcharge Amid Trump Tariff Threats

Ontario Premier Doug Ford suspended his 25 percent surcharge on U.S. power exports following threats from President Trump to double tariffs on Canadian steel and aluminum; Ford and federal Finance Minister Dominic LeBlanc will meet with U.S. officials to discuss further.

Ford Suspends Energy Surcharge Amid Trump Tariff Threats

Ontario Premier Doug Ford suspended his 25 percent surcharge on U.S. power exports following threats from President Trump to double tariffs on Canadian steel and aluminum; Ford and federal Finance Minister Dominic LeBlanc will meet with U.S. officials to discuss further.

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Decent Work and Economic Growth

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What immediate impact did Ontario Premier Doug Ford's suspension of the electricity surcharge have on US trade threats?

Ontario Premier Doug Ford suspended a 25 percent surcharge on U.S. power exports following a call with U.S. Commerce Secretary Howard Lutnick. This decision came after President Trump threatened to double tariffs on Canadian steel and aluminum. Ford and federal Finance Minister Dominic LeBlanc will meet with U.S. officials to discuss tariffs further.

forbes.com

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Mar 10, 22:09

U.S. Gas Prices Drop to Lowest March Level Since 2021 Amid Economic Uncertainty

The average U.S. gasoline price fell to \$3.03 per gallon, the lowest March level since 2021, due to economic uncertainty and concerns about President Trump's paused tariffs; Mississippi has the cheapest gas at \$2.60 per gallon, while California has the most expensive at \$4.65.

U.S. Gas Prices Drop to Lowest March Level Since 2021 Amid Economic Uncertainty

The average U.S. gasoline price fell to \$3.03 per gallon, the lowest March level since 2021, due to economic uncertainty and concerns about President Trump's paused tariffs; Mississippi has the cheapest gas at \$2.60 per gallon, while California has the most expensive at \$4.65.

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Affordable and Clean Energy

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How did concerns about President Trump's tariffs affect the price of gasoline, and what was the ultimate outcome?

Concerns about the economy significantly influence fuel prices. The recent drop follows uncertainty surrounding tariffs on Canadian oil, which were expected to increase gas prices in the Northeast by 20-40 cents per gallon but were paused. This highlights the substantial impact of economic and political factors on fuel costs.

theguardian.com

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Mar 6, 19:17

BP CEO's Pay Cut Follows Green Investment Strategy Abandonment

BP CEO Murray Auchincloss's pay fell 30% to £5.4m in 2024 after the company missed profit targets and abandoned its green investment strategy following pressure from activist investor Elliott Investment Management; the decision not to put the strategic change to a shareholder vote has drawn criticis...

BP CEO's Pay Cut Follows Green Investment Strategy Abandonment

BP CEO Murray Auchincloss's pay fell 30% to £5.4m in 2024 after the company missed profit targets and abandoned its green investment strategy following pressure from activist investor Elliott Investment Management; the decision not to put the strategic change to a shareholder vote has drawn criticis...

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Climate Action

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What are the long-term implications of BP's strategic reset for its reputation, investor confidence, and its role in the global energy transition?

BP's revised executive bonus structure, eliminating the 'transition growth' metric and emphasizing free cash flow and operational reliability, further underscores the company's prioritization of immediate financial gains over its stated environmental goals. This could potentially attract further criticism from investors and activists concerned about climate change, while potentially impacting long-term sustainability prospects.

forbes.com

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Mar 3, 01:07

Trump Imposes Tariffs on Canada, Mexico, and EU, Sparking Economic Uncertainty

President Trump imposed 25% tariffs on Canadian and Mexican goods and 25% on EU goods, impacting $763 billion in US-Canada trade in 2024 and potentially causing inflation, supply chain disruptions, and international trade disputes.

Trump Imposes Tariffs on Canada, Mexico, and EU, Sparking Economic Uncertainty

President Trump imposed 25% tariffs on Canadian and Mexican goods and 25% on EU goods, impacting $763 billion in US-Canada trade in 2024 and potentially causing inflation, supply chain disruptions, and international trade disputes.

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Decent Work and Economic Growth

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How will the tariffs impact the U.S. energy sector, specifically oil, gas, and renewable energy markets?

The tariffs, impacting $763 billion in US-Canada trade in 2024, will exacerbate US-Canada tensions and disrupt supply chains. The EU, with $50 billion in monthly exports to the US, will likely retaliate, escalating trade conflicts. This contradicts the economic consensus favoring free trade for overall economic benefit.

theglobeandmail.com

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Mar 3, 16:14

Canada Infrastructure Bank Bolsters Energy and Trade Infrastructure Amidst U.S. Trade Uncertainty

The Canada Infrastructure Bank is accelerating its investments in power and trade infrastructure projects, allocating $10 billion to clean energy and investing in Indigenous-led logistics hubs, in response to trade tensions with the United States.

Canada Infrastructure Bank Bolsters Energy and Trade Infrastructure Amidst U.S. Trade Uncertainty

The Canada Infrastructure Bank is accelerating its investments in power and trade infrastructure projects, allocating $10 billion to clean energy and investing in Indigenous-led logistics hubs, in response to trade tensions with the United States.

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Affordable and Clean Energy

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How do the bank's investments in Indigenous communities and clean energy contribute to broader economic and social goals in Canada?

The bank's focus on clean power and trade logistics infrastructure directly addresses potential disruptions from fluctuating trade relations with the U.S., enhancing Canada's energy independence and supply chain reliability. Investments in Indigenous communities through energy projects and logistics hubs promote economic development and reconciliation. The apolitical nature of infrastructure investment suggests continued support regardless of the upcoming federal election.

forbes.com

🌐 75% Global Worthiness

Mar 12, 22:14

EPD: Record Volumes & Undervalued Stock Despite Slowing Growth

Enterprise Products Partners (EPD), a master limited partnership, achieved record oil and gas volumes in 2024, driven by rising U.S. production and exports; despite expected slower growth, its strong cash flow, $7.6 billion in capital projects, and undervalued stock price offer significant upside po...

EPD: Record Volumes & Undervalued Stock Despite Slowing Growth

Enterprise Products Partners (EPD), a master limited partnership, achieved record oil and gas volumes in 2024, driven by rising U.S. production and exports; despite expected slower growth, its strong cash flow, $7.6 billion in capital projects, and undervalued stock price offer significant upside po...

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Affordable and Clean Energy

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What is the immediate impact of rising U.S. oil & gas demand on Enterprise Products Partners' financial performance and outlook?

Enterprise Products Partners (EPD) is a master limited partnership (MLP) that has underperformed despite strong business fundamentals. Its "toll-taker" model benefits from rising U.S. oil & gas production and demand, achieving record volumes in 2024 across multiple segments. The company's $7.6 billion in capital projects under construction will further capitalize on this growth.

pda.kp.ru

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Mar 11, 19:16

Putin and Tokayev Discuss Enhanced Trade and Energy Cooperation

Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev discussed furthering bilateral cooperation in trade, economics, and energy, following agreements from Putin's November 2024 Astana visit, which included a joint statement on deepening strategic partnership and attracting for...

Putin and Tokayev Discuss Enhanced Trade and Energy Cooperation

Russian President Vladimir Putin and Kazakh President Kassym-Jomart Tokayev discussed furthering bilateral cooperation in trade, economics, and energy, following agreements from Putin's November 2024 Astana visit, which included a joint statement on deepening strategic partnership and attracting for...

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Decent Work and Economic Growth

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How does Kazakhstan's focus on attracting foreign investment, particularly from Russia, fit within its broader economic and geopolitical strategy?

Kazakhstan's prioritization of attracting private investment aligns with its broader economic strategy, aiming to boost resources and establish new industrial production. This strategy includes enhancing cooperation with Central Asian and Eurasian Economic Union neighbors, leveraging the region's competitive advantages.

theglobeandmail.com

🌐 85% Global Worthiness

Mar 7, 07:10

US Tariffs Spur Canadian Pipeline Push

US tariffs on Canadian oil imports have spurred calls for new Canadian pipelines to increase exports to Asia and Europe, boosting domestic production and reducing reliance on the US market; companies like CNRL and Enbridge support this.

US Tariffs Spur Canadian Pipeline Push

US tariffs on Canadian oil imports have spurred calls for new Canadian pipelines to increase exports to Asia and Europe, boosting domestic production and reducing reliance on the US market; companies like CNRL and Enbridge support this.

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Climate Action

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What are the immediate economic and geopolitical consequences of the US tariffs on Canadian oil, and how is Canada responding?

The 10 percent US tariff on Canadian oil imports, although temporarily suspended, has prompted Canadian oil companies like Canadian Natural Resources Ltd. to advocate for increased pipeline capacity to access Asian and European markets. This would allow for increased production, currently at a record 1.36 million barrels daily, and reduce reliance on US markets.

nbcnews.com

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Mar 5, 19:13

Supreme Court Weighs Texas Nuclear Waste Facility Amid Yucca Mountain Stalemate

The Supreme Court heard arguments on a challenge to the Nuclear Regulatory Commission's approval of a temporary nuclear waste storage site in Texas, highlighting the ongoing issue of the stalled Yucca Mountain project and its impact on the future of nuclear waste management.

Supreme Court Weighs Texas Nuclear Waste Facility Amid Yucca Mountain Stalemate

The Supreme Court heard arguments on a challenge to the Nuclear Regulatory Commission's approval of a temporary nuclear waste storage site in Texas, highlighting the ongoing issue of the stalled Yucca Mountain project and its impact on the future of nuclear waste management.

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Clean Water and Sanitation

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How does the stalled Yucca Mountain project influence the legal arguments surrounding the proposed Texas facility?

The case highlights the conflict between the need for temporary nuclear waste storage and the lack of a permanent solution, exemplified by the Yucca Mountain impasse. The court's ruling will affect the future of nuclear energy operations nationwide, impacting both the NRC's regulatory power and the states' ability to challenge such projects.

zeit.de

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Mar 3, 19:11

Woidke Conditionally Supports Resuming Russian Oil Imports to PCK Refinery

Brandenburg's Ministerpräsident Dietmar Woidke supports resuming Russian oil imports to the PCK refinery in Schwedt after a Ukraine peace deal, contingent on a federal government decision; the refinery, partially owned by Rosneft, currently operates at 80% capacity utilizing alternative oil sources.

Woidke Conditionally Supports Resuming Russian Oil Imports to PCK Refinery

Brandenburg's Ministerpräsident Dietmar Woidke supports resuming Russian oil imports to the PCK refinery in Schwedt after a Ukraine peace deal, contingent on a federal government decision; the refinery, partially owned by Rosneft, currently operates at 80% capacity utilizing alternative oil sources.

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Decent Work and Economic Growth

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What are the immediate economic and political implications of potentially resuming Russian oil imports to the PCK refinery?

Brandenburg's Ministerpräsident Dietmar Woidke conditionally supports resuming Russian oil imports to the PCK refinery after a Ukraine peace deal, emphasizing this decision rests with the federal government. He highlights the refinery's importance to Brandenburg and the potential for normalized economic ties with Russia, but stresses that sanctions can only be lifted post-peace agreement.

kathimerini.gr

🌐 75% Global Worthiness

Mar 2, 22:12

HELLENiQ ENERGY Reports Record 2024 Profits, Plans Crete Drilling

HELLENiQ ENERGY reported record 2024 EBITDA exceeding €1 billion and plans a research well in Crete's offshore blocks within six months, costing $50-80 million; the 50% Elpedison acquisition is expected to complete in the next quarter, increasing its renewable energy capacity to 1 GW by 2026 and 2 G...

HELLENiQ ENERGY Reports Record 2024 Profits, Plans Crete Drilling

HELLENiQ ENERGY reported record 2024 EBITDA exceeding €1 billion and plans a research well in Crete's offshore blocks within six months, costing $50-80 million; the 50% Elpedison acquisition is expected to complete in the next quarter, increasing its renewable energy capacity to 1 GW by 2026 and 2 G...

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Affordable and Clean Energy

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What were HELLENiQ ENERGY's 2024 financial highlights, and what key strategic decisions are pending?

HELLENiQ ENERGY announced strong 2024 results, exceeding €1 billion in EBITDA despite a €173 million exceptional tax. A decision on a research well in Crete's offshore blocks is expected within 3-6 months, costing an estimated $50-80 million. The acquisition of 50% of Elpedison is slated for completion in the next quarter.

Showing 49 to 60 of 392 results