Europe cools on Russian energy sanctions, fears 'unmanageable' risks

This post was originally published on this siteEuropean leaders toned down March 7 threats of tougher energy sanctions on Russian imports of oil and gas after crude futures breached $130/b and the cost of natural gas surged. Dutch Prime Minister Mark Rutte said sanctions on Russian energy supplies for Europe would have “enormous ramifications” and

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Finally, Even Elon Musk Goes Nuclear – Michael Shellenberger

This post was originally published on this siteOver the last few weeks I have been making the point on Twitter and to television audiences that Europe empowered Putin to invade Ukraine by becoming dependent on him for energy. You can watch one segment here: Michael Shellenberger @ShellenbergerMD The same people who hyped Russiagate ignored warnings

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Asia dominates global refinery hydrocracker capacity additions by 2026

This post was originally published on this siteGlobalData’s latest report, “Global Capacity and Capital Expenditure Outlook for Refineries, 2022,” indicates that global hydrocracker capacity is expected to witness a growth of 18.0% over the next four years, potentially increasing from 13.2 million barrels per day (MMbd) in 2022 to 15.6MMbd by 2026. Asia’s hydrocracker capacity

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Germany's Scholz says Russian energy only way to secure European supply

This post was originally published on this siteGerman Chancellor Olaf Scholz said March 7 that Europe needed Russian energy to ensure security of supply, saying Europe had “deliberately” excluded sanctions on the sector. In a statement, Scholz said Germany welcomed all international efforts to respond to Russia’s invasion of Ukraine, but that there were no

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