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Home2022May

Month: May 2022

Stellantis
Commodities

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials

May 25, 2022 Mariel Alumit

Carlos Tavares expects a shortage of EV batteries by 2024-2025, followed by a lack of raw materials for the vehicles by 2027-2028. The possibility of shortages has been a focus of Wall Street analysts when […]

No Picture
International News

ReNew Power moots Rs 50,000 crore investment in renewables, battery, green hydrogen units in Karnataka

May 25, 2022

ReNew Power chairman Sumant Sinha signed the MoU with Karnataka’s additional chief secretary (Industries) EV Ramana Reddy in the presence of chief minister Basavaraj Bommai, Industries Minister Murugesh Nirani and IT/BT Minister CN Ashwath Narayan […]

Kinder Morgan Permian Highway - source Kinder Morgan
LNG

Major gas pipelines face 1.3 million Dth/d of expiring contracts in Q2

May 24, 2022 Stu Turley

Major U.S. natural gas pipelines have more than 1.3 million Dth/d of firm gas transportation contracts slated to expire during the second quarter, according to an analysis of S&P Global Market Intelligence data. WBI Energy […]

BlackRock Duplicity Exposed As Real Capitalists Fight Back
Finance

BlackRock Duplicity Exposed As Real Capitalists Fight Back

May 24, 2022 Stu Turley

Efforts by brave states like Texas and West Virginia in fighting back against companies like BlackRock who demand divestment from any activity involving the extraction of fossil fuels is having an effect. The divestors are beginning to squeal […]

Russia
International News

UAE sends rare cargoes of oil toward Europe amid Russia snub

May 24, 2022 Mariel Alumit

(Bloomberg) — The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of the nation’s invasion of Ukraine. The oil tanker […]

Biden administration
Crude Oil News

Biden administration has not ruled out curbs on exports to ease fuel prices, Granholm says

May 24, 2022 Mariel Alumit

BAYOU CHOCTAW, La., May 24 (Reuters) – U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday. Asked if the […]

Asia
Exports

COLUMN-LNG momentum swinging back to Asia as Europe demand eases: Russell

May 24, 2022 Mariel Alumit

LAUNCESTON, Australia, May 24 (Reuters) – The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the […]

Putin’s
Exploration and Production

Putin’s state oil champion suffers biggest production drop

May 24, 2022 Mariel Alumit

(Bloomberg) — The state-run oil champion led by a close ally of President Vladimir Putin has seen the largest drop in production since the invasion of Ukraine. Rosneft PJSC, whose Chief Executive Officer Igor Sechin […]

oil inventories
Crude Oil News

Oil Inventories Down to Dangerously Low Point

May 24, 2022 Mariel Alumit

Crude oil inventories are down to a dangerously low point across Europe, North America, and OECD Asia just as OPEC+ spare production capacity has dwindled to the lowest levels since April 2020. That’s according to […]

cryptocurrencies
Crypto

Can cryptocurrencies become friendlier to people and planet?

May 24, 2022 Mariel Alumit

To unlock the benefits of cryptocurrencies, we need to address their energy use and the way they are perceived. Cryptocurrencies can promote financial inclusion by driving innovation in financial services. The industry recognizes it has […]

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