Hints and tips:
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...About 7mn barrels a day of crude oil and refined products flow through the Bab-el-Mandeb strait but the route has become vital for Russia to export to Asia with 4mn b/d heading south, according to Kpler...
...Community Interest Company....
...When one village resident wanted to join the green revolution by installing a heat pump in his English countryside home to replace an off-grid oil boiler, he had a frustrating year-long wait and paid a hefty...
...The project would help to reinvigorate the oil industry in Alaska, a state where production has slid to less than a quarter of the 2mn b/d produced in boom years of the 1980s....
...Once there, they would burst and release the gas....
...Glencore, British American Tobacco, DS Smith, National Grid, London Stock Exchange Group and Pearson declined to respond to the FT’s survey. A further 29 failed to respond....
...One of things Rishi Sunak mentioned correctly is that there are real limitations on the National Grid and its ability to meet the demands of the net zero agenda....
...It is now responsible for establishing a new benchmark for gas prices and will publish its first reference price for the bloc’s controversial gas price cap tonight....
...These cables, which are owned by private companies, including National Grid, lie along the seabed and are used to export surplus electricity when supplies are plentiful and import it when they are scarce...
...And then secondly, the job he is continuing to do is the head of a national state-owned oil company....
...plan B....
...Kwasi Kwarteng, business secretary, wrote to National Grid last week urging the FTSE 100 company to “significantly” increase the amount of electricity-generating capacity available over the winter, with...
...Contract Company, a consultancy....
...Anton Siluanov, Russia’s finance minister, warned in April that Russia’s oil production might fall 17 per cent this year, which would mean a drop of about 2mn b/d....
...M H1, Becton Dickinson and Company Q4, Bridgestone Q3, Brookfield Asset Management Q3, Continental Q3, Crédit Agricole Q3, Deutsche Telekom Q3, Grafton trading update, National Grid H1, Qinetiq H1, Ralph...
...Russia did generate a very, very big income from the money that European companies paid for its gas....
...UK output is still below its pre-pandemic level; (b) as a net importer of natural gas, with few storage facilities, the UK has suffered more from the energy crisis than the eurozone....
...It now expects consumption to rise by 5.7m b/d in 2021 to 96.7m b/d. That came a day after Opec boosted its own consumption outlook by 190,000 b/d, predicting growth just shy of 6m b/d this year....
...And so that bipartisan infrastructure deal includes a new grid deployment authority, which would let us at DOE designate corridors of national interests along those existing rights away, allowing for quicker...
...Several refineries around Texas’s Gulf of Mexico coast, a vital hub for the global fuel trade, were also forced to shut down or curtail operations, disrupting more than 3m b/d of crude processing capacity...
...“The state will continue to have a stake in these same companies,” he adds, including TAAG, the national airline....
...I’d hear Cardi B echoing from a car, Classic FM from a window, a cacophony of sirens....
...The 23-member alliance — of which the UAE is part — agreed last year to curb output by a record 9.7m b/d as demand collapsed....
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