Day: October 7, 2023
Inflation Concerns Grow As U.S. Diesel Market Tightens
Low distillate inventories in the United States have tightened the diesel market during the harvest season and ahead of the winter heating season. Diesel and heating oil supply could become even tighter and pricier if U.S. manufacturing activity return…
ESG Investments Face Financial Hurdles
After several years of enthusiasm around environmental, social, and governance (ESG) investment, some financial experts are becoming increasingly pessimistic about the return on investment. There was a great deal of hype around sustainable or ESG inves…
Armenia Joins Rome Statute, Ignoring Russian Warnings
The Armenian Parliament on October 3 adopted a bill ratifying the Rome Statute of the International Criminal Court by a vote of 60 to 22. The largely figurehead president, Vahagn Khachaturyan, is expected to sign the bill and finalize the ratification…
Regulatory Hurdles Threaten Global Green Energy Ambitions
An effective green energy transition doesn’t just depend on the deployment of solar panels, wind turbines, and electric vehicle fleets – it also hinges upon a rapid buildout of all of the infrastructure that those components rely on, from long-term ene…
UK Electric Car Market Dips Slightly On Petrol Ban Reversal
New car registrations soared last month, industry figures show, as pent-up demand for new vehicles helped the auto sector motor towards its 14th consecutive month of growth. September was the second busiest month of the year, with a 21 percent jump tak…
Biden To Slash Offshore Oil And Gas Leasing In New Plan
President Biden has once again reduced oil and gas leasing after focusing on ramping up production from exciting oilfields in the last couple of years. In September, the Biden administration’s Interior Department launched a five-year plan for offshore …