Energy News Beat

Chinese Refining Giants Resume Purchases Of Russia’s Flagship Crude

By Tsvetana Paraskova of OilPrice.com After a brief hiatus around the time the EU embargo and the G7 price cap on Russian crude came into force, China’s largest state-held refiners have resumed purchases of Russia’s … Continue reading

Troubling signs emerge as credit card debt hits record high

As credit card debt hit an all-time high — just shy of $1 trillion — in the final three months of 2022, delinquencies among borrowers accelerated. Balances grew $61 billion in the fourth quarter from … Continue reading

Carbon Offset Market Could Reach $1 Trillion With Right Rules

Doubts over credit quality and climate impact gave investors pause in 2022, but long-term demand could still drive massive growth: BNEF New York and London, January 23, 2023 – The total value of carbon credits produced … Continue reading

Barclays Vows To Stop Financing Oil Sands Projects

By Michael Kern of Oilprice.com, Barclays on Wednesday said it would no longer provide financing to oil sands companies or oil sands projects and tightened conditions for thermal coal lending in an updated policy, which … Continue reading

Natural Gas Futures Contracts Suggest Europe’s Energy Crisis Isn’t Over

By Tsvetana Paraskova of OilPrice.com Europe’s natural gas futures point to structurally higher prices for the rest of the year, as Europe will soon have to start filling inventories for the 2023/2024 winter. The TTF … Continue reading

Natural Gas Futures Contracts Suggest Europe’s Energy Crisis Isn’t Over

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