LAUNCESTON, Australia, April 18 (Reuters) – There is an increasing disconnect between the forecasts for strong global oil demand growth this year, led by Asia, and the reality of weakening margins for refined fuels. The profit from turning a barrel of Dubai crude into refined products at a typical Singapore refinery dropped to $2.53 a …
Column: Asia’s collapsing refinery margins undermine bullish crude case Read More »
Mainspring Energy’s device is a new way to create clean electricity, and it can run on hydrogen. (Bloomberg) Two generators thrumming in a cramped Silicon Valley parking lot represent a clean power technology so new that most potential customers don’t know it exists. For Adam Simpson and his startup, Mainspring Energy Inc., that’s both a …
New Generator Technology Can Produce Clean Energy Read More »
The Pentagon is sounding alarms over Biden administration plans to advance offshore wind projects along the central Atlantic US coast, warning that almost all of the new terrain eyed for development conflicts with military operations. Maps shared with industry stakeholders and seen by Bloomberg News show vast red areas that the Navy and Air Force have deemed “highly problematic,” …
Pentagon Sounds Alarm Over Biden Plan for Offshore Wind Sites Read More »
