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Home Archives for October 2024

Hydrogen Carbon Capture and Storage | Government reignites industrial heartlands 10 days out from the International Investment Summit

Posted By: EN Todayon: October 04, 2024In: Alternative Energy News

Get Published – Build a Following The Energy Central Power Industry Network® is based on one core idea – power industry professionals helping each other and advancing the industr... Read more

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U.S. crude oil has risen nearly 9% this week as traders fear Middle East supply disruption

Posted By: EN Todayon: October 04, 2024In: General Energy News, Oil & Gas News
U.S. crude oil has risen nearly 9% this week as traders fear Middle East supply disruption

Oil prices would spike by $10 to $20 per barrel if an Israeli strike knocks out 1 million barrels per day of Iranian production over a sustained period, according to Goldman Sachs. U.S. crud... Read more

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Grid capacity, data centers among topics at New Jersey hearing on electricity prices

Posted By: EN Todayon: October 04, 2024In: General Energy News
Grid capacity, data centers among topics at New Jersey hearing on electricity prices

After a scorching summer that saw electricity bills soar, experts told lawmakers Wednesday that they should eschew costly utility mandates, invest in technology like carbon capture, and avoi... Read more

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European Union votes to impose tariffs on Chinese electric vehicles

Posted By: EN Todayon: October 04, 2024In: Electric Vehicles News
European Union votes to impose tariffs on Chinese electric vehicles

The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive cou... Read more

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Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack

Posted By: EN Todayon: October 04, 2024In: General Energy News, Oil & Gas News
Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack

“The National Iranian Tanker Company (NITC) appears to be fearing an imminent attack by Israel,” one tanker tracking firm wrote. Fifteen miles off Iran’s northwestern coast... Read more

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Why oil prices haven’t skyrocketed on Middle East supply fears — yet

Posted By: EN Todayon: October 04, 2024In: General Energy News, Oil & Gas News
Why oil prices haven't skyrocketed on Middle East supply fears — yet

The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what’s a... Read more

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Goldman Sachs says crude could spike by $20 on Iran oil shock

Posted By: EN Todayon: October 04, 2024In: General Energy News, Oil & Gas News

Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, said Goldman Sachs.  Iran, which is a member of OPEC, is a key player in the glo... Read more

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Asia-Pacific markets trade mixed as investors weigh China stimulus, oil gains

Posted By: EN Todayon: October 03, 2024In: General Energy News, Oil & Gas News
Asia-Pacific markets trade mixed as investors weigh China stimulus, oil gains

Asia-Pacific markets traded mixed on Friday. This follows after losses on Wall Street, with concerns over Middle East tensions keeping investors on edge. U.S. crude futures rose around 5% ov... Read more

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Weekly Energy Vid, 1st Week October 2024: Data Centers Continue to Search for New Power Supplies

Posted By: EN Todayon: October 03, 2024In: General Energy News

Hurricane Helene slams into southeastern U.S., killing dozens and leaving almost 6 million customers in ten states without power.  Some areas so badly hit that full reconstruction of energy... Read more

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Watch: Yemen’s Houthi rebels strike British oil ship in Red Sea

Posted By: EN Todayon: October 03, 2024In: General Energy News, Oil & Gas News
Watch: Yemen’s Houthi rebels strike British oil ship in Red Sea

Video footage shows the moment Yemen’s Houthi rebels launched an explosive-laden drone boat into a British oil tanker in the Red Sea. Footage released by the Houthi group shows a massive exp... Read more

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