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Month: July 2022

Category:
  • EU
  • Natural Gas Supply

Europe races to cut Russian gas usage amid new Putin warning

 The European Union will set out emergency plans on Wednesday to curb gas usage after President Vladimir Putin warned the bloc that Russian supplies sent via the biggest pipeline to Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • China
  • Russia

Russia is China’s top oil supplier for 2nd month, Saudi volumes tumble – data

June Russian oil imports 1.77 mln bpd, +9.5% y/y Saudi No.1 supplier for H1 at 1.75 mln bpd; Russian 1.67 mln bpd H1 imports from Angola -14% y/y, Brazil -23% Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

Want to Stay Cool in UK for 24 Hours? It’ll Cost Households

Cool air for 24 hours can set back cash-strapped UK consumers more than £18 ($22) as energy costs soar. And with the country experiencing temperatures in excess of 40 degrees Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Electric Cars

Volvo Moves Closer to All-Electric Goal

Volvo aims to become a pure electric car maker by 2030. Volvo Car AB’s VOLCAR.B -3.64%▼ transformation into an electric-vehicle maker accelerated in the second quarter, reflecting a broader trend Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Ukraine war: Russia plans to annex Ukrainian land – US

Mariupol has been occupied by Russian forces for several weeks Russia plans to annex more Ukrainian territory using a similar “playbook” to its takeover of Crimea, the US says. Citing Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Holds Above $100 as Traders Weigh Tight Market, Dollar

. Oil held well above $100 a barrel after posting the biggest one-day advance since May, aided by a tightening market and a cooling in dollar gains. West Texas Intermediate Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on tight supply worries, soft dollar supports

 Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply. Brent crude futures for September Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

$100+ Oil Is Back For The Long Haul

Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Climate

Climate Politics Are Worse Than You Think

Texas is often hot, but not like this: Current forecasts have the temperature in Dallas hitting 109 degrees Tuesday, with highs in triple digits well into next week. Britain, on Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Carbon Capture

Airbus and major airlines partner to explore direct air carbon capture technology

Airbus and a number of major airlines—Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic—have signed Letters of Intent (LoI) to explore opportunities Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple

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