Opec+ Extends Oil Production Cuts Through All Of 2025 To Help Prop Up Weaker Crude Prices
Members of the producers cartel and allied countries including Russia decided at an online meeting to hold steady its production levels, which include collective cuts of 2 million barrels per day, through Dec. 31, 2025.
Opec Agrees To Halt Oil Production To Compensate For Sagging Prices
The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.
Us Remains Critical Source Of Funds And Start-ups For Hong Kong, Head Of Investhk Says | South China Morning Post
Director general Alpha Lau tells Post during California trip some American tech companies expressed interest in investment opportunities in Greater Bay Area.
Early Monsoon Arrival On June 2 To Provide Much-required Boost To Indian Agriculture, Rural Demand And Economy - Ibtimes India
The India Meteorological Department (IMD) has advanced the expected onset of the monsoon in Karnataka to June 2, 2024.:
The monsoon season has arrived early in Kerala and northeastern states, a crucial event for Indian agriculture.The India Meteorological Department (IMD) has advanced the expected onset of the monsoon in Karnataka to June 2, 2024. The early monsoon and forecast of above-normal rainfall is significant for agriculture, water supply, and the economy. The monsoon's impact on the economy is profound, affecting crop yields, rural demand, and economic growth.
Global Agricultural Trade Focuses On India Policies Post New Govt Formation | Agriculture
Prices of some farm commodities have softened from their peaks, with state agencies also cracking down on hoarding and selling some grains from state reserves.
Us Energy Secretary Calls For More Nuclear Power While Celebrating $35B Georgia Reactors
U.S. Energy Secretary Jennifer Granholm is calling for more nuclear reactors to be built in the United States and worldwide.
Pxe: Investing In Oil And Gas Depends On Your Time Horizon (nysearca:pxe)
Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) is a hold due to mixed factors impacting investment in the oil and gas industry. While crude oil and natural gas will likely maintain a dominant position in the global energy market, it is inevitably an exhaustible resource. Elevated gas prices will keep companies profitable, providing investors solid returns for PXE and peer funds in the short term. However, renewable energies will eventually overtake oil and gas in the long term. PXE is an ETF that seeks to track the Dynamic Energy Exploration & Production Intellidex Index.
The Uk’s Reinvigoration Of Nuclear Energy | Vinson & Elkins Llp
The volatility of energy prices following recent geopolitical challenges has brought a renewed focus on domestic energy security. Because of the risks associated with weather-dependent energy solutions, a revival of nuclear energy appears to be forthcoming. Indeed, at COP 28, no less than 22 countries committed to triple global nuclear power capacity by 2050, and the UK Government has announced plans to increase the contribution of nuclear power to 25% of the UK’s electricity supply by 2025....By: Vinson & Elkins LLP.
Satellite Data Study Shows 1.18 Billion People Are Energy Poor, Finding No Evidence Of Electricity Usage From Space
An international team of political scientists, data scientists, economists and environmental scientists has found, via study of satellite data, that approximately 1.18 billion people across the globe are energy-poor—viewed from space, they show no evidence of using electricity. In their study, reported in Joule, the researchers mapped artificial light on the ground as viewed by satellites at night for 3,000 nights.
Us Solar And International Public Partnership Adviser Amber Infrastructure To Merge With Us Asset Manager
Amber Infrastructure, the investment adviser of the US Solar (USF) and International Public Partnership (INPP) investment trusts, has agreed to merge with Cleveland-based real estate and fixed income manager Boyd Watterson.