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Showing posts from March, 2018

What is an Expert Witness and why use NRG Expert?

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When it comes to disputes in the energy world, few things strengthen your case like a solid testimony from a real expert. The NRG Expert team comprises a number of individuals who qualified to give expert statements regarding a huge range of energy related issues. Our experts will work in tandem with your internal litigation or regulatory teams to give you the highest possible chance of success. With plenty of experience appearing before courts of every level in the UK, US, Canada and the EU, you can be sure of a professional attitude and quality output from us at all times. What is an Expert Witness ? An expert witness is someone with a particularly specialised knowledge, which qualifies them to give evidence in legal proceedings. As our name suggests, we are experts in the energy sector and this places us in an excellent position to give testimonies in court on behalf of our clients. Often it is the evidence provided by experts that makes sure the courts find justice in...

OPEC losing market share due to U.S oil frenzy

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The price of oil increased on Thursday as a result of equity markets picking up despite the prediction that the supply of crude oil is going to exceed demand by the end of this year. Futures for Brent crude rose by 23 cents and settled at $65.12, while U.S. West Texas Intermediate (WTI) futures also climbed 23 cents by the end of the session on Thursday, sitting at $61.18. As the U.S stock markets picked up, oil rose alongside it. Crude futures have also risen in tandem with equities without interruption for almost the last 100 trading days, which amounts to the longest such stretch in around two years. The S&P 500 stock index jumped around 0.15%. There was also some price fluctuation after the United States stated that there would be new sanctions against certain Russian individuals and groups. This includes Moscow’s intelligence services and a propaganda organisation based in Russia. A partner at Again Capital in New York, an investment manager, named John Kilduff, exp...

German Court Permits Ban on Diesel Vehicles in Large Cities

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We are moving, slowly but surely, towards a future in which we will be completely dependent on renewable energy . This means cutting down, bit by bit, on our usage of fossil fuels, which pollute and damage the environment, until we can get rid of them completely. After the Paris Deal was signed in 2015, everyone started announcing ambitious targets for carbon emissions, some of which look more likely to be met that others. All this has been well and good, but one country has just completely changed the game. Less than a fortnight ago, a court in Germany ruled in favour of an initiative by the country that will allow large cities to prohibit diesel cars. Diesel cars are some of the worst culprits when it comes to air pollution and the ban on their entering big cities in Germany will no doubt have a huge impact on air quality there. This historic ruling came from the highest federal administrative court in Germany and is expected to hit the automotive industry hard. It is also going...

Trump’s Plan to Raise Federal Gas Tax is Not a Hit with his Economic Advisers

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On Wednesday, Donald Trump, President of the United States of America, was warned that raising the tax on gasoline in order to pay for improvements to infrastructure was an ‘imperfect’ system. This input from Trump’s top economic advisers comes in the wake of Trump’s proposal to increase federal gas tax by 25 cents. These funds would then be used to fund the President’s infrastructure plan to maintain and improve the nation’s roadways. Conservatives have been notably displeased with the idea as there are worries that it might counter the benefit from the tax cuts that were recently implemented by the GOP. This would put the Republican Party in a tough spot ahead of the midterm elections. Furthermore, the Council of Economic Advisers has released a report addressing various concerns the team has regarding the use of taxes in order to pay for the nation’s roads. The chairman of the council, Kevin Hassett, spoke publicly to CNBC on Wednesday to confirm what the council me...