Blogs by data management Experts & Analysts | ZEMA Global Data Corporation
Blogs by data management Experts & Analysts | ZEMA Global Data Corporation
Blogs by data management Experts & Analysts | ZEMA Global Data Corporation
Blogs by data management Experts & Analysts | ZEMA Global Data Corporation
It’s a perfect storm. Liquefied natural gas prices have plummeted on a combination of demand destruction caused by the COVID-19 pandemic, and fast-growing supply as a wave of new export facilities have added to global capacity. The extent of the price plunge was brought home to the market last week when trader Vitol sold a […]
European carbon allowance (EUA) prices reached in mid-July a 14-year high of €30.80, just 20 cents shy of an all-time record, as buyers flooded into the market and speculators hedged options positions. Prices have fluctuated between €26 and €29 since then, as some short-term traders took profit, but there seems to be a strong undercurrent […]
Over the last few weeks, two utilities – SSE and RWE – closed their last working coal-fired power stations in the UK, leaving the country with just four coal-based plants supplying electricity to the grid. By the end of 2019, coal’s contribution to the country’s power supply had slipped from 70% in 1990 to less than […]
Two weeks of negotiations in Madrid last December were not enough to reach an agreement on how the world should cooperate on cutting emissions. Representatives of more than 190 countries failed to reach a deal on guidelines for global emissions trading that sets the process back by a full year. The collapse of the talks […]
Oil refiners may soon find themselves the target of an effort to cut greenhouse gas emissions in the northeast US using a cap-and-trade program. A number of northeast US states are revving up to create a cap-and-trade program to cut CO2 emissions from cars and trucks. This effort could end up creating the largest carbon […]
The landmark cap-and-trade program has helped put the Golden State on track to meet its near-term greenhouse gas emissions goal – without wrecking the economy. Will others follow? California and market partner Quebec easily sold off all of the carbon allowances offered at their latest auction, continuing a run of success that state leaders in […]
As global oil markets remain heavily oversupplied, Russia’s crude production has shown surprisingly strong growth from the start of 2015. This has sparked concerns its extra barrels could put additional pressure on prices when expected new volumes from other parts of the world, including Iran, flow to the market. But as with many things in […]
There’s an economic argument to be made for lifting US crude oil export restrictions, and then there’s the argument that American oil could go a long way toward providing security to the US and its allies. Brian Scheid explains in this week’s Oilgram News column, Regulation and Environment. Rather than heralding the looming light oil […]
Someone had to do it, and it might as well have been one of the biggest names in US shale. Having whittled its 2015 capital budget down to $5 billion, 40% lower than last year, US producer EOG Resources last week made the tough call of forfeiting production growth this year, saying it would drill […]
