The US wants to tighten sanctions on Russia and Iran. Doing both at once would carry significant political risks for President Joe Biden as he heads into the 2024 election.In the wake of Hamas’s surprise attack on Israel on Saturday US Treasury Secretary Janet Yellen said new measures against Iran were possible. The Islamic Republic supplies Hamas …
Biden Can’t Squeeze Iran and Russian Oil at Same Time Read More »
(Reuters) – U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose three …
U.S. Drillers Add Most Oil Rigs in a Week Since March – Baker Hughes Read More »
U.S. Assistant Secretary for Energy Resources Geoffrey Pyatt said on Friday Russia would never again be viewed as a reliable energy supplier, a day after Washington imposed fresh sanctions on Moscow because of its war in Ukraine. Speaking at an online briefing ahead of next week’s U.S.-Japan Energy Security Dialogue, Pyatt also said the United …
Russia will never be seen as reliable energy supplier, U.S. energy official says Read More »
By Aaron Foyer Emissions series: Scope 1, 2, 3 Explainer | Scope 4 Emissions When considering clean energy, it’s important to understand the energy and ultimately emissions being displaced. Replacing a high-carbon source with a low-carbon one, like replacing coal with wind power, helps reduce emissions. On the other hand, shifting from one low-carbon source to another …
INFOGRAPHIC: The Most Efficient Investments in Reducing Emissions Read More »
Shares in Orsted A/S fell the most in more than a month after New York regulators ruled against a cost adjustment for offshore wind farms prompting fears about a further write down for one of the company’s US projects. The New York Public Service Commission unanimously decided on Thursday that developers must abide by the terms in …
Orsted Slumps as U.S. Wind Cost Ruling Stokes Writedown Fear Read More »
SYDNEY, Oct 13 (Reuters) – Negotiations over a stalled pay and conditions deal between Chevron and unions at its liquefied natural gas (LNG) facilities in Australia made progress on Friday, but fell short of sealing an agreement to end months of labour disputes at the major export sites. Chevron and the unions held a third …
Chevron Australia, unions make progress in LNG talks but deal elusive Read More »
HOUSTON & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the broadest range of benchmarks to support the liberalization of natural gas, today announced record trading activity across its natural gas liquids (NGLs) markets as customers manage exposure to the price of …
ICE announces record trading activity and open interest in natural gas liquids markets Read More »
This is one of the stories in Akshat Rathi’s new book Climate Capitalism, which is out today. Akshat explains the origin of China’s dominance in the battery market through the lens of CATL, now the world’s largest battery company. This is an adapted excerpt from the book. It was an admission of defeat. But you would never know …
How China Left the World Far Behind in the Battery Race Read More »
LONDON, Oct 12 (Reuters) – OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy so far this year and expected further demand gains in China. World oil demand will rise by 2.25 million barrels per day (bpd) in …
Russian President Vladimir Putin overplayed his hand by trying to use Gazprom PJSC to bring Europe to its knees, and now his efforts to bolster the state-controlled gas giant are at the mercy of China. After years focusing Gazprom’s exports on pipelines to Europe and underinvesting in liquefied natural gas capacity, Putin has limited options for …
The Fall of Russia’s Gas Giant Dulls a Key Tool of Putin’s Power Read More »
