The World News Monitor – Business Information for Sustainable Development
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Business

Asian Natural Gas Importers Race To Stock Up Ahead Of Winter

OilPrice.com | Nov 3, 2022 at 5:30 AM

Japan, South Korea, and China are increasing the pace of stockpiling on natural gas ahead of the winter with inventory levels above the five-year average as the biggest energy importers in North Asia look to avoid buying LNG on the spot market during the winter.

BP Looking At Billions in Buybacks For Q4

OilPrice.com | Nov 2, 2022 at 4:30 PM

BP has high energy volatility to thank for the impressive earnings.

Gas crisis causes rethink of energy sources for district heating

Euractiv | Nov 2, 2022 at 12:41 PM

In recent years, energy companies operating large combined heat and power plants were looking to switch from coal to gas as a stepping stone towards decarbonisation.

Russian LNG Exports Rise Despite The Push To Cut Dependence On Russia

OilPrice.com | Nov 2, 2022 at 12:30 PM

Russian exports of liquefied natural gas (LNG) rose in October to their highest level since March, vessel-tracking data compiled by Bloomberg showed on Wednesday.

Will the West’s Oil Addiction Keep Us Tied to Dictators?

Shale Magazine | Nov 2, 2022 at 10:45 AM

As much of the world continues to battle with energy shortages and rising oil and gas prices, it has become clear just how much we continue to rely on a few specific powers to provide the world with much-needed fossil fuels.

Venezuela’s Oil Exports Plunge In October

OilPrice.com | Nov 2, 2022 at 10:30 AM

Petrochemical and oil by-product exports, however, rose, partly offsetting the low crude and product exports.

The Green Brief: Why Brussels hates price caps on fossil fuels

Euractiv | Nov 2, 2022 at 9:55 AM

Electricity prices in Spain rose by 32.2% during the first half of 2022, an increase of more than double the average of other EU countries (13%).

German regional chief: Russian gas should be used after war

Euractiv | Nov 2, 2022 at 8:35 AM

Germany should use Russian gas once the Ukraine war is over and keep nuclear plants running longer, Saxony’s Prime Minister Michael Kretschmer said during Climate Action Minister Robert Habeck’s visit to the region on Tuesday.

The energy crisis gives the US a chance to woo big European companies

Financial Times | Nov 2, 2022 at 6:01 AM

…over European corporate decisions for years. Even as companies invest in green energy and improve energy efficiency, some are also rethinking their geographic footprint. BASF…

Panning for equities gold amid UK market gloom

Financial Times | Nov 2, 2022 at 6:01 AM

…Bellway has a three-year land bank — an asset in short supply. It is yielding 8 per cent currently….

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