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Deep Rift Lies Behind Biden's Criticism of Oil and Gas Industry
2022-06-23 - The Biden White House's testy relationship with the fossil fuel industry has grown even more complicated as Russia's invasion of Ukraine cut global energy supplies and sent crude oil and natural gas prices skyrocketing.
Netherlands Activates Energy Crisis Plan, Removes Cap on Coal Plants
2022-06-21 - The country had capped production at 35% of capacity at its coal-fired plants to limit CO2 emissions.
Germany Triggers Gas Alarm Stage, Accuses Russia of ‘Economic Attack’
2022-06-23 - “If this minus becomes so big that the companies can’t bear it anymore and they fall down, the whole market threatens to fall down at some point—so a Lehman Brothers effect in the energy system,” German Economy Minister Robert Habeck warned.
US Authorities Make Checks on Oil Tanker Arriving from Russia
2022-06-28 - The Vitol-chartered vessel was shipping intermediate oil products including vacuum gasoil and fuel oil from Russia’s Taman port to New Orleans last week, according to a trading source and shipping data.
US Talking with India on Russia Oil Price Cap, Officials Say
2022-06-29 - "We have begun talks with India about how a price cap would work and what the implications would be," White House national security adviser Jake Sullivan said.