ENERGY

By Liz Heflin of Rmxnews.com

From April to June, the European Union bought more than 12.7 billion cubic meters from Russia and 12.3 billion cubic meters from the United States.

Director of the Russian Department of Economic Cooperation of the Foreign Ministry, Dmitri Birichevski, says Russia now supplies 15 percent of the total volume of natural gas imported by the European Union. This despite the EU’s REPowerEU instituted back in May 2022 to shift away from Russia and cut it (more…)

Authored by Kevin Stocklin via The Epoch Times (emphasis ours),

Generating nearly limitless, clean, carbon-free energy from nuclear fusion—a vision that seems to be perpetually out of reach—has taken major steps in the past several years toward becoming a reality. 

The National Ignition Facility (NIF) at Lawrence Livermore National Laboratory made a record-breaking laser shot on July 5, 2012. The NIF laser system of 192 beams delivered more than 500 trillion watts of peak (more…)

By David Messler of OilPrice.com

There are two main drivers for ExxonMobil, in the face of crude’s relatively tight pricing band-low $70’s to low $80’s, for the most the past year. The first is the Guyana, Stabroek production ramp, and the related kerfuffle with Chevron, over the nature of their proposed acquisition of Hess. The second is the ongoing digestion of Pioneer assets and acceleration of Permian output toward 1.2 mm (more…)