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Russia's Oil Revenue Declines 29% in October Amid Volatile Global Crude Prices

Russia's oil revenue, a major source of income for the country, fell by nearly 30% year-over-year in October due to fluctuating global crude prices.

Fossil Fuels November 5, 2024

Sweden Abandons Baltic Sea Wind Farm Plans Over Security Concerns

Sweden has scrapped plans for 13 offshore wind farms in the Baltic Sea due to national security considerations.

Renewables November 4, 2024

Wall Street Investors Anticipate Trump Victory in Upcoming Election

A survey of professional investors on SumZero platform indicates a majority expect Donald Trump to win the next presidential election, with potential implications for energy and industrial sectors.

Geopolitics November 4, 2024

OPEC+ Extends Supply Curbs as Oil Prices Falter

OPEC+ delays planned production increases through December due to weak demand and falling prices.

Fossil Fuels November 3, 2024

Big Oil Boosts Output as OPEC Considers Supply Increase

Major oil companies are ramping up production, potentially weakening oil prices as OPEC contemplates boosting supply.

Fossil Fuels November 2, 2024

Goldman Sachs: Net Zero Transition to Cost $75 Trillion by 2070

Goldman Sachs estimates that reaching net zero emissions by 2070 will require a $75 trillion investment, more than double previous projections.

Climate & Energy November 1, 2024

US Lithium Production Set to Surge, Challenging China's Dominance in EV Supply Chain

The US is poised for a significant increase in domestic lithium production, with new projects advancing in Nevada and California aimed at reducing reliance on China for critical minerals and electric vehicle batteries.

Renewables October 31, 2024

Dude Perfect Expands Media Empire with New Texas Production Facility

YouTube sensation Dude Perfect is constructing a new studio facility in Frisco, Texas, aimed at serving both their channel and other creators.

Infrastructure October 30, 2024

Germany Implements Measures to Address Solar Farm Subsidies Amid Negative Electricity Prices

German government takes action to reduce subsidies for solar farms as negative electricity prices cost the state billions in reimbursements.

Renewables October 28, 2024