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Month: June 2020

Category:
  • Climate
  • USA

Saharan dust is suppressing hurricane activity over the Atlantic. Don’t count on it staying that way.

A satellite shows the dust plume over the Caribbean and a second one emerging off the coast of Africa on Tuesday. (NOAA) Conditions associated with the Madden-Julian Oscillation are currently Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Has Lost $300 Billion In 15 Years

In the 15 years since the first U.S. shale boom, the industry as a whole has failed to return a profit. Deloitte estimates that the coming wave of write-downs could Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • LNG
  • USA

US natural gas volumes in storage likely increases by more than 100 Bcf: survey

LNG feedgas demand drops to year-to-date low Southeast production rises following Cristobal US natural gas inventories likely increased by approximately 50% more than the five-year average last week as gas-fired Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • LNG

Freeport LNG delays target for sanctioning fourth liquefaction train until at least 2021

Freeport LNG has delayed its target for making a final investment decision on whether to build fourth liquefaction at its Texas export facility until at least next year, amid market Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Economy
  • Europe

Euro Area’s Post-Lockdown Revival Still Leaves Long Road Ahead

The pick up in euro-area economic activity after the lifting of lockdowns in June is doing little to change the picture of a long, slow recovery and rising unemployment. The Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Russia

Russian Vote Could Extend Putin Era for Years

Russian citizens are set to begin voting on constitutional changes that could allow President Vladimir Putin to remain in office for years to come, potentially cementing his hold on power Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Economy

UK car industry calls for support package, warns on risks of no-deal Brexit

 The UK auto industry has called for a dedicated restart package to help protect jobs, citing a survey showing that up to one in six jobs in the sector are Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Hydrogen

EC plans euro-based hydrogen benchmark by 2021: draft EU strategy

The European Commission plans to develop a benchmark for euro-denominated hydrogen trades by 2021, according to an unofficial draft of its EU hydrogen strategy expected on July 8. Receive daily Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s coronavirus case tally passes 600,000

Russia on Wednesday reported 7,176 new cases of the novel coronavirus, pushing its nationwide case total to 606,881, the world’s third-highest tally. The country’s coronavirus crisis response centre said 154 Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple
Category:
  • Coal
  • Europe

Europe’s Coal Heartland Is the Hottest Market for Green Power

As Europe prepares a multi-billion-dollar blitz to cut greenhouse gas emissions, a race is on to cash in on the green transformation of its most-polluting member. Poland, which currently relies Continue Reading

Posted On : 24 Jun 2020 Published By : Tom Whipple

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