Red Sea turmoil has so far spared oil supplies, but buyers have reasons to worry

[ A series of attacks on shipping routes in the Red Sea has so far spared oil supplies from witnessing major disruptions, but oil-importing countries are spending sleepless nights amid concerns that any escalation could potentially alter the situation drastically. Although the attacks disrupted container shipping lines, oil shipments remain largely stable. However, concerns stem … Read more

TotalEnergies to buy OMV’s Malaysia assets for US$903mil

[ TotalEnergies SE agreed to buy OMV AG’s stake in an independent Malaysian natural gas producer for $903 million, increasing the French energy giant’s presence in southeast Asia. SapuraOMV, headquartered in Kuala Lumpur, is a joint venture between Sapura Energy Berhad and OMV. It has production and development assets in shallow waters off Malaysia, as … Read more

Samsung launches new way to help millions of British Gas customers save money on their energy bills with their phone

[ SAMSUNG has launched a way for British Gas customers to use a nifty app to slash their monthly energy bills. The SmartThings application essentially allows households to manage their smart home appliances from a smartphone or tablet. 1 Along with alerting customers about energy prices, the app offers real-time usage tracking as wellCredit: Samsung … Read more

6 types of paintings to have at the entrance of your home, as per Vastu

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The Last-Ditch Effort to Stop the Mountain Valley Pipeline

[ With the Supreme Court green-lighting the MVP, it seems to Larkin and others that there’s only one thing left to do. That is, throw their bodies upon the gears, in hopes of at least slowing things down for one more day, every day, for as long as possible, by force if nothing else. “We knew … Read more

Oil prices tick up as markets weigh Middle East tensions, supply forecasts

[ TOKYO/BEIJING: Oil prices rose on Friday as geopolitical tensions and oil output disruptions in the U.S., the world’s biggest producer, caused by cold weather overshadowed concerns about slow Chinese demand growth and forecasts for ample supply. Brent crude futures rose 2 cents to $79.12 a barrel by 0715 GMT, while U.S. West Texas Intermediate … Read more

Indonesia’s biomass consumption target in 2024 nearly triples

[ JAKARTA: Indonesia aims to triple its biomass consumption in power generation to 2.83 million metric tons in 2024, from 991,000 tons consumed last year in an effort to cut its emissions, an energy ministry official said on Thursday. In the world’s biggest thermal coal producer Indonesia, the fossil fuel accounted for 67% of the … Read more

Tesla charging stations become ‘car graveyards’ as batteries die in cold, US reports say

[ Tesla owners are lining up at Chicago-area charging stations as subzero temperatures cause electric vehicle batteries to die quickly, Chicago news outlets report. But, their cars aren’t always making it to the charging port. Fox32 called the charging lots “car graveyards”, describing the abandoned cars left in the lot after cars wouldn’t charge. Tesla … Read more