Then tomorrow well take on the challenge of predicting the energy markets of 2023. Back to what we posted on January 2, 2022. [26] Another report stated that the fighting started after a high-speed chase with a suspect vehicle in which a Gaddafi loyalist was killed. In commodities, the outlook for demand from China as the economy reopens boosted the price ofoilon Tuesday, along with freezing weather across the US, which prompted refinery closures. The one exception would be the opening of Exxon Beaumont's crude unit but Lyondell plans to shut its 263,776-barrel-per-day Houston plant by the end of 2023. The fighting reportedly started when a Zintani militiaman was shot and killed at an El-Mashasha checkpoint. [86] The Libyan Ministry of Interior accused Gaddafi loyalists of carrying out the attacks, while those loyalists using an instant messaging service Paltalk were reportedly listening to the Interior Ministry's communications network. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. [190] The same day, the head of Tripoli's municipal council, Al-Sadat al-Badri, said that a strike being carried out on the day (Sunday is a working day in the Middle East) would go on for three days if the demands of a majority of public and private sectors' demands for the militiamen to leave was not met. [150], On 6 January, GNC president Mohamed Magarief announced that he had been the target of an assassination attempt at the hotel in Sabha where he was staying with his delegation on a visit. Demand destruction will offset the impact of smelter closures seen in recent months. There were only charred parts left of the vehicle used in the bombing. [93] The attackers have also blown up the mosque attached to it and its library, filmed the events and posted the footage online. Self-sanctioning is likely to disrupt trade flows with the possibility of Russian metal flowing to the market of last resort the LME. At the same time, the flow of Russian metal into Western markets was strong in the first half of the year. At a meeting in Nalut, representatives of the towns' local councils said that a safer alternative route to the capital had to be found to the one passing through Warshefana territory. WebWhangaruru is a rural community and harbour on the east coast of Northland, New Zealand.Mokau, Helena Bay, Whakapara, Hikurangi and Whangarei are to the south and the Bay of Islands is to the northwest. WebTraffic streams past the Marathon Refinery in Carson, California, United States, October 4, 2022. However, the LME believes we would have seen higher inflows of metals into warehouses regardless, given the depressed global outlook. In 2021, smelters in Yunnan experienced three rounds of major curtailments amid power supply shortages, with cuts accounting to 1.74 M t/y of aluminium smelting capacity on an annualised base. [177], On 27 September, One man was reported killed and two others injured when the police station in Gubba was damaged in a massive car bomb attack early this morning, around sunrise.The dead man and the two injured all said to be Egyptians were in a house next door to the police headquarters. Both brothers and an NTC fighter were killed and five militiamen were wounded. Well, you might say energy markets got smacked upside the head in 2022. [35][36] By 13 December, a ceasefire was established. [154], On 19 January, gunfire erupted between militiamen and the bodyguards of the Libyan Defence Minister while the latter was visiting an Air Force base in Tobruk. [57] The hunters were then arrested but released later. There were 858 households, comprising 1,323 males and 1,197 females, giving a sex ratio of 1.11 males per female. [70] Between seven and thirteen people were killed and more than 20 wounded. In the short-term, the markets focus will remain on the bigger macro-economic and demand-side problems, with prices expected to fall further to $2,150/t in 1Q 2023. China is only 71,000 tonnes. Sabri police station was attacked at around 4.30 am. Reports on oil and energy, including refineries, markets and renewable fuels. The militias included guerrillas, Islamists, and militias who fought against Gaddafi but refused to lay down their arms when the war ended in October 2011. [130], On 4 November, the head of Cyrenaica Transitional Council's military wing, Hamid Al-Hassi, narrowly survived an assassination attempt that left one of his bodyguards killed and two injured. Shelling of the town was reported, but the Misratan commanders denied they had any artillery that they could use against the town. [52], On 6 March, tribal and militia leaders in Benghazi declared unilaterally semi-autonomy for the eastern region of Cyrenaica. The employment status of those at least 15 was that 33 (24.4%) people were employed full-time, 12 (8.9%) were part-time, and 3 (2.2%) were unemployed.[2]. In China, demand has stalled in 2022 amid zero-Covid policies and lockdowns, with CRU expecting demand to grow just 0.1% YoY in 2022, at 40Mt, while the recovery in 2023 is expected to be sluggish given a slowdown in the While there are other projects inching closer to FID, those from the proven LNG developers our three kings have leapfrogged to the front of the line. One of lifes vicarious pleasures is indulging in some daydreaming about what wed do with a substantial financial windfall, maybe from a lottery win, a bequest from a long-lost relative, or a five-horse parlay. 15 militia members were killed. More refinery closures? Here are some other notable premarket movers: Despite Tuesdays modest bounce, the Nasdaq 100 and S&P 500 are on track to post the worst annual decline since the global financial crisis. Learn more about how we use cookies in our cookie statement. They came under heavy gunfire. Southwest Airlines (LUV) falls 4% after saying it expects the flight chaos caused by the massive winter storm that battered the US to continue for at least another few days as the government questioned whether the airline is complying with its customer service plan. Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten demand growth and offset the impact of supply shortfalls caused by sanctions on Russia, a Reuters poll showed on Friday. Russia accounts for about 6% of global aluminium output estimated at 70 million tonnes this year. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. [179], On 29 September, Three security officials were murdered in separate attacks in Benghazi today, according to the spokesman for Benghazi Joint Security Room, Abdullah Al-Zaidi. WebWatch breaking news videos, viral videos and original video clips on CNN.com. On 18 May 2014, the parliament building was reported to have been stormed by troops loyal to General Khalifa Haftar,[207] reportedly including the Zintan Brigade,[208] in what the Libyan government described as an attempted coup. [135] In Khoms, one person was reported killed and four others injured in clashes between the SSC forces and a local militia named Katibat Nusur Al-Sahel ("The Coast Eagles"). [94], On 25 August, the Al-Shaab Al-Dahmani mosque and shrine in central Tripoli was bulldozed in broad daylight by a group of armed Salafists, including members of the security forces. WebFind the latest U.S. news stories, photos, and videos on NBCNews.com. This torture was most frequently used "immediately after arrest and during the first days of interrogation" according to the report. And propane just dodged a hail of bullets when Congress legislated away what had been a likely rail strike. As of mid-October, Europe and the US combined have cut around 1.7 million tonnes of capacity 25% of European output and 2.1% of the global total from the second half of 2021. In todays RBN blog, we look at how well (or not) production levels will line up with feedgas demand. Out of 2,162 stocks in the index, 1,510 rose and 540 fell, while 112 were unchanged. The projected surplus in the world ex. Stay up to date with all of INGs latest economic and financial analysis. [182], Also on 2 October, gunfire was reported outside the Russian embassy in Tripoli after a Russian woman killed a Libyan air force officer and injured his mother. I want to use all functionalities on this website. The news followed imams calling for an end to the militias, which in turn led to violence that erupted at an anti-militia protest that also called for resignation of the government the previous day in Tripoli and occurred during mourning for the dead at that protest. Fitch noted that the companies are using profits to pad their cash balances, "presumably to preserve liquidity ahead of a likely decline in cash flows towards normalized levels," it said in November. [133] Meanwhile, a protest at Zawiya's refinery caused petrol shortage in the Libyan capital. [68] The same day, two people were killed and a third wounded in intertribal clashes in Sorman. European luxury stocks are among the biggest gainers after China said it will no longer subject inbound travelers to quarantine from Jan. 8 to end three years of self-imposed isolation, European oil stocks outperformed on Tuesday as the price of crude received a boost from China further easing pandemic curbs and US refinery closures due to freezing weather, Lotus Bakeries shares fell as much as 5.3% after the Belgian firm was cut to reduce by Degroof Petercam on caution over whether it can match very high sales and growth expectations, Leonteq falls as much as 6.5% after the company warned its less optimistic about 2022 earnings, and after saying a settlement has been reached on UK civil proceedings, Richter shares plunge as much as 6.8%, the largest intraday drop for the Hungarian pharmaceutical company since March, after the countrys government introduced a windfall tax, SBB falls as much as 11% on trading ex shares in Neobo Fastigheter, previously known as Amasten, after an EGM last week opted to distribute all of the companys shares in the subsidiary, Australia S&P/ASX 200 down 0.6% to 7,107.69, Equities climbed Tuesday while the dollar declined amid positive sentiment from Chinas rollback of Covid isolation measures and the cooling of a key inflation gauge in the US, European luxury stocks are among the biggest gainers on Tuesday after China said it will no longer subject inbound travelers to quarantine from Jan. 8, putting the country on track to emerge from three years of self-imposed global isolation, Lower-rated won corporate notes have lagged the rebound in high-grade peers after South Koreas credit rout, a trend that may continue on concerns about an economic slowdown, Top executives at Japans biggest banks are expecting negative interest rates to linger and see little immediate earnings boost after a surprise move by the nations central bank pushed lenders shares up by 13% last week, Profits at industrial firms in China declined in the first 11 months of the year, as production slowed and factory-gate prices fell amid Covid disruptions, 08:30: Nov. Wholesale Inventories MoM, est. [122] Jabal al Akhdar district police chief Nasser Zayed blamed hardline Islamists for the attack. Al Jazeera quoted him as saying that he "can't be a part of this, either by being silent and taking no action, or by taking any action because he can't be part of the shedding of Libyan blood if he takes any action as a responsible official or as a minister of defence. Those who have a checking or savings account, but also use financial alternatives like check cashing services are considered underbanked. The United Nations Support Mission in Libya said it has recorded 27 deaths in custody since late 2011 "where there is significant information to suggest that torture was the cause", with 11 of the cases occurring in 2013. French Foreign Minister Laurent Fabius also said: "This was a terrorist act aimed at killing. The heavy fighting on this day left at least 6 soldiers and 1 civilian dead. WebRead latest breaking news, updates, and headlines. However, if the US decides to sanction Rusal, the impact could be severe, bearing in mind the markets reaction to the sanctions in 2018when the LME prices jumped to $2,718/t, at the time the highest since 2011 before gradually falling in the following weeks and months. - Blue Hydrogen, Blue Ammonia, and Now Blue Methanol, I Need You - FERC's New Spire STL Decision Helps Secure Future of Key Gas Infrastructure, Where It's At, Part 2 - Timing Is Everything for Gulf Coast Gas Producers, LNG Offtakers, You're the Ones That I Want - DOE Is on Its Way to Selecting Hydrogen Hub 'Winners', Jump In The Line, Part 5 - Sempra Will Soon Expand its LNG Export Capacity with Port Arthur LNG, Ghosts of Pipelines Past and Future - Beleaguered Appalachian Gas Pipelines Would Reduce Emissions, Walk on the Wild Side - The Refining Sector's Volatility Isnt Over. Aluminium consumption has been hit by the bleak global growth outlook, with primary aluminium demand in the worldexcludingChinaexpected to grow 0.4% YoYin 2022, according to CRU. By a day later, the European Centre for Medium-Range Weather Forecasts computer model anticipated that the hurricane would eventually strike New Jersey. Whangaruru statistical area had a population of 2,520 at the 2018 New Zealand census, an increase of 420 people (20.0%) since the 2013 census, and an increase of 453 people (21.9%) since the 2006 census. [51], On 2 March, the head of the security committee in Derna, Colonel Mohammed Al-Hassi, was shot and killed outside a petrol station in the town. PBF's stock fell by so much that at one point the company was valued at less than the $1 billion it paid for the refinery. 0.3%, prior 0.5%, 08:30: Nov. Retail Inventories MoM, est. The sun sets behind the Big West Oil LLC refinery in North Salt Lake on June 23, 2022. Responding to the closure of the main road linking towns in the Nafusa mountains to Tripoli and attacks on people who were using it, local councils in the region decided to set up a joint committee to coordinate on the region's affairs and problems. [82][85], On 19 August, two people were killed in a two independent car bomb attacks in Tripoli. [45], On 22 January, a new clash broke out in Tripoli when NTC fighters attempted to arrest a former prisoner, charged with murder, who was released by the Gaddafi government at the start of the civil war the previous year. But today its time to look back. Gasoline consumption fell by 1.3 million bpd that year. [107], On 10 September, Air Defense Colonel Badr Khamis Al-Obeidi was killed by unknown gunmen in a drive-by shooting when he was leaving the Saida Aisha mosque in Benghazi. [176], On 25 September, The son of the Libya's Defence Minister, Abdullah Al-Thini, was abducted yesterday afternoon, a source close to the Ministry of Defence told the Libya Herald under the condition of anonymity.He was kidnapped in Janzour, but the reasons behind the abduction are still unknown. Libyan Ambassador to the UN Ibrahim Dabbashi said Deby's claims were not credible: "The president of Chad used to be a good friend of [Muammar] Gaddafi. Final coupon auction cycle of the year begins with $42BN 2-year note sale at 1pm New York time; The WI 2Y yield 4.315% is below last two auction stops; Novembers 4.505% result was highest since 2007. [96] On 26 August, several Libyan government officials as President of the General National Congress Mohamed Yousef el-Magariaf, or Supreme Military Council spokesman Abdel Moneim al-Hurr condemned the demolition. Things are as clear as the sun, we want a decision." In its latest World Economic Outlook, the International Monetary Fund cut its forecast for global growth next year to 2.7%from 2.9% seen in July and 3.8% in January, adding that it sees a 25% probability that growth will slow to less than 2%. West Coast demand for Utah refined products has increased because of diminishing supply in the West due to refinery closures and biofuel conversions. It also committed $295,095 to upgrade Ngtiwai Marae, creating 5 jobs.[9]. Several militias disbanded and routed by the government in western Libya. The survivors reported being shot at and hit with grenades and rockets from houses after they found out all the roads were blocked. "The ambush happened on the road between Bani Walid and the town of Tarhouna, where the army had a checkpoint. [132] Fighting lasted for much of the day, until army reinforcements arrived and Warfalli, together with 11 of his men, surrendered. Among majors, TotalEnergies and Eni advanced 1.2%, while London-listed shares of BP and Shell didnt trade. Even so, we actually feel pretty good about those market calls. Two police stations were bombed in Benghazi in what was being seen as a linked attack. This is unacceptable. The losses for Ragdalein and Al-Jumail were not known. The tribesmen accused the Zintan forces of shelling their town, Sheguiga, with tank and rocket fire. In allocating those funds, producers face the same kinds of decisions we would all face: ramping up current spending, whittling away at debt, tucking cash away for a rainy day, or distributing funds to family and friends. Ouch. Treasury curve spreads are little changed with yields across the maturity spectrum higher by ~3bp. On 12 February, conflict erupted between Zuwayya and Toubou tribesmen in southern town of Kufra. [53] On 16 March, a pro-autonomy demonstration was held in Benghazi, which was attacked by unknown gunmen, leaving one person dead and five injured. Late the previous day the government-affiliated militia, the Libya Shield-Central Command, said it was in control of Gharghour and that it would hand it over to the government. Another Zuwara council head claimed that the men were tortured before being released and stated that Zuwara came under mortar and anti-aircraft fire by militias from both Ragdalein and Al-Jumail. Refiners now have $12.6 billion more in working capital in the first three months to 2022 than in the same period in 2019, before the onset of the coronavirus pandemic. About one-third of the global economy risks contracting next year, with the US, the EU and China all continuing to stall. The call for a strike was to allow "the government, the police and the army." European oil stocks outperformed on Tuesday as the price of crude received a boost from China further easing pandemic curbs and US refinery closures due to freezing weather. In rates, Treasury yields higher, 5Y-30Y at highest levels since November, amid a global government bond selloff sparked by Chinas decision to relax Covid curbs. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. [123][124], By 8 October, thousands of soldiers surrounded Bani Walid and gave a deadline of 10 October to surrender the men who had tortured Omran Shaban to death, or face the town being stormed. WebFollowing the end of the First Libyan Civil War, which overthrew Muammar Gaddafi, there was violence involving various militias and the new state security forces.This violence has escalated into the Second Libyan Civil War (20142020).. Marathon, and Valero's market valuations reached record highs in 2022; while Phillips 66 and PBF's are near highs reached in 2019. Bitcoin held below $17,000 after starting 2022 at more than $47,000. Statistics New Zealand describes akura-Whangaruru South as a rural settlement. [71][72], On 5 June, a militia checkpoint in Gwarsha district was attacked and destroyed by the family of a member of the security forces who had been fatally shot earlier by a militiaman at the checkpoint. WebAn oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. In todays RBN blog, we discuss highlights from our new Drill Down Report on the variety of hydrogen-hub proposals the feds will be reviewing. European oil stocks outperformed on Tuesday as the price of crude received a boost from China further easing pandemic curbs and US refinery closures due to freezing weather. Natural gas pipeline project permitting sits at the nexus of the debate about the best path toward decarbonization. One potential source of price volatility would be sanctions on the Russian material either by the US or the EU. People in the crowd waved swords and even a meat cleaver, shouting "No more al-Qaeda!" The operation ended with one of the suspects killed, eight wounded and thirteen detainees, accused of being linked with the 19 August Tripoli bombings. The company also sold 182k pre-funded warrants, bringing total gross proceeds to $58m. [47] MSF General Director Christopher Stokes stated: "Patients were brought to us in the middle of interrogation for medical care, in order to make them fit for more interrogation. [citation needed] The government also declared a state of emergency after Gaddafi loyalists took over the Tamahind air force base near the southern city of Sabha. [125], On 9 October, Misratan fighters, who besieged Bani Walid since the beginning of the month, killed three residents, including a child, and injured seven others during an artillery attack on the town, according to Colonel Salem Waer, who was leading the Bani Walid fighters. Violence continued for the next few days. [113], At the same time, Essam al Katous, a senior security official reported that Gaddafi loyalists killed 20 militiamen and abducted 30 other from a bus in the southern town of Barek al-Shati where they clashed for several days with a pro-government militia. The Bloomberg dollar index slipped as much as 0.4% as trading resumes after Christmas break. In fact, those priorities swiftly overshadowed energy-transition goals. And now, with a clearer understanding of the tax credits that will be available going forward, companies active in the clean hydrogen and carbon capture and sequestration (CCS) spaces are scrambling to advance large-scale projects that would benefit from the federal governments largesse. Activity, est. [168], On 8 June, at least 31 people were killed and 100 wounded in clashes in Benghazi between protesters and a militia operating with Defence Ministry approval. They tore down the banner of group while chanting "no no to the brigades". High energy costs remain a threat to supply, Russian metal remains the biggest uncertainty, Prices to slide in early 2023 on poor near-term economic outlooks. "[163], The next day about 200 heavily armed, including anti-aircraft weapons, surrounded the foreign ministry building demanding an end to former government officials from the old regime getting leadership positions in the new regime. Other hubs west of the Continental Divide also surged to record levels, while markets just east and north of there were largely unruffled a sure sign of bottlenecks for moving gas into West Coast markets. WebRead today's most read article on London Stock Exchange and browse the most popular articles, to stay informed on all the top news of today.. I understand that some functions will not be available. Environmental opposition, though, highlights that a high rate of methane emissions along the gas value chain could undermine those potential improvements. Tensions had reportedly grown between local people and the militants. All e-mails from the system will be sent to this address. [128], On 26 October, a masked man entered a caf in Benghazi and shot twice in the face Haitham Warfali, killing him instantly. Offtakers have committed to 38 metric tons per annum (MMtpa), or 4.9 Bcf/d, of long-term LNG contracts from these and other proposed terminals this year and theres another handful of U.S. projects with a realistic shot at FID in the next year or so, not to mention others in Mexico and Canada. They carried placards that read: "The era of the militias is over," "Attacks on the ministries are attacks on the Libyan people" and "No to weapons, yes to dialogue." Worried about 2023? All quotes delayed a minimum of 15 minutes. [144], On 20 December, during a demonstration calling for the release of a prisoner at the Security Directorate in Benghazi, clashes erupted between protesters and security forces, leaving at least one policemen, one soldier, two armed attackers and three civilians killed, as well as 16 wounded (8 civilians and 8 from the security forces). Mokau, Helena Bay, Whakapara, Hikurangi and Whangarei are to the south and the Bay of Islands is to the northwest.[3][4]. [103][104], Between 3 and 4 September, a group of Wershifanna tribesmen located a fake checkpoint at the Zahra bridge, in the road between Tripoli and Aziziya, killing between one and three travellers and kidnapping seven others from the Nafusa mountains. WebThe Buncefield fire was a major fire at an oil storage facility that started on 11 December 2005 at the Hertfordshire Oil Storage Terminal, located near the M1 motorway, Hemel Hempstead, in Hertfordshire, England. Download document. Minister of Defence Mohammed al-Bargathi resigned after that. Then, this years Inflation Reduction Act (IRA) provided tax credits for investing in new production facilities and producing clean hydrogen incentives generous enough to spur announcements for at least an initial round of multibillion-dollar projects. I agree with the use of all cookies. So today we dive into our Top 10 blogs based on the number of rbnenergy.com website hits to see how energy security has permeated all aspects of energy markets. We believe a recovery in price should start in 2Q 2023, although any recovery is likely to be slow. Gulf Coast gasoline margins skyrocketed to $40 a barrel from the 2017-2019 average of $11, while per-barrel margins for making diesel jumping to $55 from $13, according to energy consultancy Tudor Pickering Holt. While the LME accepts that LME prices may start to increasingly reflect the price of Russian metal if we see large inflows into LME warehouses, they believe that premia will play an important role, with this likely reflecting a larger proportion of the all-in cost, so that non-Russian metal producers continue to receive fair value for their metal. The aluminium market will significantly reduce its global deficit in 2022 and move into surplus in 2023, according to CRU, with an estimated market deficit of 300kt in 2022, down from 1.6Mt in 2021. However, Prime Minister[who?] [14], Te Kura Hourua ki Whangaruru was a secondary (years 9-13) partnership school opened in 2014,[15] and closed in 2016. Sanctions were then lifted in January 2019. His body was dropped off anonymously at a hospital in Tripoli. He told the Libyan state television that gunmen attacked the hotel with heavy gun-fire. Petrochemicals feedstock like ethylene and propylene can also be produced [63], On 6 April, French leading newspaper Le Figaro reported that a dozen people were killed near Ghat on 1 and 2 April in fighting between former pro-Gaddafi Tuaregs and the Zintan tribe. Zintani militiamen were involved in fighting with members of the El-Mashasha tribe, whom they accuse of being Gaddafi loyalists because they did not join the opposition during the civil war the previous year. No dramatic recovery is expected in 2023, as many economies will battle with recession, with demand expected to grow by just 1.8% YoYin 2023 at 28.9 Mt, according to CRU. The two currencies dropped against all of their Group-of-10 peers after Beijing also downgraded the management of Covid from its highest level, effectively removing the legal justification for aggressive restrictions. OIL PIPELINES - MAP OF EUROPE. The Wershifanna denied this and stated that the men from Zawiya had been misled by a rumor that pro-Gaddafi fighters were in the area. The e-mail address is not made public and will only be used if you wish to receive a new password or wish to receive certain news or notifications by e-mail. Australias dollar led gains in commodity currencies amid optimism the unwinding of Chinas Covid rules will help speed its economic recovery. This year energy markets are at the mercy of a hot war in Europe, the threat of a global recession, looming China/Taiwan hostilities, the impending onslaught of new energy transition programs from recent legislation, and all sorts of other random black swans paddling around out there. [175], On 2 September, two soldiers were killed and another injured when the military vehicle they were travelling in was ambushed by unknown armed men yesterday near Sirte.The soldiers were on the coastal road, around 40 kilometres east of Sirte, when their vehicle came under fire, Military Commander for the Sirte area, Salah Abu Hligha, told the Libya Herald. On 6 February, seven male black Libyan civilians from Tawergha were killed by militias who raided their makeshift refugee camp at a former naval academy in Janzour, a suburb of Tripoli. In today's RBN blog, we discuss the case in which RBN played a part and what it means for upcoming midstream projects. Chinas aluminium smelters are facing constraints, too. [157][158], On the weekend of 2324 February, at least two people were killed and one wounded in Kufra, in renewed deadly clashes between Zway and Tebu tribesmen. [155][156] In Ghadames, the local council denounced that the town was besieged by Zintan border guards, who had clashed with local militiamen, with no serious injuries. The Thunderbolt Brigade was soon reinforced by armed locals, and after a day of heavy fighting the Ansar al-Sharia bases within the city were destroyed and all of its militiamen seemed to have somehow simply "vanished" from the city. Whether they can repeat that performance in 2023 is another story. The 10-year Treasury yield is near 3.75%, up from 1.5% at the start of the year as the Federal Reserve embarked on an aggressive battle against inflatoin. [120][121], On 3 October, three policemen were killed on a checkpoint in Susa, with a fourth injured in a critical condition, who died days later. -0.8%, prior 0.1%, 09:00: Oct. Case Shiller 20 City MoM SA, est. The report claimed that if the events were part of a coordinated movement, "it does not appear to be well organised, let alone have any significant or measurable support. [187], On 16 November, militias from Misrata clashed in Tajoura, an eastern Tripoli suburb where checkpoints were set up to keep outside militia from entering the city. AVERAGE AGE OF THE EUROPEAN VEHICLE FLEET. The battles lasted late into 21 April. [106] Wisam Bin Hamid, leader of the Libya Shield Force in Cirenaica raised later the injured toll to thirteen, and denied reports that his forces were involved in the attack. [1] The settlement is part of the larger Whangaruru statistical area. 210 people (10.5%) earned over $70,000 compared to 17.2% nationally. ArticleMarkets are unlikely to be moved by any data release over the Christmas period, but, ArticleTapering of the CSPP and CBPP3 is the next ingredient in the credit cocktail and is, ArticleThe pace of hikes has slowed, but central banks have warned that more needs to be, ArticleIndonesia will impose a ban on bauxite exports from June 2023 in a move aimed at, SnapLower oil and gasoline prices and the first phase of the government's gas price, SnapAnnual inflation continued its downward trend in December, as expected. [7][8], In October 2020, the Government committed $444,239 from the Provincial Growth Fund to upgrade tetao Reti Marae, creating 33 jobs. The median income was $24,300, compared with $31,800 nationally. [138], On 12 November, the secretary of Sirte local council was killed by unknown gunmen outside the town's medical institute, allegedly because his support to the NTC during the war. Officials said residents of Tripoli would convene rallies in support of the initiative to clear the city of weapons and out-of-town fighters. [191], The next day, Benghazi's military governor Colonel Abdallah al-Saati survived an assassination attempts that killed one other person and wounded another in his motorcade. Any announcement of further closures could see aluminium prices spike but any potential rallies are likely to be unsustainable. Stocks were roiled this year as the Federal Reserve aggressively tightened monetary policy to tame soaring inflation. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The decline in capacity boosted fuel costs for consumers, but it was a boon for U.S. refiners as profit margins for making diesel, gasoline and other products surged as economic activity rebounded. Thats the big question. One of the indicators of the militant inter-factional were also the recent spate of car-bombings in Derna. [19][20] A large-scale government crackdown followed on non-government sanctioned militias, with the Libyan Army raiding several now illegal militias' headquarters and ordering them to disband. [102] In Benghazi, a car bomb exploded in Gamal Abdel Nasser street, at the center of the city, killing a Colonel of the former government security services and wounding the other passenger. "[164] On 30 April, armed men surrounded the Justice Ministry for the same reason. This was met with anger from the NTC government in Tripoli and anti-autonomy demonstrations erupted in the capital and Benghazi. [203], On 18 January, the Libyan air force attacked targets in the south of Libya because of unrest blamed on forces loyal to ousted leader Muammar Gaddafi. Per one local official, except one person, all of the dead were Tuaregs. And unlike many forecasters, we also look into the rearview mirror to see how we did with last years predictions. Fighting allegedly killed at least 11 people, with some sources putting number up to 18, but there was no confirmation of the deaths. He said: "We have declared a strike for three days from today, but if our demands are not met we will continue. [56] A third version of the events came from the government Interior Ministry which stated that the trouble started when a Zuwara hunting party near Al-Jumail shot and killed a person from that town by mistake. In the US, more than 300,000 tonnes of capacity have been cut, including Alcoas Warrick and Century Aluminiums Hawesville plants. [181], On 2 October, a group of locals attacked and torched the police station in Suq Al-Juma following the death of a local resident.The man, who has not been named, was shot dead by the Quwat Al-Rada, the special deterrence force in Tripoli. Still, the European market is keeping a keen eye on the years ahead, when the continent will need to rely on new sources of LNG to meet demand and refill inventories with little chance of any Russian gas. [58], On 3 April, reports emerged that the fighting in the Zuwara area was still continuing with at least one Zuwara militiaman killed and five wounded. Three and a half hours later, a bomber went off at Birkah police station the fifth time it has been attacked this year. According to the source, the previous month, a number of town residents went to a camp on the outskirts of the city and forced militants to leave. Hassan al-Saidah said 15 soldiers had been killed and five wounded in the attack, which forced officials to close the main road to Bani Walid. [145], On 27 December, an unknown gunman killed Lieutenant Awad Mohamed Al-Fakhri and injured his mother, in their family house at Al-Abyar, near Benghazi. We Three Kings - Is U.S. LNG Development Cornered by the Big Three Developers? [11], Whangaruru School is a coeducational full primary (years 1-8) school with a roll of 54 students as of November 2022. Of those at least 15 years old, 27 (20.0%) people had a bachelor's or higher degree, and 33 (24.4%) people had no formal qualifications. Is there a Gambian representative in Libya? Oil stocks are in focus after crude rose amid Chinas moves to unwind its Covid Zero policy, and freezing weather across the US that prompted refinery closures in the vital Texas Gulf Coast area. A mosque and a school were also hit. [149] In Ubari, at least two Libya Shield militiamen were killed and an unknown number injured in armed clashes. We estimate that there are a dozen Gulf Coast projects totaling 16 Bcf/d of export capacity in the running for completion in the next decade, with 60% of that capacity sited along a less-than-100-mile stretch of coastline straddling the Texas-Louisiana border. [180], In October a United Nations report said that torture and ill-treatment, sometimes resulting in death, was "widespread" in Libyan jails. Production cuts in Europe account for around 1.4 million tonnes of capacity. Armed clashes also flared anew in Kufra, leaving one dead and dozens injured. Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News Another soldier was shot dead when militants in a van fired a volley at two soldiers as they got into a car. Over two days of fighting three townspeople were killed. Reporting by Laura Sanicola; Editing by David Gregorio, JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott', Oil dives 4%, trade choppy on worries about China, global economy, Chevron to send 500,000-barrel cargo of Venezuelan oil to its Pascagoula refinery, Brazil's Petrobras to play leading role on refinery expansion -new energy minister, Economic weakness set to weigh on oil price in 2023: Reuters poll, Petrobras' next CEO seen overseeing strategic shift with renewables focus, U.S. lease sale off Alaska coast draws one bid, Brazil's energy ministry chooses Senator Prates to head Petrobras, Next Petrobras CEO says he will change company's fuel price policy, See here for a complete list of exchanges and delays. Futures are advancing after the underlying benchmarks slid over the last three weeks. Regional Security Office, Armed Forces of the Libyan Arab Jamahiriya, Fist Crushing a U.S. As they marched to Martyrs' Square they were attacked by others who supported the adoption of a law to ban members of the previous regime for partaking in the incumbent regime. [83], On 1 August, clashes in Abu Isa (between Zawiya and Sorman) between armed gangs who were fighting over some vehicles since the day before ended with the intervention of the Libya Shield Force, with a final toll between two and four killed, and five injured. In premarket trading, TSLA shares extended their recent losses, sliding another 3% after Reuters reported the EV carmaker would run reduced production at its Shanghai factory, shutting down output from Jan 20 to Jan 31 for the Chinese New Year. Colonel Abdulkadir Mohamed Ahmed Al-Madani, Associate Director of Intelligence in the eastern region was seven shots by unknown assailants in a black Jeep in front of his home in the city's Laithi district. On 15 February, Amnesty International reported that at least 12 detainees had been tortured to death while in militia custody. Since 2022 began, two U.S. projects have reached a final investment decision (FID), with a third expected to reach that milestone in early 2023. [114], On 17 September, the head of Sabhas military council, Colonel Ali Dallah Gaidi survived an assassination attempt in Ubari, but his wife was killed in the attack. The rise in global aluminium output comes against weakening demand amid global economic gloom. [99][100], On 2 September, clashes between two rival young men groups in Zawiya for the theft of a car resulted in seven killed and thirteen injured, ending with the intervention of local security forces. [48] Amnesty International had described two days ago "widespread torture and ill-treatment of suspected pro-Gadhafi fighters and loyalists. We may share information about your use of our site with our social media, advertising and analytics partners. We will not negotiate with them. As we bid adieu to 2022, its once again time for the Top 10 RBN Energy Prognostications, our long-standing tradition where we look into our crystal ball to see what the upcoming year has in store for energy markets. The Biden administration is reportedly weighing three potential measures: a complete ban on Russian aluminium, increasing tariffs to levels that would effectively act as a ban and sanctioning the company that produces Russian aluminium, Rusal. WebCREATE A FOLLOWING Tribune Content Agency builds audience Our content engages millions of readers in 75 countries every day Thanks to a warm start to the season and low Asian demand for LNG, Europe has so far been able to stave off a worst-case scenario for natural gas supply this winter. [188] The next day another person was killed and dozens others were wounded as clashes continued and a 48-hour state of emergency was declared, while Prime Minister Ali Zeidan called for those from outside the city to withdraw. The doctors refused and a Tripoli militia, in charge of hospital security, forced the Zintanis out, but not before they shot rounds in the hospital. According to a parliamentary security committee official, Noah was also released. The output reductions in Yunnan came after Sichuan smelters cut 920,000 tonnes of capacity in August, accounting for 2% of Chinas total. In FX, the US dollar and Japanese yen weakened as Chinas reopening curbed demand for haven assets. [105], On 7 September, a Salafist militia attacked the Sidi Al-Lafi mausoleum in Rajma. Of those at least 15 years old, 267 (13.4%) people had a bachelor's or higher degree, and 426 (21.4%) people had no formal qualifications. [23], Between 8 and 12 November, large-scale fighting erupted between Zawiya and Tripoli between a Zawiya-based militia and a group from the Wershifanna tribe. [81][82], On 29 July, commander of Libyan ground forces Khalifa Hafter escaped an assassination attempt in Benghazi, when his convoy get under fire from unknown assailants. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. No mere market murkiness will dissuade RBN from sticking our collective necks out to peer into our crystal ball one more time. Then, literally overnight, the world changed on February 24, when Russia invaded Ukraine. This violence has escalated into the Second Libyan Civil War (20142020). Excluding the unprecedented slowdown of 2020 because of the coronavirus pandemic, next years performance would be the weakest since 2009, in the wake of the global financial crisis. Cover Letter for Jobs 8.00%, prior 10.43%, 10:30: Dec. Dallas Fed Manf. The Zawiya group accused their opponents of belonging to loyalist remnants and they reported seeing tanks and vehicles with the Gaddafi-era green flag and markings that said "Brigade of the Martyr Muammar Gaddafi". [77] After days of clashes, on 17 June, the Libyan government declared the area around Zintan a military zone and sent troops to stop the fighting. Trading remains thin with many markets including Australia, New Zealand, the UK and Hong Kong closed for holidays. California voters have now received their mail ballots, and the November 8 general election has entered its final stage. On the first night of the curfew, two members of the armed forces were injured by gunfire. In the drought-hit hydro province of Yunnan, which accounts for 11% of Chinas aluminium output, aluminium smelters have been required by the government to reduce their operating rates from mid-September. The Zintanis retaliated by attacking the town with artillery or rocket fire, hitting houses in residential areas. WebHurricane Sandy originated in the Caribbean Sea on October 22. This year theres been unprecedented forward momentum for LNG development. This was the second consecutive year that Yunnan cut primary aluminium production. Despite the recent weakness in energy prices, we do not expect capacity to come back online in the short term with Europe heading into the winter months and the war with Russia raging on. [137], On 10 November, armed clashes took place in Tiji (Nafusa Mountains) between local troops and a Kabaw-based militia, when the latter tried to take weapons and ammunition from a military base in the neighbour town. [201][202], On 5 December, an American teacher was gunned down while out on a morning jog in the al-Fwihet neighborhood of Eastern Benghazi. One of the major factors that will influence the timing and commercialization of the projects is the availability of feedgas supply where and when it is needed. One of the assailants affirmed that the Interior Ministry had authorised the operation after discovering practices of worshipping and "black magic" at the shrine. He said: "Libya is now infested with mercenaries. Helicopters]" Guide. Stoxx Energy sub-index rose 0.8% as of 10:33 am in Paris, while the broader European equity benchmark gained 0.3%. [61][62] Unconfirmed reports rose up the death toll to 48 killed in the clashes. I call on Libyan authorities to take every possible measure to spare Chad from new plot being originates in their country." Thanks to a dramatic surge in post-pandemic commodity prices, U.S. E&Ps are living out that dream as 2022 cash flow from operating activities (CFOA) is on track to quadruple from 2020 lows and more than double from pre-pandemic levels. If clean hydrogen is not a significant contributor to the U.S. energy mix by the 2030s, it wont be because Congress and the Biden administration didnt try. European demand has been hit the most in 2022 and is expected to be the major reason for weak growth in 2023. He and his brother took shelter in their home and opened fire on the militia with RPGs and automatic weapons. The Whangaruru area includes the villages of Punaruku west of the harbour, Whangaruru north of the harbour, and Whangaruru North east of Key Findings. Oil in New York traded for $80 a barrel, buoyed not only by China's reopening but as freezing weather shut more than a third of Texas Gulf Coast refining capacity over the past few days. That includes blue methanol plants, which produce a super-low-carbon version of the petrochemical intermediate and shipping fuel by capturing and sequestering most of the CO2 that is generated during production. [151] Although, a spokesman for the Defense Ministry said that he believed the shooting in Sebha had not been specifically aimed at the GNC President, but linked to the intertribal clashes of the precedent days in the town. The size of the bomb was such that parts of the buildings were destroyed. The source said that hundreds of Islamist militants were in and around the town, and there were militant training camps where weapons were also provided. In todays RBN blog, we continue our series on U.S. LNG projects by taking a closer look at Port Arthur, the one most likely to take FID next. Prior assumptions about energy security were out the window. , U.S. is fast running out of diesel and that's disastrous. 13/07/2022. "[189], On 17 November the deputy intelligence chief, Mustafa Noah, was also kidnapped outside Tripoli airport. WebCorinth (/ k r n / KORR-inth; Greek: , romanized: Krinthos, Modern Greek pronunciation: [korinos] ()) is the successor to an ancient city, and is a former municipality in Corinthia, Peloponnese, which is located in south-central Greece.Since the 2011 local government reform, it has been part of the municipality of Corinth, of which it is the seat [182], On 5 October, gunmen killed at least 12 Libyan soldiers in an attack on a checkpoint near the city of Bani Walid, a former stronghold of supporters of Muammar Gadhafi, security officials said. WebLatest breaking news, including politics, crime and celebrity. Although production continues to be cut in Europe and in the US, global primary aluminium output in October rose 3.1% year-on-year to 5.85 million tonnes, according to data from the International Aluminium Institute (IAI). See here for a complete list of exchanges and delays. Depending, SnapPoor November data on retail and industrial activity reinforce the message that, ArticleWhen it comes to searching the world for positive real interest rates, investors, ReportRarely have predictions for an upcoming year been so difficult and wide-ranging., ReportRarely has the energy market been such an important driver of global economic, ArticleEuro sustainable bond issuance in 2023 is not likely to repeat the growth rates, ArticleTo reduce carbon emissions, Europe aims to transition travellers from planes to, ArticleAs energy prices soared in 2022, the gap between energy-efficient homes and those, ArticleConstruction labour productivity has fallen over the past 25 years, which has made, ArticleSocial media companies have suffered heavily in the recent stock rout. The towns taking part were Zintan, Jadu, Mizdah, Ghariyan, Nalut, Qala and Rujban. In todays RBN blog, we examine the current state of the U.S. propane market, why things have improved so dramatically and, of course, what could still go wrong. Processing capacity is expected to increase by 1 million bpd per day in 2022 and 1.6 million bpd in 2023, mostly in Africa, Asia and the Middle East. Get information on latest national and international events & more. West Coast demand for Utah refined products has increased because of diminishing supply in the West due to refinery closures and biofuel conversions. Although some people chose not to answer the census's question about religious affiliation, 34.0% had no religion, 44.0% were Christian and 4.0% had other religions. It could be argued that no sector in the energy industry has seen more uncertainty the past three years than refining. The LME has reported that the proportion of Russian metal in LME warehouses has not changed significantly over the discussion paper period, with the percentage of live tonnage of Russian aluminium on warrant standing at 17.7% on 28 October, compared to 17% on 6 Octoberwhen the LME launched the discussion paper. The Ngtiwai hap of Te Uri o Hikihiki are the indigenous people of Whangaruru. "[97] The Grand Mufti of Libya Sheikh Sadik Al-Ghariani condemned the desecration of graves and holy sites, which he described as "not religiously permissible" and "a violation of the sanctity of the dead". The underbanked represented 14% of U.S. households, or 18. The reported number of dead was said to had risen to 26, eight from Zuwara and 18 from the outlying towns, and another 142 Zuwarans were wounded. The soldiers were on their way home to Benghazi from a military mission in Tripoli. Still, Chinas aluminium output has held up despite the energy crunch. In the United States, five refineries, with a combined capacity of 801,000 bpd, permanently shut in 2020. Safety Dance - Is It Too Soon to Celebrate Comfortable Winter Propane Market Conditions. [33], On 11 December, fighting erupted south of Zintan, between the Zintan militia and members of the El-Mashasha tribe. CAPACITY AND UTILISATION OF EUROPEAN REFINERIES. This is driven by demand destruction in the world ex-China in 2022 and 2023 and a higher rate of production inside China compared to 2021. [140], On 15 December, three Libyan soldiers, including two Captains, were killed in Bani Walid when they were ambushed by gunmen who were then reported to have taken full control of the Darha area. Youre the Ones That I Want, Encore Edition DOE Is on Its Way to Selecting Hydrogen Hub Winners, Don't It Make My Gray Methanol Blue? Because spring is still more than three months away. [69], On 16 May, fighting erupted between Tuareg tribesmen and local militiamen over control of a checkpoint on the edge of Ghadames on a desert route often used for smuggling, near the Algerian border. You can decide which cookies to allow and can change your cookie settings at any time. European average monthly imports were up by 13% year-on-year in March through June, while the US increased its Russian imports by 21% in the same period. New environmental regulations? Keep reading by creating a free account or signing in.. Sign in/Sign up; Subscribe; Support local news; News Sports Betting Business Opinion Politics Entertainment Life Food Health Real Estate Obituaries Jobs [101] The same day, the joint venture between AGOCO and Repsol announced a halt on oil production at the Akakus fields in the Murzuq basin, following an attack on some company personnel by the guards of the complex. The terminal was the fifth largest oil-products storage depot in the United Kingdom, with a capacity of about 60 million Imperial gallons (273 WebFind latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. More recently, some smelters in Henan province were planning to cut around 10% of their capacity due to a combination of winter season-related cuts and operational losses, which could account for an additional 50,000-100,000 t/y. [170], On 14 June, six soldiers were killed in Benghazi in clashes between Libyan special forces and armed protesters. Most smelters in Sichuan have now restarted the idled capacity. [5] The name "Whangaruru" is a Mori-language word meaning "sheltered harbour",[6] and is a direct linguistic cognate with "Honolulu" in the related Hawaiian language. Alcoa was also supportive of the idea of providing more details about the origin of the material in LME warehouses. One more refinery in the U.S. would close in 2021, bringing total closures to six and closed capacity over 1 million barrels per day. The employment status of those at least 15 was that 867 (43.5%) people were employed full-time, 306 (15.3%) were part-time, and 132 (6.6%) were unemployed. He had been kidnapped the day before, with his body allegedly showing torture signs and a fatal gunshot into the head. 13/07/2022. With pipeline projects and production growth in the Marcellus/Utica shales at a veritable standstill, the Texas and Louisiana production regions the Permian, Eagle Ford and Haynesville are the frontrunners for serving the bulk of the resulting Gulf Coast demand growth. The Topix Index rose 0.4% to 1,910.15 as of the market close in Tokyo, while the Nikkei 225 advanced 0.2% to 26,447.87. SERVICE STATIONS IN EUROPE [42] Officials said 12 people had been killed and around 100 wounded on both sides. The fighting began when a Tobu tribesman was killed by members of the Zuwayya tribe. Spaces are allowed; punctuation is not allowed except for periods, hyphens, apostrophes, and underscores. [141] The next day, four policemen were killed in two attacks by Islamist gunmen in Benghazi. [110][111] 11 people were killed during the clashes in Benghazi,[112] including six government soldiers who were found executed outside the city. convinced him to rescind his resignation. Residents were also armed as they set up checkpoints and barricades of metal, wood and tires to protect the various neighbourhoods amid fears of renewed violence. [119], On 2 October, clashes erupted between pro-government militias from Misrata and local militiamen in Bani Walid, with a result of one death and between five and ten wounded. [46], On 26 January, the humanitarian aid non-governmental organization Mdecins Sans Frontires (which had been present in Misrata since April 2011, during the Libyan Civil War) announced the suspension of their work in the city detention centres, as detainees were tortured and denied urgent health care. [199][200], On 28 November, 3 soldiers were killed and 3 others wounded in clashes with militants in the Sidi Khalifa district of Benghazi after they stopped a car loaded with weapons, explosives, and large sums of money that was trying to enter the city from the east. and "The blood we shed for freedom shall not go in vain!" In the clashes with local residents that followed, three militiamen were killed and seven people were injured, according to Interior Ministry sources. [16], "Statistical area 1 dataset for 2018 Census", "Mergers, Closures and New Schools, January 2005 - December 2005", "Charter school a waste of public money - PPTA", https://en.wikipedia.org/w/index.php?title=Whangaruru&oldid=1082974790, All Wikipedia articles written in New Zealand English, Short description is different from Wikidata, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 April 2022, at 07:02. And its a fact that sustained cold weather, logistical challenges and other factors can wreak havoc with any propane market. [17][18], In September 2012, Islamists attacked the United States consulate building in Benghazi, killing the US ambassador and three others. [39] In response to the incident, NTC chairman Mustafa Abdul Jalil warned that Libya risked sliding into civil war if the rival militias were not brought under control. When the pandemic hit, big U.S. refiners closed numerous facilities that were less profitable than other operations. [162], On 27 April, Chadian President Idriss Deby accused Libya of not doing enough to stop Chadian mercenaries from training at a camp set up near Benghazi. Lets hope its no bad bunny. This momentum has revived a number of projects from the COVID-induced wasteland, including Sempras Port Arthur LNG. Global refining fell by about 3.3 million barrels of daily capacity since the start of 2020, according to industry estimates. [91] In Sabha, two African migrants were killed and several others wounded when unknown assailants threw an explosive device at the home where they stayed. Prices at the pump may have sagged in recent months, but dont think for a second that refining has reverted to anything resembling stability and normalcy refiners still face a host of challenges and unknowns. Looking ahead to 1Q 2023, the risk for aluminium prices will be mainly to the downside, with the prolonged war in Ukraine, rising energy prices, low gas availability, high inflation and weakening downstream demand all adding to the bearish outlook for the lightweight metal.
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