Hints and tips:
...Even before BP’s announcement, global energy suppliers and commercial shippers had been avoiding the narrow Bab el-Mendeb strait at the southern end of the Red Sea, where tankers sail within easy striking...
...“We are facing a world where the Rhine depth at Kaub, Panama Canal transit numbers and reservoir stockpiles will be monitored as closely as the [US Energy Information Administration’s] petroleum reports...
...We get it: the East India Company’s minions saw those whose lives they ran as anonymous, interchangeable masses. Wood did not....
...“It points to a greater ability to disrupt merchant shipping in the region,” she added....
...South America braces for the impact of El Niño, with extreme weather expected to bring $300bn economic hit to growth. Energy Source is written and edited by the FT’s global energy team....
...As Saudi Arabia enjoyed an unprecedented oil boom in the 1970s, the monarchy turned to a handful of merchant family companies to build the nation’s infrastructure....
...El Salvador got rid of subsidies for the liquefied petroleum gas commonly used as a cooking fuel. But reforms can come at a political cost and subsidies have a habit of coming back....
...“The UAE gives you that platform to transact, trade and travel freely,” says the chief executive of an energy trading company set up in Dubai in the past five years....
...The signal from the election, Biden will no doubt argue in Sharm el-Sheikh, is that his clean energy and climate agenda has been validated by voters....
...The regional glut has been exacerbated this week by scheduled maintenance on the Kinder Morgan-operated Gulf Coast Express and El Paso Natural Gas pipelines, which carry gas from away from the Permian Basin...
...Days before the start of COP, Egypt’s minister of petroleum and mineral resources, Tarek El Molla, said gas would “continue to play a key role in the future energy mix”....
...It picks out Zonke Energy — which is bringing clean energy to off-grid township communities in South Africa, with mini-grids designed for urban settings — and Ignite Power, an infrastructure company selling...
...Just under 10 per cent of global seaborne petroleum trade goes through the Gulf of Aden, the waterway between Yemen and the Horn of Africa, according to the US Energy Information Administration....
...Mexico sent more than 80 personnel from its military and state oil company Pemex, along with three helicopters, while Venezuelan oil minister Tareck El Aissami announced the country was sending 35 specialists...
...He chaired the holding company that owned The Economist magazine from 1972 to 1989. EL Rothschild, the family investment office established with his wife, retains a stake in the media group....
...(Simon Mundy) Quote of the day “This is not a problem that just the oil and gas industry has” Vicki Hollub, chief executive of US company Occidental Petroleum, told a corporate leadership and net zero...
...Egypt’s petroleum minister Tarek el-Molla said that the deal, which will run for three years and can be extended for two more, was a “milestone” and could lead to further co-operation between other Mediterranean...
...The picture that inspired Scott’s post-Katrina rethink also hangs in Walmart’s emergency operations centre, the windowless bunker from which Walmart co-ordinated its response to a shooting in El Paso, riots...
...That spells trouble for private as well as public market investors, writes Mohamed El-Erian....
...Reach Energy, set up to acquire an oil and gas production company, has plunged 92 per cent since listing in 2014 in Malaysia....
...These fields could produce for two decades, generating perhaps $40bn of revenue, according to South Africa’s Rand Merchant Bank....
...She then travels to China to see why manufacturing jeans there costs only a fifth the price it does in El Paso, Texas, once the denim capital of the world — low wages and poor environmental and worker protections...
...The energy major, whose chief executive Bernard Looney has been leading a pivot towards renewable energy, said underlying profit on a replacement cost basis rose to $2.8bn in the second quarter, surpassing...
...Some companies report that they are unable to rehire workers....
...El Salvador has even adopted it as an official currency....
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