European officials are preparing to introduce ambitious legislation designed to wean one of the world’s biggest and most polluting economies off fossil fuels far more quickly than other nations have Continue Reading
” The professionalization of the biomass industry is a problem that needs attention .”–Bas Eickhout, Dutch politician and member of the European Parliament. When it comes to the global shift Continue Reading
Oil rose on optimism that fuel demand will keep rising and tighten the market, despite a Covid-19 resurgence in many regions. Futures in New York added 0.6% after sliding 0.6% Continue Reading
U.S. crude and gasoline stockpiles seen falling last week U.S. shale oil output seen to rise 42,000 bpd in August -EIA OPEC+ yet to make progress in resolving impasse, sources Continue Reading
Oil dipped as traders grappled with the demand implications of a Covid-19 resurgence in several regions. Bloomberg) — Oil dipped as traders grappled with the demand implications of a Covid-19 Continue Reading
Oil prices have continued to rally this year as economies recover from impaired pandemic levels, however, calendar spreads have been unable to realize their bullish intent. In fact, calendar spread Continue Reading
When last year BP (-0.50%) vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came as a shock to Continue Reading
Since oil prices exceeded $70 per barrel earlier this year, analysts, economists, and central banks have been fretting about whether higher crude prices could disrupt the momentum in global economic Continue Reading
Highlights Global energy demand fell by about 4.5% in 2020 US coal consumption dropped about 20% Energy transition needs more than renewables Despite coronavirus pandemic-related impacts, which hit the global Continue Reading
The odds of an OPEC+ meeting this week look increasingly unlikely as the group has failed to make progress in resolving the differences between key OPEC members Saudi Arabia and Continue Reading
