According to Carbon Tracker (a non-profit think tank), the world’s largest oil producers are spending billions on fossil fuel projects. These will be required if the world fails to meet
After four days of decline, oil rebounded from 2022 lows
After four days of decline, oil rebounded on Thursday. This was aided by the hope that China’s anti-COVID measures will ease and signs that some tankers carrying Russian crude oil
Oil falls close to 2022 lows on economic worries
On Wednesday, oil fell, with Brent crude close to its lowest level this year. This was due to concerns about recession and the easing of fears that a Western ban
Brent Crude close to $80, as markets shrugs off Omicron
Brent crude oil traded at $80 per barrel on Tuesday, despite the rapid spread of the Omicron coronavirus variant. This was supported by supply shortages and expectations that U.S. inventories
The U.K refuses to rule out tougher covid rules by Christmas
After the country’s top health advisors demanded greater limits to contain the infection, Sajid Javid, Health Secretary of the United Kingdom, declined to make any changes to the Covid-19 rules.
First Minister Nicola Sturgeon will hold an emergency briefing on Omicron variant cases for Scotland
Six cases of the Covid-19 Omicron variant were identified in Scotland. Four of the cases were found in Lanarkshire, while two were identified in Greater Glasgow and Clyde.
First UK cases of a new omicron variant have been confirmed in Essex & Nottinghamshire
On Saturday, the first UK cases of the Omicron Covid variant were confirmed. Ministers also planned to place travel restrictions on other countries affected by the mutation.
U.S. authorizes Johnson & Johnson’s COVID-19 vaccine
The U.S. government on Saturday authorized Johnson & Johnson’s (JNJ.N) single-dose COVID-19 vaccine, enabling millions more Americans to be vaccinated in the coming weeks and setting it up for additional
U.S. near authorization of Johnson & Johnson COVID-19 vaccine
U.S. regulators on Friday said they would work quickly to authorize Johnson & Johnson’s COVID-19 vaccine for emergency use after a panel of outside advisers backed the one-shot immunization.