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That risk has been put under the spotlight by the burning car carrier drifting off the Dutch coast. While all logistics companies deal with the risk of EV lithium-ion batteries burning with twice the energy of a normal fire, the maritime industry hasn't kept up with the developing technology and how it creates greater risk, maritime officials and insurers said. There were 209 ship fires reported during 2022, the highest number in a decade and 17% more than in 2021, according to a report from insurer Allianz Global Corporate & Specialty (AGCS) (ALVG.DE). The European Maritime Safety Agency said in a March report the main cargo types identified as responsible for "a large share of cargo fire accidents included ... lithium-ion batteries." Firemen typically put out EV battery fires on roadsides by clearing the area around the burning vehicle and flooding the underside with water, something difficult to do on a RoRo, Dillon said.

Persons: hasn't, EVs, Shoei, Nathan Habers, Douglas Dillon, John Frazee, Marsh, Dillon, Frazee, KVNR's Habers, Joe Biden's, Lisa Baertlein, Anthony Deutsch, Victoria Waldersee, Ben Klayman, Diane Craft Organizations: Allianz, ANGELES, Dutch coastguard, RTL, Allianz Global Corporate, Specialty, Maritime Safety Agency, Royal Association of Netherlands, Tri, Maritime Safety Association, Auto, Firemen, EV, International Maritime Organization, Reuters, Thomson Locations: AMSTERDAM, Dutch, EVs, Delaware, Pennsylvania, New Jersey, China, Europe, Los Angeles, Amsterdam, Berlin

☆ NASA Seeks a Nuclear-Powered Rocket to Get to Mars in Half the Time
▼ + stars: | 2023-07-26 | by ( Kenneth Chang | More About Kenneth Chang | ) www.nytimes.com time to read: +3 min

A Number That Sums It Up: 3 to 4 months to MarsWhat if a spacecraft could get to Mars in half the time it currently takes? Every 26 months or so, Mars and Earth are close enough for a shorter journey between the worlds. “The technical capabilities, including early safety protocols, remain viable today,” Tabitha Dodson, the DRACO project manager, said in a news briefing on Wednesday. A key difference between NERVA and DRACO is that NERVA used weapons-grade uranium for its reactors, while DRACO will use a less-enriched form of uranium. The demonstration spacecraft would most likely orbit at an altitude between 435 and 1,240 miles, Dr. Dodson said.

Persons: Agency —, NERVA, ” Tabitha Dodson, DRACO, ” Dr, Dodson, Kirk Shireman, Lockheed Martin Organizations: DARPA, Orion, NASA, Air Force, Research, Agency, Rover, Lockheed

☆ Lockheed gets US defense contract to develop nuclear-powered spacecraft
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +1 min

July 26 (Reuters) - Weapons maker Lockheed Martin (LMT.N) has been awarded a contract by a U.S. Department of Defense agency to develop a nuclear-powered spacecraft for the purposes of exploration and national defense, the company said on Wednesday. Lockheed Martin said the project is an advancement in propulsion technology – from chemical propulsion engines to nuclear thermal propulsion (NTP) engines. "These more powerful and efficient nuclear thermal propulsion systems can provide faster transit times between destinations. The Defense Advanced Research Projects Agency (DARPA) awarded the contract to Lockheed under a project called Demonstration Rocket for Agile Cislunar Operations (DRACO). The in-space flight demonstration of a nuclear thermal rocket engine vehicle will take place no later than 2027, Lockheed said.

Persons: Lockheed Martin, Jeff Bezos, Kirk Shireman, Kannaki, Shailesh Organizations: Lockheed, U.S . Department of Defense, Origin, Elon, SpaceX, Lunar, Lockheed Martin Space, Research Projects Agency, DARPA, Agile Cislunar, Thomson Locations: Bengaluru

☆ Goldman: The market is missing these 'highly compelling' global stocks — and 2 are on its conviction list
▼ + stars: | 2023-07-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Goldman Sachs has named a number of European renewable energy stocks it says the market is missing — and says it expects the sector to bounce back after a period of declining returns. The growth in renewable energy is "highly compelling," the bank said, owing to the European energy crisis, a decline in costs for wind and solar energy, and the European Union's focus on mitigating climate change. "RWE is among the best-placed [renewable energy storage] developers to capture the expanding addressable market in the US, Germany and the rest of Europe," the analysts stated. As the pipeline builds we expect the company to unlock further value," the analysts stated. Conviction list stocks Two of Goldman's stock picks are on its conviction list of most favored stocks.

Persons: Goldman Sachs, Alberto Gandolfi, Goldman, Enel, — Organizations: EDP Renewables, ENEL, Scottish, Renewables, LevelTen Energy Locations: Orsted, US, Germany, Europe

☆ China is sending enough military gear, including drones, to Russia to equip an army, thanks to a loophole in the West's attempts to stop Putin's war machine: report
▼ + stars: | 2023-07-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Russian buyers are ordering significant amounts of Chinese military equipment, Politico reported. Russia has imported more than $100 million of drones from China this year alone, the report found. China has repeatedly denied sending military equipment to Russia since it launched its full-scale invasion of Ukraine in February 2022. But the US said it had not seen any evidence that China had given Russia weapons or lethal aid. Ukraine is also a customer for Chinese weapons, though Politico reported that its imports of many types of Chinese equipment have plummeted in 2023.

Persons: Vladimir Putin, hasn't, Helena Legarda Organizations: Politico, Service, Privacy, China, Ukraine, The Washington Post, Win, UK Ministry of Defence, Mercator Institute for China Studies Locations: Russia, China, Wall, Silicon, Ukraine, Shanghai, Russian, Bakhmut

The market for e-bike delivery has grown dramatically in the past few years. Here's how startups, delivery companies, and city governments are improving safety. The explosion of delivery startups and e-bikes in the past few years has led to a new type of boom: increasing battery fires. "E-bike batteries are made up of a bunch of small batteries stacked together," Charlie Welch, ZapBatt's cofounder and CEO, said. JOCOOther startups, such as Popwheels, are engineering safe batteries that are compatible with the e-bikes delivery drivers already own.

Persons: —, Uber, Ravindra Kempaiah, Michael Pecht, Brian O'Connor, O'Connor, Charlie Welch, ZapBatt's, Welch, Jonathan Cohen, Grubhub, Jonathan A, Cohen, David Hammer, Hammer, Baruch Herzfeld, they've, We've Organizations: Bloomberg, Zen Electronics, University of Maryland, Fire Protection Association, UL Solutions, US Consumer Product Safety Commission, UL Locations: New York City, New York, Halifax , Nova Scotia, China, Carlsbad , California, Brooklyn , New York

☆ How the Hunt for a Lioness Near Berlin Turned Into a Wild Boar Chase
▼ + stars: | 2023-07-22 | by ( Catie Edmondson | More About Catie Edmondson | ) www.nytimes.com time to read: +1 min

A frenzied hunt for a loose lioness on the outskirts of Berlin that prompted the deployment of helicopters, drones and night-vision-goggle-clad police officers came to an unexpected end after the authorities announced that it was likely a case of mistaken identity. After experts were called in to analyze grainy cellphone footage that prompted a two-day search, they independently came to the same conclusion: “We think that this photo probably shows a wild boar,” Michael Grubert, the mayor of Kleinmachnow, just southwest of the German capital, said at a news conference on Friday afternoon. It was an anti-climactic end to a search that captivated Germany and upended a constellation of communities on the southern edge of the city, after officials sent more than 100 police officers — equipped with riot gear, thermal imaging cameras and at least one armored vehicle — thrashing through a trio of heavily wooded towns. The lioness-turned-pig saga began when two men captured a short, blurry video of what they believed was a lion chasing a wild boar and reported it to the police around midnight Thursday. The search began quickly and escalated rapidly.

Persons: ” Michael Grubert Locations: Berlin, Kleinmachnow, Germany

☆ Scientists identify which butterflies are most at risk as the climate warms
▼ + stars: | 2023-07-21 | by ( Jenna Schnuer | ) edition.cnn.com time to read: +8 min

But when things really heat up, they adjust their body temperature in relation to the air temperature through strategies called thermal buffering and thermal tolerance. Thermal buffering includes physical acts like moving into a cooler, shadier area or slanting wings out of the direct path of sunlight. “These are molecules that many animals, butterflies and humans included, produce to protect themselves from high temperatures,” Ashe-Jepson said. For the thermal buffering test, the researchers caught, tested and released 1,334 butterflies representing 54 species from six butterfly families. To test thermal tolerance, a smaller group of the captured butterflies was put to work one more time.

Persons: —, ”, Esme Ashe, Jepson, ” Ashe, “, Ashe, Akito Kawahara, they’ll, ” Kawahara Organizations: CNN, University of Cambridge, Smithsonian Tropical Research, McGuire, University of Florida Locations: United Kingdom, Panama, Biodiversity, Gainesville

The country recorded massive increases in generation from hydro (+64 billion kWh), solar (+13 billion kWh) and wind farms (+9 billion kWh). As a result, there was a sharp decline in thermal generation (-66 billion kWh) including gas (-45 billion kWh), oil (-10 billion kWh), coal (-8 billion kWh) and biomass (-3 million kWh). Hydro power was +43 billion kWh (+11%) above the prior ten-year average in 2022 and the highest for any year since 2011. In consequence, gas-fired generation was -24 billion kWh (-37%) below the prior ten-year average and the lowest since 2011. LNG IMPORTS DOWNBrazil relies on imports to cover more than a quarter of its gas consumption – rising to almost half in years when gas generation is high.

Persons: John Kemp, Barbara Lewis Organizations: U.K . Energy Institute, Hydro, HYDRO, National Electric, ., Ministry of Mines and Energy, Thomson, Reuters Locations: Brazil, Europe, Chartbook, Bolivia, United States, Qatar, Trinidad and Tobago, Asia, Midwest

☆ BlackRock's ESG backlash looms over Larry Fink's legacy and succession
▼ + stars: | 2023-07-18 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +11 min

"BlackRock has posted industry-leading organic growth over the last year while most of our competitors are experiencing persistent outflows," a company spokesperson told Insider. I criticize the way they defended it," Seifert told Insider. "Given no mortal can fill Larry's shoes, there is a high risk they pick some Jeff Immelt equivalent," Keeley told Insider. Fink chose to make his letters public, which leads to concerns that Fink wrote them as a PR exercise. However, the most effective engagement is typically private," Edmans told Insider.

Persons: Larry Fink, It's, Fink, hasn't, Larry, BlackRock, BlackRock's, Terrence Keeley, —, it's, Ron DeSantis, GIORGIO VIERA, Erik McGregor, Keeley, They're, Cathy Seifert, Seifert, Rob Kapito, Mark Wiedman, Martin Small, Rachel Lord, Susan Wagner, Jack Welch, Jeff Immelt, Welch, Electric's, Immelt, Tim Buckley, Abby Johnson, Ron O'Hanley, Jamie Dimon, Alex Edmans, Edmans, Michael M, he's, I've, Rob Organizations: BlackRock, Republicans, GOP, Bloomberg, CNBC, Florida Gov, Getty, UBS, Environmental, CFRA Research, Company, JPMorgan, Citi, GE, Vanguard, Fidelity, London Business School Locations: BlackRock, Texas, Florida, Fink

☆ ‘Underground climate change’ is deforming the ground beneath buildings, study finds
▼ + stars: | 2023-07-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —A phenomenon that scientists have called “underground climate change” is deforming the ground beneath cities, a study conducted in Chicago has found. Technically known as “subsurface heat islands,” underground climate change is the warming of the ground under our feet, caused by heat released by buildings and subterranean transportation such as subway systems. “Deformations caused by underground climate change are relatively small in magnitude, but they continuously develop,” he said. “Calling it climate change seems like a bit of a coattail thing,” Archer, who was not involved with the study, said. The term “underground climate change,” however, was not coined for this study — it has been in use, and the phenomenon a subject of research, for some time.

Persons: ”, Alessandro Rotta Loria, Rotta Loria, David Archer, ” Archer, Rotta, Bruce Leighty, David Toll Organizations: CNN, Northwestern University, University of Chicago, “, Communications Engineering, Chicago, Institute of Hazard, Durham University Locations: Chicago, Evanston , Illinois, Grant Park, Lake Michigan, United Kingdom

☆ Ukraine is rushing uniforms for female soldiers after complaints that poor-fitting men's clothes are holding them back on the battlefield
▼ + stars: | 2023-07-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukrainian female soldiers say they struggle with men's baggy uniforms and equipment. The military is now testing clothing specifically for female soldiers, officials and reports said. Her sister, Julia, also serving in the military, told The Beast that women struggle without equipment to help them go to the bathroom while on the battlefield. The women's complaints line up with those previously voiced by female Ukrainian soldiers. The group had sent out free equipment to more than 5,000 female soldiers as of March, CBS News reported.

Persons: Insider's Erin Snodgrass, that's, Yevheniia, Alina, Julia, Olga Ushakova, Anastasia Mohina, Alina Pyrenko Organizations: Service, Agence France, Presse, CNN, Daily, CBS News, Associated Press Locations: Wall, Silicon, Ukrainian

Vietnam targets LNG-sourced gas generating up to 22.4 gigawatts (GW) of power by 2030, enough to power 20 million households and account for nearly 15% of national power supply. Complicating LNG efforts, much of Vietnam's planned gas power investment is directed to the south of the country despite the under-served north's greater vulnerability to blackouts. Reuters GraphicsThe first plant due to come online, the Nhon Trach 3 facility being built by state-run PetroVietnam Power (PV Power) (POW.HM) near Ho Chi Minh City, is scheduled to begin operation in late 2024. Takafumi Akino of Tokyo Gas, which is building an LNG terminal and a gas plant in northern Quang Ninh province, predicted "hard negotiations". PV Gas said this month it was in talks with U.S. energy giant ExxonMobil and Russia's Novatek on LNG cooperation.

Persons: Thi, Kaushal Ramesh, EVN, Japan's Marubeni, Takafumi, Rystad's Ramesh, Francesco Guarascio, Khanh, Emily Chow, Florence Tan, Phuong Nguyen, Tony Munroe, William Mallard Organizations: European Chamber of Commerce, Reuters, Energy, Tokyo Gas, Industry, Plant, Foreign, Delta Offshore Energy, Gulf International Holdings, Delta Offshore, Gulf Energy Development, Buyers, PV Gas, ExxonMobil, Russia's, Gas, Thomson Locations: Vietnam, Hanoi, HANOI, China, Thailand, Singapore, Philippines, Ho Chi Minh City, Oslo, U.S, Tokyo, Quang Ninh, South, Southeast Asia, Asia, Khanh Vu

☆ Our bodies, buildings, and computers give off a lot of waste heat. Cities and scientists are learning to harness it for energy.
▼ + stars: | 2023-07-14 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Green pipes in the Neighbourhood Energy Utility energy center divert sewage to heat pumps. Data centers can heat homes tooAcross the ocean, Stockholm is tapping into a major heat source: data centers. They found that in about 25% of those places there was enough heat underground to recycle for energy. Benz says it's worth considering adding those underground pipes as part of new construction, especially building new streets, which absorb extra heat. Of course, underground heat builds up the most in summer, when people don't need to heat their homes.

Persons: Derek Pope, Pope, Johanna Nerell, Nerell, Yui Mok, Susanne Benz, Benz Organizations: Green Tech, Service, US Environmental Protection Agency, EPA, City of, Winter, City Council, Stockholm, Nature Communications, Reuters Locations: Europe, Canada, Glasgow, London, Vancouver, City, City of Vancouver, Vancouver , British Columbia, Stockholm, Mongolia, Islington

☆ Some customers are complaining that a $3,000 temperature-controlled mattress that's praised by Elon Musk and Mark Zuckerberg is prone to leaks
▼ + stars: | 2023-07-13 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

A high-tech mattress by Eight Sleep, apparently beloved by the tech elite, reportedly leaks. One customer tweeted a photo of an Eight Sleep mattress with a large leak, Bloomberg reported. The company told Insider it "worked tirelessly" to address an issue affecting "a small fraction" of users. A high-tech mattress company whose mattresses retail for about $3,000 – and have the stamp of approval from tech's elite like Elon Musk – is reportedly prone to leaks. One customer shared a photo on Twitter over the weekend that showed a large wet patch on his Eight Sleep mattress, which is temperature-controlled using water.

Persons: Mark Zuckerberg, Andrew Ross Sorkin, we've Organizations: Bloomberg, Elon, New York Times

☆ Column: Vietnam's coal emissions primed for surge after imports jump: Maguire
▼ + stars: | 2023-07-12 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

July 12 (Reuters) - Vietnam's thermal power emissions are primed for a steep climb this summer after the country's imports of thermal coal soared to their highest levels in three years in May and June. The recent import spree brings Vietnam's total imports for the first half of 2023 to roughly 13.5 million tonnes, which is the highest for that period since 2020, when Vietnam's full-year coal imports hit an all-time high. BACKSLIDINGThe sharp rise in thermal coal imports snaps a lengthy quiet spell by Vietnam, the 18th largest CO2 emitter globally in 2022, on international coal markets. EMISSIONS TRAJECTORYTo provide enough power for both elevated air conditioner use and higher production line output, Vietnam's power producers are likely to have increased power generation from coal plants. Data on power generation since March is not yet available, but historically there has been a clear relationship between the country's thermal coal imports and its subsequent thermal power output and emissions, with coal imports leading output and emissions by a few weeks to a month or so.

Persons: Ember, Gavin Maguire, Louise Heavens Organizations: Reuters, Thomson Locations: Vietnam, China, COVID, Beijing, Asia, Kpler

A Venture Global LNG spokesperson did not comment on the Shell and BP claims. Shell and BP missed out on billions of dollars in sales that went to Venture Global LNG because they were unable to get their contracted fuel, one of the people familiar with the arbitration filings said. Another Venture Global LNG contract customer, Spanish energy firm Repsol SA (REP.MC), has asked U.S. regulators to release confidential records that would shed light on the plant's startup. Founded by a former energy lawyer and investment banker, Venture Global LNG has emerged as a market force with its ability to obtain financing and rapidly build export plants. The contracts were tied to Calcasieu Pass LNG, the first of Venture Global LNG's three planned facilities.

Persons: Costas Baltas, Ira Joseph, Marwa Rashad, Curtis Williams, Scott DiSavino, Gary McWilliams, David Gregorio Our Organizations: REUTERS, Top, Shell, BP, U.S, Venture Global LNG, Venture Global, London Court, International, Edison SpA, Repsol SA, Columbia University's Center, Global Energy, Thomson Locations: Bermuda, Revithoussa, Greece, Europe, Calcasieu, London, Houston

One of the best SSDs for the PS5 is seeing a huge discount on Amazon Prime Day. And check out our list of best Prime Day hard drive deals. The best Nextorage SSD dealsDeal icon An icon in the shape of a lightning bolt. This SSD offers 2TB of storage, and during Prime Day it's down to $112, the lowest price we've seen. It's nearly $300 off during Prime Day, which brings it to a record low price.

Persons: you'll, Nextorage Organizations: Amazon, Sony, PlayStation

☆ Berkshire Hathaway takes control of LNG facility as Buffett ups bet on energy infrastructure
▼ + stars: | 2023-07-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Berkshire Hathaway Energy has agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett's big energy and utility division bought the stake from Dominion Energy and will now own a 75% limited partnership stake in Cove Point LNG located in Lusby, Maryland. The Cove Point LNG Terminal has a storage capacity of 14.6 billion cubic feet and a daily send-out capacity of 1.8 billion cubic feet. Berkshire Hathaway first bought a stake in Dominion's gas pipeline and storage assets for $4 billion in 2020. Abel is now vice chairman for noninsurance operations at Berkshire Hathaway and the successor to the 92-year-old "Oracle of Omaha."

Persons: Warren Buffett's, Bill Stone, Buffett, Berkshire Hathaway, Greg Abel, Tom Farrell, Abel, Stone Organizations: Berkshire Hathaway Energy, Dominion Energy, Brookfield Infrastructure Partners, Glenview Trust, Sumitomo Corp, CNBC, Berkshire Hathaway, Oracle, Occidental Petroleum, Chevron Locations: Point, Lusby , Maryland, Berkshire, U.S, Glenview, Omaha, Iowa

During Prime Day, you'll find deals on Nextorage internal NVMe SSDs, at more than 50% off. The best Nextorage SSD dealsDeal icon An icon in the shape of a lightning bolt. Deal Nextorage 2TB Internal SSD for PlayStation 5 Nextorage drives can give your PlayStation 5 a massive performance and storage boost. This SSD offers 2TB of storage, and during Prime Day it's down to $112, the lowest price we've seen. It's nearly $300 off during Prime Day, which brings it to a record low price.

Persons: you'll, Nextorage Organizations: Amazon, Sony, PlayStation Locations: Nextorage, Phison

The MT Arman 114 was carrying 272,569 metric tons of light crude oil, valued at 4.6 trillion rupiah ($304 million), when it was seized last week, the Indonesian authorities said. The Very Large Crude Carrier (VLCC) was suspected of transferring oil to another vessel without a permit on Friday, the Southeast Asian nation's maritime security agency said. "MT Arman was spoofing their automatic identification system (AIS) to show its position was in the Red Sea but in reality it is here," Aan told reporters. Along with the Arman, authorities detained its Egyptian captain, 28 crew and 3 passengers, who were the family of a security officer on board, the agency said. A "shadow" fleet of tankers carrying oil from sanctioned Iran, Russia and Venezuela has been transferring cargoes in the Singapore Strait to avoid detection, a Reuters analysis showed this year.

Persons: Arman, Stefanno Sulaiman, Fransiska, Lincoln, Clarence Fernandez Organizations: Indonesia's Maritime Security Agency, AIS JAKARTA, Malaysian, Thomson Locations: Marore, Cameroon, Iranian, Indonesia's North Natuna, Iran, Russia, Venezuela, Singapore, Indonesia, Panamanian

☆ Michelin starred hotels around the world, from Italy to Vietnam
▼ + stars: | 2023-07-10 | by ( Chris Dwyer | ) edition.cnn.com time to read: +24 min

Courtesy CoteArgentinian maestro Mauro Colagreco was the first ever non-French chef to earn three Michelin stars in France, at Mirazur on the famed French Riviera. Gastronomic restaurant Plénitude by chef Arnaud Donckele marked an extraordinary debut by being awarded the pinnacle of three Michelin stars just six months after opening. Since 2021, they have held three Michelin stars for their cuisine, which celebrates peerless produce from their sustainable farm just seven miles away. Lung King Heen, Four Seasons Hong KongLung King Heen was the first Chinese restaurant to hold three Michelin stars. Capella Hotels & ResortsFinally to Vietnam, where Michelin published its first ever guide in June 2023.

Persons: Winston Churchill, Albert Einstein, it’s, Heiko Nieder, carne ”, Ben Benoliel, Alex Nietosvuori, Ally Thompson, Hjem, morel, Cigliutti Enrico Crippa, Piazza, Crippa, Ferran Adrià, Mauro Colagreco, Côte, Raymond Blanc, Paul Wilkinson Chef Raymond Blanc, Lady Gaga, Queen Elizabeth II, ”, ” Blanc, Luke Selby, Plénitude, Cheval Blanc, France Plénitude, Sylvie Becquet, Blanc Paris, chef Arnaud Donckele, Chopin, Maxime Frédéric –, Aled Williams, Gareth Ward, Il Ristorante Niko Romito, Ristorante Niko Romito, Niko Romito, Romito, Giacomo Amicucci, Kyle, Katina, Michel Bras, Le Saint, Martin, Château Saint, France Le Saint, Chef Jean, Luc Lefrançois, Saint, –, sommelier Vincent Arhuro, King Heen, Hong Kong Lung King Heen, Heen, who’s, Chan Yan Tak, Rome Cavalieri, Pergola, Heinz Beck, Hatta, Ushikubo, Raby Hunt, Raby Hunt's Michelin, James Close, Maria, Chef Maria, Lorenz Adlon Esszimmer, Germany Lorenz Adlon Esszimmer, Lorenz, Young, Reto, Thomas Edison, Henry Ford, John D, Waku, Ghin, Tetsuya Wakuda, There’s, Tetsuya, they’re, kinome, It’s, Denmark There's, Jean Marchal, Maria Coppy, Jakob de Neergaard, iberico, Sven Wassmer, “, Lumnezia, Douglas, Koki, Hiroshi Yamaguchi, Bill Bensley, Chris Dwyer Organizations: CNN, Michelin, Duomo, Capella, Rosewood, of, Notre Dame, Resorts, Dubai Michelin, Resort Dubai, Reale, peerless, ”, Le Saint, Hong, Hong Kong Lung, Seasons Hong, Rockefeller, Sands, Royal Suite, Royal, Swiss, Koki, Capella Hotels, Capella Hanoi Locations: Bangkok, Piedmont, Hanoi, Tokyo, Zurich, Switzerland, Northumberland, Hadrian's, Swedish, England, Wall, Piazza Duomo, Alba, Italy, Japan, Spanish, Capella Bangkok, Thailand, France, Mirazur, Thai, Rosewood Hong Kong, Hong Kong, Chaat, Oxfordshire, ”, Cheval Blanc Paris, of Light, City of, Powys, Wales, Bulgari, Dubai, UAE, Italy’s Abruzzo, SingleThread, California, Healdsburg, Sonoma, Toya, Le, Provence, French, Vence, Marseille, Seasons Hong Kong, Yunnan, Peking, La, Rome, Eternal, County Durham, Darlington, romaine, Berlin, Germany, Brandenburg, Young Swiss, Europe, Marina, Sands, Singapore, Australia, Shizuoka, Hokkaido, d’Angleterre, Copenhagen, Denmark, Marchal, Hibana, Capella Hanoi, Vietnam

Buying was concentrated in crude (+52 million barrels) with purchases of Brent (+25 million) and NYMEX and ICE WTI (+27 million), according to exchange and regulatory records. Elsewhere there were small sales of U.S. gasoline (-3 million barrels) and European gas oil (-4 million) partly offset by purchases of U.S. diesel (+2 million). Russia also pledged to cut production by 0.5 million barrels per day in August to help counter adverse sentiment and boost prices. Hedge funds and other money managers purchased the equivalent of 325 billion cubic feet in the week ending on July 3. The combined position reached a net long of 606 billion cubic feet (45th percentile for all weeks since 2010) up from a net short of 1,201 billion cubic feet (6th percentile) on February 21.

Persons: Brent, John Kemp, David Evans Organizations: ICE, U.S ., Funds, Thomson, Reuters Locations: Saudi Arabia, Brent, Russia, North America, Europe, WTI, Saudi

☆ Column: Hottest day on record puts fresh focus on top CO2 emitters
▼ + stars: | 2023-07-06 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

July 6 (Reuters) - The world's largest emitters of carbon dioxide (CO2) and other greenhouse gases are coming under fresh scrutiny after global temperatures averaged 17.01 degrees Celsius (62.62 Fahrenheit) on Monday, the highest ever recorded. PRESSURE POINTSChina, the world's single largest CO2 polluter since 2005, has come under particular scrutiny after the country generated over 30% of global CO2 discharge in 2022, according to the Energy Institute Statistical Review of World Energy. CO2 emissions by key region since 1990India, already the world's third largest CO2 polluter in 2022, is seen increasing total CO2 discharge until 2040, while CO2 emissions in Indonesia - the seventh largest polluter last year - may not peak until 2050. Brazil, number 13 on the CO2 list in 2022, also looks set to keep CO2 discharge totals climbing over the coming years. However, each nation also has aggressive plans for reducing energy sector emissions and lowering reliance on fossil fuels.

Persons: Gavin Maguire, Kim Coghill Organizations: El, Energy Institute, World Energy, Centre for Research, Energy, Clean, Oxford Economics, Reuters, Thomson Locations: South, Southeast Asia, Northern China, North Africa, North America, El Nino, China, Japan, South Korea, United States, Germany, Europe's, North East Asia, South East Asia, India, Indonesia, Brazil, Turkey, Nigeria, Egypt, Mexico, The Philippines

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