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Energy / Energy-General

The Future Is Bright For Artificial Intelligence In The Middle East

Jul 22, 2022 at 09:01 | Oxford Business Group

As part of ongoing efforts to diversify their economies and build a platform for sustainable future growth, MENA nations are increasingly turning towards artificial intelligence (AI).

MI6 Chief: Iran May Not Want A Nuclear Deal

Jul 22, 2022 at 08:42 | Tsvetana Paraskova

The German government and the biggest German buyer of Russian gas, Uniper, agreed on Friday on a $15 billion bailout package to help the energy giant which has…

Saudi Arabia Has Big Plans To Boost Oil Export Capacity

Jul 22, 2022 at 08:34 | Tsvetana Paraskova

Saudi Arabia expects to have freed up to 1 million barrels per day (bpd) of oil for exports by 2030 by cutting its direct oil use in power…

Will Western Sanctions Against Russia’s Gold Industry Work?

Jul 21, 2022 at 11:27 | The Jamestown Foundation

On July 14, both Western (Euractiv.com, July 13) and Russian (Rbc.ru, July 14) sources reported that the European…

The Companies Taking Advantage Of America’s LNG Boom

Jul 21, 2022 at 11:17 | Alex Kimani

Over the past few years, dozens of U.S. midstream companies have set their sights on natural gas pipelines and export terminals as the U.S. natural gas and LNG…

High Gasoline Prices Force Biden To Play Nice With Saudi Arabia

Jul 21, 2022 at 10:04 | Robert Rapier

During the campaign for the Democratic nomination for president, Joe Biden said he would make the Saudis “pay the price” for their killing of Washington Post contributor Jamal…

Top U.S. Refiners Set For 652% Surge In Profits

Jul 21, 2022 at 09:39 | Charles Kennedy

Amid soaring gasoline prices in the second quarter, the eight biggest independent U.S. refiners are set to report later this month a huge 652% sequential jump in their average earnings…

Novak: Russia Will Not Export Oil If Price Cap Is Below Production Cost

Jul 21, 2022 at 09:25 | Tsvetana Paraskova

Russia will not supply oil to the global markets if the price cap being discussed is set at a level below Russia’s cost of production, Russian Deputy Prime Minister Alexander…

Halliburton Warns Significant Frack Growth May Be Impossible This Year

Jul 21, 2022 at 09:20 | ZeroHedge

Fracking, or hydraulic fracturing, is an oil extraction technique that involves high-pressure water blended with sand and chemicals, forced into underground rocks known as shale to capture oil…

Governments Can No Longer Afford To Leave Energy Security To Market Forces

Jul 20, 2022 at 11:19 | Alex Kimani

Russia’s invasion of Ukraine and the subsequent global energy crisis are spurring a profound transformation in the global energy system.    About three decades…

China May See An Unprecedented Drop In LNG Imports This Year

Jul 20, 2022 at 10:37 | Tsvetana Paraskova

China became the world’s largest importer of liquefied natural gas last year. But in a completely different energy market this year, China will likely cede the title to…

Europe Does A Complete U-Turn On African Oil And Gas

Jul 20, 2022 at 10:32 | Irina Slav

European governments are scouring the world for natural gas as they seek to reduce their overwhelming and increasingly uncomfortable dependence on Russia's Gazprom. Besides the United…

America’s Most Important Shale Patch Isn’t Going Anywhere

Jul 20, 2022 at 10:27 | Felicity Bradstock

The Permian Basin has dominated oil and gas deals in the U.S. in 2022, attracting almost half of all oil investments in the second quarter. Its abundant shale…

The World Is Ready For A Renewable Gas Revolution

Jul 20, 2022 at 10:13 | Felicity Bradstock

An Australian advert hyped up the future of “renewable gas” this month in a bid to start raising public knowledge of new green energy projects that could eventually…

Gasoline Build Weighs On Crude Prices

Jul 20, 2022 at 09:51 | Julianne Geiger

The U.S. Energy Information Administration showed that crude oil inventories decreased by 400,000 barrels over the week to July 15, versus the expected 748,000-barrel build compiled by a Bloomberg survey. On…

Why Natural Gas Stocks Are Outperforming Oil Stocks

Jul 19, 2022 at 12:40 | Alex Kimani

Over the past couple of weeks, oil stocks have sold off heavily, reversing a good chunk of their early-year gains thanks to a drop in oil prices due…

Even ESG Funds Are Now Buying Big Oil Stocks

Jul 19, 2022 at 11:04 | Tsvetana Paraskova

After years of shunning and demonizing the oil and gas industry as the main culprit of rising global temperatures, some investors are now warming up to the sector…

The Uncertain Future Of Oil And Gas Firms In The North Sea

Jul 19, 2022 at 10:57 | Felicity Bradstock

Major oil firms are turning their backs on North Sea oil for various reasons. Environmental organizations have been putting increasing pressure on the U.K. government to curb oil…

Are Oil Prices Set To Rally Once Again?

Jul 19, 2022 at 10:52 | Tom Kool

While it is always risky attempting to forecast oil prices when volatility is soaring, the recent return above $100 for both WTI and Brent suggests fundamentals might once again be…

Halliburton Q2 Income Surges As Global Drilling Activity Rises

Jul 19, 2022 at 09:35 | Charles Kennedy

Halliburton (NYSE: HAL) booked a 41-percent surge in its second-quarter adjusted net income amid growing drilling activity both in North America and in international markets, the oilfield services provider…

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