Battery storage was the fastest-growing…
Russia’s oil and gas revenues…
Following a strongly inflationary metal environment in Q1, Q2 2022 is looking like a whole different ballgame. Indeed, it’s no secret that the global economy is currently facing…
Over the past few months, oil and commodity markets have been taking out fresh highs after the shuttering of Ukrainian ports, sanctions against Russia, and disruption in Libyan…
Russian oil production is falling. In March, it shed half a million bpd, which by the end of April reached a full 1…
With the Ukraine war closing in on the 70th day, the global economy is decidedly in worse shape than it was before Russia decided to invade its neighbor…
China is trying to have it all. As China develops the future of its energy and industrial landscapes through sweeping programs like the Belt and Road Initiatives and…
Europe is racing to procure as much non-Russian gas as possible following its irreversible decision to break free from Russian dependence by the end of this decade.
Even before Russia’s invasion of Ukraine, Chinese President Xi Jinping had plenty on his plate: maintaining ambitious growth targets, a deepening rivalry with Washington, climate change, demographic pressure,…
Whenever the trucking market slows, truck drivers look for someone to blame. Normally, a slowdown is just a function of supply and demand. The market has too much…
Public exploration and production (E&P) companies are on track to shatter previous record profits this year as high oil and gas prices and surging demand drive financial success.…
There is a fairly blithe assumption in government circles that shale production can be raised at will. That assumption is about to be put to the test as…
The potential for 3D printing in the energy industry is gradually becoming clear. After years of encouraging oil and gas majors to adopt the technology for on-site additive…
The Russian invasion of Ukraine is upending global energy markets and short-term efforts to reduce emissions. The ongoing frantic search for non-Russian energy supply,…
Despite the severe oil production cuts expected in Russia this year, tax revenue will increase significantly to more than $180 billion due to the spike in oil prices,…
Abu Dhabi’s national oil company ADNOC is implementing its diversification plans at a staggering speed. Recently, it announced new major renewable energy projects and investments worldwide, and now…
The number of total active drilling rigs in the United States rose by 3 this week, after an increase of 2 rigs in the week prior, according to new data…
Oil prices are on course for a fifth straight monthly increase despite significant demand destruction in China, a trend that highlights just how big the current supply problem is.
Although electric vehicles (EVs) may appear to be the last thing the oil and gas industry would desire, energy firms are investing heavily in EV technologies, not wanting…
Competition between the United States and China in the realms of electric and autonomous vehicles could determine the future control of global supply chains in an unprecedented way, according to…
U.S. supermajors ExxonMobil and Chevron reported on Friday strong earnings for the first quarter as oil and gas prices surged after Russia invaded Ukraine. ExxonMobil (NYSE: XOM) doubled its…
Illegal refineries have been plaguing Nigeria for years. The government has repeatedly tried to curb clandestine refining activities and has reduced the number of operations substantially in recent…