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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

Coal

Coal is back in fashion – Thungela Resources is one way to profit

April 11, 2022 Andy Del Prado

At the COP26 conference, a 190-strong coalition of countries, banks and investors lined up to give their support to plans to phase out coal power. The timing was less than perfect. Today, just a few […]

Coal

EU-OPEC Meet As Europe Discusses Russian Oil Embargo

April 11, 2022 Andy Del Prado

The European Union is holding a high-level dialogue meeting with OPEC on Monday, as the EU is looking at ways to step up sanctions against Russia, including by an oil embargo. The meeting, being held […]

International News

EU Considers Toughening Renewable Energy Targets

April 11, 2022 Andy Del Prado

The European Union may make its renewable energy capacity buildup targets even more ambitious than they already are in light of its search for alternatives to Russian fossil fuels. “What we will do in the […]

Renewables Not Sustainable

Seven new oil and gas projects approved since IPCC report called for an end to fossil fuels

April 10, 2022 Andy Del Prado

It’s “now or never,” said the latest report from the Intergovernmental Panel on Climate Change (IPCC) published on Monday. It called on governments to start staving off emissions to save the planet from irreversible climate […]

Finance

Shell blames oil, gas margin calls for billions in cash outflows

April 10, 2022 Andy Del Prado

LONDON, April 7 (Reuters) – Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the pressure […]

Stronger
Top News

Most Americans blame Putin and oil companies for higher gas prices, poll indicates

April 10, 2022 Andy Del Prado

A significant majority of Americans blame Russian President Vladimir Putin for the recent spike in America’s gas prices, but almost as many blame oil companies, according a new ABC News/Ipsos poll released Sunday. In asked […]

Earthstone Energy
Finance

Earthstone Energy Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027

April 10, 2022 Andy Del Prado

THE WOODLANDS, Texas, April 7, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), today announced that its subsidiary, Earthstone Energy Holdings, LLC (“EEH”), has priced the previously announced private offering (the “Notes Offering”) of $550 […]

International News

EU Will Not Discuss Russian Oil Ban At Next Meeting

April 10, 2022 Andy Del Prado

The foreign ministers of the European Union member states are not expected to formally discuss an embargo on Russian oil at their meeting on Monday, a senior diplomat working for the meeting’s preparation told Reuters on Friday. […]

Renewables Not Sustainable

U.S. Supermajors Face Investor Votes On Emission Cuts

April 10, 2022 Andy Del Prado

Exxon Mobil Corp. and Chevron Corp. investors will vote on shareholder demands to curb pollution amid growing pressure on the oil industry to clean up its environmental record. Exxon holders will consider a proposal from […]

LNG
Crude Oil News

Shell to set up LNG stations, bullish on natural gas market in India

April 10, 2022 Andy Del Prado

New Delhi: Global energy giant Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas […]

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