Given what is happening at a macro political level, a Brexit crash landing looks increasingly possible
Global Energy Markets
Brexit Crash Landing – Key Issues For The Energy Sector
By Alex Harrison | Hogan LovellsSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Iran’s Long Road To Reintegrating With The World Financial System
By Katherine Bauer
The recent warning by the Financial Action Task Force to banks about dealings with Iran shows that the end of nuclear sanctions was only the start of a long process. In its first public statement on Iran since sanctions relief went into effect following implementation of the nuclear deal last month, the Financial Action Task… Keep reading →
Energy News Roundup: Chesapeake Surges, Markets Rally & 2015 Hottest Year On Record
By Conor O'Sullivan
Chesapeake Energy Corp surged 8% in premarket trade Friday, after the company said it is suspending its quarterly preferred stock dividends in an effort to save cash. [MarketWatch] U.S. stocks are rising Friday as energy prices continue to climb and give a boost to energy companies. [ABC] Last year shattered 2014’s record to become the… Keep reading →
Energy News Roundup: Obama’s Climate Legacy, Energy Stocks Rally & Agricultural Debt Crisis
By Conor O'Sullivan
Barack Obama will look back on 2015 as a banner year for climate change in his final State of the Union address on Tuesday evening. [The Guardian] Energy stocks started well this week as the price of oil turned higher after sliding to its lowest level in 12 years the day before. [ABC] Global surpluses… Keep reading →
Energy News Roundup: Storage Could Boom, Energy Companies Defaulting & Wind’s Health Hazard
By Conor O'Sullivan
Home energy storage is entering a new era as advanced lithium-ion chemistries are offering longer life-spans that could soon flood the market. [MIT Technology Review] The default rate among U.S. energy companies has accelerated in recent months to 4.8%, the highest level since 1999 and up from 3.3% in August, according to Fitch Ratings. [WSJ]… Keep reading →
Energy News Roundup: Chanos Challenges Icahn, Pipeline Construction Falling & New Clean Energy Legislation In California
By Conor O'Sullivan
Jim Chanos is locking horns with Carl Icahn over liquid natural gas, stating he’s betting against Cheniere Energy Inc., of which Icahn is the largest shareholder. [Bloomberg] Falling U.S. oil production and low crude prices are casting a shadow over infrastructural pipeline construction. [WSJ] California officials told a citizens oversight board Tuesday that they know of… Keep reading →
Energy News Roundup: Palin Announces Energy Sec Interest, Energy Layoffs Rising & Emera-TECO Merger
By Conor O'Sullivan
Sarah Palin has announced she’d be interested in becoming Donald Trump’s Energy Secretary before abolishing the department and relinquishing power to individual states. [Vox] Job cuts in the petroleum industry reached nearly 196,000 globally last week after ConocoPhillips said it would cut 10 percent of its workforce and other energy firms announced more layoffs. [Fuel Fix]… Keep reading →
Energy News Roundup: CPP Set To Be Finalized, Shell To Drastically Cut Jobs & July Ends With Energy Bonds Down
By Conor O'Sullivan
After a year of consultations and house debate President Obama’s Clean Power Plan will be finalised early next week. [BBC] The oil giant also said it would cut 6,500 jobs as the drop in oil and gas prices hinders its vast global exploration and production operations. [The NY Times] U.S. stocks traded in a narrow… Keep reading →
Energy News Roundup: Bipartisan Bill Enters The House, Energy Future Finds Funding & Energy Markets Continue To Struggle
By Conor O'Sullivan
The highly anticipated bipartisan energy bill has been formally introduced to the House, calling for longer utility energy service contracts, reauthorize weatherization and more study of grid storage. [Utility Dive] Hunt has teamed up with creditors of Energy Future Holdings to raise about $12.1 billion to repay the power company’s debt and convert its power… Keep reading →
Americans are not spending much of the money they’re saving at the pump. Some benefit in home prices and employment have come to areas with long commutes, but effects on retail spending have been “more ambiguous,” according to an analysis from Goldman Sachs economists. “Our view has been that the boost to real incomes from… Keep reading →
