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Month: July 2020

Category:
  • Electric Cars

Europe’s shift to electric cars picks up despite recession

The coronavirus has canceled business plans all over the world but Europe’s push into electric cars isn’t one of them. Sales of battery-powered and hybrid cars have held up better Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Nord Stream

US steps up threats over Nord Stream 2 pipeline

Nord Stream 2, which will carry gas to Germany and central Europe, is being built by a company owned by Kremlin-controlled gas company Gazprom, but half the funding has been Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Shell

Shell’s Big Bet On Floating LNG May Be A Flop

It was the last of the large LNG projects that put Australia in the lead for global LNG exports. It was the biggest jewel in Shell’s LNG crown. But this Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Hydrogen

Is Commercial Hydrogen Possible Without Fossil Fuels?

In a previous article , I analyzed the carbon footprint of producing hydrogen from fossil fuels. That is how over 95% of the world’s hydrogen is currently produced. To recap, Continue Reading

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

Siberian heat wave not possible without human-caused global warming, study finds

In a stark new finding, a study shows that six straight months of anomalously mild conditions in large parts of northern Siberia so far this year, along with an Arctic temperature record of 100.4 Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Hydrogen

IHS Markit: production of carbon-free “green” hydrogen could be cost-competitive by 2030

By 2030 the production of hydrogen fuel by the electrolytic splitting of water—which can be carbon-free provided the electricity used in the process is produced by renewables—could become cost-competitive with Continue Reading

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

Crude higher in Asia trade on improving demand outlook, OPEC+ compliance data

Crude oil futures were higher in mid-morning trade in Asia July 15 as an improved global demand outlook and OPEC+ compliance data lifted sentiment ahead of a meeting at which Continue Reading

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

Oil gains after big U.S. drawdown; eyes on OPEC committee meeting

Oil prices rose on Wednesday following a sharp drop in U.S. crude inventories, with the market waiting for next steps from a meeting later in the day on the future Continue Reading

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

Crude edges higher amid improved global demand outlooks

Crude oil futures climbed higher amid improved global demand outlooks, but concerns that rising COVID-19 cases in the US could send more states into lockdown weighed on refined product prices Continue Reading

Posted On : 15 Jul 2020 Published By : Tom Whipple
Category:
  • Refining

Oil Price Crash Forces Refiners To Consolidate Or Die

Oil demand is recovering. This has been the most important message from analysts for the energy industry over the past couple of weeks. OPEC+ is cutting production, and so are Continue Reading

Posted On : 15 Jul 2020 Published By : Tom Whipple

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