Tag: coronavirus

March 19, 2020

If you’re looking for a little good news during this difficult time dominated by the coronavirus, gasoline prices have fallen, and in some places dramatically so. In Vermont, the lowest price reported on the vermontgasprices.com website (GasBuddy app) is Cunningham’s […]

March 18, 2020

With the threat of a worldwide pandemic, the Trump administration would be advised to quickly ease trade tensions with China. The coronavirus is disrupting global supply chains — a phenomenon that will likely continue for several months. China has promised […]

March 17, 2020

Solar accounted for 40% of all new electric generating capacity in the U.S. in 2019, its highest share ever and more than any other source of electricity, with 13.3 gigawatts (GW) installed. Despite policy challenges and a second year of […]

March 12, 2020

The world is responding to an outbreak of respiratory disease caused by a new coronavirus that was first detected in China and is now spreading across the globe, just yesterday determined to be a pandemic by the World Health Ogranization. […]

March 10, 2020

Last week’s unveiling of a landmark climate law in the European Union has come with a variety of new obligations for European companies. Each will have to do their part to meet the EU’s goal of completely decabonizing by 2050. […]

March 6, 2020

OPEC and non-OPEC allies have so far failed to agree on how much production to cut amid the coronavirus outbreak, with Russia reportedly refusing to give the green light to the deepest supply cuts since the global financial crisis. Oil […]

March 2, 2020

OPEC could deliver a larger-than-expected production cut at its meeting later this week, according to MUFG Bank. Oil prices have been under pressure since the outbreak of the coronavirus in January dampened the demand outlook for the year. Following the […]

March 2, 2020

Covid19 has now graduated from a concern to a pandemic, regardless of whether it is officially declared so. (Although it might have been by the time you read this.) It appears highly likely that the effect on the economy is […]

February 26, 2020

Despite some vaguely re-assuring words to the contrary from some senior members of the U.S. government, the Centers for Disease Control and Prevention’s warnings yesterday demonstrate that the global spread of the coronavirus will likely continue. China has been able […]

February 25, 2020

As global efforts to contain the coronavirus step up, the disease continues to affect the solar industry, with a subsidiary of major Filipino utility Meralco announcing that the commissioning of 135MW of solar projects has been delayed due to the […]

February 24, 2020

Oil slid more than 4% on Monday, falling into bear market territory as the number of coronavirus cases outside of China surged, worrying investors that a subsequent slowdown in the global economy could dent the demand for crude. U.S. West […]

February 20, 2020

When a financial crisis begins to unfold, it’s hard to assess the impact until well after the fact. The dot-com crash that started in 2000 and the subprime mortgage crisis that started in 2007 played out over several years. The […]

February 17, 2020

The global energy sector is sick because of the coronavirus. But the disease could have its most deleterious effect on the U.S. oil and gas industries, given that the president is trying to pressure China to buy more U.S-produced fossil […]

February 14, 2020

Manufacturing delays and supply chain constraints in China, caused by the coronavirus outbreak are starting to impact both upstream PV manufacturers and downstream installers in countries such as South Korea, India and Taiwan. Hanwha Solutions In a statement given to […]

February 14, 2020

China is the single most important growth market for liquefied natural gas (LNG). At the margins of LNG trade five years ago, government policy to improve air quality sparked a dash for gas. China has accounted for 40% of the […]

February 5, 2020

Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China as a sign fuel demand may rebound in the world’s biggest oil importer. Brent futures […]

February 3, 2020

OPEC and its allies could cut production by more than a million barrels a day at a rescheduled meeting this month, as policymakers work to arrest a double-digit collapse in the price of oil. “I think it is a ‘go […]

January 30, 2020

The World Health Organization (WHO) is currently convening a special committee in Geneva, Switzerland where it will likely advise Director-General Dr. Tedros Ghebreyesus to declare a Public Health Emergency of International Concern (PHEIC) on the outbreak of the novel coronavirus […]

January 29, 2020

OPEC’s battle to support oil prices as China’s coronavirus spreads internationally shows the producer group is struggling to wield the same influence over global crude markets, energy analysts have told CNBC. It comes amid speculation that OPEC and non-OPEC producers, […]

January 27, 2020

Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices. Oil bounced from the session low however, as a slowdown in Libyan […]