Natural Gas Prices Crash On Warm Weather Warnings
Spot prices for natural gas fell sharply on Friday as forecasts for warm weather spooked traders who were hoping for increased demand heading into what is normally cold season in Continue Reading
Daimler Looks to Cut Thousands of Jobs
Daimler AG aims to slash thousands of jobs over the next three years and cut labor costs by $1.5 billion, the latest round of cost cuts in a sector squeezed Continue Reading
Warming Waters, Moving Fish: How Climate Change Is Reshaping Iceland
Before it became a “Game of Thrones” location, before Justin Bieber stalked the trails of Fjadrargljufur, and before hordes of tourists descended upon this small island nation, there were the Continue Reading
Why Russia Wants To Renegotiate The OPEC+ Deal
Russian oil companies prefer to keep their production restriction quotas until March, when the current OPEC+ cuts expire, and discuss an extension then, signaling that Russian producers don’t want deeper Continue Reading
Novak calls for OPEC+ to decide future of agreement nearer Apr: report
Around 7%-8% of current Russian oil output is condensate: Novak Moscow — Russian energy minister Alexander Novak said Friday it is too early to talk about extending the OPEC+ crude Continue Reading
Crude oil futures fall as hopes of deeper OPEC+ cuts fade
Crude oil futures were lower during mid-morning trade in Asia Friday amid expectations that OPEC+ members will not deepen production cuts at their upcoming meeting next week. At 10:53 am Continue Reading
Oil ends mixed, pressured by U.S. tensions with China over rights bill
Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, Continue Reading
Bunker fuel quality remains a pressing concern as IMO 2020 nears
Bunker fuel quality issues continue to persist in the industry, even as fuel management is set to become more critical, ahead of the International Maritime Organization’s, or IMO, January 2020 Continue Reading
Airplanes Can’t Outfly Their Carbon Emissions
There is no easy way out of “flight shame.” Swedish climate activist Greta Thunberg’s warnings against air travel seem to be having an effect, particularly in Europe. In a recent Continue Reading
Is This The Only Way To Curb Global Warming?
A new report from the United Nations environment programme (Unep) finds that on current pledges, the world is heading for a 3.2 degree rise. Although G20 nations collectively account for Continue Reading