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Month: January 2020

Category:
  • Europe

European Parliament energy committee rejects objection to PCI list

The European Parliament’s energy committee on Wednesday voted to reject an objection to the EU’s recently published Projects of Common Interest (PCI) list. Receive daily email alerts, subscriber notes & Continue Reading

Posted On : 22 Jan 2020 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures dip as surplus outweighs unrest in Middle East

Crude oil futures were steady to lower in mid-morning trade in Asia Tuesday as ample supply countered concerns over unrest in key Middle Eastern producer nations Libya and Iraq. At Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Coal
  • LNG

Weakening LNG prices may sap seaborne coal demand in near-term: sources

 Asian seaborne thermal coal traders voiced concerns over near-term demand as more utilities consider the feasibility of a coal-to-gas switching amid languishing LNG prices, sources told S&P Global Platts on Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Libya
  • Prices

Oil rises as Libya declares force majeure in oilfields

Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Prices

Hedge Funds Dump Oil After Middle East Tensions Ease

After the spike in oil prices in the first days of 2020 on the back of increased tension between the U.S. and Iran, money managers liquidated some of the long Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Climate

Climate Change Takes Center Stage in Davos

Even before catastrophic fires broke out in Australia in late fall, climate change was at the top of the list of priorities at the 50th anniversary of the World Economic Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • IMF

IMF trims global growth forecast as Davos delegates gather

The IMF has trimmed its forecasts for global economic growth this year, casting a shadow over the opening of the World Economic Forum in the Swiss resort of Davos. Organizers of Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Shipping

The Shipping Industry’s $1 Trillion Problem

The shipping industry must spend at least $1 trillion on new fuel technology if it is to meet UN emissions targets by 2050. According to a new study by experts Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • IEA
  • OPEC

OPEC, IEA or EIA Completely Wrong in 2020 Oil Market Analysis

Somebody big has got their analysis of the 2020 oil market flat wrong. That’s the bottom line from a comparison of supply-and-demand forecasts provided by OPEC, the International Energy Agency Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple
Category:
  • Oil Supply

‘A sector in disarray’: Oil majors live beyond their means on investor payouts, study finds

The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report. The Continue Reading

Posted On : 21 Jan 2020 Published By : Tom Whipple

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