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Inside The $250 Electric Bill: Dissecting The Midterms' Most Hated Piece Of Mail

Inside The $250 Electric Bill: Dissecting The Midterms' Most Hated Piece Of Mail Today, for perhaps the first time in modern American history, the monthly electric bill is on the ballot.Not literally, of course (although in nine states, utility commissioners literally are), but as Reuters put it on Friday, this coul…

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Physical Oil Flips From Bidding War To Fire Sale As Gulf Barrels Flood Back

Physical Oil Flips From Bidding War To Fire Sale As Gulf Barrels Flood Back For much of the past two months, the most important oil price in the world was the one nobody saw on TV.While ICE Brent futures chopped around in a range, the price of actual, deliverable barrels went parabolic: as we noted at the time, Date…

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Dubai Benchmark Slips Into Contango For The First Time Since July

Dubai Benchmark Slips Into Contango For The First Time Since July The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait o…

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Directed-Energy Weapon Deployed At Trump's Mar-A-Lago Club

Directed-Energy Weapon Deployed At Trump's Mar-A-Lago Club There has been a lot of X chatter about the US military installing air-defense systems around President Trump’s Mar-a-Lago club and at Palm Beach International Airport.Photographs published by local media outlets show a self-propelled surface-to-air missile …

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Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout

Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000Get our breaking news email, free app or daily news podcastExecutives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite it…

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US-Iran Reportedly Agree To Concessions On Nuclear File, Oil Plunges

Iran Rejects Latest Draft Proposal To End War: US 'Must Act On 7 Conditions' To Reopen Hormuz SummaryIran Rejects US Draft Proposal: Tehran insists all seven conditions must be met before reopening the Strait of Hormuz.Negotiations Remain Uncertain: Reports of US-Iran concessions raised hopes of a breakthrough, but …

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Futures Mixed As America Votes, Apple Slides And Oil Rebounds After "Defensive" US Strike On Iran

Futures Mixed As America Votes, Apple Slides And Oil Rebounds After "Defensive" US Strike On Iran US futures are down but off session lows, with Nasdaq contracts edging higher, as America heads to the polls for the midterms, chips rebound even as Apple slides on a gross margin warning and Palantir tumbles on a soft …

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Brazil publishes first global ‘roadmap’ for phasing out fossil fuels

Cop30 host sets out steps to break link with coal, oil and gas as it aims to move focus from negotiating to implementingAll countries can start to break their dependence on fossil fuels now without needing to wait for new technologies or economic changes, Brazil’s government has said ahead of a global climate summit…

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The Chart That Should Terrify Brussels: EU NatGas Reserves Could Crater By Winter's End

The Chart That Should Terrify Brussels: EU NatGas Reserves Could Crater By Winter's End Diplomatic signals between the US and Iran ahead of the US midterms sent Brent crude and European natural gas futures tumbling on Monday, but the relief rally has done little to resolve Europe's energy crisis ahead of the Norther…

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Citizen-led ballot initiatives seek to limit electricity firms’ political donations in Michigan

One motion considers reining in political spending while another proposes to municipalize the grid in sign of anger with datacenters and high billsTwo citizen-led ballot initiatives seek to rein in Michigan’s powerful electric utilities as residents say politicians have failed to address pressing issues around contr…

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Korea, Turkey pledge deeper cooperation on nuclear energy, defense

The leaders of South Korea and Turkey agreed Tuesday to deepen cooperation in nuclear energy and the defense industry while strengthening coordination on peace and stability on the Korean Peninsula and in conflict-hit regions, including Ukraine and the Middle East. The agreements followed a summit between President …

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LG Energy Solution Q3 profit climbs 26% on strong ESS demand

LG Energy Solution reported a 25.7 percent increase in third-quarter operating profit Tuesday, boosted by strong demand for energy storage systems in North America and recovering electric-vehicle battery sales, as the South Korean battery-maker raised its full-year revenue outlook. The company posted an operating pr…

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UAE boosts oil exports after leaving OPEC

LONDON (Reuters) -- Six months after leaving OPEC, the United Arab Emirates on Monday began hosting ADIPEC, one of the world's largest energy conferences, where it told an audience of industry executives it had increased oil exports in spite of the Iran war. The UAE was for 59 years a pivotal ‌member of the Organiza…

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