The Biggest Energy Miscalculation of 2024 by Global Leaders – Artificial Intelligence: Maureen McCall

    by Maureen McCall It’s generally accepted that the launch of Artificial Intelligence (AI) occurred at Dartmouth College in a 1956 AI workshop that brought together leading thinkers in computer science, and information theory to map out future paths for investigation. Workshop participants John McCarthy, Marvin Minsky, Nathaniel Rochester and Claude E. Shannon coined …

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Ukraine Says it Received First US LNG Shipment

Ukraine has received a shipment of U.S. liquefied natural gas for the first time, the Ukrainian president’s chief of staff, Andriy Yermak, said on Saturday. “This is more than just a shipment – it is a strategic step. Despite Russia’s attempts to destroy our energy system during the war, we have achieved yet another victory …

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U.S. Crude and Distillate Stocks Fall, Gasoline Inventories Rise, EIA says

 U.S. crude stocks and distillate inventories fell while gasoline inventories rose last week, the Energy Information Administration said on Friday. Crude inventories fell by 4.2 million barrels to 416.8 million barrels in the week ended Dec. 20, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.9 million-barrel draw. Crude stocks …

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U.S. Drillers Keep oil and Natgas Rigs Unchanged for Third Week – Baker Hughes

U.S. energy firms this week operated the same number of oil and natural gas rigs for third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, was unchanged at 589 in the week to Dec. …

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Oil Settles Up Over 1% on Large Draw From US Crude Stocks

Summary • US crude oil stocks fell 4.2 million barrels last week, EIA says • Analysts polled by Reuters expected 1.9 million-barrel draw • Stimulus measures lift optimism over Chinese economy • Rising Russia-Ukraine tensions raise fears of supply shocks in 2025(Reuters) – Oil prices settled more than 1% higher on Friday and recorded a …

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Duke Energy Files to Recover $1.1 Bln in Hurricane Costs

(Reuters) – U.S.-based utility Duke Energy (DUK.N) said on Friday it had filed a plan with the Florida Public Service Commission (FPSC) to recover about $1.1 billion in direct costs associated with the company’s emergency activation and response to hurricanes Debby, Helene and Milton. Severe storms this year forced major U.S. utilities to shut down …

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