Enter the e-mail address you used when you registered an account with IIR Energy.
A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.
|Palestinian prime minister, cabinet offer to resign in step toward post-Gaza war overhaul
|Palestinian Authority Prime Minister Mohammad Shtayyeh offered the resignation of his government on Monday, opening the door for a new technocratic administration under President Mahmoud Abbas. The United States and Arab allies have been seeking to revitalize the governing body with the hope it can take on a role in Gaza following the war.
|U.S. Oil Rig Count, Sanctions on Russian LNG Companies: Your Daily Energy News
|Israel-Hamas war: Cease-fire negotiations inch forward as Israel plans Rafah ground offensive
|PVC Industry Thrives Amid Global Urbanization
|European Leaders to Gather in Paris to Bolster Ukraine at 'Critical Moment'
|European leaders were set to gather in Paris on Monday in an attempt to showcase unity and resolve in their support for Ukraine as the embattled country confronts a dire situation on the battlefield against Russia and in Washington, where Republicans in Congress are blocking badly needed financial aid.
The meeting, convened by President Emmanuel Macron of France, is scheduled to include about 20 or so heads of state and top officials, including from Britain, Germany, the Netherlands, Poland and Spain. President Volodymyr Zelensky of Ukraine is to attend the evening meeting by videoconference.
|New York Times
|Europe Cut Reliance on Russian Gas by Half in 2023
|Chinese floating barrier at South China Sea flashpoint was 'necessary', Beijing says
|China on Monday said it was "necessary" to set up a floating barrier at the disputed Scarborough Shoal in the South China Sea, where it has had frequent flare-ups with Philippine forces.
Asked about new satellite images of the barrier blocking the entrance of the shoal's lagoon, Chinese foreign ministry spokeswoman Mao Ning said the shoal, called Huangyan Island in Chinese, was the country's "inherent territory".
"Recently, the Philippine side has taken a series of actions which violate China's sovereignty," Mao said in Beijing.
|South China Morning Post
|South Korea's S-Oil Invests US$4.8 Billion in Chemical Projects
|Natural Gas and Oil Analysis: NG Rallies Over 5%; Stronger Dollar Weighs on Oil
|Oil prices saw a decline on Monday, continuing from the previous session's drop as the dollar strengthened due to concerns that persistently high U.S. inflation might postpone anticipated cuts in U.S. interest rates. Goldman Sachs has adjusted its peak summer price projection for Brent upwards, expecting a demand growth, notably from the U.S. and India, balanced against robust non-OPEC supply growth.
Natural Gas Price Forecast
Natural Gas (NG) experienced a notable surge, climbing 5.65% to $1.7760 in today's 4-hour trading session. This movement places NG above its pivot point at $1.7333, indicating bullish momentum. Resistance levels are identified at $1.8060, $1.8661, and $1.9291, marking potential targets for upward movement.
|Green Hydrogen Production Spurs New Spending in Green Hydrogen Storage Facilities
|Asset managers' green U-turn exposes energy transition cakeism
|One of the received tenets of the energy transition was that there was no trade-off between green investing and making money. The dirtier companies were going to underperform, while the cleaner ones would roar ahead. Investors could hence starve the former of capital and provide it in spades to the latter, doing their bit for the planet while making outsize returns.
The narrative of a perfect correlation between doing good and doing well has now broken down. Witness the spate of high-level desertions suffered by Climate Action 100+, an association of investors that engages with polluting companies to reduce emissions. In a few days, it lost JPMorgan Asset Management, State Street and Pimco. BlackRock has moved its membership from the huge corporate entity to its much smaller international business.
|BASF Touts Growth in North American Chemical, Battery Markets
|Week 02/19/24 - 02/26/24
|Increasing geopolitical tensions from Eastern Europe to the Middle East to Asia have both world leaders as well as energy commodity markets concerned. Are there meaningful resolutions forthcoming; such that the world can turn its attention to addressing economic stress and strife as well as determining a viable, sustainable path forward in regard to the energy transition and transformation? Or is the world going to find itself at an impasse as winter turns to spring, which itself unfolds into another likely summer of extremes, leading into a tumultuous COP29--with about 200 nations who pledged to wind down fossil fuels and triple renewables unable to set aside geopolitical agendas?
|*MarCon (Market Condition 1-5, with 5 being the highest impact) indicates directional bias or price effect for the relevant commodity (Oil, Natural Gas, Chemicals, etc.) and is graded by our team of experts here at IIR.