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AI Surge Has Big Tech Scrambling for Power Supply

AI Surge Has Big Tech Scrambling for Power Supply

U.S. utilities are struggling to…

U.S. Oil, Gas Drilling Activity Slows

U.S. Oil, Gas Drilling Activity Slows

The total number of active…

Energy / Energy-General

Puerto Rico’s Ambitious Clean Energy Plan

Feb 10, 2022 at 11:51 | Haley Zaremba

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

Is BP Providing A Blueprint For Big Energy?

Feb 10, 2022 at 11:15 | Felicity Bradstock

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,…

The Future Of Flight: Finding A Low Carbon Jet Fuel

Feb 10, 2022 at 11:10 | Felicity Bradstock

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 Gets Further Behind Oil Production Quotas

Feb 10, 2022 at 09:59 | Tsvetana Paraskova

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…

Biden, Saudi King Talk About Oil Prices

Feb 10, 2022 at 08:58 | Charles Kennedy

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…

The Lone Bear Calling For $65 Oil

Feb 09, 2022 at 11:19 | Irina Slav

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…

Higher Oil Prices Not Likely To Lead To Runaway Inflation

Feb 09, 2022 at 11:13 | Alex Kimani

After a relentless rally,  oil prices have lately tumbled, falling for two days on potential de-escalation of the Ukraine crisis and…

UAE Expands Strategic Oil Hub To Counter Iranian Threat

Feb 09, 2022 at 11:13 | Simon Watkins

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…

The Green SPAC Bubble Is Bursting

Feb 09, 2022 at 11:08 | Alex Kimani

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…

Europe’s Nuclear Fusion Race Is Going Private

Feb 09, 2022 at 11:07 | Haley Zaremba

The race is on to achieve commercial nuclear fusion. Believers in the “holy grail of clean energy” are hopeful that a breakthrough in…

Fossil Fuel Workers Will Play A Vital Role In The Global Energy Transition

Feb 09, 2022 at 11:04 | Haley Zaremba

In 2020, at the height of the first wave of the coronavirus pandemic, United States coal production dipped to a 50-year low, with…

India’s Crude Demand Is Rising Despite High Oil Prices

Feb 09, 2022 at 10:15 | Tsvetana Paraskova

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…

TotalEnergies: High Oil Prices Are Here To Stay

Feb 09, 2022 at 09:53 | Tsvetana Paraskova

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 Slashes Oil Exports To India

Feb 08, 2022 at 14:00 | Charles Kennedy

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…

Could This Be The Last Great American Oil Boom?

Feb 08, 2022 at 12:16 | David Messler

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.…

Traders Are Taking Advantage Of A Looming Fuel Shortage

Feb 08, 2022 at 12:07 | Charles Kennedy

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’s Time To Stop Comparing Big Oil To Big Tobacco

Feb 08, 2022 at 11:48 | Haley Zaremba

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…

Optimism Over Iran Nuclear Deal Drags Oil Prices Down

Feb 08, 2022 at 11:46 | Josh Owens

Chart of the Week

Rising LNG Exports Are Becoming A Problem For Biden

Feb 08, 2022 at 11:45 | Kurt Cobb

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)

Is The Energy Transition Moving Too Quickly?

Feb 08, 2022 at 11:30 | David Blackmon

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…

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