Germany loses Gazprom pipeline appeal
Germany on Thursday lost its fight in Europe’s top court against a ruling limiting Gazprom’s (GAZP.MM) access to the OPAL pipeline that links the Russian gas producer’s Nord Stream pipeline Continue Reading
EU States Now Have to Split the Bill for Their Climate Moonshot
The European Union’s ambitious plan to slash carbon usage over the next decade kicks off years of wrangling as members figure out if and how they can afford a program Continue Reading
How the EU plans to reshape its economy to limit climate change
Brussels has laid out the path to the EU becoming the world’s first economic bloc to hit net zero greenhouse gas emissions by 2050 in an attempt to limit global Continue Reading
Universal Hydrogen signs LOIs with 3 carriers for hydrogen-powered aircraft
Universal Hydrogen ( earlier post ) has signed LOIs with Icelandair Group (Iceland), Air Nostrum (Spain), and Ravn Air (Alaska) for aftermarket conversion of aircraft to hydrogen propulsion and for Continue Reading
Crude oil futures steady to lower amid mixed demand-supply cues
Crude oil futures were steady to lower during mid-morning trade in Asia July 14 as expectations of tightening near-term supply were countered by COVID-19 resurgences softening regional demand cues. At Continue Reading
Oil prices fall as China crude import data weighs
Oil prices declined on Wednesday after data showed a drop in China’s half-year crude imports while expectations for a further tightening of U.S. inventories offered support. Brent crude was down Continue Reading
WTI Settles Above $75
Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the Continue Reading
Oil climbs on expected further draw in U.S. crude inventories
Oil prices climbed on Tuesday, reversing most of the previous day’s losses, as tight supply and expectations of a further draw in U.S. crude inventories provided support, although fears over Continue Reading
Record Natural Gas Prices Give Power Markets a Jolt
A scramble for natural gas is creating pockets of scarcity in the global market, boosting prices for the fuel and for the electricity generated by burning it. Rampant demand in Continue Reading
The IEA Warns Of Another Oil Price War
The oil market has been on edge for a week now, entertaining the possibility of a new price war within the OPEC+ alliance, the International Energy Agency (IEA) said on Continue Reading