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  1. Today

  2. GREEN NEW DEAL = BLIZZARD OF LIES

    JoMack replied to topic's Ecocharger in Oil (General)

    The anti-CO2 bankers conventions are falling apart, and full financing for the oil sector should soon return. https://oilprice.com/Energy/Energy-General/Banks-Ditch-Net-Zero-as-Climate-Alliances-Crumble.html "Major US and Canadian banks have withdrawn from the Net-Zero Banking Alliance following pressure from Republican-led states and the election of President Trump. BlackRock, the world's largest asset manager, has also left the Net Zero Asset Managers initiative due to legal concerns and confusion surrounding its practices. European banks are reevaluating their participation in net-zero alliances, and the future of climate finance initiatives is uncertain." "Some of Europe’s biggest banks are rethinking their membership and involvement in net-zero initiatives as Donald Trump returns to office and Republican-led U.S. states are going after “woke capital.” This, they say, discriminates against America’s oil, gas, and coal industry by committing to net-zero portfolios and adopting principles that could reduce financing for fossil fuel projects. Since early December, the biggest U.S. banks – Goldman Sachs, Citigroup, Bank of America, Morgan Stanley, Wells Fargo, and JP Morgan – have all quit the NZBA. " "At the end of November, a group of Republican states led by Texas sued BlackRock and fellow asset managers Vanguard and State Street for alleged violation of antitrust laws. The states allege that the asset managers have been pressuring coal firms to lower output to cut emissions, thus driving up electricity prices in America. Since leaving the net-zero asset managers’ alliance, BlackRock has reached a settlement with the state of Tennessee, which had sued the world’s biggest asset manager for misleading consumers regarding the role of Environmental, Social, and Governance (ESG) factors in its investment practices. The settlement concluded a lawsuit filed by the State of Tennessee under the Tennessee Consumer Protection Act (TCPA). "
  3. Yesterday

  4. America Is Exceptional in Its Political Divide

    Rob Plant replied to topic's notsonice in Geopolitics

    his goal abandon and destroy the dollar......go figure.........The Fed will do him no favors............. cost of refinancing and new debt issuance will go up up and up if faith in the dollar goes down Powell will not leave without a fight....... I expect that Powell will take on Crypto head on .............Crypto is not a bankable currency protected by the FDIC ever try to cash in or deposit bitcoin at your local bank......ha ha ha CoinDesk Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee,... . 5 days ago Reuters Powell says Fed cannot hold bitcoin, not seeking to change that Federal Reserve Chair Jerome Powell said on Wednesday the US central bank has no desire to be involved in any government effort to stockpile large amounts of... . 1 month ago USA Today Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency. . 1 month ago Forbes The House Bans The Fed From Building A CBDC Like The Digital Yuan The House of Representatives has made a significant move by banning the Federal Reserve from creating the "digital dollar," a central bank digital currency. . May 23, 2024
  5. Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million bpd in 2025 and 2 million bpd long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit. View the full article
  6. The Energy Workforce & Technology Council (EWTC) and American Petroleum Institute (API) have both issued statements applauding President Trump's swift and decisive action on Day 1 to unleash American energy. View the full article
  7. CNOOC has announced that Dongfang 29-1 Gas Field Development Project has commenced production. The project is expected to achieve a peak production of 38 million cubic feet of natural gas per day in 2025. View the full article

  8. E-car Sales Collapse

    markslawson replied to topic's TailingsPond in Oil (General)

    No they will not. Tesla will undercut its competitors who need that incentive. Tesla has way more money than its EV (and fossil) competitors - they have what is called a "war chest." Crush the competition at a loss or just use greater manufacturing efficiency. How stupid do you have to be that Trump will do something that Musk doesn't want? Stop pretending you know anything about business or the economy. How is your "soaring" oil price prediction going?
  9. With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production. View the full article
  10. Nigeria ranks as Africa’s top destination for upstream oil and gas investment in 2024, research from Wood Mackenzie shows. The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth in the energy sector. View the full article
  11. MAGA Republican leaders, the so-called ‘climate deniers’—and its leader (Trump) label climate change a “hoax.” What does this mean for climate policy and the energy transition in the U.S.? And will the change in U.S. policy affect European policy as well? View the full article
  12. (Bloomberg) – U.S. President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most U.S. coastal waters as he made sweeping moves his first hours in office to unleash American energy development. View the full article
  13. American Petroleum Institute (API) President and CEO Mike Sommers issued a statement in response to President Trump’s Day One executive orders to unleash American energy, applauding the President's swiftness and decisiveness. View the full article
  14. ADNOC Gas celebrated a new long-term strategic partnership with EWEC (Emirates Water and Electricity Company) to support the UAE’s energy transformation. This landmark agreement is underpinned by a 10-year flexible natural gas sales and purchase agreement between ADNOC Gas Facilities LLC and EWEC worth $10 billion. View the full article
  15. The Energy Workforce & Technology Council (EWTC) issued statements in support of President Donald J. Trump’s declaration of a national energy emergency, signaling a decisive step toward strengthening America’s energy security. View the full article
  16. 📢📢Breaking news!! 📢📢 The real culprit of global warming and climate change found!! https://www.nationalww2museum.org/war/articles/adolf-hitler-and-origins-berlin-tokyo-axis - “Aryan”, chief role in creating culture and civilization around the globe throughout history. “ [5] - (Aryan) provides the mightiest building stones and plans for all human progress and only the execution corresponds to the nature of the varying men and races - In a few decades, for example, the entire east of Asia will possess a culture whose ultimate foundation will be Hellenic spirit (conformity to, imitation of, or devotion to the culture ) and Germanic technology, just as much as in Europe. [5] Owing to this aim, development of the world look the same. Culture of copying or imitation has been applied. Proof: Germany has less than 10-12% of green left before decades of reforestation. So are Netherlands and Denmark. 70-90% of the world has range of green coverage from ZERO to 20+%. Together with conglomerate developers from Hong Kong, Singapore, Malaysia, Aryan, third- fourth- fifth reich who are leading this uniform initiative and its members should have all their wealth frozen. Shall evidence is suffice, these wealth should be consficated to compensate the world for unintended consequences like flash flood, draught, frequent hurricane, frequent forest fire, lose of fishery yield etc happen due to their effort. Utility company of a country, RunHell, should have all assets of its owners, family, relatives and friends frozen. Reasons: 1. The company fails to protect rivers, reservoirs, pipelines supplying clean drinking water to household. 2. They allow development projects beyond their capacity to meet the need, using useless/ compromised EIA reports, and transfer their costs of mismanagement unfairly onto consumers. If all evidence gathered, frozen assets, local and overseas, should be consficated to pay for the costs of protecting sources of water, pipelines, maintenance etc. Ownership should be changed for recurrent malpractices incurred.
  17. Last week

  18. OilPrice Gone to Seed

    Meredith Poor replied to topic's TailingsPond in Geopolitics

    If it was from the Russians they already got what they want - a POTUS who will take bribes and who they have dirt on. If Musk didn't make it painfully clear Trump is for sale.
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  20. In an exclusive interview with Energy Capital & Power, Josu Jon Imaz, CEO of Repsol, shares insights on the company’s production growth strategy, a nine-well exploration drilling campaign and its involvement in Libya’s upcoming bid round. View the full article
  21. Global oil and gas drilling contractor Nabors has announced it will add a third drilling rig to the Waha oil field in Libya’s Sirte Basin. The rig adds to the company’s current fleet of two rigs operating on the field. View the full article
  22. Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit. View the full article
  23. Kimbell Royalty Partners, LP has closed the previously announced purchase of mineral and royalty interests held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments. View the full article
  24. The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters. View the full article
  25. TXO Partners, a limited partnership focused on the acquisition and development of conventional oil and natural gas in the U.S., has identified an overall natural gas resource potential of 3 TCFE across 58,500 acres in the Mancos shale region of the San Juan basin. View the full article
  26. (Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office. View the full article
  27. Watch a short clip yesterday. Barnacles are injuring a seal by growing on its body. The seal was bleeding in pain & rescued by polar wildlife guards. It was touching at first the way mankind contribute to saving an injured wild life. Today, youtube autoselects many more scenes on injured whale, turtle, polar bear, bear mother begging human to help affected baby polar bear, etc. It was disheartening. A quick check to know where do they normally live and on what temperature, it's alarming... Either shipping industry has brought forth this disaster to them or climate change, or both... Wondering where do they normally cleaned barnacles off ships or boats? Everywhere? How do they do it? Scrapping and dropping those back to the sea?? If favourite temperature for barnacles range from 23'C to 28'C, can they survive 4'C of icy water temperature? Polar animals are starving due to low fishery growth caused by pollution, climate change etc. Now, they are injured unnecessarily by barnacles which should not be there. Anyone has idea, how to change it? If we care for animals, why haven't we the same care for one human who is injured & needs help??
  28. Discover how the SonicWall TZ370 Firewall supports secure remote work with advanced VPN features and real-time threat prevention. More Info = https://radiant.in/sonicwall-tz370-next-generation-firewall/
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