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Opec’s flaring crises add new risk for oil supply

Posted on November 25, 2019 by admin

Bloomberg/London Opec may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are once again threatening supply. Unrest erupted in Iraq…

Posted on November 21, 2019 by admin

By Laurie Goering/London Population growth and climate change are putting increasingly intense pressure on the planet’s limited water supplies, with worsening shortages emerging from the Middle East to Asia and Latin America,…

France to end tax breaks for palm oil in biofuel

Posted on November 21, 2019 by admin

PARIS — France’s parliament on Friday voted to remove tax breaks for the use of palm oil as a biofuel, a day after a ruling in favour of maintaining the advantage led…

Energy stocks are pushing Canada equities to record

Posted on November 21, 2019 by admin

Bloomberg /Toronto Investors are finally warming up to Canadian energy stocks. There’s no shortage of superlatives to describe market optimism as the price of oil climbed and corporate profitability concerns eased. The…

The Climate Crisis in terms Trump can understand

Posted on November 14, 2019 by admin

“President Trump made good on his promise this week to withdraw from the Paris Climate Agreement. This wasn’t a surprise. But it still baffles us. Try as we might, we cannot see how America’s…

EU Warns Worst May Be Ahead as Euro-Area Resilience Wanes

Posted on November 14, 2019 by admin

The European Commission cut its euro-area growth and inflation outlook amid global trade tensions and policy uncertainty, warning that the bloc’s economic resilience won’t last forever. The EU’s executive arm sees economic…

Shale Oil Pioneers Say the Boom Times Are Over

Posted on November 9, 2019 by admin

The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s years-long effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa. Investor…

Shellto Buy French Offshore Wind-Power Developer

Posted on November 7, 2019 by admin

Shell to buy floating offshore wind energy developer EOLFI Shell has agreed to buy French floating wind power developer EOLFI for an undisclosed fee through its subsidiary Shell New Energies. EOLFI was…

HIA concludes participation at Qitcom

Posted on November 7, 2019 by admin

Hamad International Airport (HIA) has concluded its participation at Qitcom 2019 by demonstrating key elements of its innovative Smart Airport programme. In line with Qitcom’s theme this year, ‘Safe, Smart Cities’, HIA’s…

Amid climate worries, Mexico doubles down on fossil fuels

Posted on November 7, 2019 by admin

On the same September day that activist Greta Thurnberg gave a fiery speech in New York demanding world leaders tackle climate change, Mexico’s president was touting achievements of a wholly different kind:…

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