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Month: August 2021

Category:
  • Climate
  • OPEC
  • USA

Biden’s OPEC Plea Pits Fuel Price Fears Against Climate Push

President Joe Biden has pledged to wean the U.S. off of fossil fuels, and never has that call been more urgent than now, with United Nations-backed scientists warning of a point of Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Frackers, Shippers Eye Natural-Gas Leaks as Climate Change Concerns Mount – WSJ

Drones darted in patterns above natural-gas wells in the hills of southwest Pennsylvania, as men atop water tanks pointed specialized cameras, and a helicopter outfitted with a laser-light detection system Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Oil Supply

The Dawn Of A New Era In Deepwater Drilling

A new era in deepwater drilling is about to begin. With the sanctioning of the Anchor project super-major operator, Chevron, NYSE: CVX) signaled that it was ready to risk billions Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Hydrogen

Blue hydrogen 20% worse for GHG emissions than natural gas in heating: study

Highlights Higher methane emissions from blue H2 production CO2 emissions only 12% less than for grey H2 Casts doubt on climate viability of blue H2 Burning low-carbon hydrogen for heating Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Electricity

US Northeast power, gas prices rise on scorching temperatures

Highlights Temperatures expected to rise to triple digits NYISO Aug. 12 demand forecast the highest in nearly three years US Northeast power, gas prices trended higher Aug. 11 as the Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Wind

Lighter winds slow progress at offshore firms Orsted, RWE

Orsted (ORSTED.CO) and RWE (RWEG.DE) , the world’s two largest offshore wind players, both suffered from lighter winds in the first half of the year, highlighting how profits in the Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Climate
  • Europe

Mediterranean Heatwave Linked to Climate Change

A dangerous heatwave is sweeping across the Mediterranean, the latest in a series of recent extreme weather events that underscore the real-world impacts of climate change. The Italian island of Sicily may have smashed continental Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Hydrogen

New study questions climate sense of blue hydrogen in UK strategy

Highlights Policy support for blue H2 a ‘mistake’: report author Blue hydrogen 20% worse for GHG emissions than gas UK hydrogen strategy to back both green and blue A scientific Continue Reading

Posted On : 12 Aug 2021 Published By : Tom Whipple
Category:
  • Prices

Oil holds above $70 as US demand eases Delta fears

Oil held above $70 a barrel on Wednesday as signs of rising fuel demand in the United States were balanced by concerns about travel curbs in Asia caused by the Continue Reading

Posted On : 11 Aug 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Steadies With Report Pointing to Shrinking U.S. Inventories

Oil dropped suddenly after a report that the U.S. will urge OPEC to revive production more quickly. Futures tumbled 1.2% in New York as CNBC reported that the White House intends to Continue Reading

Posted On : 11 Aug 2021 Published By : Tom Whipple

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