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.
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.
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.
OPEC+ Extends Supply Curbs as Oil Prices Falter
OPEC+ delays planned production increases through December due to weak demand and falling prices.
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.
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.
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.
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.
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.