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Home2022

Year: 2022

Shell
Crude Oil News

Shell to pay $15m settlement over oil spills in Nigeria

December 23, 2022 Mariel Alumit

Shell will pay 15 million euros ($15.9m) to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta, the oil company has announced. “The settlement is on a no admission […]

Colombia
Crude Oil News

Colombia’s oil theft soars, leaving trail of environmental harm

December 23, 2022 Mariel Alumit

TUMACO, Colombia, Dec 23 (Reuters) – In a clearing of Colombia’s Pacific jungle, the dense canopy encircles an area of desolation left by a clandestine refinery, where oil waste blackens everything underfoot, seeping into the […]

EV
Electric Vehicles

Viewpoint: US EV players plan on growth, challenges

December 23, 2022 Mariel Alumit

Houston, 23 December (Argus) — Across electric vehicle (EV) supply chains, automakers, battery makers and materials companies expect more projects to come on line in 2023, while some forecast long-term problems. Battery Cells Multiple major […]

Bulgaria
International News

Bulgaria in talks with Turkey on long-term gas deal

December 23, 2022 Mariel Alumit

SOFIA, Dec 23 (Reuters) – Bulgaria’s interim energy minister is in Istanbul on Friday for talks he hopes will lead to a deal this month on long-term access to liquefied natural gas (LNG) terminals in […]

HSBC
ESG

Four Questions about HSBC’s Commitment to Stop Funding Oil and Gas Projects

December 23, 2022 Mariel Alumit

On December 14, 2022, HSBC, the largest bank in Europe, announced it will no longer finance new oil and gas projects as part of its updated climate policy. The change comes after 2021 garnered the largest annual […]

Investors
Finance

Investing trends to watch out for in 2023: what analysts say

December 23, 2022 Mariel Alumit

Investors have had to get used to a period of sustained high inflation in 2022. The challenge has been how to grow your money in real terms while inflation reached 10.7% in November – a fall from […]

Energy
ESG

Want Clean Energy? Then You Also Want Battery Recycling.

December 23, 2022 Mariel Alumit

Lithium-ion batteries are essential for decarbonizing transportation through electric vehicles and building a resilient, renewable energy grid through energy storage batteries. The grid energy storage industry represents a much smaller fraction of the lithium-ion battery market than electric […]

energy
ESG

Preview 2023: ‘Investment offensive’ must secure fossil fuel independence – energy industry

December 23, 2022 Mariel Alumit

Germany has taken important steps to secure its energy supply and help households and businesses cope with the energy crisis, but it is important to continue along this path consistently in the coming year, according […]

Trillion
Energy Policy

$1.7 Trillion Spending Bill Passes U.S. Senate – What’s In It?

December 23, 2022 Mariel Alumit

Key Take The $1.7 trillion government spending bill has passed, which means they’ll be able to keep the lights on until at least September next year. With over 4,000 pages worth of legislation, it’s not […]

Energy
Finance

Energy Investors: Should You Buy Oil and Gas Stocks in 2023?

December 23, 2022 Mariel Alumit

The post-pandemic rally in oil and gas prices changed the fate of energy-producing companies in a big way. While energy was some of the disdained names across the street earlier, the sector is now one […]

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