Environment Oil markets will face ‘serious problems’ as demand from China and India ramps up, IEF secretary general says July 22, 2023 admin Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Christopher Furlong | Getty Images News | Getty Images Oil prices are…
Environment India’s Tata Group to build $5 billion gigafactory in the UK July 19, 2023 admin In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tata Motors concept EV on show at the India Auto Expo 2023 on Jan. 12, 2023. Anindito Mukherjee |…
Environment India’s reliance on Russian oil may be ‘approaching a limit’ July 18, 2023 admin An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s ability to import more Russian oil may have hit a limit,…
Environment Russia’s crude price exceeds G7 price cap as market braces for supply crunch July 14, 2023 admin View of Russian oil port Novorossiysk. Алексей Облов | Moment | Getty Images Spot prices of Russia’s crude oil this week surpassed the $60-per-barrel threshold of the Group of Seven’s…
Environment Alaska, America’s worst state for business, pins hopes on a post-oil boom in carbon offsets July 11, 2023 admin In this article AKH.H-V Follow your favorite stocksCREATE FREE ACCOUNT An oil pipeline stretches across the landscape outside Prudhoe Bay in North Slope Borough, Alaska, May 25, 2019. The Washington…
Environment Germany’s economy is stagnating. And these 5 charts show how July 7, 2023 admin Germany entered a technical recession on May 25, and economists have predicted that GDP growth is set to stagnate for the rest of the year, painting a gloomy picture for…
Environment As the world gets hotter, millions of workers face up to the challenge of heat stress and productivity losses July 5, 2023 admin In this article FOXF FOXA Follow your favorite stocksCREATE FREE ACCOUNT Europe was gripped by punishing heat waves in the summer of 2022, with wildfires, droughts and deaths highlighting what…
Environment Oil and gas will continue to power the world for decades to come, big oil firms say June 30, 2023 admin Oil rigs on platforms in Gaoyu Lake in east China’s Jiangsu province Friday, Sept. 17, 2021. Barcroft Media | Getty Images Oil and gas will continue to be leading sources…
Environment Stocks rise on strong housing data, bolstering our newest Club holding June 27, 2023 admin Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. No man’s land Watch Big…
Environment Oil prices climb after Russia mutiny stoke fears of supply disruption June 26, 2023 admin Russia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power. Pavel Bednyakov…
Environment German energy prices are so high they’re driving companies to relocate, industry body says June 21, 2023 admin German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI). CNBC’s Annette Weisbach asked…
Environment The world’s energy system is ‘no longer fit for purpose,’ says energy council chief June 8, 2023 admin Wind power generation and shoal aquaculture are seen at a demonstration base of coastal shoal industry in Yancheng City, East China’s Jiangsu province, May 16, 2023. (Photo credit should read…
Environment Oil giant Shell’s UK ad campaign banned for being ‘likely to mislead’ consumers June 7, 2023 admin Shell, which is aiming to become a net-zero emissions business by 2050, said it was concerned by what it described as a “short-sighted” decision. Mike Kemp | In Pictures |…
Environment Erdogan’s new pick for Turkish finance minister has markets hoping for economic orthodoxy June 5, 2023 admin Turkey’s President Recep Tayyip Erdogan has named former economy chief Mehmet Simsek as his new treasury and finance minister. Source: World Economic Forum In the unveiling of his new cabinet,…
Environment Oil prices pop 2.5% after Saudi Arabia pledges more voluntary production cuts June 5, 2023 admin Imaginima | E+ | Getty Images Oil prices jumped following OPEC kingpin Saudi Arabia’s decision to cut production by another million barrels per day. On Sunday, the Organization of the…
Environment World’s biggest investment fund says firms mismanaging climate risk could face exclusion from next year May 31, 2023 admin Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty Images Norway’s $1.4 trillion…
Environment Debt limit bill would speed completion of controversial West Virginia gas pipeline May 30, 2023 admin Lengths of pipe wait to be laid in the ground along the under-construction Mountain Valley Pipeline near Elliston, Virginia, September 29, 2019. Charles Mostoller | Reuters A bipartisan debt limit…
Environment Biden Interior advances renewable energy transmission projects in Nevada May 26, 2023 admin Heavy electrical transmission lines at the powerful Ivanpah Solar Electric Generating System, located in California’s Mojave Desert at the base of Clark Mountain and just south of this stateline community…
Environment Turkey’s runoff election is paralyzing key oil exports from northern Iraq May 25, 2023 admin A satellite image showing the port of Ceyhan centred on August 18, 2015 in Turkey. Gallo Images | Gallo Images | Getty Images Turkey’s runoff election is compounding delays to…
Environment Fossil fuel investment set to exceed $1 trillion in 2023, ‘more than double’ levels needed for a net-zero future: IEA May 25, 2023 admin Wind turbines and coal photographed in Maryland, United States. Chip Somodevilla | Getty Images News | Getty Images Global investment in energy is slated to hit roughly $2.8 trillion in…