Articles tagged with #energy
Latest articles tagged with #energy, sorted from newest to oldest.
U.s. Races to Sell Venezuelan Oil, Transforming Ties with Former Foe
The U.S. government's decision to sell Venezuelan oil is a major departure from its previous stance on the country. In recent years, the U.S. had imposed strict sanctions on Venezuela in an effort to pressure the government to address its human rights abuses and economic woes. However, with the rise...
Fact Sheet: President Trump Is Restoring Prosperity, Safety and Security for the United States and Venezuela
Trump Administration Revives Energy Cooperation with Venezuela The Trump administration's efforts to restore prosperity, safety, and security to the United States and Venezuela have taken a significant step forward with the revival of energy cooperation between the two nations. The Department of Ene...
Dense, Sticky and Heavy: Why Venezuelan Crude Oil Appeals to Us Refineries
The global oil market has witnessed a significant development in recent months, with Venezuelan crude oil emerging as a sought-after commodity among US refineries. The oil, renowned for its dense and heavy properties, has been gaining traction due to its unique characteristics and favorable pricing....
Berlin Power Cut Leaves Thousands in the Dark
The power cut, which occurred on January 8, 2024, affected several districts in Berlin, including the popular Kreuzberg neighborhood. Residents reported being left without electricity, heat, and internet, with many taking to social media to express their frustration and concern. Activist Group Claim...
Trump Administration Orders Aging Coal Plant to Stay Open
The Comanche 3 coal plant, located in Pueblo, Colorado, was set to cease operations on December 31, 2020, after a long battle with environmental regulations and declining profitability. However, in a surprise move, the Trump administration intervened, issuing an order to keep the plant open. Backgro...
Fusion Reactors May Create Dark Matter Particles
Fusion reactors, long considered a promising solution for clean and sustainable energy production, have taken a dramatic turn with the recent revelation that they may be capable of creating dark matter particles. This extraordinary claim, published in a scientific journal, has left experts stunned a...
Britain's Ambitious Green Power Push Hits Grid Capacity Crises
The UK's push for a greener energy sector has been one of the most ambitious in the world, with the goal of reducing carbon emissions to net-zero by 2050. To achieve this target, the government has invested heavily in wind farms, solar panels, and other renewable energy sources. However, the rapid e...
Bp to Sell Majority Stake in $10bn Castrol Business to Us Investment Firm
The deal, which is expected to be completed in the first half of 2024, marks a significant shift in BP's strategy as it looks to simplify its portfolio and reduce debt. The Castrol business is a leading manufacturer of lubricants and automotive products, with a presence in over 120 countries. BP acq...
U.s. Crude Oil Stable After Trading Resumes
The U.S. crude oil market witnessed a relatively calm session as trading resumed after a brief halt, with prices stabilizing amidst a backdrop of global economic uncertainty and rising tensions in key oil-producing regions. Market Volatility Persists Amid Economic Concerns The recent pause in tradin...