$18 Trillion or Total Nonsense? The Oil Demand Divide
OPEC sees oil demand rising to 123 million bpd by 2050, requiring $18.2 trillion in investment—while the IEA expects demand…
OPEC sees oil demand rising to 123 million bpd by 2050, requiring $18.2 trillion in investment—while the IEA expects demand…
The U.S. Commerce Department has imposed preliminary anti-dumping tariffs of up to 160%—and over 700% for some firms—on Chinese graphite…
Finland is pioneering the use of sand batteries for long-term, cost-effective, and environmentally friendly energy storage, offering a promising alternative…
Trump has warned that any country buying Russian oil could face 100% secondary sanctions if Russia does not agree to…
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More NewsShell and other oil majors have withdrawn from the SBTi climate standard effort, triggering a pause in its oil and gas guidelines.
1 day agoMergers and acquisitions in the global upstream oil and gas sector clocked in at just over $80 billion in the first half of 2025, good for a 34% year-over-year decline amid volatile oil prices and tariff concerns
2 days agoChevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's acquisition of Hess Corporation, despite a challenging arbitration battle.
2 days agoBP has sold its US onshore wind power business, signaling a broader industry retreat from renewable energy ventures that are not yielding expected profits and a return to oil and gas.
2 days agoEurope leads with supportive policies and grid integration, while North America sees growth driven by transport credits and private investments.
2 days agoIndia achieved a record 22 gigawatts of renewable energy capacity additions in the first half of 2025, primarily driven by solar and wind, as the country aims for energy security amidst a continued reliance on fossil fuels.
2 days ago