Bank Of America Sees $60 Oil Next Summer
Brent crude could hit $60 a barrel by next summer as travel restrictions get eased, Bank of America said, citing growing optimism around Covid-19 vaccines. The easing of restrictions will Continue Reading
Big Oil And Big Tech Are Spending Billions On Renewable Energy
Given the option, most Americans would not only prefer to choose their own utility companies but also have more of the energy that powers their homes coming from clean energy Continue Reading
A Worrying Bottleneck For Offshore Wind Energy
Offshore wind is booming, and as turbine and project sizes grow, demand for specialized installation vessels will soar. The market for vessels capable of installing large offshore wind components is Continue Reading
Tourism Industry Set To Recover Sooner Than Expected
On November 9 US pharmaceutical giant Pfizer and German biotechnology company BioNTech announced that a jointly developed vaccine candidate was effective at preventing more than 90% of test subjects from Continue Reading
Industry group IATA launches Aviation Carbon Exchange
The International Air Transport Association has launched the Aviation Carbon Exchange — the first centralized, real-time market for trading aviation carbon offsets, it said Nov. 25. Not registered? Receive daily Continue Reading
Biden presidency to create ‘big momentum’ on tackling climate change: IEA’s Birol
The election of Joe Biden to the US presidency and his commitment to rejoining the Paris Agreement will create a “tremendous momentum” to fight climate change and will likely lead Continue Reading
EU Testing Waters for Leaders’ Deal on Stricter Climate Goal
Europe is moving to a decisive stage in discussions to toughen the bloc’s 2030 climate target and put into law the ambition to become the world’s first climate neutral continent Continue Reading
Israel Prepares For A Potential U.S. Military Strike On Iran
With just weeks to go until President-Elect Joe Biden is inaugurated on January 20, Axios reports that Israel is preparing for the possibility that Trump will launch a preemptive attack Continue Reading
Oil Tanker Hit By Mine Explosion Near Saudi Arabia
An oil tanker was damaged in the Red Sea near Saudi Arabia after a mine exploded on Wednesday, the Associated Press reported , citing the tanker’s operator and a maritime Continue Reading
Saudi Arabia Urges The UN To Intervene As Houthi Attacks Persist
The United Nations Security Council should “stop the threat” of more Houthi attacks on Saudi energy infrastructure, the Saudi ambassador to the UN said in a letter to the governing Continue Reading