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Month: August 2020

Category:
  • Shipping

Princess Cruises, Cunard cancel sailings into 2021

Princess Cruises announced Tuesday that it’s canceling sailings in early 2021 “due to limitations with border and port access.” The company also cited the “uncertainty of airline travel” as a Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

As permanent economic damage piles up, the Covid Crisis is looking more like the Great Recession

Long-term unemployment helped define the Great Recession. Countless networks, relationships and skills that bound employee to employer were ripped apart in the global financial crisis. It took about eight years Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus re-infections raise concerns about immunity

Two European patients are confirmed to have been re-infected with COVID-19, raising concerns about people’s immunity to the coronavirus as the world struggles to tame the pandemic. The cases, in Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • Turkey

German FM warns of ‘abyss,’ calls for Greek-Turkish talks

German Foreign Minister Heiko Maas appealed to NATO allies Greece and Turkey on Tuesday to enter a dialogue and de-escalate military tensions in the eastern Mediterranean, warning of an “abyss” Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • Scotland

Scottish Oil Workers Happy To Join The Renewable Revolution

More than three-quarters of oil workers in Scotland have considered retraining to find jobs in the renewables industries as 80 percent of Scottish oil and gas workers believe that their Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • France
  • Turkey

France joins military exercises in east Mediterranean

France is joining military exercises with Italy, Greece and Cyprus in the Eastern Mediterranean amid a worsening dispute between Turkey and Greece over energy resources in the region, Armed Forces Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • United Kingdom
  • Wind

Benchmark UK offshore wind load factors seen rising to 57% in 2030: BEIS

Benchmark UK offshore wind load factors are seen rising to 57% in 2030 and 63% in 2040 by the Department of Business, Energy and Industrial Strategy.  The UK has a Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • France
  • Nuclear

French nuclear drops below 30 GW, low river warnings extended

French nuclear operator EDF extended a low river level warning at the Rhone in southern France to the coming weekend as output across the reactor fleet fell below 30 GW Continue Reading

Posted On : 26 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Gains With Dual Storms Upending Gulf of Mexico Production

Oil rallied and gasoline surged to a five-month high as energy companies suspended offshore operations and refiners shuttered Gulf Coast plants with Tropical Storm Laura expected to strengthen into a Continue Reading

Posted On : 25 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Crude prices mixed on supply risk from impending USGC tropical storms

Crude oil futures were mixed in midmorning trade in Asia on Aug. 25 as WTI gave up more of its previously priced-in gains on a weaker-than-expected Tropical Storm Marco over Continue Reading

Posted On : 25 Aug 2020 Published By : Tom Whipple

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