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Month: January 2021

Category:
  • Nord Stream

European Parliament reiterates call for Nord Stream 2 gas link to be halted

The European Parliament has again called for the Nord Stream 2 gas pipeline project to be halted, this time in light of the arrest in Moscow of Russian opposition politician Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Denmark
  • Hydrogen

Ørsted takes final investment decision on green hydrogen project H2RES

Ørsted has taken final investment decision on the Danish demonstration project H2RES, which will use offshore wind energy to produce renewable hydrogen. ( Earlier post .) The project is expected Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

E.U. leaders consider travel bans, faster vaccine rollout to contain coronavirus variants

European leaders, struggling with a slow vaccination effort and fearful that highly contagious coronavirus variants could rapidly overwhelm their medical systems, moved Thursday to begin reimposing border restrictions and to speed Continue Reading

Posted On : 22 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures down on bearish API data, US political developments supportive

 Crude oil futures ticked lower during the mid-morning trade in Asia Jan. 21, as data released by the American Petroleum Institute showed an unexpected build in US crude inventories, although Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Dips Toward $53 With Demand Pessimism Offset by Weak Dollar

Oil dipped below $53 a barrel in New York as the demand outlook in some of the world’s largest economies remained fragile. Futures slipped 0.6% after JPMorgan Chase & Co. cut Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Rise Despite Consumption Concerns

 Oil pared a rally late in the trading session as concerns over lackluster consumption clouded optimism around the likelihood of additional U.S. stimulus. Futures closed less than 1% higher in Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil rises on U.S. stimulus hopes, tighter market under Biden

Oil edged higher on Wednesday on expectations that U.S. President Joe Biden’s administration will deliver hefty pandemic-related economic stimulus that will lift fuel demand and enact policies that will tighten Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

What’s Next For Very Volatile Natural Gas Markets

Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Climate

Big Oil Takes Moves Slowly to Cut Transition Risk: Green Insight

Of the biggest U.S. oil and gas companies, EOG Resources Inc. is the least prepared for a low-carbon economy, according to BloombergNEF. That’s based on an analysis of the company’s business-model transition Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Solar

Big Oil Is Buying Into The Solar Boom

After a difficult year in the oil world, Total is planning to invest in heavily India’s solar sector going into the next decade. The French company plans to invest $2.5 Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple

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