LNG Market Facing Its Most Violent Year Yet
There are still winter risks ahead. The LNG market is facing its most violent year yet, and there are still winter risks ahead. That’s what BofA Global Research stated in Continue Reading
OPEC+ oil supply cuts could tip world into recession, IEA says
A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could push the global economy into recession, the International Energy Agency Continue Reading
Rockets strike Iraq’s Green Zone as deadlocked parliament meets
Nine rockets landed on Thursday around the Iraqi capital’s Green Zone, home to government buildings and foreign missions, the military said, shortly before parliament began a session to elect a Continue Reading
Nigeria’s Oil Production to Get Boost As Shell Resumes Export At 400,000bpd Forcados Terminal Month End
After months of under-production and heavy dip in foreign exchange earnings from oil export due to crude theft and vandalism, Nigeria’s oil production is set to rise again as Shell Continue Reading
Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions
U.S. export restrictions on chip equipment to China are likely to lead to its “Sputnik” moment, prompting Chinese chipmakers to try creative engineering solutions and chart their own course even Continue Reading
China’s Bursting Housing Bubble Will Rock the Economy for Years
Covid Zero Weighs on China’s Economy Bloomberg News The wave of stimulus aimed at reviving China’s housing market — billions in bank loans, interest rate cuts and support for developers Continue Reading
China Covid: Frustration as Beijing hit by restrictions ahead of congress
Exhibitions highlighting China’s achievements under Xi Jinping have been set up around the country ahead of the congress By Tessa Wong & Stephen McDonell BBC News, Singapore and Beijing Frustration Continue Reading
Las Vegas Leads in Water Conservation Amid Worst Drought in 1,200 Years
The city’s focus on water—and the constant pressure on its supply—has helped shape it into an internationally recognized leader in water conservation. News moves fast, and there’s not always time Continue Reading
U.S. home heating bills expected to surge this winter -EIA
U.S. consumers can expect to pay up to 28% more to heat their homes this winter than last year due to surging fuel costs and slightly colder weather, the U.S. Continue Reading
Greenland Ice Sheet May Be More Vulnerable to Climate Change, Study Finds
Researchers monitoring water temperatures in Sermilik Fjord, southeast Greenland. Climate change may be having more impact on the melting Greenland ice sheet than previously thought, new research suggests. The study Continue Reading