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Month: May 2021

Category:
  • Natural Gas Supply
  • Russia

Russia’s Gazprom begins construction of major Ust-Luga gas complex

Highlights Site to include 13 million mt/year Baltic LNG facility Some 18 Bcm/year to enter the Russian gas network Site also to produce 3 million mt/year of polymers Russia’s Gazprom Continue Reading

Posted On : 22 May 2021 Published By : Tom Whipple
Category:
  • India

Two vaccine doses needed for strong protection against variant found in India, data show

New UK government research suggests two doses of a Covid-19 vaccine are needed to provide strong protection against symptomatic infection from the coronavirus variant first identified in India, according to Continue Reading

Posted On : 22 May 2021 Published By : Tom Whipple
Category:
  • Renewables
  • Sweden

Neste testing renewable gasoline in Sweden for possible commercialization internationally

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), is beginning the final phase of testing of a renewable gasoline for drop-in commercial use in the Continue Reading

Posted On : 22 May 2021 Published By : Tom Whipple
Category:
  • Nord Stream

Biden Shift Brings Nord Stream 2 Closer

A natural gas pipeline linking Russia and Germany edged closer to completion after the Biden administration loosened sanctions of the controversial project. (Bloomberg) — A natural gas pipeline linking Russia Continue Reading

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

Crude oil futures steady after overnight selloff, awaiting fresh pricing cues

Crude oil futures were steady in mid-morning trade in Asia May 21 after an overnight selloff driven by increased anxiousness over the restoration of the Joint Comprehensive Plan of Action Continue Reading

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

Brent Oil Set for Biggest Weekly Loss Since March on Iran Boost

Brent oil was heading for the biggest weekly decline since March, with the market bracing for the prospect of more Iranian crude flows as the nation inches closer to a Continue Reading

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

Oil edges up but set for weekly fall on Iran nuclear talks

Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made Continue Reading

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

Oil prices settle lower as US, Iran reach agreement on nuclear deal

 Oil futures fell May 20 on news that the US and Iran had reached a “main agreement” to reinstate the nuclear deal.  NYMEX June crude settled at $62.05/b, down $1.31, Continue Reading

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

Oil Prices Continue Losing Streak

Oil slumped to the lowest in nearly a month as traders focused on the likelihood of a renewed nuclear deal with Iran and the potential removal of sanctions on the Continue Reading

Posted On : 21 May 2021 Published By : Tom Whipple
Category:
  • IEA

Is The IEA Report A Tipping Point For Oil Investing?

The eventual death of oil and thermal coal won’t come from environmentalists or even directly from renewable energy–it will come when big banks decide to stop financing it, rendering it Continue Reading

Posted On : 21 May 2021 Published By : Tom Whipple

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