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China slashes LNG purchases on high prices, virus slowdown

Bloomberg China is slashing liquefied natural gas (LNG) purchases as soaring global prices deepen import losses and pandemic lockdowns throttle domestic demand. Imports in the first quarter fell 14% from the same period last year, according to shipping data, and private companies are spurning offers to use once-highly coveted slots at state-owned receiving terminals. Consultancy Wood Mackenzie Ltd said it ...

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Ukraine war’s weapon may be a cell phone!

As the war in Ukraine pushes well into its second month, much of the outcome thus far — including Russian failures in executing their battle plans — is the result of logistics. Moscow has struggled abysmally to get gasoline, ammunition and food to its frontline troops. On the Ukrainian side, the flow of weapons and other materiel from the North ...

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Solar is winning from energy crisis

From the way the public conversation was going, you might think renewable energy was firmly on the back foot as a result of the energy crisis that’s roiled the world since late last year. Transport fuel taxes have been cut to ease the pain of high crude prices in the European Union, India, the UK and US, among other countries. ...

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