POLI

Energy investment strategy update fails to win over environmentalists

Energy investment strategy update fails to win over environmentalists

June 24 (Reuters) – Years-long talks over updating an international energy investment ended on Friday with a provisional deal which would allow the exclusion of fossil fuels interests but not fast enough to silence environmental campaigners’ complaints that it generals efforts to curb climate climate change. The 1994 Energy Charter Treaty (ECT) was designed to …

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GLOBAL ECONOMY US recession fears darken outlook for global growth

GLOBAL ECONOMY US recession fears darken outlook for global growth

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

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Cheniere Energy authorizes expansion at Texas LNG export plant

Cheniere Energy authorizes expansion at Texas LNG export plant

A sign of US LNG company Cheniere is seen at the registration counter at the International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, China April 1, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Top US liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) …

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Harbor Energy CEO warns of lower UK investment due to windfall tax

Harbor Energy CEO warns of lower UK investment due to windfall tax

LONDON, June 21 (Reuters) – The North Sea’s largest oil and gas producer, Harbor Energy (HBR.L), has told the British government that Britain’s planned windfall tax on the energy sector will shrink the company’s investment in the country. With oil and gas prices soaring and households feeling the hit from higher prices across the board, …

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Australian power station fire will not worsen energy crisis -market operator

Australian power station fire will not worsen energy crisis -market operator

The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, June 19 (Reuters) – A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, …

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US energy chief to discuss record pump prices with refiners next week

US energy chief to discuss record pump prices with refiners next week

WASHINGTON, June 16 (Reuters) – US Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure over record prices with inflation …

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