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Commodities

Column: Global diesel shortages herald imminent economic slowdown

May 23, 2022 Mariel Alumit

LONDON, May 19 (Reuters) – Global distillate fuel oil shortages signal the business cycle is peaking and a period of slower growth or even a recession is imminent to bring consumption back in line with […]

Investments

Analysis: Big Oil gets investor reprieve as energy worries trump climate concerns

May 13, 2022 Mariel Alumit

BP, ConocoPhillips get more investor support over climate Upcoming AGMs from ExxonMobil, Shell, Chevron in focus Some investors more supportive of company climate plans BOSTON/LONDON, May 13 (Reuters) – Big Oil has enjoyed an easier […]

India Looks To Import More LNG Amid Rising Demand
International News

India Looks To Import More LNG Amid Rising Demand

May 12, 2022 Mariel Alumit

Gas demand from households in cities and from the transportation sector in India is currently outpacing supply, which has prompted the government to mandate state-held GAIL (India) Limited to import more LNG and buy gas […]

Whos talking climate change now energy producers say.
Commodities

Biden’s Blame Game Will Raise Oil Prices

April 15, 2022 Stu Turley

Instead of taking steps to boost U.S. oil and gas production amid skyrocketing prices and the war in Ukraine, President Biden is standing by his green-energy goals and blaming fossil-fuel companies for the consequences. This […]

A general view of a wind turbine and solar panels at Westmill Wind Farm & Solar Park - source
ENB Pub Note

Global renewable power prices soar on heavy demand, chaotic supply chain

April 15, 2022 Stu Turley

ENB Publishers Note: The renewable parts and components are going up even more exponentially than oil and gas. So the kWh to consumers is going up for any energy source used. But for the Alternative […]

Rouble steadies near 80 vs dollar, stocks inch lower
Finance

Rouble steadies near 80 vs dollar, stocks inch lower

April 13, 2022 Mariel Alumit

April 13 (Reuters) – The Russian rouble stabilised near 80 to the dollar on Wednesday and stock indexes pared earlier gains and inched lower, losing momentum after weeks of jittery trade. Russian actions in Ukraine, […]

Chevron 4 - EnergyNewsBeat ENB
US Energy News

Chevron, union meet as California refinery strike enters third week-official

April 12, 2022 Mariel Alumit

(Reuters) – Chevron Corp. and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at the company’s Richmond, California, refinery, a union official said. Chevron spokesperson […]

Crude Oil News

Oil inches up as supply concerns weigh despite reserves release, Yemen truce

April 4, 2022 Andy Del Prado

Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply […]

Factbox EU nations measures in case Russian gas supply stops
International News

Factbox: EU nations’ measures in case Russian gas supply stops

April 4, 2022 Mariel Alumit

March 30 (Reuters) – Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe’s largest economy ration power if a standoff over a Russian demand to pay for fuel with […]

U.S.
Commodities

Oil slumps as Shanghai shuts to curb COVID surge

March 27, 2022 Stu Turley

 Oil prices fell more than $3 in early trade on Monday on prospects of a drop in fuel demand in China after authorities in Shanghai said they would shut the country’s financial hub for a […]

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