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HomeInternational News

International News

Big Oil Companies

Dovish Fed Will Send Oil Back To $100: BofA – and dependent on China’s lockdown recovery

December 13, 2022 Mariel Alumit

The Bank of America has predicted that Brent could quickly go past $90 per barrel on the back of a dovish pivot in the U.S. Federal Reserve and successful economic reopening by China. BofA’s chief […]

Price
International News

Parliament passes Energy Conservation (Amendment) bill to promote non-fossil energy sources

December 13, 2022

The Energy Conservation (Amendment) Bill, 2022 was cleared in the Rajya Sabha by a voice vote on Monday. The Lok Sabha cleared the legislation in the previous session in August this year. Rajya Sabha passes […]

Price
International News

NTPC to allot 5 GW for green hydrogen, ammonia out of 60-GW RE target by 2032

December 13, 2022

NTPC is not looking at hydrogen for generation purposes said Mohit Bhargava, chief executive director, NTPC REL New Delhi: State-owned power firm,NTPC, plans to use about 5 GW capacity in greenhydrogenand ammonia business out of […]

Price
International News

PESB picks Krishnakumar Gopalan as the next CMD of BPCL

December 12, 2022

The Public Enterprises Selection Board (PESB) has picked Krishnakumar Gopalan for the post of Chairman and Managing Director (CMD) at India’s second largest oil refining and marketing company Bharat Petroleum Corporation Ltd (BPCL), the government’s […]

IEA
Aljazeera International

EU could face gas shortage next year, IEA warns

December 12, 2022 Mariel Alumit

The heads of the International Energy Agency (IEA) and the European Union’s executive branch have said that the 27-nation bloc is expected to successfully weather an energy crisis this winter. Speaking at a news conference […]

energy
Energy Crisis

‘Like an oilwell in your back yard’: Irish people turn to cutting peat to save on energy bills

December 12, 2022 Mariel Alumit

This was supposed to be the year Ireland got serious about protecting its bogs but some of those hopes are wafting up in smoke as households burn peat to save on energy bills. The soaring cost of […]

Global
Coal

Mapped: Global Energy Prices, by Country in 2022

December 12, 2022 Mariel Alumit

Mapped: Global Energy Prices, by Country in 2022 This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. For some countries, energy […]

Biden
Critical Minerals

Exclusive: Behind Biden’s overseas mining funding

December 12, 2022 Mariel Alumit

The Biden administration is looking at funding roughly a dozen mineral projects overseas in a bid for more resources used in lower-carbon technologies. Why it matters: Supporting more mining overseas could ease a raw material squeeze […]

US economy
Finance

Jamie Dimon worries about the ‘extraordinary’ dangers posed by the Ukraine war. ‘I would definitely be preparing for it to get much worse’

December 12, 2022 Mariel Alumit

Europe may have been spared from an extreme energy crisis this year, but the head of one of the world’s largest banks is worried about what’s next. Through a mix of unseasonably warm weather so far this winter and low […]

Russia
Crude Oil News

Russia Is Shipping More Than 3 Million Bpd Of Crude To Asia

December 12, 2022 Mariel Alumit

Russia is still shipping millions of oil barrels per day to Asia. Many Asian buyers haven’t joined the so-called Price Cap Coalition and are, so far, doing business as usual with Russian cargoes. The trades […]

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