This post was originally published on this siteNEW YORK, March 15 (Reuters) – A federal appeals court on Tuesday rejected Exxon Mobil Corp’s (XOM.N) effort to stop Massachusetts and New York from probing whether the oil company lied to investors and the public regarding what it knew about climate change. The 2nd U.S. Circuit Court of […]
Exxon Mobil loses appeal to stop climate change probes Read More »
This post was originally published on this siteThe Ukraine crisis threatens to deepen the rising inflation, in turn hurting oil demand and investment, stated the Organization of Petroleum Exporting Countries (OPEC), reported Bloomberg. Global crude prices touched a 13-year high to $139 a barrel last week as Western sanctions on Russian supplies led to a
Ukraine crisis threatens oil demand and investment, OPEC states Read More »
This post was originally published on this siteJapan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of Hout crude from its national petroleum reserves via a public tender in April, the Ministry of Economy, Trade and Industry said March 16, the last sale in its joint efforts with the US and other
Japan to sell additional 1.89 mil barrels Hout crude from national reserves Read More »
This post was originally published on this siteAsia’s run rates and oil demand will come under pressure in coming months on the back of high oil prices and tight feedstock availability, and the swelling availability of spot Russian cargoes shunned by buyers elsewhere may do little to ease Asia’s pain, speakers at the S&P Global
Distressed Russian cargoes may do little to ease Asia's pain from high prices Read More »
This post was originally published on this siteCrude oil futures were higher in mid-morning trade in Asia March 16 as market participants weighed the impact of China’s worsening COVID-19 outbreak on demand and signs of progress in the stalled Iran nuclear deal on supply. At 11 am Singapore time (0300 GMT), the May ICE Brent
Crude oil futures higher as market weighs impact of China lockdowns, Iran deal progress Read More »
This post was originally published on this siteCFR Asian corn prices fell $12.5/mt in its biggest one-day drop ever to close at $412.5/mt CFR March 15, with market sources citing slump in freight rates amid fears of economic slowdown in China affecting sentiment. South Korea feed makers booked a total of four cargoes, or 266,000
Asian corn plunges $13/mt on day, posts biggest daily drop on record Read More »
This post was originally published on this site Gasbol can transport up to 30 million cubic meters per day (1.1 billion cubic feet per day) of natural gas from Bolivia to consumer markets in Brazil.
Petrobras Receives Binding Offer for Bolivia-Brazil Gas Pipeline from EIG Read More »
This post was originally published on this site Gasbol can transport up to 30 million cubic meters per day (1.1 billion cubic feet per day) of natural gas from Bolivia to consumer markets in Brazil.
Petrobras Receives Binding Offer for Bolivia-Brazil Gas Pipeline from EIG Read More »
This post was originally published on this siteMar 15, 2022 (Bloomberg) Oil and gas producers drove a surge in share buybacks in the fourth quarter, before energy prices hit their highest in over a decade this year, according to data from S&P Dow Jones Indices. The companies raised spending on share repurchases by 2,182% in the
Oil and Gas Share Buybacks Boomed Before Energy Prices Hit Highs Read More »
This post was originally published on this siteCalifornia’s demand for electricity could nearly double by 2045 as the state phases out gasoline-guzzling automobiles and weans buildings off natural gas. Load on the state’s grid could rise 60% to 90% as a flood of electric vehicles hits roads and people swap out gas-burning stoves and hot water heaters
The Consequence: California’s Climate Fight May Send Its Power Demand Soaring 90% Read More »
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