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Month: May 2022

Category:
  • Renewables

Record year for renewable capacity additions ahead despite headwinds: IEA

Global addition of 320 GW forecast Solar booming, onshore wind limited Policy lag threatens 2023 stasis Global additions of renewable power capacity are expected to increase by over 8% in Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudis, UAE: The World Has A Serious Energy Spare Capacity Problem

Prince Abdulaziz bin Salman: “The world is running out of energy capacity at all levels,”. Saudis see underinvestment in refining capacity as on of the reasons for soaring fuel prices. Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Aviation Fuel – Airline Operators to Get 3 Months’ Supply At N480 – NNPC

Licence to import own Jet fuel The Nigeria National Petroleum Corporation (NNPC) Ltd, airline operators and marketers have resolved on a common ground in the interim to take measures that Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • Agriculture

Soaring food, fuel ramp up social unrest risk for emerging markets -report

 Rising fuel and food prices look set to stoke an “inevitable” rise in civil unrest, with developing middle-income countries such as Brazil or Egypt, particularly at risk, a report by Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • India

India Eases Green Rules for Coal Mines to Tackle Fuel Crisis

India has eased environment approvals for coal mine expansions to boost output amid fuel shortages that have triggered hours-long blackouts . Some existing sites will be able to raise production Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • India

Indian Railways missed Coal India train provision targets for over a year- data shows

 Indian Railways’ supply of trains to Coal India (COAL.NS) for transporting coal has fallen short of its monthly targets for more than a year, government data showed, highlighting the problems Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

WHO chief says China’s zero-COVID policy not ‘sustainable’

The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China

Exclusive: Tesla halts most output at Shanghai plant, April sales dive

Tesla Inc (TSLA.O) has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • Economy

Xi Jinping Scrambles as China’s Economy Stumbles

If Xi Jinping was hoping for an uneventful and stable 2022 before his planned “re-election” this fall, he must be disappointed. In January I wrote that “China’s economic future isn’t Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

Half of Shanghai achieves ‘zero COVID’; city presses on with ‘unsustainable’ fight

 Shanghai officials said on Wednesday that half the city had achieved “zero COVID” status, but uncompromising restrictions had to remain in place under a national policy that the head of Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple

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