Canada Is Cleaning Up Its Oil Sands
Until very recently, nearly any news out of the Canadian oil sands was certain to be a tale of woe. While Alberta’s oil and gas industry didn’t suffer from lack Continue Reading
U.S. Oil Product Demand Is Set For A Biden Boost In 2021
After a devastating 2020, Rystad Energy projected demand for oil products in the US to grow by 1.08 million bpd in 2021 to 19.1 million bpd. This projection left politics Continue Reading
Weekly US coal carloads total 57,665, down 17.9% on year: AAR
Weekly US coal carloads totaled 57,665 in the week ended Jan. 16, down 5.1% from the previous week, Association of American Railroads data showed Jan. 20. From the year-ago week, Continue Reading
Cruise and GM partner with Microsoft to commercialize autonomous vehicles; $2B in new funding, Cruise sending test vehicles to Japan
Cruise and General Motors have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. Microsoft is joining GM, Honda and institutional investors in a combined Continue Reading
Biden Administration Considers Reversing Trump’s ESG Rule Change – Bloomberg
The Biden administration is taking steps to possibly reverse the decision by Donald Trump’s U.S. Department of Labor to make it more difficult for fiduciaries of retirement plans to direct Continue Reading
Can Shale Resist The Lure Of Another Output Surge?
U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled under the weight of the pandemic Continue Reading
Advocates want Biden to use trade deals to combat climate change
Climate change has not been a major feature in U.S. trade agreements. That may change under President-elect Joe Biden. Biden on the campaign trail called for conditioning future trade agreements on Continue Reading
Western Companies Abandon Russia-Led Nord Stream 2 Project
The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are Continue Reading
Europe overtakes China in EV sales growth in 2020
Europe superseded China as the global driver of electric car sales in 2020 for the first time in five years, as total EV sales jumped 43% despite the COVID-19 crisis Continue Reading
Pressure mounts on Nord Stream 2 gas link as sanctions bite
The developer of the Nord Stream 2 gas pipeline from Russia to Germany has said it remained committed to completing the controversial link, despite growing reports of auxiliary service companies Continue Reading