Page 6 - Energy Industry
When oil became waste: A week of turmoil for crude, and more pain to come
The magnitude of how damaged the energy industry is coming into full view on April 20 when the benchmark price of US oil futures plunged to a previously unthinkable minus $38 a barrel
 "When oil became waste: A week of turmoil for crude, and more pain to come")
Under heavy debt loads, US shale producers and refiners scrambling for cash
Fuel demand has tumbled roughly 30% worldwide as the coronavirus pandemic destroyed demand for transport
 "Under heavy debt loads, US shale producers and refiners scrambling for cash")
Huge potential for US-India ties in energy sector, ready to meet demand: US
Larry Kudlow, economic advisor to Trump, said that talks are going on between India and the US on a trade deal that could be inked during the visit of the president
 "Huge potential for US-India ties in energy sector, ready to meet demand: US")
The inequality debate we need
Rich countries need to start thinking about how to deal with global energy inequality before it's too late
 "The inequality debate we need")
How to make India carbon-neutral
As surface transport starts becoming fully electric and renewables replace fossil fuels as a source of electricity, India would move towards net zero carbon emissions
 "How to make India carbon-neutral")
Low coal reserve, wind, hydro output fall behind high IEX tariff: AK Bhalla
These constraints lead to soaring of power tariff, though for a short duration of 15 minutes or half an hour
 "Low coal reserve, wind, hydro output fall behind high IEX tariff: AK Bhalla")
Innovation is the new imperative in energy
Global energy value chain is being remodelled on the basis of several technological, macroeconomic disruptions
