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Month: January 2020

Category:
  • Russia

Russian Premier Abruptly Quits Amid Swirl of Speculation on Putin

Russia’s political order, largely unchanged since the early 1990s, was thrown into feverish uncertainty on Wednesday after President Vladimir V. Putin proposed sweeping constitutional changes that could extend his hold on Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Pipelines
  • Russia

The Superpower Energy Project To Watch In 2020

The year has started well for Russia when it comes to energy. Two large energy projects have been finished, Turk Stream and Power of Siberia, and the third, Nord Stream Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Coal
  • Europe

EU to allow state aid for coal plant exit, low-CO2 industry shift

The European Commission is willing to approve national government aid to coal plant operators for closing early, and to manufacturers to decarbonize their production, to support the EU’s 2050 carbon Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Russia

Novak to continue as acting Russian energy minister despite full government resignation

Russian energy minister Alexander Novak, a key figure in the country’s alliance with OPEC, is to resign along with the rest of the Russian government, after an announcement issued by Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s ruling party approves Putin’s pick for new PM

Russia’s ruling party on Thursday unanimously backed President Vladimir Putin’s surprise choice for prime minister, Mikhail Mishustin, a man with almost no political profile. Mikhail Mishustin, who was earlier nominated Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Germany to help regions, employees, companies affected by coal exit: Government spokesman

 The German government said on Thursday that energy-intensive companies who compete internationally can get an annual subsidy from 2023 to compensate for higher electricity costs caused by a planned coal Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Europe
  • Iran
  • USA

Days before Europeans warned Iran of nuclear deal violations, Trump secretly threatened to impose 25% tariff on European autos if they didn’t

The Trump administration’s threat to impose auto tariffs on Europeans if they failed to call out Iran on nuclear deal underscores the tumult in the transatlantic relationship. (Saul Loeb/AFP/Getty Images) Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Germany

Germany agrees plan to phase out coal power by 2038

David Shukman takes a look at the massive scale of Germany’s coal-mining operation The German government and regional leaders have agreed on a plan to phase out coal-fired power stations Continue Reading

Posted On : 16 Jan 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Head Lower Following Inventory Builds

The American Petroleum Institute (API) has estimated surprise crude oil inventory build of 1.1 million barrels for the week ending January 10, compared to analyst expectations of a 474,000-barrel draw Continue Reading

Posted On : 15 Jan 2020 Published By : Tom Whipple
Category:
  • Prices

Oversupply Fears Are Front And Center In Oil Markets

The threat of a potential crisis in the Middle East has apparently disappeared for oil traders, with revitalized fears of oversupply now taking center stage.  The EIA expects 42 gigawatts Continue Reading

Posted On : 15 Jan 2020 Published By : Tom Whipple

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