Daily Standup Top Stories
Renewables growth did not dent fossil fuel dominance in 2022, report says
LONDON, June 26 (Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical […]
Larry Fink “ashamed” to be part of ESG political debate – Hypocrisy Has No Limits
BlackRock CEO Larry Fink said he’s no longer using the term “ESG” (environment, social and governance) because it is being politically “weaponized” and he’s “ashamed” to be part of the debate on the issue. Why it matters: How the […]
Oilfield Service Giants Are Betting Big On ‘New Energy’ Tech
Oilfield services companies are ramping up activity in low-carbon energy. Service companies focused on equipment and technology naturally benefit from new businesses earlier in the cycle. Current revenues from new energy businesses for the top […]
Saudi Aramco looks to China and India to prop up oil markets
Aramco’s CEO Amin Nasser believes that the oil market fundamentals remain generally “sound” for the rest of the year. “Although China is facing some economic headwinds, the transport and petrochemical sectors are still showing signs […]
OPEC says oil demand will hit 110 million barrels per day in 2045
The post Daily Energy Standup Episode #153 – Fueling the Future: Fossil Fuel Dominance Persists Despite Renewable Growth, Larry Fink Voices Regret, Oilfield Giants Embrace Energy Tech, and OPEC Projects Surging Demand appeared first on Energy News Beat.