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Month: January 2021

Category:
  • Shale Oil

Biden’s planned moratorium on oil and gas leasing picks winners and losers, critics argue

The moratorium on new oil and gas leases on federal lands and waters that President Biden is expected to announce Jan. 27 would hurt US production and pick winners and Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Coal

Tampa Electric’s 2020 coal burn falls 24.3% on year: filing

Tampa Electric saw its coal burn fall to 431,512 st in 2020, down 14.4% from the 503,880 st expected for the period and 24.3% lower than the 570,012 st burned Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Gas Pipeline Operators Make Emissions Pledge

The promise from INGAA and its member companies is the latest industry pivot as Democrats take over the White House and Congress. (Bloomberg) — Major natural gas pipeline operators are Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia
  • USA

White House says Biden believes Nord Stream 2 pipeline is ‘bad deal’ for Europe

President Joe Biden believes the Nord Stream 2 natural gas pipeline is a “bad deal for Europe” and his administration will be reviewing restrictions on the project included in a Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • France

New coronavirus cases rise in France, third national lockdown feared

The daily number of new coronavirus infections in France stayed above 20,000 on average for the fourth straight day on Tuesday while hospitalizations reached an eight-week high of 27,041, increasing Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • Europe

EU approves more state aid to boost car batteries industry

The European Union has approved 2.9 billion euros in subsidies from 12 member countries for a second pan-European project to develop the electric battery industry and move away from its Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

E.U. threatens drug companies with legal action if it doesn’t get its vaccines

The European Union on Tuesday stepped up pressure on pharmaceutical companies it says have hobbled coronavirus vaccine rollouts, proposing tighter export controls and threatening potential legal action after two manufacturers announced Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Death of diesel looms as carmakers accelerate to electric future

The world’s biggest diesel engine factory in Tremery, eastern France, is undergoing a radical overhaul – it’s switching to make electric motors.  From less than 10% of output in 2020, Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Europe

Europe Vaccination Lag, Global Services Slump, IMF Take: Eco Day – Bloomberg

Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: Widespread lockdowns and slower vaccine rollout in Europe have put the Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures fall as severe pandemic situation negates supply concerns

Crude oil futures were lower during mid-morning Asian trade Jan. 26, as pandemic-related concerns in the region negated any market upside anticipated from the curtailment of supply.  At 11:18 am Continue Reading

Posted On : 26 Jan 2021 Published By : Tom Whipple

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