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Home2022March

Month: March 2022

Renewables Not Sustainable

Solar stocks rip higher as clean energy names make comeback

March 8, 2022 Andy Del Prado

Enphase Energy (ENPH +9.8%) and SolarEdge Technologies (SEDG +9.1%) comprise two of the top five gainers on the S&P 500, as rising oil prices resulting from the Russia-Ukraine conflict and the just-announced U.S. ban on Russian oil and gas […]

Shell
Crude Oil News

Shell to halt buying Russian oil and gas and Unilever to stop sales in Russia

March 8, 2022 Andy Del Prado

Shell has announced plans to withdraw from Russian oil and gas and Unilever has said it will stop selling its products in Russia, amid an exodus of big British companies from Russia after its invasion […]

Crude Oil News

Biden announces ban on Russian energy imports

March 8, 2022 Andy Del Prado

(CNN) President Joe Biden on Tuesday announced his administration is banning Russian oil, natural gas and coal imports to the US in response to the Russian invasion of Ukraine, a step he warned could lead to a spike […]

Commodities

Biden Bans Imports of Russian Oil, Natural Gas

March 8, 2022 Stu Turley

President Biden banned imported oil and other energy sources from Russia to punish the country as it intensified its military campaign in Ukraine, a move that will add pressure to already record U.S. gasoline prices […]

Commodities

Oil jumps to $130 with U.S. and U.K. set to ban Russia imports

March 8, 2022 Mariel Alumit

(Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant Shell Plc announced it will also halt purchases from the country. Brent crude […]

Germany shuts down atomic plant as nuclear phase-out enters final stretch -ENB
Climate Crisis

German Power Operators Reject Calls to Keep Nuclear Plants Running Despite Ukraine War

March 8, 2022 Mariel Alumit

Germany’s leading power utilities have declined to extend the life of their last operating nuclear power plants beyond a government-imposed deadline to shut them down by the end of the year amid calls to keep […]

'Extraordinary times demand extraordinary measures Elon Musk says the US needs to increase oil and gas output
Crude Oil News

‘Extraordinary times demand extraordinary measures’: Elon Musk says the US needs to increase oil and gas output

March 8, 2022 Mariel Alumit

Tesla CEO Elon Musk said the US needs to increase its oil and gas output following Russia’s invasion of Ukraine. “Hate to say it, but we need to increase oil & gas output immediately,” Musk said […]

Commodities

Is Big Oil Overselling Its Energy Transition Efforts?

March 7, 2022 Andy Del Prado

February has been a month marked by explosive reports revealing sweeping greenwashing campaigns by the fossil fuels industry. As the dust settles from the first waves of the novel coronavirus pandemic, investigative watchdogs are taking […]

Fossil

IEA’s 10-Step Plan For Europe: Diversified Gas Imports And Clean Energy

March 7, 2022 Andy Del Prado

The green energy push in Europe has these days been overshadowed by events in Ukraine but it has not completely left the spotlight. On the contrary, EU officials have been adamant that the transition must […]

M & A

U.S. shale producers Oasis, Whiting to merge in $6 billion deal

March 7, 2022 Andy Del Prado

(Reuters) – Oasis Petroleum Inc (OAS.O) and Whiting Petroleum Corp (WLL.N) will merge in a $6 billion deal including debt, the U.S. shale oil and gas producers said on Monday. The deal between the companies, which had filed for […]

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