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EU gas companies prepare pipelines for hydrogen highway
Commodities

EU gas companies prepare pipelines for hydrogen highway

While the heads of state and government were negotiating an agreement to slow down climate change last week, gas engineer Michele Ricciardi was grappling with a practical problem: How can thousands of kilometers of pipelines in Italy and Europe be safely …

November 26, 2021• 6 min
U.S. natural gas producers face billions in losses through hedging in 2022
Commodities

U.S. natural gas producers face billions in losses through hedging in 2022

US gas producers will have to post billions in hedging losses in the next year because they secured most of their production for 2022 before the recent energy crisis shot gas prices soaring, an analysis by Rystad Energy shows.

November 24, 2021• 4 min
Biden estimates that oil reserves are sufficient
Commodities

Biden estimates that oil reserves are sufficient

US President Joe Biden said in a memo to the US State Department on Friday that there are enough oil reserves for other countries to reduce their purchases in Iran.

November 20, 2021• 1 min
Shipping company under pressure to ship coal
Commodities

Shipping company under pressure to ship coal

Shipping companies shipping coal around the world are in the crosshairs of some financiers who are cleaning up their businesses in the absence of a truly global initiative by nations to cut the dirtiest fossil fuel.

November 18, 2021• 5 min
USA addresses import duties on steel and aluminum
Commodities

USA addresses import duties on steel and aluminum

The United States said Friday it would start talks with Japan that could lead to easing tariffs on steel and aluminum imports, which have long been a nuisance in trade relations between the two allies.

November 16, 2021• 2 min
Gas flows to Germany stopped again
Oil & Gas

Gas flows to Germany stopped again

The gas flows through the Yamal-Europe pipeline to the west to Germany have stopped again and flow in the opposite direction back to Russia, as data from the German pipeline operator Gascade showed on Saturday.

November 14, 2021• 2 min
No prospect of reducing fuel costs
Commodities

No prospect of reducing fuel costs

US Secretary of Energy Jennifer Granholm hinted on Friday that the Biden administration has little chance of getting the country's oil producers to increase production in order to reduce rising fuel costs.

November 14, 2021• 2 min
Great Britain declares the end of the coal era
Commodities

Great Britain declares the end of the coal era

At the UN climate conference on Thursday, the coal phase-out was supported by 23 other countries, but rejected by major users of the dirtiest of all fuels that cause global warming.

November 6, 2021• 3 min
Ending the dispute over steel and aluminum tariffs?
Commodities

Ending the dispute over steel and aluminum tariffs?

The United States and the European Union have agreed to end the simmering dispute over the steel and aluminum tariffs imposed by former US President Donald Trump in 2018, removing a nuisance in transatlantic relations and a surge in EU To prevent retaliatory …

November 2, 2021• 3 min
U.S. Court of Appeals implies support for Rio's Resolution copper mine
Commodities

U.S. Court of Appeals implies support for Rio's Resolution copper mine

A U.S. appeals court on Friday questioned whether it has the power to override a law of Congress that Rio Tinto (NYSE: RIO) Ltd. Allocated land in Arizona for its Resolution copper mine, which was contested by Native American people. "It would be nice if …

October 27, 2021• 3 min