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Month: July 2021

Category:
  • Nord Stream
  • Russia

Merkel defends U.S. Nord Stream 2 deal as Ukraine cries foul

Pipeline will pump Russian gas to Germany, nearing completion Germany, US have agreed deal to help protect Ukraine interests Merkel says Germany has tools to act if unhappy with Russia Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • Russia

Russia Is Ready to Ban Gasoline Exports If Record Prices Persist

Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange. On Thursday the price for a tonne of Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • United Kingdom

UK’s Carbon Capture Plan Carries A Hefty Price Tag

The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade body. The report Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • United Kingdom

U.K. Economy Shows Signs of Slowing as Covid Hits Supply Chains

Britain’s economy showed signs of slowing in July as euphoria following the easing of coronavirus restrictions eased and a resurgence of the coronavirus caused widespread staff shortages. An index based Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • Electricity

Clean Energy Producers Are Eyeing Old Coal Plants—for the Wiring

As demand for clean energy surges, would-be developers are struggling to find enough transmission lines to carry power to the people. One increasingly popular solution: retired coal plants. Much as Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • Electric Planes

Rolls-Royce generator delivered for megawatt-level hybrid-electric propulsion system for aerospace

The generator that will be at the heart of the most powerful hybrid-electric aero power and propulsion system in aerospace has arrived for installation at Rolls-Royces’s specialist testbed. PGSy1 The Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Mercedes to go all-electric by end of decade where conditions allow; investing €40B+ in BEVs 2022-2030

Mercedes-Benz is getting ready to go all-electric by the end of the decade, where market conditions allow, shifting from electric-first to electric-only. By 2022, Mercedes-Benz will have battery electric vehicles Continue Reading

Posted On : 23 Jul 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on signs of tightening supplies

Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the year as economies recover from the coronavirus crisis. Continue Reading

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

The Real Reason Oil Prices Aren’t At $80

The UAE’s awarding last week of a slew of huge drilling contracts aimed at increasing its crude oil output capacity from around 4 million barrels per day (bpd) to 5 Continue Reading

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

Oil Erases Decline With Equity Markets Climbing Higher

Oil wiped out an earlier decline as sentiment firmed in wider markets, with crude gradually recovering from a rout earlier in the week. West Texas Intermediate futures added 0.3%, reversing Continue Reading

Posted On : 22 Jul 2021 Published By : Tom Whipple

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