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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

Crude Oil News

Russia warns of $300 oil, threatens to cut off European gas if West bans energy imports

March 9, 2022 Andy Del Prado

Russia has threatened to close a major gas pipeline to Germany and warned of $300 oil prices if the West goes ahead with a ban on its energy exports. “It is absolutely clear that a […]

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

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 […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal
US Energy News

Chevron Executing Plans to Deliver Higher Returns and Lower Carbon

March 7, 2022 Andy Del Prado

NEW YORK–(BUSINESS WIRE)–At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to deliver higher returns and advance a lower carbon future. Higher Returns Chevron expects to continue to improve capital […]

Exports

How we helped pay for Putin’s invasion of Ukraine

March 7, 2022 Andy Del Prado

It’s heartbreaking to see images from Ukraine of children huddled together in bomb shelters, cancer patients fearing for their lives in the basement of a hospital or a young couple taking up arms to defend their country on their wedding day. […]

Crude Oil News

Saudi crown prince plays the oil card in quest for U.S. recognition

March 7, 2022 Andy Del Prado

DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care whether Joe Biden misunderstands him. The prince is instead looking to his oil power to deliver his goals, according to sources familiar with […]

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