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Month: November 2021

Category:
  • South Africa

New Variant Puts South Africa at Risk of Global Shut Out

South Africa’s recovery from its deepest economic contraction in almost three decades risks being derailed by the identification of a new coronavirus variant that prompted several European nations to ban Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • South Africa

South Africa’s Virus-Spurred Pariah Status Takes a Toll on Rand

The identification of a fresh Covid-19 strain in South Africa could not have come at a worse time for the rand. Already reeling from concerns about Federal Reserve policy and Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • Nigeria

Halliburton Unit Hired to Plug Delta Spill

Halliburton’s Boots & Coots unit has been called in by independent producer Aiteo Eastern E&P Co. to contain a leak. Halliburton Co., one of world’s largest oil services companies, said Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • India
  • Saudi Arabia

Reliance, Aramco call off $15 bln deal amid valuation differences, sources say

Reliance Industries (RELI.NS) and Saudi Aramco (2222.SE) have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the Indian conglomerate due Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • China

China Adviser Says Energy Crisis Won’t Stall Climate Action

China’s energy crisis won’t derail plans to make progress on curbing greenhouse gas emissions in the next few years, according to a top researcher involved in drafting proposals. The 2025 Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • China

China’s new data protection law adds to challenges for foreign companies

A new data protection law is changing the calculus for doing business in China, with foreign and domestic firms scrambling to comply, and some companies including LinkedIn and Yahoo choosing to Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • East Asia

Asia Is Facing A Long-Tern Natural Gas Crunch

Asia has seen a run in natural gas supplies, and prices are simply not easing up. Asia’s problem with natural gas supplies may not be limited to this winter alone. Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Shell to construct and operate battery swapping stations with Nio in China and Europe

China-based EV maker NIO has entered into a strategic partnership with Shell to further its involvement in electric vehicle and energy industries globally. As part of this new strategic cooperation Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • Japan

Tepco finds melting of ice wall at Japan’s Fukushima Daiichi plant

An employee of Tokyo Electric Power Co. (TEPCO) looks up at a tank reserved for storing treated water at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple
Category:
  • California

California Power Outages Rise as High Winds Raise Fire Risk

The largest utility in Southern California cut power for more customers in the mountains near Los Angeles as strong winds raised the risk of wildfire, marking the second year in Continue Reading

Posted On : 26 Nov 2021 Published By : Tom Whipple

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