Offshore wind has the potential to become a major industry in the United States over the next decade, unlocking billions of U.S. dollars of investment and creating thousands of jobs.…
Two weeks ago, America's largest smartphone maker, Apple Inc. (NASDAQ:AAPL), announced a 4-for-1 stock split that will be executed at the end of August. Apple said it pulled off…
Venezuela’s oil exports – which have dropped significantly over the past year because of the U.S. sanctions – are suffering another blow these days: the quality of the crude loaded…
For beer lovers, it may sound like a tragic waste. For those who abhor waste, it is a tale of the circular economy that could play a vital…
The global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hours (TWh) in 2030 compared to 2019, a new report by Wood Mackenzie states.…
Turkish President Recep Tayyip Erdogan alleged on Thursday that its oil and gas exploration vessel, the Oruç Reis, has come under attack, according to Turkish state media, in what…
It turns out the cellphone industry believes its customers just can't be bothered with setting their phones in charging cradles or worse yet, actually plugging a charging cord into a…
The International Energy Agency expects crude oil demand this year to be 8.1 million bpd lower than it was in 2019, a downward demand forecast revision of 140,000 bpd, the…
The OPEC+ panels will not be discussing next week any revisions of the ongoing production cut pact and are not expected to make any major decisions to tweak the deal,…
Iran reportedly seized a Liberian-flagged oil tanker in the Strait of Hormuz and then let it go, the AP has reported, quoting a U.S. military official. According to the…
Complete electrification and close to 100 percent renewable energy generation: this is a vision of the United States 15 years from now. According to the visionaries, this objective…
No matter how you slice it, it’s clear that we are heading into a new and unprecedented era for energy. The novel coronavirus has shaken up the global…
The island of Mauritius in the Indian Ocean is attracting tourists thanks to its pristine beaches, spectacular lagoons and coral reefs, and unique marine life. These days, however, Mauritius is…
The March 2020 oil price crash and COVID-19 pandemic has hit the global energy sector hard. In response oil companies are slashing capital spending, driving down costs and…
Four months ago, Congress approved the ambitious and unprecedented Paycheck Protection Program (PPP) as part of the $2 trillion pandemic rescue package, and now we’re starting to see the…
The United States shale revolution didn’t just transform West Texas, and it didn’t just transform the energy sector, and it didn’t just transform the entire U.S. economy. It…
Saudi Arabia’s oil giant Aramco is considering additional cuts to its capital expenditure (capex) in order to be able to pay its massive dividends, the Financial Times reported on…
U.S. crude oil production will drop by an average of 990,000 barrels per day, according to the Energy Information Administration, for an average of 11.26 million bpd. That is…
Crude oil prices got another lift today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to August 7. At…
Due to the coronavirus shock to the global economy, the world’s oil demand is expected to drop by 9.1 million barrels per day (bpd) in 2020 – a larger demand…