Sao Paolo is facing blackouts…
British multinational oil & gas…
Australia is facing its first recession in 30 years. The Covid-19 pandemic ended an unprecedented period for the country’s economy which expanded consecutively for decades. Even during the financial crisis…
Two weeks ago in Renewable Energy Growth Continues At A Blistering Pace, I highlighted the inability of renewable energy to keep up with overall energy…
The Libyan National Army (LNA), the self-styled forces of Eastern Libyan strongman General Khalifa Haftar, rejected on Sunday the ceasefire announced on Friday by the UN-backed government of Libya…
Researchers at Germany’s Karlsruhe Institute of Technology have developed an environmentally friendly process to extract lithium from the salty thermal water reservoirs that are located in the Upper Rhine Trench.…
Saudi Arabia's Energy Ministry will help with the $500-billion smart city project dubbed Neom to make sure it is completed on time, minister Abdulaziz bin Salman said, as quoted…
It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of positive news including declining inventories…
Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a…
COVID-19 has disrupted the global economy in a truly unprecedented fashion. This unanticipated interruption to business-as-usual and the near-unstoppable momentum of the economic industry has given the world the once-in-a-lifetime…
This year has brought the uncertain future of the energy industry to a head. The novel coronavirus has catalyzed and brought to the surface discussions that have been…
The is some big spending ahead for electric utilities. More than the politicians and policymakers expect. Electric utilities have to decarbonize and modernize.…
With so much bullish news in recent weeks, the fact that oil prices have failed to break out does not bode well for markets in the coming weeks.For…
Baker Hughes reported on Friday that the number of oil rigs in the United States rose for the first time since January by 11, to 183—the first double-digit increase since…
U.S. West Texas Intermediate crude oil futures are trading lower on Friday, putting the market in a position to close lower for the first week in three. The market has…
1. Global rig count hits record low- The U.S. rig count has hit…
Politics, Geopolitics & Conflict - This may be the end of one of the world’s longest-surviving dictators - the ever-colorful president of Belarus, Aleksandr Lukashenko. Hundreds of thousands of protesters…
When you trade, you get things wrong. The only time that becomes a problem, though, is when you can’t admit it, whether to yourself or others. I learned that from…
Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in the world, behind the number-one producer, the United…
This Weekend, Libya’s Fate Is Decided Breaking developments in Libya suggest that this is the end game, and what happens over the weekend will determine the fate of…
The UN-backed government of Libya announced a ceasefire on Friday, and the east-based rival administration also called for a truce in a move that could pave the way to…
Saudi Aramco is suspending its investment in a joint venture developing a US$10-billion refinery and petrochemicals complex in China amid capex cuts, Bloomberg reported on Friday, citing people with…