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Article Archive | Page 5

The EU Allows Members to Ban Russian LNG as Imports Climb

Apr 12, 2024 at 06:26

1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…

Geopolitical Tensions Keep Oil Prices Elevated

Apr 12, 2024 at 06:02

In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and…

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Apr 12, 2024 at 05:59

Politics, Geopolitics & Conflict Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey…

How Energy Investors Should Read The Fed’s Latest Notes

Apr 12, 2024 at 05:56

As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I started in that market, which…

Iran Plays Down Risk of Retaliatory Attack on Israel

Apr 12, 2024 at 05:52

Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key Iranian general and other diplomats/military…

U.S. Crude Production To Decline In 2024 As Shale Activity Stalls

Apr 11, 2024 at 19:48

Over the past three years, the U.S. energy sector has enjoyed an oil price boom that has been accompanied by soaring crude production. According to data by the U.S. Energy…

Oil Fund Withdrawals Suggest Extended Price Rally

Apr 11, 2024 at 13:39

The world's largest crude oil exchange-traded fund has bled over $2 billion in less than a year. And it's not due to investors finding greener pastures elsewhere with other ETFs;…

Biden Administration's SPR Plans Derailed by Oil Price Surge

Apr 11, 2024 at 09:32

Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy

Manufacturing Boom Fuels Demand for Industrial Metals

Apr 11, 2024 at 09:29

Via Metal Miner Month-over-month, the Construction MMI (Monthly Metals Index) moved sideways for the fourth month in a…

Plant Vogtle: Boon or Bust for the Future of U.S. Nuclear Power?

Apr 11, 2024 at 09:25

The United States has big plans to expand its nuclear energy industry. The country already boasts the biggest nuclear fleet in the world and is solely responsible for about a…

Kazakhstan and Azerbaijan Strengthen Trade Ties

Apr 11, 2024 at 09:21

Kazakhstan and Azerbaijan are strengthening their trans-Caspian relationship. Closer bilateral ties can provide a big boost to the development of the Middle Corridor trade route. Azerbaijan’s…

Air-Stable Ruthenium Catalyst to Revolutionize Industrial Chemistry

Apr 11, 2024 at 09:17

Researchers at The University of Manchester have achieved a groundbreaking advancement in catalyst technology by developing a new catalyst which has been shown to have a wide…

China Exports Gasoline Using Blockchain In Unprecedented Move

Apr 11, 2024 at 12:08

China’s Sinochem Energy Technology Co. Ltd., a subsidiary of state-owned multinational conglomerate Sinochem Corp., has successfully completed the shipment of gasoline from China’s Quanzhou City to Singapore using blockchain technology.…

M&A Fever Hits Canada's Oil and Gas Industry

Apr 11, 2024 at 10:34

The mergers and acquisitions (M&A) wave sweeping through the U.S. oil and gas industry has reached Canada, which could see a megamerger in the coming months.    Smaller deals are…

Deficit in Grid Capacity Threatens European Energy Policy Targets

Apr 11, 2024 at 08:44

A new analysis by the energy think tank Ember has found that several countries in Europe could soon face bottlenecks in their national…

OPEC Expects Solid Global Oil Demand This Summer

Apr 11, 2024 at 08:20

Global oil demand in the summer is expected to be strong as consumption of transportation fuels is set to rise across the board and across regions with summer and holiday…

OPEC+ Rules in an Increasingly Tight Oil Market

Apr 10, 2024 at 16:11

The OPEC+ group is firmly back in control of the oil market and has the power to have it extremely tight in the second half of the year should it…

The AI Revolution Has a Problem: Energy

Apr 10, 2024 at 11:38

Artificial intelligence is helping the oil and gas industry boost output by accelerating drilling and boosting efficiency. It offers similar gains to other industries as well and online platforms and…

Biden’s LNG Pause Could Have a Significant Impact On Global Energy Security

Apr 10, 2024 at 10:05

Back in January of this year, the Biden administration announced a controversial decision to pause approvals of new licenses to export liquefied natural gas (LNG). President Biden announced that…

Sao Paulo's Power Grid Nears Breaking Point

Apr 10, 2024 at 09:35

Dark days ahead in São Paulo, the industrial and commercial hub of Brazil. They noticed last month, after a three day blackout hit the city’s center and its poorer neighborhoods,…

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