Gazprom advancing Power of Siberia 2 gas pipeline
Gazprom chairman Alexey Miller told Russian president Vladimir Putin in a working meeting that design and survey work on the 50 billion cu m/year Power of Siberia 2 natural gas Continue Reading
UK Energy Firms Could Switch Off EV Chargers As Demand Peaks
New rules proposed in the UK could see electricity distributors switching off electric vehicle (EV) chargers at home connected to the smart meter system to prevent grid overloads in case Continue Reading
Crude prices higher following OPEC+ meeting
Crude oil future prices ticked higher during the mid-morning trade in Asia Sept. 18, as the markets continued to price in a commitment from the OPEC to ensure that the Continue Reading
Oil Prices for Sep. 18, 2020: Brent Crude, WTI
Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group’s production cuts amid signs Continue Reading
Oil Prices Get Boost from Saudi Call for Compliance
Oil posted its largest three-day advance since May after Saudi Arabia forcefully renewed calls for OPEC+ members to adhere to their production quotas. Futures in New York climbed 2% on Continue Reading
Oil Jumps With Saudi Arabia Lambasting OPEC+ Laggards
Oil posted its largest three-day advance since May after Saudi Arabia forcefully renewed calls for OPEC+ members to adhere to their production quotas. Futures in New York climbed 2% on Continue Reading
Natural Gas Craters After Weak Demand, Glut Blindside Bulls
For all the heat waves and hurricanes that have wreaked havoc in America this year, nothing has stopped the nation’s natural gas supplies from swelling, with a massive stockpile gain Continue Reading
Oversupply Adds To Grim Oil Demand Outlook
OPEC and the International Energy Agency delivered bad news for the oil market this week. Both authorities revised their oil demand forecasts for this year, and both revised them downwards. Continue Reading
The $60 Trillion Price Tag For A World With Net-Zero Emissions
The world can achieve net-zero greenhouse gas emissions by the middle of this century for an annual investment of US$1 trillion-US$2 trillion, or up to US$60 trillion over the next Continue Reading
Growing number of airlines offer ‘flights to nowhere’ as international travel remains stalled – The Washington Post
With international travel in much of the world still disrupted by the coronavirus pandemic, some airlines are resorting to “flights to nowhere” that target passengers who long for air travel — Continue Reading