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Month: March 2022

Category:
  • Coal
  • Europe

Coal to help solve EU energy crisis as trade patterns shift: shippers

Coal has seen lessening EU energy crisis CO2 emissions expected to rise this year Shippers aided by growing coal trade Coal will help solve the European Union’s current energy price Continue Reading

Posted On : 24 Mar 2022 Published By : Tom Whipple
Category:
  • Climate
  • Netherlands

Banking Giant ING No Longer Funding New Oil And Gas Fields

Dutch multinational banking giant ING has decided to restrict financing for new oil and gas fields and increase financing for renewables. Dutch multinational banking giant ING has decided to restrict Continue Reading

Posted On : 24 Mar 2022 Published By : Tom Whipple
Category:
  • Prices

Oil rises in volatile trade on supply concerns from Russia sanctions

 Oil prices rose on Wednesday amid volatile trading on increasing concerns of global supply tightness from sanctions imposed on Russia, the world’s second-largest oil exporter, and on signs that exports Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures resume climb after overnight fall; US crude stocks drop

Crude oil futures rose in mid-morning Asian trade March 23, resuming their upward climb after easing slightly overnight, while US crude stocks fell last week, signaling a further tightening of Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • Oil Supply

Oil Market Players Struggling for Answers

Oil market players are struggling to find out key information. Oil market players are struggling to find out how much Russian oil exports and supply will be impacted, who will Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • Economy

Ukraine War and Pandemic Force Nations to Retreat From Globalization

When the Cold War ended, governments and companies believed that stronger global economic ties would lead to greater stability. But the Ukraine war and the pandemic are pushing the world Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • United Arab Emirates

UAE Fast-Tracks Goal To Reach 5 Million Bpd Production Capacity

The UAE is looking to expand its production capacity from 4 million bpd today to 5 million bpd ahead before 2030. The investments in production expansion are also aimed at Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • Venezuela

Chevron, Waiting It Out in Venezuela, Tells U.S. Now Is the Time to Pump Oil

—For months, Biden administration officials snubbed top executives and lobbyists for Chevron Corp. who had pressed officials in Washington to ease sanctions so the company could boost production in Venezuela, Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s seaborne thermal coal demand seen set to rebound on summer stockpiling, rail maintenance

Imports may rise ahead of railway maintenance in April Domestic coal output, logistics hindered by COVID-19 lockdowns Spot offers for 5,500 kcal/kg NAR exceed guidance at Yuan 1,600/mt China’s seaborne Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple
Category:
  • Japan

High gasoline prices may dent Japan’s demand recovery after pandemic restrictions end

Japan not under COVID-19-led movement curbs first time since early Jan Gasoline spot prices rise 37% year on year Japan’s domestic gasoline demand is expected to rise after the government Continue Reading

Posted On : 23 Mar 2022 Published By : Tom Whipple

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