Russia Response Could See Oil Burst Through $100
There’s every chance we could see Brent oil prices above $100 soon. There’s every chance we could see Brent oil prices above $100 soon, depending on Russia’s response to economic Continue Reading
Shipping Fuel Costs: The Unseen Enemy In The Fight Against Inflation
Record-high bunker prices are pushing transport costs higher, and in turn, impacting the costs of goods and services across the globe. The overall rebound in demand for fuels as economies Continue Reading
Banks Have Spent $1.5 Trillion On Coal Since 2019
Global leaders have made a number of ambitious climate pledges, but it hasn’t quite ushered in the death of coal just yet. Since 2019, commercial banks have dumped as much Continue Reading
Energy sector methane emissions 70% higher than official figures -IEA
Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than officially reported, the International Energy Agency (IEA) said on Wednesday, with the coal Continue Reading
Antarctic Sea Ice Shrinks to Smallest Surface Area on Record
The Antarctic ice sheet has shrunk to the smallest surface area on record in another sign that the accelerating pace of climate change is hitting some of the coldest regions Continue Reading
Climate Scientists Warn of a ‘Global Wildfire Crisis’
A landmark United Nations report has concluded that the risk of devastating wildfires around the world will surge in coming decades as climate change further intensifies what the report described Continue Reading
Saudi Arabia Slams Shortsighted Campaign Against Oil
Saudi Arabia has a stark warning about the dangers of underinvesting in oil. The world’s top oil exporter is cautioning that the underinvestment in oil and gas could spark a Continue Reading
Nigeria sues JP Morgan for $1.7 billion over oil deal
A London court will on Wednesday begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a Continue Reading
China’s Solar Power Growth to Soar in 2022 on Project Pipeline
China is forecast to add record solar power in 2022 despite continued high material costs as the country pushes forward with a massive renewable build-out to reach its ambitious climate Continue Reading
China’s trucked LNG price hits record high, Central Asian gas supply shrinks
Prices hit $25/MMBtu in some regions Central Asian gas supply to China cut over 10%: sources Post-Lunar New Year demand yet to fully recover China’s trucked LNG prices hit a Continue Reading