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A New Railway Could Transform Trade And Transport In The Gulf

A New Railway Could Transform Trade And Transport In The Gulf

The much-anticipated GCC Railway project…

Energy / Energy-General

How China Could Spark A Major Reversal For Oil Prices

May 23, 2022 at 10:48 | Simon Watkins

The huge discrepancy between China’s massive economic growth and its minimal oil and gas reserves made it the big global backstop bid for crude oil and many other…

Wireless Power Will Be A Game-Changer For Green Energy

May 23, 2022 at 10:14 | Tsvetana Paraskova

Scientists at the U.S. Naval Research Laboratory believe that power beaming could be the next big thing in energy, capable of wirelessly powering devices and delivering electricity from…

Poland Says Norway Should Share Its “Gigantic” Oil & Gas Profits

May 23, 2022 at 10:10 | Tsvetana Paraskova

Norway, western Europe’s largest oil and gas producer, should share the huge profits it has made from oil and gas exports since the Russian invasion of Ukraine, Poland’s prime minister…

Citi: Soaring Energy Bills Raise Chances Of Windfall Taxes In Europe

May 23, 2022 at 09:52 | Charles Kennedy

The higher the energy bills in Europe become, the higher the chances are for a windfall tax on energy companies and utilities, as governments will be forced to ease the…

Biden Could Tap Diesel Reserve In A Bid To Ease Fuel Crunch

May 23, 2022 at 08:23 | Tsvetana Paraskova

The U.S. Administration is considering the potential release of diesel from a rarely used emergency stockpile, a senior White House official told CNN on Monday, as President Biden scrambles…

Geopolitics Takes A Back Seat As Biden Drops Sanctions On Venezuela

May 20, 2022 at 14:44 | Felicity Bradstock

When Biden sent a delegation to Caracas in early March, rumors began to circulate that the U.S. was considering reopening relations with Venezuela…

Billionaires Are The Drivers Of Innovation In The Energy Industry

May 20, 2022 at 13:43 | Felicity Bradstock

Some of the world’s most famous billionaires have long had a hand in traditional and innovative energy projects, but just how much do they shape the perception of…

Oil Prices Under Pressure As China Considers Russian Crude

May 20, 2022 at 12:10 | Tom Kool

China added some downward pressure to oil prices this week when it clearly signaled its intent to buy more discounted Russian oil. Between China and India, Russia is racing to…

Will Crude Hit $120 Again?

May 20, 2022 at 11:30 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a planned European Union ban on…

Russian Oil Revenues Soar Despite Sanctions

May 20, 2022 at 11:30 | Editorial Dept

1. Gasoline Tightness Becomes Main US Concern- With the EIA reporting an almost 5-million-barrel stock…

Can Venezuela Help Lower Gasoline Prices?

May 20, 2022 at 11:30 | Editorial Dept

Politics, Geopolitics & Conflict Venezuela: With gasoline prices in the United States at all-time highs–over $6 per gallon in California–the pressure is on the Biden Administration to vigorously pursue ways…

Two High-Yield Plays In A Tricky Market

May 20, 2022 at 11:30 | Editorial Dept

I am a bit confused. The recent move down in the stock market makes perfect sense in a lot of ways but moves in other markets do not. The Fed…

How Russia Has Revived NATO

May 20, 2022 at 11:30 | Editorial Dept

These are great times for NATO, as an organization and an alliance. After the fall of Communism in the 1990s, NATO lost its raison d’etre. It never fully…

Afghanistan Can’t Pay Its Biggest Electricity Suppliers

May 20, 2022 at 10:16 | Eurasianet

International sanctions against the Taliban government in Afghanistan are also hitting the pockets of its neighbors in Central Asia. Uzbekistan and Tajikistan are unable to recover…

EU Faces Same Hurdles Over Tariff On Russian Oil As With Embargo

May 20, 2022 at 09:44 | Tsvetana Paraskova

The European Union is unlikely to reach a unanimous decision on the idea the U.S. has floated for cutting Putin's oil revenues—a tariff on Russian oil, a senior official told…

World Sees First Global Energy Shock: World Energy Council

May 20, 2022 at 09:10 | Irina Slav

The world is experiencing the first global energy shock in its history, the secretary-general of the World Energy Council said this week, expecting the crisis will have a transformational effect…

Russia To Stop Gas Supply To Finland On Saturday Morning

May 20, 2022 at 08:12 | Tsvetana Paraskova

Finland will become the third EU member state to see its Russian gas supply halted after refusing to pay in rubles for gas, as Gazprom will cut deliveries on the…

Saudi Aramco Plans To Take Its Trading Arm Public

May 19, 2022 at 15:00 | Cyril Widdershoven

After regaining its position as the most valuable listed company in the world, Saudi national oil company Aramco is attempting to monetize one of its assets. Saudi officials…

How Latin America’s Transportation Mega-Projects Could Revolutionize Trade

May 19, 2022 at 10:37 | Oxford Business Group

As Latin America continues its recovery from the Covid-19 pandemic, several countries are undertaking large-scale transport infrastructure projects to improve regional and international connectivity and trade.

Analyst Warns Of A Fuel Shortage Crisis In The U.S.

May 19, 2022 at 09:41 | Tsvetana Paraskova

Very low inventories of oil products in the United States and a shortage of refining capacity have laid the foundations for an oil shortage crisis in the United States this…

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