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United States · United StatesIn the evolving global energy landscape, renewable sources are becoming increasingly cost effective. Even without subsidies, renewables are often the cheapest option available. This chart, created by Visual Capitalist's Selin Oguz and Ryan Bellafontaine, in partnership with the National Public Utilities Council, shows which electricity sources are the most and least expensive in 2024, using data by Lazard. Onshore Wind and Solar: A Bargain with …See the Story
What Are America’s Cheapest Energy Sources?
100% Right coverage: 1 sources
Oil and Gas Sector · NigeriaNigeria's largest refinery, the Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria. Reuters sources indicate that this move, unusual for refineries, stems from technical challenges at the plant. The refinery, which began production in January 2024, aims to be the largest in Africa and Europe once fully operational. It's designed to shift Nigeria from a fuel importer to a fuel exporter. However, rec…See the Story
Nigeria's Dangote Refinery Reselling Imported Crude Oil
100% Right coverage: 1 sources
Oil and Gas Sector · United StatesThe rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 334 rigs were active in the region. Nationally, the oil and gas rig count is up three from last week at 589 rigs. A year ago, 664 rigs were active. The count shows that 482 rigs sought oil, up five from the previous week, and 101 explored for natural gas, down two from the previous week. The co…See the Story
Basin rig count down one as prices drop
100% Right coverage: 2 sources
Hamas · GazaPolitics, Geopolitics & Conflict Palestinian factions Hamas and Fatah have signed a declaration for the formation of a joint government in talks mediated by Beijing this week. The two factions have agreed to an interim reconciliation government should a ceasefire deal be reached with Israel in the Gaza Strip. (12 other Palestinian factors also signed the declaration). The declaration is meant to ensure that Israel has a reduced pathway to establ…See the Story
Palestinian Political Factions Agree to Reconciliation Government
100% Right coverage: 3 sources
Startups · MexicoMexico is scouring the U.S. and Asian fuel markets for more imports of gasoline and diesel in 2024 and 2025 as the country’s newest refinery is struggling to start up, several traders have told Reuters. The Olmeca refinery, also known as Dos Bocas, is a flagship project of outgoing Mexican President Andrés Manuel López Obrador, who sought to reduce Mexico’s dependence on fuel imports from the United States. The 340,000 barrels per day (bpd) refi…See the Story
Mexico Set to Import More Fuel as Mega Refinery Startup Is Delayed
100% Right coverage: 1 sources
China · ChinaChinese electricity consumption in the data services industry and for charging and battery services soared in the first half of 2024, driven by technology and electric vehicles, data from the China Electricity Council has shown. Power consumption in data centers, big data, and cloud computing jumped by 33% between January and June compared to the same period of 2023, according to the data cited by China Daily. China’s electricity consumption for…See the Story
Technology and EVs Send China’s Power Demand Surging
100% Right coverage: 1 sources
Caracas · CaracasDespite being the most popular politician in Venezuela, María Corina Machado has been banned from standing in this weekend’s election. Forbidden from flying, she must rely on cars and motorcycles — even canoes, horses and tractors when the roads are deliberately blocked — to criss-cross the country for campaigning. She is kept off most of the media. Her rallies have been attacked. Her aides and supporters have been beaten, detained or forced to fSee the Story
The Iron Lady who could save Venezuela
Coverage: 2 sources