Former Lehman Brothers executive Lawrence McDonald has said in an interview that although the US dollar is riding high at the present moment, it may very well soon lose its coveted status as the world’s […]
Danish shipping company Maersk slashed its forecast for shipping container demand this year, as it warned that this week saw a collapse in demand for transport and logistics services. Maersk CEO Soeren Skou issued a […]
Despite governmental denials, rumors are spreading China may be about to make some major changes to its zero-Covid policy soon in an effort to boost economic confidence and more effectively open its economy back up. […]
A large drop in renewable energy output is forcing Spain to increase natural gas demand to generate electricity at a time Europe is in the worst energy crisis in a generation. Spain’s hydropower output has […]
The UK could receive billions of cubic metres of liquefied natural gas (LNG) as part of a major deal to be announced soon. Details of the “energy security partnership” will reportedly be revealed shortly after the end […]
When proposals for the largest solar plant ever conceived for US soil started to gather pace – a plan that involves spearing several million solar panels into the flat farmland of northern Indiana – something in Connie […]
Natural gas prices rose amid uncertainty over the European Union’s plans to impose a temporary price cap on imports. Benchmark Dutch futures jumped as much 7.8%, following three sessions of losses. The European Commission on […]
The OPEC+ oil producer alliance, which had pledged to cut output by 100,000 b/d in October, instead hiked production by 220,000 b/d as several members recovered some barrels lost by outages and maintenance, the latest […]
On Monday the British Telegraph reported that Britain’s prime minister Rishi Sunak will be announcing a major new natural gas deal with the United States shortly after the COP27 climate change summit. According to the […]
Adding to questions about the future two large offshore wind proposals in Massachusetts, state regulators on Nov. 4 blasted an effort by the projects’ developers to renegotiate their off-take contracts and gave the companies only […]
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