Aperio Intelligence News Today

Companies face up to $120bn in costs from environmental risks in their supply chains between 2021 and 2026, according to environmental disclosure platform CDP. The risks come from a variety of sources, including natural disasters and government policies. Some firms are using AI to screen potential partners for compliance with laws and regulations, while others are engaging risk consultancies to carry out deeper diligence exercises. Monitoring systems are also being used to stay ahead of emerging...

Respected science journal Nature calls on world militaries to decarbonise estimating that together defence forces produce up to 2.2billion tonnes of CO2 a year.

Russia and Iran are looking to increase energy cooperation at a time when their sanctions-hit crudes are competing for customers seeking discounts. Russian and Iranian officials discussed oil and gas supply swaps, as well as increasing joint energy investments May 25, as an increasingly isolated Moscow seeks more trade partners due to unprecedented sanctions pressure. ...

Russia will increasingly use barter and specific currency transactions for energy supplies, an S&P Global Commodity Insights analyst said May 24, as a default looms for billions of dollars in foreign currency reserves if the US allows a key waiver to expire May 25. “Ultimately, Russia is likely to see its financial system backed by ...

OPEC and Russia remain aligned but the Kremlin’s influence within the group of major oil producers looks diminished by sanctions and the international backlash to its war in Ukraine. As the OPEC+ alliance prepares to hold its next virtual meeting May 5 to decide on June crude output levels, Russian production is already on the ...

A number of companies say they will continue to pay their employees and keep up leases, but is it sustainable?

India’s minimal dependence on Russian crude means that the South Asian oil buyer can weather any potential supply disruption from Russia, but surging oil prices are starting to put a huge amount of upward pressure on import bills and inflation. However, analysts said Indian buyers are increasingly becoming cautious about shipment logistics and delays of ...

Russia moved on Jan. 24 to assert that it remains a “reliable guarantor of European energy security”, a day after the US and UK governments began withdrawing embassy staff from Kiev amid concerns that Ukraine — a key transit hub for oil and gas — could be invaded. “Russia was a reliable guarantor of European ...

6 hours Aramco To Sell Pipeline Stake To EIG For $12 Billion 7 hours Uganda, Tanzania Seal $3.5-Bln Oil Pipeline Deal 3 days North Dakota Oil Pipeline Prevails Over Environmentalists 3 days Iran Says It Will Return To Nuclear Compliance After U.S. Lifts Oil Sanctions 3 days China Sets World Record For Deep-Sea Drilling In Disputed South China Sea 3 days Total’s $5-Billion Uganda Project Set For Imm...

Europe lagging in battery metals production – report VW’s Salzgitter plant Image courtesy of Volkswagen A report on battery metals produced by Aperio Intelligence on behalf of Eurobattery Minerals forecasts a considerable increase in raw materials demand for Europe’s e-mobility sector by 2025, which is unlikely to be met by local producers. According to the document, Europe produced around 750,000 EVs in 2019, a total that is set to rise to more than 4 million in 2025. This equates to an...