Tag: energy
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Can Europe compete economically with US and China? MEPs on The Ring
From Artificial Intelligence to rare minerals, from Trump’s tariffs to China’s cheap exports – in this edition MEPs Jörgen Walborn (EPP) and Lina Gálvez (S&D) talk about the global economic challenges that lie ahead and that impact all of us in Europe. #TheRing
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Strait of Hormuz threat level downgraded after Iran deal, says U.S.-led maritime security group
The behavior of Iranian forces “has become less volatile” and the U.S. Navy continues to provide oversight, the Joint Maritime Information Center said.
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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.
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Yes, the universe’s expansion is still accelerating, researchers say
WASHINGTON, June 16 : Taking a fresh look at data involving a specific type of stellar explosion, a team of researchers says it has confirmed the long-accepted notion that the universe is expanding at an accelerated rate – the very observation that led to the identification in the 1990s of an enigmatic cosmic force
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Sigh of relief in Africa as the Strait of Hormuz ‘reopens’
A potential US-Iran agreement could lower energy-, fertilizer- and food prices in Africa if the Strait of Hormuz fully reopens. Oil exporters such as Nigeria and Angola might have to cope with less revenue, experts say.
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Venezuela signs deal with US energy giant to rebuild energy grid
The deal with General Electric is the latest sign of co-operation between US firms and Venezuela’s interim government.
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How geothermal energy could power US homes
Advancements in geothermal systems and sustained political support in the US provide an opportunity for this clean energy industry to scale.
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The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
Oil executives have warned that global inventories are rapidly depleting due to the supply disruption triggered by the Iran war.
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How the Strait of Hormuz reopening could unfold if the U.S.-Iran deal is implemented
Tanker traffic through Hormuz could quickly increase but it is unclear whether transits will approach prewar levels, according to Kpler.
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US energy shares slump as Iran deal lowers Hormuz supply disruption risk
June 15 : U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a vital oil transit chokepoint.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, said the prime m
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