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Month: December 2019

Category:
  • Germany
  • Nuclear

German nuclear exit continues as planned with next reactor to close Dec 31

London — Germany’s planned phasing out of nuclear power will continue with the closure next Tuesday of the 1.5 GW Philippsburg 2, leaving six reactors with a combined 8 GW Continue Reading

Posted On : 28 Dec 2019 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

Volkswagen raises EV forecast for 2025 to 1.5M vehicles from ID. family; 1M by 2023

Under the Volkswagen’s latest plans, the company expects to reach its original strategic target of one million electric cars by the end of 2023—two years earlier than previously predicted. The Continue Reading

Posted On : 28 Dec 2019 Published By : Tom Whipple
Category:
  • Prices

Oil hits three-month highs on upbeat U.S. and Chinese economic data

Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an end to the trade war between Washington and Beijing has Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Prices

Oil up 1% at highest since September on trade pact and crude supplies

 Oil prices were up about 1% to the highest in more than three months on Thursday, boosted by hopes that the China-U.S. trade fight would soon come to an end Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Economy

Stocks rally to record highs; gold gains

 Gold prices rose and a gauge of global equity markets hit an all-time high on Thursday in light holiday trade as a year-end rally on Wall Street advanced further on Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Oil Supply

Is This The Beginning Of The End For Fossil Fuels?

The eventual death of oil and thermal coal won’t come from environmentalists, or even directly from renewable energy–it will come when big banks decide to stop financing it, rendering it Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Oil Supply

2019 Was A Pivotal Year For Energy

In the years ahead, 2019 could go down in the history books as a pivotal year in the energy transition. This year may be a “tipping point when global capital Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • OPEC

OPEC+ might consider ending oil output cuts in 2020: Novak

OPEC and non-OPEC allies, including Russia, might consider ending their oil output curtailment deal next year in order to preserve market share and implement projects, according to Russian energy minister Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Libya
  • Turkey

Turkey to send troops to Libya at Tripoli’s request: Erdogan

Turkey will send troops to Libya at the request of Tripoli as soon as next month, President Tayyip Erdogan said on Thursday, putting the North African country’s conflict at the Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple
Category:
  • Iraq

Iraqi president threatens to quit in defiance of Iran’s allies in parliament

Iraqi President Barham Salih refused on Thursday to designate the nominee of an Iran-backed parliamentary bloc for prime minister, saying he would rather resign than appoint someone to the position Continue Reading

Posted On : 27 Dec 2019 Published By : Tom Whipple

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