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Home2022September

Month: September 2022

Glencore
Rare Earth Minerals

Glencore eyes adding lithium to trading business — report

September 19, 2022 Mariel Alumit

Mining and commodities giant Glencore (LON: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the driving force behind electric vehicles […]

Crude Oil News

Can the Biden Administration can get the energy policies corrected so the U.S. does not follow Europe? Or are they just characters in the Wizard of Oz?

September 19, 2022 Jay R. Young

You know, when you are growing up, there are several movies that stick in your mind, and you can refer to them on certain topics. Well, for me, right now, it is the Wizard of […]

Biden
Renewables Not Sustainable

US to prioritize purchase of green construction materials, including steel

September 19, 2022 Mariel Alumit

The Biden administration announced new actions Sept. 15 to prioritize the purchase of low-carbon-emissions construction materials, including steel, for use in federally funded projects. The federal government will prioritize the purchase of steel, concrete, asphalt […]

Iraq
Crude Oil News

Iraq resumes crude exports from Basrah Oil Terminal after 24-hour halt

September 19, 2022 Mariel Alumit

Iraq has resumed crude oil exports from Basrah Oil Terminal after an oil spill that occurred late Sept. 15 halted loadings from the facility, curbing some 1 million b/d of exports from OPEC’s second biggest […]

Saudi
Crude Oil News

Saudi drilling company eyes fast growth in oil, gas production

September 19, 2022 Mariel Alumit

Saudi Arabia’s Arabian Drilling Co. is looking for growth in the kingdom’s crude oil and natural gas production as the country will be “critical” to meet demand for hydrocarbons that it sees from the Middle […]

Executives
ESG

More Executives Could See Their Compensation Tied to ESG Goals if SEC Finalizes Climate Disclosure Rules

September 19, 2022 Mariel Alumit

Company executives will increasingly have another thing to worry about when it comes to how their compensation is calculated: how well companies are doing on environmental, social and governance (ESG) or non-financial matters. Traditionally, executives […]

Journalism
Industry Insights

Checkbook Journalism: Bought & Paid for Climate ‘News’: NPR Announces Facebook’s Zuckerberg & Rockefeller Foundation Will Be funding NPR’s ‘Climate Desk’

September 19, 2022 Mariel Alumit

​ NPR’s SVP of News and Editorial Director Nancy Barnes:  “No story touches as many people as climate change. Heat waves, mega-droughts and unprecedented floods are all becoming more intense and frequent. Climate related weather disasters […]

Canada
Finance

Canadian Household Net Worth Drops Record Amount The Daily Financial Trends

September 19, 2022 Mariel Alumit

The net worth of Canada’s households dropped by almost $1 trillion Canadian dollars ($775 billion) in the second quarter, according to data from Statistics Canada. According to the report, household net worth had not dropped […]

Europe
Energy Policy

Europe Is Losing the Energy War

September 19, 2022 Mariel Alumit

Wars are fought on many fronts. So far, Russian president Vladimir Putin is winning the energy war. High energy prices, triggered by supply disruptions, have neutered Western sanctions. Russia’s current account balance stands at record highs. […]

IEA
Crude Oil News

IEA: Russian Crude Ban Will Take 2.4 Million Bpd Off The Market

September 19, 2022 Mariel Alumit

IEA: EU ban on Russian seaborne crude may take 2.4 million bpd off the market. IEA: Total Russian oil production will decline to 9.5 million bpd. European countries are importing more Russian crude ahead of […]

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