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Month: January 2021

Category:
  • USA

Oil companies reconsider political spending after attack on Capitol

Major oil companies joined the chorus in corporate America distancing themselves from their past political donations in the wake of the violent clash at the Capitol on Wednesday. At least Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • Climate

U.S. cities consider treating fossil fuels like nuclear weapons

For decades, the potential for a nuclear catastrophe felt like a waking threat, just around the corner. Then, in 1968, many of the nations once responsible for pushing the world Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • United Kingdom
  • Wind

How the U.K. Power System Can Be Mismatched to Climate Goals – Bloomberg

A spell of cold temperatures last week revealed a mismatch between the U.K.’s goal to decarbonize and actions taken in order to keep the lights on. Low wind output was a Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • Shell

Shell To Cut UK Jobs As Part Of Global Workforce Reduction

Shell will be cutting 330 jobs from its North Sea operations, mostly office jobs based in Aberdeen, the supermajor said on Tuesday, as carried by the BBC . The Aberdeen Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • Hydrogen from Wind

Exclusive: Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance

 Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the mass production of renewable hydrogen. Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • Electric Cars
  • Germany

Volkswagen Passenger Cars lifts global deliveries of BEV vehicles by 197% and of electric vehicles overall by 158% in 2020

In 2020, Volkswagen Passenger Cars delivered more than 212,000 electric cars in total (+158 percent versus 2019), including nearly 134,000 battery electric vehicles (+197 percent versus 2019). This brought the Continue Reading

Posted On : 13 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures rangebound, profit-taking activities stem price rally

Crude oil futures were rangebound during the mid-morning trade in Asia Jan. 12 as analyst expected profit-taking activities to put some pressure on a recent price rally, with any significant Continue Reading

Posted On : 12 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Advances on Dollar Drop as IEA Sees Possible Shale Boost

Oil in New York climbed as the dollar declined, with the market assessing the potential for more supply after the International Energy Agency said a “big chunk” of U.S. shale is Continue Reading

Posted On : 12 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Crude rally stalls amid fresh lockdowns, stronger dollar

The crude price rally stumbled Jan. 11, with futures settling mostly lower amid fresh pandemic demand growth concerns following the imposition of new lockdowns in Asia. Not registered? Receive daily Continue Reading

Posted On : 12 Jan 2021 Published By : Tom Whipple
Category:
  • Prices

Goldman sees Brent hitting $65/b by mid-2021 on sharp demand rebound

Goldman Sachs sees Brent crude rising to $65/b by the middle of 2021, up to six months earlier than previously forecast, as a demand boost from the rollout of COVID-19 Continue Reading

Posted On : 12 Jan 2021 Published By : Tom Whipple

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