U.S. utilities are struggling to…
The total number of active…
Nearly five years ago, Puerto Rico declared bankruptcy. Or rather, it declared the closest thing to bankruptcy that a state or territory can declare when it
By bolstering a select few oil operations and pumping funds into renewable energy projects, BP is already emerging stronger in the early days of its transition. This week,…
Huge companies are battling it out to produce low-carbon jet fuel as several of the world’s biggest multinationals and energy companies race to decarbonize their operations. With increasing…
OPEC raised its crude oil production by just 64,000 barrels per day (bpd) in January 2022, well below the 254,000-bpd increase in output allowed under the OPEC+ deal, as OPEC…
President Joe Biden and Saudi Arabia's King Salman spoke this week about energy prices, with both saying their countries were committed to stability on the energy market. The talks come…
Bullishness across commodity markets is overwhelming. Goldman’s Jeffrey Currie summed it up earlier this week by saying “This is a molecule crisis. We’re…
After a relentless rally, oil prices have lately tumbled, falling for two days on potential de-escalation of the Ukraine crisis and…
The geopolitically critical positioning of the UAE’s Fujairah as an alternative global crude oil storage facility and transit hub to the perennially troublesome Strait of Hormuz route continued…
Over the past few years, investors have been pumping money into electric vehicle startups and other young green tech companies at a record clip, with many EV startups…
The race is on to achieve commercial nuclear fusion. Believers in the “holy grail of clean energy” are hopeful that a breakthrough in…
In 2020, at the height of the first wave of the coronavirus pandemic, United States coal production dipped to a 50-year low, with…
Despite $90 oil prices, state refiners at the world’s third-largest oil importer, India, are scouring the market for spot supply to top their term contract deliveries as state-owned refineries look…
International crude oil prices will remain high for a while, according to Patrick Pouyanné, chief executive of French supermajor TotalEnergies. "I've no good news to deliver, oil prices will remain…
Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year as state oil…
Recently, ExxonMobil, (NYSE:XOM), and Chevron, (NYSE:CVX) announced their intention to sharply ramp up production in their shale output by about 25% this year.…
After fears of a crude oil shortage, it was only a matter of time before traders started to take advantage of tight fuel stocks as well. And they…
It is not novel or particularly creative to compare Big Oil to Big Tobacco. Over the years, dozens (if not hundreds) of think pieces have been published to…
Chart of the Week
Few people noticed when energy reporters wrote in early January that the United States had become the world's largest exporter of liquefied natural gas (LNG)
Researchers at Rice University’s Baker Institute released a new report Monday warning of the human and economic costs of moving too rapidly to a desired “energy transition” from…