Charles Kennedy

Latest articles from Charles

• EU Debates Energy Prices And Net-Zero Goals

  Published 21 January 2022 | viewed 124 times

  The energy and environment ministers of the European Union (EU) member states are discussing at the end of this week the soaring energy prices in…

• U.S. Moves To Protect PDVSA-Owned Citgo For Another Year

  Published 21 January 2022 | viewed 2,204 times

  The Treasury Department extended a moratorium on transactions on a bond issued by the U.S. arm of Venezuela’s PDVSA, Citgo, for another year in the…

• BP, Rosneft Were Only Firms With Over 1 Billion Barrel Oil Finds In 2021

  Published 20 January 2022 | viewed 4,067 times

  BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year due to their exposure…

• New South American Energy Alliance Could Be A Gamechanger For Oil Markets

  Published 20 January 2022 | viewed 5,929 times

  The hottest oil countries in South America—Guyana, Suriname, and Brazil—are set to discuss later this week the setting up of a new energy alliance and…

• Buffett Eyes Largest Wind Power Project Ever In U.S.

  Published 20 January 2022 | viewed 6,097 times

  Warren Buffett’s investment firm Berkshire Hathaway has proposed a plan for a renewable energy project comprising wind and solar power that would cost $3.9 billion…

• Iraq-Turkey Pipeline Resumes Oil Flows After Explosion

  Published 19 January 2022 | viewed 1,721 times

  The 450,000-barrels-per-day Kirkuk-Ceyhan pipeline that carries crude from northern Iraq to Turkey’s Ceyhan port for export resumed oil flows on Wednesday after an explosion and…

• Regulator Wants EU Ban On Energy-Sucking Crypto Mining

  Published 19 January 2022 | viewed 2,150 times

  The European Union should consider banning the more energy-intensive method of cryptocurrency mining, as using a lot of energy undermines the bloc’s climate goals, the…

• ERCOT: Texas Is Ready For The Winter

  Published 19 January 2022 | viewed 2,107 times

  Texas is now ready for the winter, the state's Electric Reliability Council, ERCOT, reported to the Public Utilities Commission. Per a report by the Houston…

• China Sees 2022 As Crucial For Its EV Industry

  Published 18 January 2022 | viewed 3,434 times

  China considers this year as the crucial year for its new-energy vehicles industry to "go global," according to the Chinese industry ministry. In a meeting…

• Most U.S. States See Nuclear Power As Part Of Green Transition

  Published 18 January 2022 | viewed 1,892 times

  The majority of U.S. states and the District of Columbia see a future for nuclear power in their respective energy policies for a transition away…

• Poorest UK Households Face Heavy Energy Bill Burden

  Published 18 January 2022 | viewed 881 times

  The poorest UK households may end up having to spend a fifth of their income after housing costs on electricity, Bloomberg has reported, citing data…

• Saudi Arabia: It’s U.S. Prerogative To Release Oil From Its SPR

  Published 17 January 2022 | viewed 12,009 times

  It is the prerogative of the U.S. Administration whether to draw crude oil from its Strategic Petroleum Reserve (SPR), Saudi Arabia’s Energy Minister, Prince Abdulaziz…

• High U.S. Gasoline Prices Set To Dent Demand

  Published 17 January 2022 | viewed 6,092 times

  American consumers will drive less this year and will look to make fewer shopping trips due to the high gasoline prices and high inflation rates,…

• China Refined A Record Amount Of Crude Oil In 2021

  Published 17 January 2022 | viewed 2,336 times

  Crude oil processing rates in China reached a record last year, rising by 4 percent over 2020 to 14.13 million barrels daily, Bloomberg reported, noting…

• Senate Votes Against Nord Stream Sanctions

  Published 14 January 2022 | viewed 2,467 times

  The Senate voted 55 to 44 against a proposal for a new round of sanctions against the Nord Stream 2 natural gas project led by…

• EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply

  Published 14 January 2022 | viewed 19,700 times

  So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.pl,…

• Manchin Wants Nuclear Tax Credit Extended In Biden’s Build Back Better Bill

  Published 13 January 2022 | viewed 6,223 times

  West Virginia Democratic Senator Joe Manchin is seeking tax credits for nuclear power plants for 10 years instead of the six years as put in…

• Biden May Cut 2022 Biofuel Blending Mandates: Report

  Published 13 January 2022 | viewed 3,099 times

  President Joe Biden is considering a cut to this year's biofuels blending mandates focusing on ethanol and eying a cut below the 15 billion gallons…

• 19-Year-Old Hacks into 25 Teslas Simultaneously

  Published 13 January 2022 | viewed 5,290 times

  A 19-year-old German IT student and hacker said in a series of tweets this week that he had managed to gain remote control over more…

• EIA Sees Oil Prices Dropping In 2022, 2023

  Published 12 January 2022 | viewed 18,524 times

  Global inventory builds due to supply growth outpacing demand increases will pressure oil prices down this year and next, the U.S. Energy Information Administration (EIA)…