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Home2022

Year: 2022

S&P ESG Index
Top News

Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index

May 19, 2022 Mariel Alumit

Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. […]

No Picture
International News

Explainer: Why is India facing its worst power crisis in over six years?

May 19, 2022

New hybrid work models adopted since COVID-19 struck in 2020 have resulted in millions of Indians working from home, boosting residential daytime power use. The gap between power supplied and consumed has often been wider […]

No Picture
International News

Waaree Energies bags orders worth $2.37 billion for solar panels

May 19, 2022

The company currently has a 4 GW module manufacturing capacity and plans to add another 5 GW by December 2022 New Delhi:Waaree Energies, a Mumbai-basedsolar modulemanufacturer, on Thursday said it has bagged new orders worth […]

Gasoline Prices
International News

Gasoline Prices Top $6 In California, $9 In Parts Of Europe

May 18, 2022 Mariel Alumit

Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over $9 in Norway and Denmark as Russia’s war on Ukraine […]

Europe makes U-turn on American gas
Exports

Europe makes U-turn on American gas with fracing fears at bay

May 18, 2022 Mariel Alumit

(Bloomberg) — Less than two years ago, Engie SA scrapped plans to buy U.S. liquefied natural gas, handing a victory to environmentalists that urged the French energy giant to drop the purchase on pollution concerns. […]

Abu Dhabi National Oil
Exports

UAE to more than double LNG export capacity with Fujairah plant

May 18, 2022 Mariel Alumit

(Bloomberg) — Abu Dhabi National Oil Co. plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand. The LNG facility, to be built at […]

Russia-Ukraine
Geopolitical

Inflation and Russia-Ukraine conflict stifles oil and gas contracts in Q1 2022 -GlobalData

May 18, 2022 Mariel Alumit

At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict. However, in the second half of the quarter a minor increase in the number of […]

Elon Musk
Investments

Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index

May 18, 2022 Mariel Alumit

Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. […]

Shell joins Exxon
Crude Oil News

Shell joins Exxon with $1 billion Brazil exploration setback

May 18, 2022 Mariel Alumit

(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center. In the past three […]

Global Debt Bubble
Finance

Is The Global Debt Bubble About To Burst?

May 18, 2022 Mariel Alumit

The global economy is powered primarily by energy and debt, with energy-providing production and debt-providing finance. Today, central banks are aggressively increasing interest rates in order to counter inflation, but the move could leave commodity […]

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