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March 26, 2021

Oil nations tipped for political instability if the world moves away from fossil fuels- oil and gas 360

Oil nations tipped for political instability if the world moves away from fossil fuels

March 26, 2021

CNBC LONDON — Algeria, Chad, Iraq and Nigeria will be among the first countries to experience political instability as oil producers feel the effects of a transition to low carbon energy production, according to a new report from risk consultancy Verisk Maplecroft. In its 2021 Political Risk Outlook, published Thursday, the firm cautioned that countries that had failed to diversify

Suez ship congestion could delay 10 LNG deliveries to Europe, analysts say-oil and gas 360

Suez ship congestion could delay 10 LNG deliveries to Europe, analysts say

March 26, 2021

Reuters Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on 10 vessels if the blockage lasts for two weeks, researcher Rystad Energy said. Salvage officials said it could take weeks to resolve the congestion on the canal, the main

U.S. pledges to slash solar energy costs by 60% in a decade- oil and gas 360

U.S. pledges to slash solar energy costs by 60% in a decade

March 26, 2021

Reuters The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the United States’ power sector by 2035. The U.S. Department of Energy said the goal accelerates its previous utility-scale solar cost target by five years. For the U.S. power grid

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