Europe’s Vaccine Rollout Has Descended Into Chaos
It should have been Europe’s finest hour. Battered by multiple waves of Covid-19, lockdowns and recession, the European Union had found a noble way to prove its raison d’être: by Continue Reading
Shell Sees Return To ‘Normal’ Oil Demand In 2022
Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday as the supermajor reported another set Continue Reading
Countdown to ‘catastrophe:’ Inside Europe’s fight for COVID shots
BRUSSELS (Reuters) – In a meeting last week in the Europa building in Brussels, home of the European Union’s political leadership, diplomats for the 27 member states were desperate. FILE Continue Reading
A New Coal Mine Undercuts U.K.’s Claim to Climate Leadership
As the U.K. prepares to host the next round of major global climate talks in November, Prime Minister Boris Johnson’s government has adopted the most ambitious emissions-reduction goal among large Continue Reading
European consortium forms to standardize fuel cell modules for heavy-duty applications: StaSHH
A European consortium consisting of 25 organizations in the hydrogen sector has formed to define, develop and test the first European standard for fuel-cell modules for heavy-duty applications. The consortium—“ Continue Reading
Crude oil futures rises on EIA data, renewed OPEC+ commitment to supply cuts
Crude oil futures rose during mid-morning trade in Asia Feb. 4, as the US Energy Information Administration reported a draw in crude inventories and as the OPEC+ meeting concluded with Continue Reading
Oil Extends Rally After OPEC+ Pledges to Keep Clearing Surplus – Bloomberg
Oil rose for a fourth day after OPEC and its allies pledged to rapidly clear the global surplus built up during the Covid-19 pandemic. Futures in New York climbed above $56 Continue Reading
OIL FUTURES: WTI hits 1-year high following US crude draw
Crude oil futures again settled near one-year highs Feb. 3 on the back of falling US inventories and improved demand outlooks. Not registered? NYMEX March WTI settled 93 cents higher Continue Reading
Oil Futures Surge on Assurance from OPEC+
Oil climbed to the highest in more than a year in New York as OPEC and its allies pledged to continue whittling down global inventories. Futures in New York surged Continue Reading
U.S. crude hits one-year highs after U.S. stock drawdown
Oil prices rose almost 2% on Wednesday, with U.S. crude reaching its highest settlement level in a year after stockpiles fell to their lowest levels since March. U.S. West Texas Continue Reading